The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1916-04-16

thereafter as may be done under the
laws Of said state.
3rd. The object Of said corporation
shall be pecuniary gain for itself and
its stockholders.
4th. That the capital stock of said
corporation shall be the sum OF ten
thousand ($10,000) dollars. to be diyid-
ed into shares Of the par value of one
hundred ($100) dollars each, and
which capital stock they pray the priv
ilege of increasing from time to time
to sum not exceeding one million
($1 900, 000) dollars, and if increased,
to diminish the same to any amount
not less than the original capital stock
of ten thousand ($10,000) dollars, in
any or either case by a majority vote
of the stockholders Of said corporation.
5th. Petitioners show that the OBJ
jects and purposes and particular bus
mess proposed to be carried on by, and
the purposes of their association, are
Ito engage in manufacturing, buying,
selling and dealing in all products and
by-prOducts of gasoline, petroleum, and
its products and by-products; to en-
gage in the business of owning. leas-
ing and operating manufacturing
plants, warehouses, and storage yards,
and leasing, owning and operating oil
wells, pipe lines and owning, leasing
and operating vehicles of all classes
and kinds and motive power, boats and
water craft necessary and convenient
for the purposes of the business to be
carried on by said corporation; and,
engaging in the business Of storing pc
troleum and it's products Of all forms
and classes, and subscribing to and
acquiring stock. bonds and other evil
dence of indebtedness OF other compa-
MES, as well as other corporations and
not prohibited by law and receiving
stock, shares, bonds and other evil
dences of indebtedness Of other corpo-
rations in payment Of debts owing it
and not prohibited by law; acquiring
licensing, leasing, owning, using and
selling patents and patent rights, trade
names and copyrights, and all other
classes and forms Of property and
chooses in action for cash or on credit
with the right to execute and deliver
deeds Of trust. deeds to secure debt
ana other liens in the acquisition
thereof, selling and disposing Of any
Of its Rxloperty for cash or on credit,
and to receive mortgages and deeds
10 secure debt, deeds OF trust or other
forms of security from the purchaser,
or purchasers, when sold on credit,
with the right to loan persons, whether
natural or artificial and to take such
security for such loans as the board
Of directors Of said corporation may
see fit
9Th. The principal office Of said
corporation shall be in the city Of
Brunswick, said state ana county, with
the right to establish offices at any
place or places within the state Of
Georgia, or other states or territories
Of the United States or any foreign
country, and the directors Of said cor.
poration shall have tho power to hold
any meeting at such place or places in
said state or in any other state or ter
ritory as well as in the city Of Bruins
wick, and the action taken at any such
meeting or such other place or places
shall be binding on said corporation as
if held in said city Of Brunswick.
18th. That the affairs of said corpo-
ration shall be administered by % board
Of directors which shall consist Of
such number Of directors as the stock
holders may fix at their annual meet
ings, and who shall be elected by said
stockholders except as hereinafter pro-