The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1916-03-25
LEGAL ADVERTISEMENTS.

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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
to engage in manufacturing, buying
selling and dealing in all products and
py-products of gasoline, petroleum, and
its products and by-products; to en-
! gage i'll 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
land 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 its products of all forms
land classes, and subscribing to and
acquiring stock, bonds and other evil
QCncc of Indebtedness of other compa-
not prohibited by law, and receiving
stock, shares, bonds and other ovi-
dencCs 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
thames 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
sand other liens in the acquisition
/ thereof, selling and disposing Of any
tof its property for cash or on credit,
and to receive mortgages and deeds
Ito 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
isecurity 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 and county, with
the right to establish offices at any
tplaCe or places within the state of
Georgia, or other states or territories
:of the United States or any foreign
icountry, and the directors Of said cor
iporation shall have the 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
7th. 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-
vided for. All such directors shall be
stockholders i'll said corporation du-
ring their entire period of service as
such directors, and such directors
shall hold office for one year and un-
til their SUCCESSORS are elected and
shall qualify. Said directors shall
elect the other officers of sair corpo-
ton, except as hereinafter specified,
and they shall in addition to the other
powers usually pertaining to directors
have the power to issue and sell notes
of said corporation or other forms of
security fer the purpose Of raising
funds for Or paying off debts of, or for
Lpaying for property acquired or to be
Lacquired by said corporation, whenev-
or, in their opinion, il shall become
to the best interest of said corporation
TO do 50, and to secure all such notes,
bonds, or other forms Of indebtedness
by mortgage, deed to secure debt, deed
of trust. or other lien or cncumbrance
Of said corporation
| Sth. Said corporation shall have the
right. by majority vote of its common
stockholders, at any time, to issue and
sell preferred stock Of the corporation
not to exceed one million $4,000, 000D
dollars, with such provisions. rcstric-
tions' preferences, terms and condi-
tons surrounding the sale Of such pre-.
fcrred stock as the stockholders may
authorize.
9Th. Said corporation may at any
time upon vote taken by majority
Of its stockholders sell and dispose of