The Marietta journal and courier. (Marietta, Ga.) 1909-1918, 1916-04-07
APPLICATION FOR CHARTER
GEORGIA, COBB COUNTY
To the Superior Court of said Conn

The petition of Josiah Carter. Jr
r. &. Marchman and Doyle P. But
Ter, OF said state and county, respect
fully shows:
LIST. That they desire for themsel-
vesy their associate, successors and
assigns, TO be incorporated under tho
name and style of HOMELANDS &
HIGHWAYS COMPANY.
2nd. That they desire to be in
corporated in said name and stvi.
Tor the full period of twenty years.
with the right of renewal at the en-
piration of said time, as provided bv
law.
3rd. The object of said corpora
ton is pecuniary gain to its stock
holders.
4th. The particular business
which it proposes to carry on is To
publish or have published, maya
zines or news papers or other period
lcals, and to do a general advertis
ing, printing and publishing bust
ness; also the right to buy, sell and
develop real estate.
9Th The amount of capital to he
employed by said corporation is to be
Thirty-five Hundred Dollars, divided
into shares and represented by two
classes of stock, viz: common and
preferred. Of said capital stock the
preferred stock shall consist of forty
saares of the par value of Twenty
five Dollars each, and the common
stock shall consist of Two hundred
and fifty shares Of the par value Of
Ten Dollars each. The preferred
stock may be issued by said company
with such guarantee Or right of pre-
ference whether in respect to divi-
dend or a repayment of capital or
both or any other special privilege Or
advantage over the common stock
then issued or about to be issued or
thereafter to be issued and with any
such right or without any such right
OF redemption on the part of the COM
Pany or subject to any such condi-
tions or provisions, and with any
such right of voting and generally on
such terms as the company through
its common stockholders may by res
olution or bylaws determine. Ten
percent of said capital stock has been
actually paid in.
Petitioners further desire that
the capital stock of said corporation
may be increased by a majority vote
Of the stockholders to sum not ex-
ceeding Fifteen Thousand Dollars,
and in the event of such increase
two-thirds of the same shall be COM
mon stock and one-third shall be pre-
ferred stock.
9Th. Petitioners further desire
that said capital stock be paid either
in cash or in property, to be taken
in and received at a fair valuation.
eth. The principal place of bust
ness of said corporation is to be IN
the city of Marietta, Cobb County,
Georgia, with the right to transact
business and establish branch offices
Or agencies elsewhere.
Sth. Petitioners desire that said
corporation shall have the powers
necessary and proper for the execu-
ton of its object and to carry On
the particular business above stipu-
lated, with the right to secure, accu-
mulate and dispose of any and all
real estate or personal property nee
ossary, suitable or convenient in the
conduct Of its business; with the
right and power to borrow money
with or without security and to is
sue bonds Or other obligations for
the purchase of property or to secure
funds to be applied to the purposes
of such business, and to secure the
same by such mortgages deeds Of
trust or other conveyances as the
SlOCk-nOlQerS may authorize, Will
the right to reduce its capital stock
by a majority vote of its stock-hOld-
ers; with the power to sue and he
sued, to plead and to be impleaded,
to contract and to be contracted with,
to have and use common seal, and
to make all necessary bylaws and
regulations for the conduct of said
corporation as may be necessary I'M
der the laws of Georgia; with the
right to amend the same at any time.
9Th Petitioners further desire
special authority for said corpora
ton TO accept amendments of said
charter either in matter of form or
substance, by majority vote of the
stock holders, and if desired, TO wind
up said corporation and its business
or to sell and dispose Of all assets OF
said corporation at any time by q
majority vote OF the stock outstand-