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


To the Honorable Superior Court
of said County:
The petition of Homer T. Yaryan, of
the city of Toledo, in the state of Ohio,
and James S. Bradley, Jr., and H. w.
Perry, of the city of Brunswick, said
state and county, respectfully shows:
LIST. That they desire, with their as
sociates, successors and assigns, to
be incorporated and made body po-
little, under the laws of said state, un-
der the name and style Of Yaryan Flo
tation Oil Company, and by and under
that name to sue and be sued, contract
and be contracted with, plead and be
implicated, and have full power and au-
thority to use, acquire and purchase
and hold lands, tenements, goods,
stocks and chattels, and the same to
mortgage cucumber, lease, sell, and
adopt such bylaws and rules for the
regulation and government of the
same as may be advisable. To adopt,
have and use a corporate seal.
End. That said corporation have its
principal office in the city of Bruins
wick, said county and state, with the
privilege of establishing branch Off
ces at any place or places within the
state of Georgia, or other states or ter
ritories of the United States or any for
egn country, and the directors of said
corporation shall have the power to
hold meetings at any such place or
places in said city or in any other state
or territory as well as in the city of
Brunswick, and the action taken at
any such meeting or such other place
or places, shall be binding on said cor
poration, as if held in the city of Bruins
wick.
3rd. That they have authority to is
sue stocks in shares of one hundred
($100) dollars, each, to an amount Of
ten thousand ($10000) dollars, with
the privilege to increase the same from
time to time to a sum not exceeding
one million $1,000,00O dollars, and IL
increased, to diminish the same to any
amount not less than the original cap
ital stock, in any or either case, by
said corporation.
4th. That they may issue bonds and
notes and execute mortgages, deeds OF
trust. or other forms of security to
secure the same.
5th. That the stockholders who have
paid their stock subscriptions i'll full
are to be in no way liable for the debts
of the corporation or any other wrong
committed by it.
9Th. That the affairs of such corpo-
ration may be managed and the busl-
ness conducted by president and
board of directors. of such number as
may be provided by its rules and regu-
lations and bylaws, which board shall
consist of not less than three nor eX-
ceeding nine members, who shall nave
the power to appoint or elect such 9th
err officers as they may deem ncces-
sary.
7th. Petitioners show thai no part
of said capital stock has yet been pald
in. but the business under this CHAR
ters is not to commence until ten per
centum of the capital stock of ten thou-
sand ($10,00O) dollars has been SUD
scribed and paid for.
Sth. The object of said corporation
shall be pecuniary gain for itself and
its stockholders.
9th. Petitioners show that the OBJ
jects and purposes and particular BUS
mess proposed to be carried on by sald
corporation, are to engage in the man
ufacture of, buying, selling and dealing
in allfoils, both mineral and vegetable,
resins and acids and their comblna-
tions, and petroleum and its by-pfod-
ucts and coal tar and it's dervltles;
to build and use tank cars, vehicles,
warehouses and storehouses, and all
classes and kinds OF motive power
boats and water craft necessary anu
convenient for the purposes OF the Dus-
mess of storing resins and OILS, Doth
mineral and vegetable, and SUBSCRIBING
to and acquiring stocks, bonds ana
other evidences of'indebtedness OF 9th
er companies as well as other corpora
tons and not prohibited by law, ana
receiving stocks, shares and bonds ana
other evidences of Indebtedness OF oth-
err corporations in payment Of debts oW-
ing it and no prohibited by law. Ac-