The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1917-04-18
PETITION FOR CHARTER.


STATE OF GEORGIA, County OF
Glynn:
To the Superior Court of Said Coun-
ty:
| The petition of j. B. Dudley, c. Fl.
Dudley and Mrs. d. Metzger, all o.
said state and county, respectfully
shows;
l. That your petitioners for them,
| selves, their associates, successors
and assigns, desire to be incorporat-
cd under the corporate name and
style Of the Brunswick Machine Com
pany for term of twenty years, with
the privilege of renewal as provided
| by law
2 That the principal office of said
| corporation shall be in the city OF
Brunswick, Glynn county, Georgia,
with the right to establish and main
| tain branch offices and agencies else
where in the state of Georgia, and in
other states of the United States, and
In foreign countries.
3. That the capital stock of said
| corporation shall be three thousand
dollars (S3000), to be divided into
| shares Of the value of one hundred
| dollars ($100) each, all Of which shall
| DE common stock, with the privilege
Of increasing its capital stock from
| time to time to any amount not ex-
;eeding fifteen thousand dollars ($15,-
| J00), such increase to be made by
a majority vote of the common stock
outstanding on the date or dates ac-
| ton is taken to increase such stock
| all shares to be OF the par value of
| one hundred dollars ($100) each, and
| similarly TO decrease the same from
| time to time to ny sum, however.
lot less than three thousand dollars
$4,000
4. That the object of the corpora
| ton is pecuniary gain to its stockhold-
| ers, and the particular business to
be carried on by it is as follows:
| TO operate and conduct a general
| foundry, machine and manufacturing
company and marine railway and
] dry docks. for the purpose of build
ng and repairing vessels, steam boats,
| ships. motor boats and all other
water craft and automobiles and other
| machinery, and to do all other kinds
| of work that can be done in and
about general foundry, machine and
| manufacturing company or marine
railway or dry docks; and also to en-
| gage in the wrecking business for the
| purpose Of raising, recuing and pro
Getting and preserving disabled, sunk
| IN or damaged vessels, ships, motor
boats and other water craft of any
description or their cargoes.
5. That they also desire, in further
| ance of the purposes of their said
| association, that the corporation be
empowered to make, seal, endorse and
| negotiate promissory notes, accept
ancas, foreign and domestic bills OF
exchange and other negotiable pa
pers: to borrow money and issue
bonds, notes, debentures or other OBJ
legations therefor and secure the pay.
ment thereof by personal security,
mortgages, pledge or deed to secure
debt; to purchase, own, sell, convey
Ind transfer real and personal prop
erty Of every nature and to form part
nerships with other persons or cor
porations in the conduct of the bust
ness aforesaid; to make and enter
into contracts, sue and be sued in the |
corporate name, to have corporate
seal and to make bylaws not incon- |
sistent with law; and generally to do |
and perform all acts and things neces-
sary to carry out the purposes and |
businesses of said corporation as |
hereinbef0re set forth; and to have, |
exercise and enjoy all other corpor
ate powers and privileges possessed |
by private corporations for business
PURPOSES under the laws of Georgia. |
Wherefore, petitioners pray that
they, their associates, successors and /
assigns, be Incorporated as aforesaid, |
for the term and for the purposes
stated, with the rights, powers priv
ileges and capital stock hereinbofore
set forth
CROVATT AND MANGUM,
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