The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1917-06-20
PETITION FOR CHARTER.

! PETITION FOR CHARTER.
State of Georgia. County of Glynn.
To the Superior Court of said Coun-
ty:
The petition of J. P. Harrell, A. d.
'ale and A. E. Leybourne respectfully
ihows unto the court as follows:
1. That they desire for themselves.
hose to be hereafter associated with
hem. and their successors, to be in
yorporated under the corporate name
md style of the Colonial Realty
Company" for period OF twenty
| 900 years, with the privilege of re-
lewal as is provided by law
| 2. That the principal office and
place of business of said corporation
| shall be in said county and state, with
| the right to do business and have
| places of buiness in any of the other
| ~ounties of said state or of any other
states of the United States.
3. That the capital stock to be
| .mployed by said corporation shall be
| twenty-five thousand dollars ($75,-
| }00), to be divided into seven hun
! 'lred and fifty (75O) shares Of the
PAR value Of one hundred dollars
| ($1OO) each, with the privilege of
| increasing said capital stock at any
| time and from time to time, to any
| amount or amounts finally not exceed
| ing two hundred and fifty thousand
dollars ($250, 00O), by a majority vote
| Of the then capital stock of said cor
| roration
4. That said corporation shall have
| the right of dividing said capital
stock into either common or prefer
| red stock, or common and preferred
| stock in such ratio and amount a.
its board of directors may at any
time determine and select.
5. That they desire the privilege
of commencing business and finally
organizing said corporation under the
charter hereby applied for, when the
same shall be granted as soon as
twenty 600 per cent of the capita
stock. is actually paid in, and to re
ceive at its fair value any and al
property, whether real or personal, il
payment of the shares of it's capita
. stock SO subscribed.
6. The object of said corporation
is for the financial gain and peel
mary profit of its stockholders.
= 7, That the particular business pr,
Z posed to be carried on by said CO
Ii poration is:
estate and brokerage business; IL
buying and selling for its own q
y count, and on commission for the a
count of others, both improved al
- unimproved real estate.
. b. The buying and selling for i
~ own account, and on commission fl
the account of others, timber, til
a. Der leases and timber lands.
C. TO act as renting and col1ec
u ing agent for owners of real estat
"a and to do all things that are usual
Z done and performed by real esta
y and renting agents.
d. To contract for and build (,
- its own account and for the accoul
of others houses and other improv
VI ments to real estate.
g. e. To conduct the business of
~ wholesale and retail dealer in lur
" Der, brick, cement, hardware, lin
I and all other building supplies an
Is material.
f. To buy and sell for it's own a
y count, and on commission for other
= the stock and bonds of other corpo
ations, and also to deal in, buy, Sc
I and own state, municipal and govern
faent bonds, and to buy and sell tn
same on commission for the accour
of others.
4 9. /. Petitioners desire that said COZ
poration shall have the power an
| privilege of buying and selling, own
ing, leasing hiring and renting sue
property, real and personal. as ma
be necessary for the proper conduc
jof said business,