Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1917-07-29
LEGAL Advertisements
Application for Charter.
PGTA Sumter County.


W. Zuber, of DeKalb county Ga, and
F A. Quillian, of Fulton county, Ga,
respectfully shows:
LIST. Your petitioners desire for
themselves, their associates and sue
cessors, to be incorporated and made
a body corporate under the laws Of
Georgia for a period of twenty years,
with the right of renewal at the end
Of that time under the name and style
OF Flintside Manufacturing Company.
End. The capital stock of said cor
poration shall be Fifty Thousand ESQ.,
100000 Dollars, divided into five hun
dred shares, Of the par value of One
Hundred 100000 Dollars per share,
with the right to increase said capital
stock at any time or from time to
ime, by a majority vote OF the capital
stock then outstanding to any amount
not exceeding Two Hundred Thousand
| (S200 100000 Dollars; said increased
capital stock to be in common stock, or
ipreferred stock in such amount, and
in such proportion as may be deter
mined by a majority vote of the capital
common stock outstanding at the time
! Of such increase. Preferred stock to
! bear such rate of interest, have such
share of profits and such preference
as to payment of principal over the
common stock, and with only such
voting power and voice in the manage
ment of the corporation as may be de-
termined by majority vote of the
capital common stock of the corpora
ton at the time such issue is author
lied, and also with the right of the
{ corporation at such time as it may de-
signate to pay off said preferred stock
and retire the same.
3rd. Petitioners desire for said cor
poration, the right to organize when
said capital stock has been subscrib-
ed and the right to begin business
when 1919 of the capital stock has
been paid into the corporation.
4th. Petitioners further desire that
said corporation shall have the right
to take in payment of the capital stock
personal property or real estate OF
any kind or character useful to said
corporation, the same to be taken at a
fair market value to be determined by
the subscribers to said capital stock.
9Th. The object and purposes of
said corporation are pecuniary gain to
the stockholders, and the business to
be engaged in by it is a manufacturing
business. Your petitioners desire for
said corporation the right to develop
a lime plant or kiln, to extract from
the ground lime deposits, pulyerize the
same and manufacture and sell lime
fertilizer and all their ingredients and
products The right to manufacture
and sell peanut oil and its products
peanut meal and feedstuffs of any and
all kinds; the right to manufacture and
sell lumber and lumber products. For
the purpose of carrying on said bust
, ness, petitioners desire for said corpo-
! ration, the right to buy real estate
! improve and sell the same, to buy anG
i erect machinery. mills, plants, houses
|, and also to sell the same, to buy and
sell timber, lumber, saw and dry the
] same, to grow, buy and sell peanuts
and their products, and other articles
and things necessary to carry on the
/, business of said corporation, or profit
able to said business.
9th. Petitioners desire for sale
!, corporation the right to issue bonds
borrow money, and secure the paymen
by mortgages or trust deeds on an!
/ property that it may own. The RICH
t. subscribe for stock ill other corpo
rations, when not contrary to law, an(
hold or vote the same. The right K
make, endorse and issue promissorI
notes, drafts or bills of acceptance Of
ether negotiable instruments or evi
dence of Indebtedness and also The
ri: hit to loan money, the right to sue
and be sued, and make bylaws for the
! government of said corporation.
It'll. The principal Office and place
CT business of said corporation shall
be at Flintside. in Sumter county, Ga,
but petitioners desire the right for
said corporation to establish branch
Offices in any other place in the state
D o. Georgia, the United States, or for
eign countries
Sth That the said corporation shall
8 have the right at any time by ma
jCrity vote of the stockholders at any
: regular or called meeting to sell any
: or all of its assets either for cash or
on time or for stocks, bonds, notes OF