The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1917-10-19
PETITION TO RENEW CHARTER
GEORGIA-GLYNN COUNTY;

ne pctitlOH Oh Dit I No W I'M J blA-
MINAL & RAILWAY SECURITIES
COMPANY respectfully shows:
l. That it was incorporated under
the name of BRUNSWICK DOCK &
CITY IMPROVEMENT COMPANY
by this court by order granted Decem-
Der 6, 1897, for a term of twenty years,
and that therefore its charter will ex-
pire by operation OF law at said time
unless renewed.
2. That by an amendment granted
to it's charter .by order of this court
on October %, 1909, the name of the
corporation was changed from Bruins
wick Dock and City Improvement
Company to Brunswick Terminal and
Railway Securities Company, and by
said amendment petitioner was au-
thorized to increase its capital stock
from Five Million Dollars up to Ten
Million Dollars, and that its Outstand-
ing capital stock is now Seven Mil
lion Dollars represented by Seventy
Thousand shares of the par value of
One Hundred Dollars each, all being
common stock.
Reference is hereby had to the
original petition for incorporation and
said order of December 6. 1897, grant
ing the same, and to the original pc.
tition for amendment to the charter
and the order of October 30, 1909
granting the same, and all of which
are of file in the office of the Clerk
of this court, and to the charter rec
ords and final records of this court in
which said petitions and orders have
been recorded as provided by law in
such cases, for full understanding
of the rights privileges and powers
;iven and granted to petitioner.
8. That petitioner desires that its
charter be renewed for a term OF
twenty years from December 6, 1917
with all of the rights, powers AND
privileges given and granted by its
original charter and the amendment
thereto, including the right to increase
it's capital stock from time to time
up to but not exceeding ten million
dollars by majority vote of the stocl
issued and outstanding at the time
| action is had to make such increase
| That at a meeting of the stOckhold
ers of petitioner duly called in accord
ance with the bylaws of petitionel
| and held at the office of the Compan!
| in the City of Brunswick, Georgia, OF
| September 20, 1917, and at which
meeting Il majority and quorum of the
| stock was represented and voted, thu
| following resolution was unanimousl!
| adopted:
| WHEREAS, a charter was grant
ed to the Brunswick Dock and Cit.
improvement Company by the Super
! ior Court of Glynn County, Georgia
| on December 6, 1897, for a term o
twenty years;
| "AND WHEREAS, upon proper pro
| ceedings had for the purpose o
amending the charter the name o.
said corporation was changed t.
Brunswick Terminal and Railway Sc
curities Company by order of sale
| court granted October 23, 1909, ant
| by said amendment the corporation
was authorized to increase it's capita
| stock from five million up to ten mil
| lion dollars and by appropriate &C
| ton Of the stockholders the capita
| stock was increased to seven million
| dollars represented by seventy thous
| and shares of the par value Of one
hundred dollars each, and this being
! the present outstanding capital stocl
| of the Company;
"AND WHEREAS, said cnarter viii
| expire by operation of law on Decem
! Der 6, 1917, unless renewed;
NOW THEREFORE, BE 1T ANE
1T IS HEREBY RESOLVED by the
stockholders of Brunswick Terminal
and Railway Securities Company in
| meeting duly assembled that the char
ter of this corporation be renewed
for another term of twenty years, and
that application be made to the Su
perior Court of Glynn County, Geor.
gia, for such renewal for a term of
twenty years from December 6, 1917
with all of the rights, powers and
privileges granted to the corporation
by its original charter and by the
amendment thereto of October %,
1909.
FURTHER RESOLVED that the
officers and attorneys of this corpora
ton be and they are hereby author
lied and directed to take the neces-
sary and proper legal proceedings to
ave the charter so renewed
certified copy of said resolution
comprising an abstract of the min
utes Of said meeting, and such other
abstracts from said meeting as are
pertinent to this petition, duly certi-
fed under the corporate seal of petit
toner, is hereto attached with the
Nf