The Lee County journal. (Leesburg, Ga.) 1904-19??, 1917-02-16
Legal Advertising
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GEORGIA, LEE COUNTY.
TO THE SUPERIOR COURT OF
SAID COUNTY:
The petition Of R L Heath, 7 O Tharp
and w Lyons ct al Of said County
and State respectfully show:
First.
That they desire for themselves, their
associates and successors to be incorpo-
rated and made body polite under the
name and style of FARMERS GIN
MING COMPANY" for period Of
twenty years,
Second.
That the principal Office and place OF
business OF said corporation shall be in
the City Of Leesburg, said County, but
petitioners desire the right to establish
branch offices and places of business at
any point within this State or elsewhere,
whenever the holders OF majority OF
the stock may so determine.
Third.
The object Of said corporation is the
pecuninary gain to it's self and its stock
holders
Fourth.
That the business intended to be car
ried on by said corporation is the gin
ming, buying and selling of cotton, the
buying and selling Of cotton seed, corn,
oats, hay and all and every other kind
or kinds of produce: and they desire the
right and privilege to establish in con-
nection Herewith warehouses in which
the same may be kept, stored or sold,
provided majority Of said stock hold
ers shall desire to so exercise said right
and privilege.
Fifth.
That the capital stock of said corpo-
ration shall be (7,5O0.00) seventy-five
hundred dollars, with the privilege of in
creasing same to the sum of ($15, GOO O)
fifteen thousand dollars, by majority
vote OF said stock holders, said stock to
be divided into shares of ($l00.00) one
hundred dollars, ten per cent OF said
capital stock employed by them to be
actually paid in before they commence
to exercise the privilege conferred by
said charter.
They desire the right to have livestock
paid in money or property to be taken
at fair valuation, provided majority
Of said share holders should elect.
Sixth.
That they desire the right to sue and
be sued, to plead and be implicated, to
have and use common seal, to make
all necessary bylaws and regulations
and to do all things necessary for sue
cessfuI carrying on Of said business, in
Guiding the right to buy, hold and sell
real estate and personally suitable tothe
purposes of said corporation, and to
execute notes and bonds as evidence Of
Indebtedness incurred, or which may be
incurred, in the conduct OF the affairs Of
said corporation, and to secure the same
by mortgage, security deed, or other
form OF lien under existing laws.
Seventh.
They desire for the said corporation
the power and authority topay for, and
accept amendments to it's charter of
either form or substance by vote of a
majority of its stockholders at the time
outstanding. They also ask for authori-
ty Of corporation to wind up its affairs,
liquidate and discontinue its business
at any time that it may so determine by
a vote of two-thirds Of its stock outstand-
ing at the time.
Eighth.
That they desire for said corporation
the right of renewal when and as pro-
vided by the laws of Georgia; and that
it have all other such rights, powers and
privilege and immunities as are inciden-
tai to like corporations or permissible
under the laws of Georgia.
WHEREFORE, Petitioners pray that
they be incorporated under the name
and style aforesaid with the powers
privileges and immunities hereinbefore
setforth, and as may now or hereafter be
allowed corporation of similar charac-
ter under the laws of Georgia.
ROBT. R. FORESTER,
26-4t. Petitioners Attorney.