Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1917-08-01
Legal Advertisements
Application for Charter.

NPPhNANAUA IVA ShdA LCIs
GEORGIA, Sumter County
To the Superior CouN of Said Coun-
ty:
The petition of Il. D. Terrell and C.
D. Terrell, of Crisp county, Ca; j. B.
Terrell, of Newton county, Ca; John
W. Zuber, of DeKalb county Ga, and
F A. Quillian, of Fulton county, Ga,
respectfully shows:
1st Your petitioners desire for
themselves, their associates and sue
cessoFs, to be incorporated and made
a body corporate under the laws of
Georgia for 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
bred shares, of the par value of One
Hundred ($10000) Dollars per share,
With the right to increase said capital
stock at any time or from time to
ime, by majority vote OF the capital
stock then outstanding to any amount
not exceeding Two Hundred Thousand
(S200000.00) Dollars; said increased
capital stock to be in common stock, or
preferred stock in sach amount, and
il 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 a 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 1870 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
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
TIE 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 it's 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 and
erect machinery. mills, plants, houses,
and also to sell the same, to buy ant
sell timber lumber, saw and dry the
same, to grow, buy and sell peanutA
and their products, and other articles
and things necessary to carry on the
business of said corporation, or profit
able to said business. -,
6th. Petitioners desire for said
corporation the right to issue bonds
borrow money, and secure the payment
by mortgages or trust deeds on any
property that it may own. The right
+, subscribe for stock in other corpo-
rations, when not contrary to law, and