The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1917-01-06
PETITION FOR CHARTER.
STATE OF GEORGIA
Glynn Of Glynn.

10 inc superior court OF SAID County:
The petition of j. F. Burns and Sam
E. Brown, of the county of Glynn, and
+. A. Mcintosh, of the county of Nc
lntosh, respectfully shows unto the
court as follows:
l. That they desire for themselves,
those to be hereafter associated with
them and their successors. to be in
corporated under the corporate name
and style of the Mcintosh Land 6.
Timber Company for a period OF
twenty years with the privilege Of re-
newal as is provided by law.
2. That the principal office and
place of business of said corporation
shall be in said county of Glynn and
State of Georgia with the right to do
business and have place of business
in other counties of said state or of
any other State of the United States
3. That the capital stock of said
corporation shall be fifteen thousand
($15,00G.00) dollars divided into one
hundred and fifty shares Of the par
value of one hundred ($10000) dollars
each with the privilege of increasing
said capital stock at any time, or
from time to time to any amount or
amounts finally not exceeding one
hundred and fifty thousand ($150,000)
dollars by a majority vote of the then
stock of said corporation
4. That they desire the privilege
OF commencing business and to fully
organize said corporation under the
charter hereby applied for when the
same is granted as soon as twenty
per cent of the capital stock is actu-
ally paid in and to receive at its fair
value any and all property, whether
real or personal, in payment Of the
shares of its capital stock.
5. That the object of said corpora
ton is for the financial gain and
pecuniary profit of its stockholders.
6. That the particular business
proposed to be carried on by said cor
poration is:
(a) The operation of saw mills and
cross-tie camps, turpentine stills and
farms, and the dealing in, buying and
selling the products and manufactures
of all such, and the buying and sell
ling of lumber, turpentine, cross-ties
and such like products manufactured
by other persons.
(b) The leasing, buying and SELL
ing of real estate, timber lands, tim
Der and logs both for its own account
and on commission for the account
of others.
Co The doing of all other things
incident to the profitable operation
OF a saw mill, cross-tie or turpentine
business.
(d) The conduct and cultivation OF
farms and plantations.
(e) The raising, breeding, buying
and selling cattle, hogs and all Other
kinds of livestock.
7. Petitioners desire that said cor
poration shall have the privilege and
power of buying and selling, owning
leasing, hiring and renting such Other
real or personal property as may be
necessary for the proper conduct Of
said business.
s. Petitioners further desire thai
said corporation shall have the power
Of buying, selling, owning and con.
trolling stock in other corporations
and buying, selling, leasing, owning
controlling and operating it's owl
stock and franchises and as we'll the
stock and franchises of other corpo.
rations.
g. That they desire that said cor
poratiOn shall have the power to Dor
row money and to secure the paymen
of same by executing deeds to secure
debt mortgages, trust deeds and 9th
er membranes or liens upon any o.
all real Or personal property that ma!
be owned by said corporation.
10. That said corporation shall
have the power to make for itself by
laws for the conduct and regulation
of its officers, directors, stakeholder
and business; that it shall have tn,
powers to name and provide the mum
Der of officers of said corporation
and their character, and to define ant
provide their powers, duties and liza
bilities and the manner in which sucl
officers shall be selected or electe.
and the term for which they shall
hold their Offices and the compensa
ton they shall receive for their SCI
vices.
Wherefore petitioners pray tina
this honorable court will, by suitabl
order, grant unto said corporation
charter giving it and vesting in it a.
of the powers and privileges herein
above stipulated and set forth as we
as all other powers and privileges Civ
en- and vested by the laws Of Georgi
to and in corporations chartered b
the Superior Court Of said State, an
petitioners will ever pray. etc.
A D. GALE,
Petitioners Attorney.
Filed in office, this 14th day of d.
cember 1916.
H. T. duBIGNON,
Clerk S. c. Glynn County, Georgia.
12-15, 1929; IA.