The Brunswick news., 1917-05-10
PETITION FOR CHARTER.

<
State of Georgia, County of Glynn.
To the Superior Court of said Coun'
ty:
The petition of J. B. Dudley, c. Fl.
Dudley and Mrs. D. Mezger, all OF
said state and county, respectfully
shows:
l. That your petitioners for them
selves, their associates, successors
and assigns, desire to be incorporat-
ed under the corporate name and
style of the Brunswick Machine Com
pany for a term of twenty years, with
the privilege of renewal as provided
by law.
2. That the principal office OF said
corporation shall be in the city of
Brunswick, Glynn county, Georgia,
with the right to establish and main
tain branch offices and agencies else
where in the state of Georgia, and in
other states of the United States, and
in foreign countries.
3. That the capital stock of said
corporation shall be three thousand
dollars (s3,000), to be divided into
shares of the value of one hundred
dollars ($10O) each,- all of which shall
be common stock, with the privilege
of increasing it's capital stock from
time to time to any amount not ex-
ceeding fifteen thousand dollars ($l5.-
000), such increase to be made by
majority vote of the common stock
outstanding on the date or dates ae-
tion is taken to increase such stock |;
all shares to be of the par value Of
one hundred dollars ($100) each, and
similarly to decrease the same from
time to time to any sum, however,
not less than three thousand dollars
$4,000.
4. That the object of the corpora
tion is pecuniary gain to its stock
holders, and the particular business
to be carried on by It is as follows:
To operate and conduct q general
foundry, machine and manufacturing
company and marine railway and
dry docks, for the purpose of build.
ing and repairing vessels, steam
boats, ships, motor boats and all 9th.
er water craft and automobiles and
other machinery, and to do all other
kinds of work that can be done in and
about general foundry, machine and
manufacturing company or marine
| railway or dry docks; and also TO en-.
gage in the wrecking business for the
purpose Of raising, rescuing and pro-
tecting and preserving disabled, sunk
en- or damaged vessels, ships, motor
boats, and other water craft of any
description or their cargoes.
5. That they also desire, in fur.
therance of the purposes Of their said
association, that the corporation be
| empowered to make, seal, endorse
| uiiu iC6otldIo Rlohi9bOly hOtCbt dL-
ceptances, foreign and domestic bills
of exchange and other negotiable pa
pers; to borrow money and issue
| bonds, notes, debentures or other OBJ
| legations therefor and secure the pay;
ment thereof by personal security
mortgages, pledge or deed to secure
debt; to purchase, own, sell, convey
and transfer real and personal prop
erty Of every nature and to form part
nershfps with other persons or cor.
porations in the conduct OF the bust
ness aforesaid: to make and enter
into contracts, sue and be sued in the
corporate name, to have corporate
seal and to make bylaws not ircon.
| sistent with law; and generally to do
and perform all acts and things neces.
| sary to carry out the purposes and
businesses Of said corporation as
hereinbefore set forth: and to have,
exercise and enjoy all other corpor-
ate powers and privileges possessed
by private corporations for business
purposes under the laws of Georgia
Wherefore, petitioners pray that
they, their associates, Successors and
assigns, be Incorporated as aforesaid,
for the term and for the purposes
stated, with the rights, powers, priv
ileges and capital stock hereinbefore
set forth.
CRovATT AND MANGUM,