Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1917-08-09
Application fer Charter.

ty:
The petition of Il D. Terrell and c.
| D. Terrell, Of Crisp county, Ga; J B.
Terrell, Of Newton county, Ca; John
W. Zuber, Of DeKalb county Ga, and
F A. Quillian, of Fulton county, Ga,
respectfully shows:
LIST. Your petitioners desire for
themselves, their associates and sue
cessors, to be incorporated and made
body corporate under the laws Of
Georgia for a 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
operation shall be Fifty Thousand $50,
I00000) Dollars, divided into five hun
dred shares, of the par value of One
Hundred ($1O0OO 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
Istock then outstanding to any amount
not exceeding Two Hundred Thousand
($200,0 0000) Dollars; said increased
capital stock to be in common stock, or
preferred stock in such amount, and
| In such proportion as may be deter
mined by a majority vote of the capital
tcommon 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
ized, 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
Bird 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 1890 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 a
fair market value to be determined by
the subscribers to said capital stock
5th, The object and purposes Of
said corporation are pecuniary gain to
tie stockholders, and the business to
be engaged in by it is manufacturing
business. Your petitioners desire for
Isaid 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 its 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
;r>~rot-a o-,1 coll +Io ANNA +o J,,,vy ~, Il
erect machinery. mills plants, houses,
! and also to sell the same, to buy anl
sell timber, lumber, saw and dry the
e same, to grow, buy and sell peanutA
and their products, and other articles
and things necessary to carry on the
t business of said corporation, or profit
= able to said business.
t 9Th, Petitioners desire for said
corporation the right to issue bonds,
3 borrow money, and secure the payment
by mortgages or trust deeds on any
property that it may own. The right
t. subscribe for stock in other corpo-
rations, when not contrary to law and
hold or vote the same. The right to
make, endorse and issue promissory
notes, drafts or bills Of acceptance or
ether negotiable instruments or evil
dence of Indebtedness and also the
ri:ht to loan money, the right to sue
= and be sued, and make bylaws for the
g government of sai3 corporation.
18th. The principal Office and place
D Of business of said corporation shall
be at Flintside. in Sumter county, Ca,
but petitioners desire the right for
, said corporation TO establish branch
D offices in any other place in the state
O. Georgia, TIE United States, or for
s eign countries
: Sth. That the said corporation shall
i, have the right at any time by ma
| jCrity vote of the stockholders at any
regular or called meeting to sell any