The Lee County journal. (Leesburg, Ga.) 1904-19??, 1918-02-22
Petition for Charter

GEORGIA, LEE 60. MY.
70 the Superior Court OF said County.
The petition OF K. L. Heath, S. j..
Woman and j q. Pruett, all OF the
County o. Lee and State of Georgia, re-
spectluiiy Slow
l. That they desire Tor themselves,
t1elr aasoeates aIa successors, to be in
t3rpoMta0 and made body polite un-
der the name and style oil The Leesburg
Dug Company" Tor the period OF twenty
years.
?. The principal office and place Of
business Of said corporation sEkH be in
the City Of Leesburg, said County, but
petitioners desire the right to establish
branch Offices within this State or else
where, whenever tie holders Of major
ity Of the stock may sodetermine.
b. The OBJECT Of said corporation is q
pecuniary gain to itself and it's share.
holders.
4. The business to be carried on by
said corporation is Il general drug business
and general mercantile business such as
Che buying and selling oil drugs, druggist
auadries or each and every kind oil men
ehandiseo or soda fount accessoriest thereto.
.. lie capital stock Oh said Corpora
Con shall be five thousand dollars (S5,
yJJ 90 with tine privilege OF increasing
dc same to the sum OF twenty -fyethou-
sand dollars $25, 900 0O) by majority
vote OF tile stock out standing, said stock
10 he dividedinto shares of one hundred
doliars( 100000 each, Ten per cent OF the
capita to be employed by them has beel
actually paid in. Petitioners desire tn
right to have the subscription to the sai..
capital stockpaid in money or property
TO be taken at fair valuation. They for
Cler desire to issIe common or preferrea
stock ia such pr portion as the stock
holders may determine.
u. Petitioners desire the right to sut
alAl be aued, to plead and be implicated
to nave and to use a common seal. f.,
make all by laws and regulations. am
10 do all other things that maybe neces
sary to the carrying on said business
including the right to buy and to hol
realty and personally suitable TO tb,
PURPOSES OF said corporation, and to ok
acute 6otes and bonds as evidence ofaD
Indebtedness incurred, or which may bc
incurred Iii the conduct of the affairs o
Inc Corporation and to secure the SAINT
by mortgage, security deed, or othet
form OF lien, under existing laws,
+ I. They desire for said incorporatio.
the power and authority to apply for An,
accept amendments to it's charter a
either form or substance by vote o
The majority OF it's stock outstanding y,
the time. They also ask for autborit,
or said incorporation to wind up it's al
airs, liquldaJe and discontinue IT'S busi
ness at amy Time it may determine to d,
so by a vote OF Two thirds Of the major
ty OF It's stock then outstanding.
:. They deslrefor the said incornor,,
ton the right of renewal when AZ proyi-
ded by the laws OF this State, and that il
lave all such other rights. powers. nriv
liges and immunties as are incident +,
the incorporation or permissible under
the lawso Of said State.
WHEREFORE, Petitioners pray to be
incorporated under the name OF and
style aforesaid with the powers, priv.
leses and immunities herein set forth
and as are now, or may hereafter be al
lowed q corporation OF similar characte,
under the laws Of Georaia.
ROBT. r. FORESTER,
Petitioners Attorney.