Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1918-02-13
Application for Charter.
GEORGIA. sumter County.

To the Superior Court of said Coun-
ty:
The petition Of Morgan H. Grace,
and John H. Eden, of Great Neck, New
York, and w. It. Calhoun, of the coun-
ty of Sumter and State of Georgia,
respectfully shows:
l. That they desire for themselves,
their associates and successors, to be
incorporated and made a body polite
under the name and style of "Arles
Plantation Company" for period of
twenty years, with the privilege OF
renewing as provided by the laws Of
the. state of Georgia.
2. That the principal Office of said
company shall be in Americas. in said
state and county, but petitioners de-
sire the right to establish branch Of
fees within the state or elsewhere,
whenever the holders Of a majority Of
the stock may so determine
8. The object of said corporation
is pecuniary gain to itself and its
shareholders.
4. The business to be carried on
by said corporation is to buy, own.
hold, sell and convey farm lands and
other real estate; to engage in and
operate general farm and agricultural
enterprises, including the growing of
crops thereon, and buying and selling
live stock of all kinds, to manufacture,
buy and sell cotton, cotton seed and
peanuts, and to manufacture oils from
the cotton seed and peanuts, and from
other oil producing products, and to
refine and sell the same; to buy and
sell live stock; to own and operate
creamery, to manufacture and sell
ice, and to operate a cold storage
plant; to buy and sell merchandise
and to do and perform all other acts
and things incident and necessary to
the proper and successful conduct of
the enterprises herein mentioned for
commercial purposes, as well as for
its own use.
8. The capital stock of said corpora
ton shall be one hundred and fifty
thousand dollars, with the privilege
OF increasing the same TO the sum
o. three hundred thousand dollars, by
a majority vote Of the stock holders,
said stock to be divided into shares
Of one hundred ($10000) dollars each,
and ten per cent of the amount of said
cal ital stock to be employed by pc
titioners has been actually paid in.
6. Petitioners desire the right to
sue and to be sued, to plead and to
be implicated, and have and use a
common seal, and to make all neces-
sary bylaws and regulations, and to
do all such other things that may
be necessary for the successful carry
ing on of said business, including the
right to buy, own hold, and sell and
convey real estate and personal prop
erty suitable to all Of the purposes of
the corporation, and to borrow money
and to execute notes and bonds as evil
dence Of Indebtedness incurred or
which may be incurred in the conduct
Of the affairs Of the corporation, to Sc
cure the same by mortgage, deed to
secure debt, or other form Of lien I'M
der existing laws.
Z. Petitioners also ask for au-
thority for said corporation to wind
up its affairs, liquidate and discon-
tinue its business at any time it may
determine to do so By vote of two
thirds Of its stock outstanding at the
time
8. They desire the right Of renewal
when. and as provided by the laws
Of The state Of Georgia, and that said
corporation have all ana such other