The Lee County journal. (Leesburg, Ga.) 1904-19??, 1918-02-15
Petition for Charter
GEORGIA, LEE COUNTY.

GEOKGIA, LEE COUNTY.
10 The Superior Court Of said County.
The petitlon OF r. l.. Heath, S. j.
1eoman and J Il. PruetJ, all OF tie
o0nJy 0! Lee and State OF Georgia, re
peetiul!y show:
J. That they desire for themselves,
tleir associates and successors, to be III
aJrporatcd ana made a body polite un
Ter the name and styleof The I4.esbur.
Drug Company Tor the period OF twenty
years.
Z. fhe principal office and place OF
business OF said corporation Shall be in
ne city OF Ieesburg, said Gounty, but
petitioners desire the right to establish
branch offices within this State or else
where, whenever the holders OF major
lty OF the stock may sodetermine.
3 The object OF said corporation is a
,peeuniary gain to itself and it's share.
holders.
T. The business to be carried on by
'ald corporation isag general drug business
and general mercantile business such az
yhe buyingand selling OF drugs, druggist
undries or each and every kind oil mer-
'handlseOr sodafomt accessoriestbereto
5. fie capital stock Oh said Corpora
ton shall be five thousand dollars (SA
100 o0) with the privilege OF increasing
the same to the sum OF twenty-five thou
stnd dollars ($25, 900 00) by Il majority
vote OF The stock out standing, said stock
TO be divided into shares of one hundred
lollars(SlOO.O0l each, Ten percent Of the
aplta to be employed by chem has been
actually paid in. Petitioners desire the
jght to have the subscription to the said
apital stock paid in money or property
70 be taken at fairy valuation. They fur
vner desire to Issue common orpreferred
stock IN such proportion as the stock
holders may determine.
g. Petitioners desire the right to sue
and be sued, to plead and be Implicated
| To have and to use common seal, to
make all by laws and regulations. and
70 do all other things that NAV be neces-
sary TO the carrying on said business.
ncluding the right to buy and to hold
realty and personally suitable To- the
purposes OF said corporation, and to ex,
cute notes and bonds as evidence Of any
Indebtedness incurred, or which may be
Incurred in the conduct OF the affairs of
he Corporation and to secure the same
~ mortgage, security deed, or other
orm OF lien, under existing laws.S
T. They desire for sad INCORPORATION,
| lie power and authority to apply for and
lccept amendments toit's charter Of
either form or substance by vote OF
The majority OF it's stock outstanding at
| he time They also ask Tor AUTHORITY
u said incorporation to wind up it's al
| trs, Iiquidate and discontinue rs busi
| Tess at amy time it may determine to do
50 by a vote OF two thirds of the major.
! u OF It's stock ttleA outetandinp
| s. They desire lor The SAID Incorpora
ton the right OF renewal when as provi-
ded by the laws of this State, and that if
nave all such other rights, powers. priv
| jiges and immunities as are incident IN
! the incorporation or permissible under
.he lswsof said State
WHEREFORE, Petitioners pray to be
incorporated under the name of and
tyle aforesaid with the powers. priv
eyes and immunities herein set forth.
md as are now, or may hereafter be all
owed a corporation of similar character
under thelaws OF Georgia.
ROBT r. FORESTER.
Petitioners A ttorpa,