The Lee County journal. (Leesburg, Ga.) 1904-19??, 1918-03-01
Petition for Charter
GEORGIA, LEE COUNTY: i

GEt)RGIA, lsEE CUUNIY: !
10 the Superior CoIrt of said County.
The pettiop;of Il. L.. Math, g.. j.
Yeonlan and g.. g. Pruett, all OF the,
County OF Lee and State OF Georgia, re-
specially SHOW: -
|: That they desire for. themselves,
their associates and successors, to. be in
fcorporated and made body polite un.-
der the NAME and style ofMThe l.eesbufg
T Drug Company" foF4theperiod 81 twenty
years. = ~
- The pfinciparofiiee nd'place of
business of'said corporation shall be in
the City Of Leesburg, said County,. but
petitioners desire the right TO-, establish
branch Offices within this State or else,
where whenever the holders ofalnSjar.
Eity OF the stock may so determine. ]
3. The object OF said corporation is a
pccuniary gain 70 itself and it's share,
holders.
n A, Tie Business to be- carried on by
| sid corporation ishge "e al drug business
s.i)d general mercantie business such az
the buylngand selling ofdrugs,, druggist
sshndrles or each and every kind OF mel.
chalEdfseo r soda fountaccessoriesthe
5. The capital stock OF said Corpora
! ton shall be five thousand dollars $50,
900. OO) witll9the, privilege OF increasing
The same TO- the sum OF twenty five thou:
sand dollars t$2S, 600 0) by a majority
vote OF the stock outstanding, said stock
TO be diyidediht6 shares OF one hundred
dolIars($I0O.OO) each, Ten per cent OF TIN.
capita to be employed byFthenl las.beel.
ACTUALLY paid in. Petitioners desire th
fright to haveathe subscription to the said
capital stock paid in money or PROPERTY
GoRe taken at fair valuation. They fur
mler desire to issIe colni1on. or preferred
stock in. such preparedness the STOCK
holders may determine,
=. Petitioners desire the right to SUI
and, besued, to plead and. be implicated;
to pave and to use a common seal, to
make al by laws and regulations, ant,
to do all other things that may be neces-
safy to the carrying on said business,
including the right to buy and to- hole.
realty and personally Suitable to the
purposes of said CORPORATION, and TO ex-
tecute notds and bonds as evidence of any
indebtedness incurred, Tor which may be
incurred in the conduct of the affairs OF
4 the Corporation and to secure the same
BY mortgage, security deed, or Other
form OF lien, under existing laws.
Z. They desire for said Interpretation
the'power and authority to apply for and
accept amendments TO it's charter, OF
either form or substance by a vote OF
The majority of it's stock outstanding at
the time. They also ask for authority
or said incorporation to wind ub it's al
airs, liquidate and discontinue it's bust
ness at any timeit may determine to do
so by a vote of two thirds C,f the major
| ty Of its stock then outstanding.
| IS. They desire for the said incorpora
ton the right of renewal when as prOyi-
ded by tlielswsfef this State, and that it
have all such other rights, powers, priv
| liges and immunities as are incident TO
tire Incorporation or permissible under
the lawsof said State.
WHEREFORE, Petitioners pray to be
incorporated under the name Of and
style aforesaid With the powers, priyi-
Ieges and immunities herein set forth.
and as are now, or may.hereafter be al
lowed corporation ofsimilar character
under thelaws of Georgia.
ROBT. r. FORESTER,
Petitioners ATTORNEY.