The Dawson news. (Dawson, Ga.) 1889-current, 1919-02-04
PETITION FOR CHARTER

Georgia, Terrell County.-To the
superior court of said city: The pc
tition of W. X. McLain, R. R. Jones,
j. w. Kennedy, K. S. Worthy and T.
D. Wall, all of said state and county,
respectfully shows:
l. That they desire for themselves,
their associates and successors to be
incorporated and make a body polite
under the name and style of Dawson
Loan and Investment Company for
the period of twenty years.
2. The principal office of said COM
pany shall be in the city of Dawson,
state and county aforesaid, but pc
titioners desire the right to establish
branch offices within this state or
elsewhere, whenever the holders of
a majority of the stock may so de-
termine.
8. The object of said corporation
is pecuniary gain to itself and share
holders.
4. The business to be carried on
by said corporation is the buying and
selling and dealing in all kinds of
commercial paper, including notes,
mortgages, security deeds, stocks and
bonds, and chooses in action; the buy
ing and selling and owning real es-
tate and personal property of every
kind and description; the loaning of
money and the hypothecation of all
kinds of securities, and to do such
other things as would necessarily
come within the purview of said bus
mess.
5. The capital stock of said cor
/ poration shall be Ten Thousand Dol
lars, with the privilege of increasing
the same to the sum Of twenty-five
Thousand Dollars, by a majority
vote of the stockholders, said stock
to be divided into shares of Ten Dol.
lars each Ten per cent. of the
amount of capital to be employed
has been actually paid in.
| 6. Petitioners desire the right tc
sue and be sued, to plead and be i'm.
pleaded, to have and use common
seal, to make all necessary bylaws
and regulations and to do all other
things that may be necessary for the
successful carrying on of said bus.
mess.
7. They desire for said corpora.
ton the power and authority to ap-
ply for and accept amendments tc
its charter of either form or sub.
stance by vote of a majority of its
stock outstanding at the time. They
also ask authority for said incorpora-
! ton to wind up its affairs, liquidate
and discontinue its business at any
time it may determine to do so by a
vote of two-thirds of its stock out
standing at the time.
8. They desire for said incorpora-
ton the right of renewal when. as
provided by the laws of Georgia. and
that it have all such other rights,
powers, privileges and immunities as
are incident to like interpretations or
permissible under the laws of Geor-
gia.
WHEREFORE, petitioners pray to
be incorporated under the name and
style aforesaid, with the powers,
privileges and immunities herein set
forth, and as are now, or NAV here
after be. allowed a corporation of
similar character under the laws Of
Georgia.
R. R. JONES, Atty. for Petitioners.
Georgia, Terrell County,, W. S.
Dozier, clerk of the superior court
of said county, do hereby certify
that the foregoing is true and cor
rect copy of the application for char
ter of Dawson Loan & Investment
Company, as the same appears on
file in this office. Witness my off
cial signature and the seal of said
court, this the 25th day of January,
1919. w. s. DOZIER,
Clerk, S. C. Terrell County, Ga.