The Marietta journal. (Marietta, Ga.) 1918-1944, 1920-05-28
PETITION FOR CHARTER


To the Superior Court of said
County:
The petition of Loring Raoul, of
Cobb county, G.. L. Turner, of
Floyd county, and c. w. Grower,
of Cherokee county, all Of said
State, respectfully shows:
G) That they desire for them
selves, their associates and success
sors, to be incorporated and made
a body polite under the name and
style of "THE MARIETTA
GRANITE COMPANY" for the
period of twenty years, with the
privilege of renewal at the expi-
ration of said period as provided
by law upon the affirmative vote
of majority Of the stockholders
of said corporation.
(2) The principal Office and
place of business of said corpora
ton shall be in the City of Mari
eta, State and County aforesaid,
but petitioners desire the right to
establish branch Offices within this
State, or elsewhere, whenever the
holders of majority of the stock
may so determine.
(3) The object of said corpo-
ration is pecuniary gain to itself
and its shareholders.
az The business to be carried
on by said corporation is that of
quarrying, buying, selling, manu-
featuring and dealing in marble,
granite, and all kinds of building
and monumental stones in all
their forms and uses. Petitioners
desire the right to own or lease
granite, marble and stone quar-
ries; to open up and work the
same; to quarry, purchase, or
manufacture granite, marble, and
all other varieties of building and
monumental stones
(5) The capital stock of said
corporation shall be Fifty Thous,
and ($50,000.00) dollars, with the
privilege of increasing the same to
the sum of Two Hundred Fifty
Thousand ($25O,0OO.OO) dollars
by majority vote of it's stock
holders; said stock to be divided
into shares of ONE HUNDRED
($1OO.0O DOLLARS each. Ten
Per Cent of the amount Of the
capital stock to be employed by
them has been actually paid in.
(6) Petitioners desire the right
to have the subscriptions to said
capital stock paid in money or
property to be taken at fair val
uatiOn..
Cd Petitioners desire the right
to sue and be sued, to plead and
be implicated, to have and use a
common seal, to make all neces-
sary bylaws, rules and regula-
tions, and to do all other things
that may be necessary for the sue
cessful carrying on and operation
of said business, including the
right to buy, hold, own and sell
real estate and personal property
suitable to the purposes of the
business of said corporation, and
to execute notes and bonds as
evidence of Indebtedness incurred
and to secure the same by mort
gage, security-deeds, or other
forms of liens not inconsistent
with existing laws; they desire
the right to buy, own, and sell
stock in other corporations.
(9) Petitioners desire for said
corporation the power and author
ity to apply for and accept amend
ments to its charter of either form
or substance by vote of a ma
jority of its stock outstanding at
the time. They also ask authority
for said corporation to wind up
its affairs, liquidate and discontin-
lie its business at any time it may
determine to do so by vote of
two-thirds of its stock outstand-
ing at the time.
CD They desire for the said cor
poration the right of renewal as
provided by the laws of Georgia.
and that it have all such other
rights, powers, privileges and i'm
munities as are incidental to like
corporations or permissible under
the laws of Georgia.
WHEREFORE, petitioners
pray to be incorporated under the
name and style aforesaid with the
powers, privilege and immunities
herein set forth. and as are now