The Leader, enterprise and press. (Fitzgerald, Ga.) 1915-1921, 1920-11-26
PETITION FOR CHARTER

STATE OF GEORGIA, County Of
Ben Hill.
To the Superior Court of Said County
This the petition of P. C. Collins
said State and County, and J. H. Dol
vim of Birmingham, Alabama, respect
fully shows unto the Court the fol
lowing facts:
l, That they desire for themselves,
their associates, successors and as
signs to be incorporated under the
name and style OF PELHAM LIME
COMPANY.
2. That the capital stock of said
corporation shall be Ten Thousand
($lO,O0O) with the privilege of in
creasing the same to the sum of One
Hundred Thousand ($100,000) do
lars by majority vote of the stock
holders, said stock to be divided into
shares of the par value 81 Twenty
Five ($25.00) each
3. That ten per cent of the CAPT
tai stock has been paid in.
That the principal office and
place of business of said corporation
shall be in the City of Fitzgerald,
County of Ben Hill, State of Geor-
gia, 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.
S. That the object OF said corpora
ton is pecuniary gain for it's stock
holders
E, That the primary and principal
business they desire to carry on is as
follows:
Dealing in Limestone lands, buy
ing and selling real estate. develop
ing limestone quarrics, manufacturing
lime and all by -pro'lucts; building
and locating storage houses, to act as
agents for other limestone compan-
les, and any and all other things nee
essary and incident 10 The carryirg
on of such business.
7. That in addition to the privileges
and powers usual to corporations in
general that the following powers
and privileges be granted to you pc
titioners:
(a) That they have the right to
buy or sell stocks, bonds securities,
debentures of other corporations and
to accept the same in exchange for
the stocks, bonds, securities, or prop
critics of any kind of the said proposed
corporation; and to accept the stock
OF said corporations at par value or
such other price as the board Of di-
rectorS of said proposed corporation
shall fix, not exceeding the true mag
ket value at such time in full or in
part payment for lands or other
properties purchased from said pro-
posed corporation by any of its
shareholders. ,
(b) To borrow money, to issue
bonds or other negotiable securities
and to secure the same by mortgage,
pledge, trust deed or otherwise and
to provide for the payment thereof
(c) To sell. lease, rent or otherwise
dispose Of anyAof it's property s,r the
whole thereof whenever in The opinion
ct a majority OF it's stockholders it
is for the best interest for the said
corporation; and, under like circum-
stances, to sell mortgage. lease or
hire its franchise or other properly
for the purpose of raising money.
Id To subscribe for, purchase. sell
otherwise acquire or dispose of the
shares, bonds. securities, debentures
or other obligations OF any corpora
ton or corporations now or hereaf-
ter organized under the laws of any
State or OF the United States, bonds
and securities of the United States and
foreign Countries.
8, That they, their associates, sue
et$sors and assigns may be incorpor-
ated for a full term of Twenty coy
years, with the privilege of renewal
at the end of said term and with the
privilege and powers usual or ihc;-
dent to corporations in general
9, That they desire for said Cor
poration the power and authority to
apply for and accept amendments to
its charter of either form or sub
stance by a majority of its stock
outstanding at the time.
10. That they desire for the said
corporation the right Of renewal
when and as provided by the lavAs OF
Georgia
H. That they desire the right to
sue and be sued, to plead and be inn
pleaded, to have and to use a COM
mon seal, to make all necessary by
laws and regulations and all other
things that may be necessary for TIL.