The Leader, enterprise and press. (Fitzgerald, Ga.) 1915-1921, 1920-12-17
PETITION FOR CHARTER
STATE OF GEORGIA County q
Ben Hill.

10 tne 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.
Z. That the capital stock of said
corporation shall be Ten Thousand
(Sl0,OO0) with the privilege of in
creasing the same to the sum Of One
Hundred Thousand ($1OO,OOO) dol
lars by majority vote of the stock
holders, said stock to be divided into
shares of the par value ct Twenty
Five ($25.00) each.
g. That ten per cent of che capi-
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 a majority of the stock
may SO determine.
5. That the object OF said corpora
ton is pecuniary gain for it's stock
holders.
y 6. That the primary and principal
business they desire to carry OH is as
follows:
Dealing in Limestone lands, buy
ing and selling real estate develop
ing limestone quarries, manufacturing
lime and all by.p"olucts; building
and locating storage houses, to act az
agents for other limestone compan,
les, and any and aneother things nee
essary and incident TO the carrying
on OF such business.
7. That in addition to the privilege;
and powers usual to corporations ir
general that the following powers
and privileges be granted to you pc.
titioners:
(a) That they have the right te
buy or sell stocks, bonds securities
debentures of other corporations and
to accept the same in exchange fol
the stocks, bonds, securities, or prop
critics of any kind of the said proposed
corporation; and to accept the stocl
of said corporations at par value OF
such other price as the board of di
rectors of said proposed corporation
shall fix, not exceeding the true mar
Ket value at such time in full or il
part payment for lands Or othei
properties purchased from said pro
posed corporations by any of it
shareholders.
(b) To borrow money, to issue
bonds or other negotiable securitie:
and to secure the same by mortgage
pledge, trust deed or otherwise anC
to provide for the payment thereof.
(c) To sell, lease, rent or otherwise
dispose of any of it's property or thu
whole thereof whenever in the opinion
of majority OF it's stockholders i
is for the best interest for the sale
corporation; and, under like circum
stances, to sell mortgage, lease OF
hire its franchise or other propert,
for the purpose of raising money.
Id To subscribe for, purchase, sci
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 am
State or of the United States, bonds
and securities of the United States anC
foreign Countries.
8. That they, their associates, sue
cessors and assigns may be incorpor
ated for a full term of Twenty GO
years, with the privilege of renewa
at the end of said term and with thu
privilege and powers usual or inc;
dent to corporations in general.
9. That they desire for said cor
| poration the power and authority t.
apply for and accept amendments t.
its charter of either form or sub
stance by majority OF its stocl
outstanding at the time.
10. That they desire for the SAT-
CORPORATION the right of renewa
when and as provided by the laws @
Georgia.
II. That they desire the right t.
sue and be sued, to plead and be i'm
pleaded, to have and to use a com
mon seal, to make all necessary b.
| laws and regulations and all othe
things that may be necessary for tn
successful carrying on of the bust
ness proposed herein.
WHEREFORE, Petitioners pra
to be incorporated under the nam
and style aforesaid, with the power;
privileges and immunities hesein Sc
forth, and as are now, or may here
after be, allowed a corporation o
similar character. under the laws
Georgia.
Wall, Grantham & Kasscwitz.
Attorneys for Petitioners
cTATE OE GEORGIA