The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1921-07-21
PETITION FOR CHARTER.

Georgia, Glynn County.
To the Superior Court of Glynn
County:
The PETITION of c.. Downing, F. D.
Aiken, Jos. w. Bennett, R L, Philips
and J. B. Abrams. all of Glynn County,
Georgia, respectfully shows:
1. That petitioners desire for them
selves, their associates, successors and
assigns, to be made a body corporate
and polite under the laws of Georgia,
under the name and style Of WIND
SOR PARK COMPANY for period of
twenty years, with the privilege of re-
newal as provided by law
2. That the principal Office and place
of business of said corporation shalli
be in the City of Brunswick, GlynnI
County, Georgia, with the right to es-i
tablish branch Offices and agencies;
elsewhere.
3. That the capital stock of said
corporation shall be Seven Thousand;
Dollars with the right to increase the,
same from time to time up to but not,
Exceeding One Hundred Fifty Thou!
sand Dollars by majority vote of the
stock issued and outstanding at the
time; all shares 20 be of the par val
ue of Fifty Dollars each. That the corr
poration may have the right after i'm
creasing its capital stock to reduce
the same from time to time by two
| thirds vote of the stock issued and out.
standing at the time to any amount or
amounts down to but not less than the
loriginal minimum authorized capital
stock of Seven Thousand Dollars, and
lin connection with such reduction that
THE corporation may acquire and hold
Jas treasury stock any part of the. stock
with the right TO cancel the same at IFS
discretion, and also with the right to
again increase such sock up to but not
Exceeding the maximum to be author.
lied as herein set out
| 4. That the object of said corporr
| alton is pecuniary gail to its stock
holders and that said corporation de-
g:res to have &c following rights,
powers and privileges; % purchaqe
own, improve and deal in lands and
ieal estate;s to con st~uat, own, lease
or operate hotels, clvos. restaurants.
soda fountains and fs's.l stores. to
| Purchase. own hold anu sell stocks
and bonds OF other Corporations. to
lend money aud take security there
for; to borrow money and secure the
payment of the same by deed, mort
gage or pledge of the assets o. pop
erty of the Corporation, with the right
t. endorse or guarantee the payment
of notes or bonds, or other evidences
of debt in which the Corporation may
have pecuniary interest; to sell
rent, lease, or otherwise dispose OF
any Of its property. real or persong;
{. That said corporation shalt have
The right to receive in payment for
it, capital stock, real or PERSONAL
property at reasonable and fair val
nation.
s That the officers of said corpor
ation shall be a president, VIC pres
ident, secretary and treasurer. and
such other officers as may be proyid- |
ed for in the bylaws, or otherwise
by the stockholders or directors. ard
with the right for one person to hold
two or more such Offices.
z. That said corporation, acting by |
its stockholders may make and adopt |
and change bylaws, rules and regnla.
lions for the government OF the cor
poration. with authority to the stock
holders To delegate such rights andt
power u the Board OF Directors.
s. THAT in addition TO the powers
above enumerateds said corporation
shall have the right to contract and
be contracted with, to sue and be
sued. to plead and be impleaded, 10
nave and To Use corporate seal. and /
also TO have such rights. and powers
and privileges as are granted 10 and
vested IN similar corporations under
the laws of said state.
2. HfgA said corporation desEFcs the
rights sQxaiQuidate its business. and
to sell sHu dispose of its properly and
assets forsthat purpose and % be dis
solved asFa corporation at any time
prior 10 the expiration Of its charter
by vote OF twothirds Of its capital
stock issued and outstanding at the
time action may be taken thereon.
BENNETT. TwITTY & REESE.
Petitioners Attorneys.
TS.I5.esa %.
gSignedl