The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1921-11-09

open and establish in said State, or
elsewhere, branch offices or places
I.of business, when deemed advisable
i.by and SO determined by "a majority
of the stock holders.
1 8. The object of said corporation
lis pecuniary gain to itself and its
share or stock holders.
| 4. The business of said corporation
1 is to manufacture and sell, at whole
sale, insecticide, extracts, drugs, tot
let articles, 'Brack's White Wonder"
and all other similar products as may.
be manufactured and sold by corpora
tions of like character; and to carry
in stock for the purpose of sale all
articles of like character for the pur
pose of sale, by like corporation.
5. The capital stock OF said corpora
ton shall be twenty thousand dollars,
with the right and privilege of in
decreasing same to the sum of fifty thou
sand, by majority vote of the stock
holders, all stock to be common stock,
and divided into shares of twenty-five
dollars, each, ten per cent of the
capital stock to be employed by pc
titioners has been actually paid in.
/ 6. Petitioners desire the right to
have subscriptions to said capital
stock paid in either money or prop
erty to be taken at fair valuation.
z. Petitioners also desire the right
to issue preferred stock, in such
amounts as may be desired and de-
termined at any time by majority
| of the stock holders.
8. Petitioners desire the right to
sue and be sued, to plead and be i'm
pl eaded in its corporate name, to have
and use a common seal, to make all
| necessary bylaws, rules and regula-
tons, and do all other things that
| may be necessary for the successful
conduct and carrying on of the bust
ness of said corporation, and to exc
cute notes, bonds, and to secure the
| payment hereof by either mortgage,
deed to secure debt, or otherwise,
and which may be necessary and
proper under the laws of said State;
also the right to take any and all
notes, bonds, mortgages, deed to Sc
cure debt, payable to said corpora
ton as evidence of Indebtedness, due
| md payable thereto, to own, lease,
rent, purchase or otherwise have and
| control all real estate or personal
property, necessary or which may be
necessary, in a proper conduct, oper-
alton or prosecution of the business
of said corporation in its said bust
ness.
8. Petitiners also desire the right
for said corporation the power and
authority to apply for and accept
amendments to its said charter, in
either form or substance, when au-
thorized by a majority of its stock out
| standing at the time, also the right
and authority, for said corporation 20
Hauidate and wind up its affairs and
discontinue business, at any time it
may determine to do so by vote OF
| two-thirds of it's stock outstanding a.
that time. With the right of renewal
when and as provided by the laws of
said state, and that 1t have all such
other rights, powers, privileges and
lmmunities as are incident to like
corporations, or permissible under
the laws of Georgia.
WHEREFORE, petitioners pray to
be incorporated under Che name and
style aforesaid, with the powers, priv
ileges and immunities herein set out
and as are now. or may hereafter be,
allowed corporations of similar char
acter under the laws Of said state.
J. IT. POWELL,
Petitioners Attorney.
Filed I'm office. this the 18th day