Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1921-06-17
AID NO 345.

To the Honorable S. G. MCLendon
Secretary Of State Of the State OF
Georgia
The petition of the Planters Bank
of Americus, banking corporation
Of this state having its place Of bust
ness in the City of Americas, Sumter
County Georgia, respectfully show
eth:
That petitioner was by the Act of
the General Assembly of this State
approved October 18th, 1891, grant
ed charter and made body polite
under the corporate name OF the
Planters Bank of Americas, for Pc
riod of thirty years from said date.
That by the terms of its charter
so ghnted the Capital Stock Of petit
toner was fixed at Fifty Thousand
Dollars, with the privilege Of in
creasing the same to One Hundred
and Fifty Thousand Dollars ($150.-
O0O.O0) upon the proper public mo-
ticc being given as provided in said
charter.
Petitioner shows that its charter
has. never been amended, nor it's CAPT
tai stock increased.
Petitioner shows that by the terms
of its original charter, the same will
expire on October 18th, 1921, and
that on May goth, 1921, at a meeting
Of the Board of Directors of petit
toner at which/a quorum was pres
ent, a call was issued for a stock
holders meeting on June 2nd, 1921
for the purpose of passing a resolu-
ton for the renewal of petitioners
charter as by law of this state pro
vided
Petitioner shows that at said meet
ing of the stockholders, notice o.
which had been given each of the
stockholders more than ten days be
fore the date specified at which said
meeting of the stockholders more
than two-thirds of the stock was rep
resented, a resolution was passed by
an unanimous vote that the charter
be renewed and that the privilege of
Increasing petitioners capital stock
BID limited to Three Hundred Thous-
and Dollars ($3OO,00OO0) instead of
One Hundred and Fifty Thousand
Dollars ($150,OOO.00) as provided by
petitioners present charter, in the
event such increase in the amount Of
petitioners capital stock should at
any time be desired That said res
olution also directed petitioner presi-
dent to take such steps as might be
necessary to obtain a renewal of pc
titioner's charter as provided by
law, a certified copy of which said
resolution is hereto attached.
Petitioner also desires the right of
allowing its board of directors to
elect its cashier from among said
board, should it so desire, and that
its present charter be so amended.
Now, therefore, IN accordance with
said resolution and the laws of this
state made and provided, comes the
Planters Bank of Americas. within
the time allowed by law and makes
this application for amendment and
renewal of its charter to the Honora-
BILE Secretary of State of the State
of Georgia, and prays that its origi-
nal charter be amended and renew
ed for a neriod of thirty years from
October 18th, 1921. with all of the
rights, privileges and immunities as
provided in its original charter. the
amendments of same herein prayed
and the laws of this stateflaady and
provided: and that the nee9fsarv GER
tihcates for publication OF this ueti-
ton and transmission to the State
Banking Department be issued
hereon. "A
In witness whereof, petitioner has
caused its corporate name to be here
to subscribed by its president