The Lee County journal. (Leesburg, Ga.) 1904-19??, 1922-07-28
Petition for Charter.
GEoRGIA-Lee County.

COUNTY.
The petition OF w. $. Hancock and II,
l.. Turner, both Of said State and Coun-
ty respectfully shows;
/. That they desire for themselves
their associates and successors, to be in
corporated and made a body polite nm.
der the name and style Of "W. 5.
HANCOCK DRUG COMPANY, for
the period Of twenty gears.
2. The principal Office OF said Com
pany shall be in the City OF leesburg.
State and County aforesaid, but petition
ers desire the right to establish branch
offices within this State or elsewhere,
whenever the holders Of a mojority a
the stock may so determine.
3. The object Of said corporation is
pecuniary gain to itself and stockholders.
1. The business TO he carried on 10y
said corporation is TO carry on and
maintain general drug store, and asks
Tor the right 10 buy and sell all drugs,
toilet preparations OF all kinds, proprie-
tary preparations, cigars and tobaccos OF
all kinds, soft drinks, jewclry, seeds OF
all kinds, and in general to handle by
buying and selling any article OF mer-
chandisc generally handled in Drug
business.
5. The capital stock of said corporation
shall be TEN THOUSAND DOLLARS,
with the privilege OF increasing the same
to the sum Of FIFTY THOUSAND DOL
LARS. by majority vote OF the stock
holders said stock to be divided into
shares of ONE HUNDRED DOLLARS
each, and they desire to begin business
under said Charter when ten per cent
of the capital stock paid in.
6. Petitioners desire the right to have
the subscriptions to said capital stock
paid in money or property to be taken at
a fair valuation.
7. Petitioners desire the right to sue
and he sued, to plead and be implicated
to have and use 4 common seal, to
make all necessary bylaws and reguIa-
tions, and to do all other things that may
bc necessary for the successful carrying
on OF said business, includidg the right
to buy. hold and sell real estate and per
sonal property suitable to the purpose OF
The corporation, and to execute notes
and bonds as evidences OF indebtedness
incurred, or which may be incurred, in
the conduct OF the affairs of the corpora
ton and to secure the same 10y mortgage,
security deed, or other form OF lien,
under existing laws.
s. They desire for said incorporation,
the power and authority to apply for and
accept amendments to its charter of either
form or substance by IL majority vote OF
its stock outstanding at the time. They
also ask authority for said Incorporation
to wind up its affairs, liquidatc and dis.
continue business at any time it may
determine to do so 10y vote of two
thirds OF its stock outstanding at the
time,
9. They desire for the said incorpora-
ton the right OF renewal when and rs
provided by the laws OF Georgia, and
that it have all such other rights, powers,
privileges and immunities as are incident
to like corporate ons or permissible under
the laws of Georgia.
WHEREFORE, petitioners pray to be
incorporated under the name and style
aforesaid with the powers, privileges and
immmitics herein set forth, and rs are
now, or may hereafter be, allowed Il
corporation OF similar character under
the laws of Georgia.
+. l.. FORESTER,
Attorney for Petition ers.
Field in office this % day of July 1922.
JEWELL WALLACE,
Deputy Clerk Superior Court,
Lee County, Georgia.