The Dawson news. (Dawson, Ga.) 1889-current, 1924-04-29
Petition for Charter.

GEORGIA, Terrell County.-To
the Superior Court OF Said County:
The petition of ]. S. Lowrey, A. ].
Hill, r. l.. Saville and R. n Daniel,
all of said state and county, respect
fully shows:
THAT they desire for themselves,
their associates and successors, to be
incorporated and made body polite
under the name and style Atlantic
Cotton Company" for the period of
twenty years.
2.-The principal office of said cor
poraton shall be in the city of Daw
son, state and county aforesaid, but
petitioners desire the right to estab-
lish branch offices within this state
or elsewhere, whenever the holders of
majority of the stock so determine.
3.-The object of said corporation
is pecuniary gain to itself and its
| shareholders.
4.-The business to be carried on
| by said corporation is general cot
ton business, buying and selling cot
ton for cash, for credit or for a COM
mission, and to do and perform any
and all other acts and things necessary
| and incident to a general cotton bust
ness.
5.-The capital stock OF said corpo-
ration shall be seven thousand five
hundred N($7, 100000 dollars, with the
privilege of increasing same to the
sum Of one hundred thousand $780,
! 100000 dollars by a majority vote OF
| the stockholders, said stock to be di-
vided into shares of one hundred
! ($10000) dollars each. Ten per cent
Of the amount Of capital to be en-
ployed by them has been actually paid
in.
6.-Petitioners desire the right to
sue and be sued to plead and be inn
pleaded to have and use common
seal, to make all necessary bylaws
and regulations, and to do all other
things necessary for the successful
carrying on OF said business, includ-
ing the right to buy, hold, and sell
real estate and personal property suit
able to the purpose of the corporation
and to- execute notes and bonds as evil
dence of indebtedness incurred, or
which may be incurred, in the con-
duct of the affairs of the corporation
and to secure the same by mortgage,
security deed or other form of lien,
under existing laws.
7.-They desire for said corporation
the power and authority to apply for
and accept amendments to its charter
of either form or substance by vote
| of a majority of its stock outstanding
at the time. They also ask authority
! for said corporation to wind up its al
fairs, lquidate and discontinue its bus
mess at any time it may determine
to do so by a vote of two-thirds OF its
stock outstanding at the time.
8.-They desire for the said corpo-
ration the right of renewal when and
as provided by laws of Georgia and
that it have all such other rights,
powers, privileges and immunities as
are incident to like corporations or
permissible under the laws of Georgia.
Wherefore, petitioners pray to be
incorporated under the name and style
aforesaid with the powers, privileges
and immunities herein set forth, and
as are now, or may hereafter be, al
lowed a corporation of similar charac-
ter under the laws of Georgia.
R r. MARLIN, Attorney for Pc
| titionerS.
Filed in office. this 5th day OF April,
1924. w S. DOZIER. Clerk Superior
Court
Georgia, Terrell County-Ohice of
Clerk OF Superior Court of Terrell
County,. w. S. Dozier, clerk of the
superior court of Terrell county, here
by certify that the foregoing is a true
and correct copy of the application for
charter. as the same appears of file in
this office. This 5th day OF April, 1924,
w. S. DOZIER, Clerk Superior
| Court. 4-S-4t