Fitzgerald leader enterprise and press. (Fitzgerald, Ben Hill County, Ga.) 1921-1964, 1925-12-24
Application for Charter
GEORGIA,
BEN HILL COUNTY.

GEORGIA,
BEN HILL COUNTY.
To the Superior Court of said county
The petition of Henry A. Powell
J. Rufus Horton, B. o. Cook and c,
w. Powell, all of said State and
County, respectfully shows:
l. That they desire for themselves,
their agents and successors, to be in
corporated and made body polite
under the name and style. of Dixie
Trust and Realty Company, for pc
riod of twenty years.
l. That the principal office of said
Company shall be in the City of Fitz-
gerald, State and County aforesaid,
but petitioners desire the right to es-
tablish branch offices within the
State or elsewhere, whenever the
holders of majority of the stock
may so determine.
81, The business of said corporation
is 'pecuniary gain to itself and: its
shareholders. ,.
A. The principal business to be. car
ried+ on by said corporation shall be
a general investment business of. all
kinds; more especially. the, buying,
selling, owning, holding and leasing
of real estate, for itself Or as brokers'
for others, and the making or procur-
ing of loans on real estate Or, per-
sonal property, with the further right
to act as trustee, executor or admin
istrator. for estates, with the further
power to sub-divide and Improve
lands, contract for and buy building
material, contract for and build
houses, to sell or deal in stocks and
bonds Of all kinds either for itself
or as agent for others; with the fur
Their right to purchase, notes or chooses
in action secured by, real estate or
personal property, with the&authority
in. said corporation to make, endorse
or become security or guarantor by
endorsements thereon of commercial
paper; with the further right to bor-
row money and to execute notes or
other forms of indebtedness, and to
secure the same by mortgage, deeds
to secure a debt, endorsement or
otherwise, and to execute deeds, cam
collation., and other instruments; with
the further power to act as insurance
agent for fire, life or accident insur-
ance companies; with the further
power of writing security bonds, and
to do all acts necessary, incident to-,
or deemed advisable in the successful
prosecution of business.
5. The capital stock of said corpo-
ration shall be Ten Thousand ($10,-
O0O.OO) Dollars, with the privilege of
increasing same to any sum not ex-
ceeding One Million Dollars, upon the
majority vote of the stockholders en-
titled to vote, said stock to be di-
vided into shares of One Hundred
($100.OO) Dollars each.
6. Ten Per Cent (1O9o) of the
amount of capital stock to be en-
ployed by them has actually been
paid in.
z. Petitioners desire the right to
have the subscriptions to said capital
stock paid in money or property to be
taken at fair valuation.
8. Petitioners desire the right to
sue and be sued, to plead and be
implicated, to have and use a COM
mon seal, to elect officers, and to
make all necessary bylaws and regu-
lations, and to do all other things
that may be necessary for the sue
cessful carrying on of said business.
9. They desire for said corporation
the power and authority to apply for
and accept amendments to its char
ter, of either form or substance, by a