To all to whom these presents may come — Greetings:
Whereas, In pursuance of an Act of the General Assembly of the State of Georgia, approved December 17, 1892, _______________ and _______________ (naming the persons who sign the petition) having filed in the office of the Secretary of State a certain petition seeking the formation of a corporation to be known as (here insert name), with a capital stock of $ _______________ , for the purpose of constructing, equipping, maintaining, and operating a railroad from _______________ to _______________ , and having complied with the statutes in such cases made and provided; therefore, the State of Georgia hereby grants unto the above-named persons, their successors and assigns, full authority, by and under the said name of _______________ , to exercise the powers and privileges of a corporation for the purposes above stated, subject to the provisions of the Constitution of Georgia, and all the laws governing railroad companies of force at the date of this certificate, or that may hereafter become of force, either by constitutional or statute law, or by any rules and regulations of the Public Service Commission of this state, or otherwise, which govern and control the operation of railroads in this state.
In witness whereof, these presents have been signed by the Secretary of State, and to which is annexed the great seal of the state, at Atlanta, Georgia, this _______________ day of _______________ , _______________ .
History. Ga. L. 1892, p. 37, § 3; Civil Code 1895, §§ 2161, 2166; Ga. L. 1903, p. 34, § 1; Civil Code 1910, §§ 2579, 2584; Code 1933, § 94-103; Ga. L. 1984, p. 22, § 46; Ga. L. 1999, p. 81, § 46.
Structure Georgia Code
Title 46 - Public Utilities and Public Transportation
Chapter 8 - Railroad Companies
§ 46-8-45. Payment of Subscriptions; Procedure by Directors in Case of Default by Subscriber
§ 46-8-52. Exemption of Property of Stockholders From Debts or Liabilities of Corporation
§ 46-8-53. Procedure for Issuing Bonds or Increasing Capital Stock