Any number of persons, not less than five, desiring to be incorporated as a company for the purpose of constructing, operating, and maintaining a canal, may file with the Secretary of State a petition setting out the names and domicile of the petitioners, that they desire to be incorporated as a canal company, the name under which they desire to be incorporated, the route as nearly as possible of the proposed canal, the headquarters of the corporation, the amount of the capital stock, and the number of shares into which divided and pay to the Secretary of State the fee provided for in Code Section 14-4-183.
History. Ga. L. 1893, p. 81, § 1; Civil Code 1895, § 1986; Civil Code 1910, § 2367; Code 1933, § 17-101.
Cross references.
Grant of corporate powers generally, Ga. Const. 1983, Art. III, Sec. VI, Para. V.
Fee for incorporation of canal company, § 14-4-183 .
Corporate powers to canal companies granted by Secretary of State, § 14-5-2 .
Structure Georgia Code
Title 52 - Waters of the State, Ports, and Watercraft
§ 52-4-1. Filing of Petition for Incorporation; Contents of Petition; Filing Fee
§ 52-4-2. Issuance of Certificate of Incorporation
§ 52-4-3. Maintenance by Secretary of State of Files and Books Regarding Canal Companies
§ 52-4-4. Time of Commencement of Corporate Existence; Duration of Corporate Existence
§ 52-4-7. Location of Principal Office
§ 52-4-8. Powers and Duties of Companies Generally
§ 52-4-9. Right of Corporation to Increase or Decrease Capital Stock
§ 52-4-11. Furnishing of Canal Water by Canal Companies; Charges for Use of Water
§ 52-4-12. Toll Rates for Use of Canals
§ 52-4-13. Encroachment of Canals Upon Public Roads; Construction and Maintenance of Bridges
§ 52-4-14. Mortgage, Sale, or Lease of Canal, Other Properties, Corporate Rights, and Franchises