§ 52-4-14. Mortgage, Sale, or Lease of Canal, Other Properties, Corporate Rights, and Franchises
Companies incorporated under this chapter may mortgage, sell, or lease their canal and other properties, corporate rights, and franchises to any person or corporation to obtain money to purchase, construct, or maintain their works and franchises. History. Ga. L. 1893, p. 81, § 9; Civil Code 1895, § 1995; Civil Code 1910, § 2376; Code […]
§ 52-4-15. Disagreements as to Compensation for Taking of Lands, Tenements, or Riparian Rights Pursuant to Chapter
When any person or corporation shall feel aggrieved or damaged by any appropriation to the use of the company of any of his or their lands, tenements, or riparian rights and cannot agree with the company as to the amount of damage, the amount shall be ascertained as provided in Title 22. History. Ga. L. […]
§ 52-4-16. Taxes Applicable to Canal Companies
The corporations named in this chapter shall be subject to state, county, and municipal taxation. History. Ga. L. 1893, p. 81, § 13; Civil Code 1895, § 1999; Civil Code 1910, § 2380; Code 1933, § 17-114.
§ 52-5-1. Granting of Corporate Powers and Privileges by Secretary of State
All corporate powers and privileges to navigation companies shall be issued and granted by the Secretary of State upon the terms, liabilities, and restrictions and subject to all the provisions of this chapter and the Constitution of Georgia. History. Ga. L. 1894, p. 71, § 1; Civil Code 1895, § 2147; Civil Code 1910, § […]
§ 52-4-2. Issuance of Certificate of Incorporation
When the petition for incorporation has been made and filed and the fee paid, as provided in Code Section 52-4-1, the Secretary of State shall issue to the petitioners a certificate as follows: “Georgia. To whom it may concern — Greetings: _______________ having filed their petition in the terms of the law, praying to be […]
§ 52-5-2. Filing of Petition for Incorporation; Contents of Petition; Attachment of Affidavit of Incorporators; Endorsement, Recordation, and Filing of Petitions by Secretary of State
Any five or more natural persons may act as incorporators of a corporation to be organized under this chapter by filing a petition in writing, addressed to the Secretary of State, in which shall be stated the names and residences of each of the persons desiring to form the corporation, the name of the navigation […]
§ 52-4-3. Maintenance by Secretary of State of Files and Books Regarding Canal Companies
The Secretary of State shall keep on file all petitions for incorporation and transcripts from minutes provided for in this chapter and shall also keep a book in which shall be entered by him the name of the company, date of incorporation, amount of capital stock, location of principal office, and any increase or decrease […]
§ 52-5-3. Issuance of Certificate of Incorporation Generally
When the petition shall have been filed with the Secretary of State, he shall issue to the company, under the great seal of the state, the following form of certificate: “To all to whom these presents may come — Greetings: Whereas, in pursuance of an Act of the General Assembly of Georgia, approved December 6, […]
§ 52-4-4. Time of Commencement of Corporate Existence; Duration of Corporate Existence
Upon the issuance of the certificate, the persons therein named, their associates, and their successors shall be and become a body corporate for the period provided for in Code Section 14-4-62. History. Ga. L. 1893, p. 81, § 2; Civil Code 1895, § 1988; Civil Code 1910, § 2369; Code 1933, § 17-104.
§ 52-5-4. Time of Commencement of Corporate Existence; Payment of Fee for Issuance of Certificate
When the Secretary of State issues a certificate of incorporation, the persons who signed the petition described in Code Section 52-5-2 and all persons who shall become stockholders in such company shall be a corporation by the name specified in the petition and certificate and shall possess the powers and privileges and be subject to […]