O.C.G.A.

O.C.G.A. § 52-4-1 (2019)

Filing of petition for incorporation; contents of petition; filing fee

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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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.

WATERS OF STATE, PORTS & WATERCRAFT

History

Ga. L. 1893, p. 81, § 1; Civil Code 1895, § 1986; Civil Code 1910, § 2367; Code 1933, § 17-101.

Annotations

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.

RESEARCH REFERENCES C.J.S. - 12A C.J.S., Canals, § 4.

Am. Jur. 2d. - 13 Am. Jur. 2d, Canals, §§ 4, 12. 18A Am. Jur. 2d, Corporations, § 156 et seq.