2021 Georgia Code
Title 52 - Waters of the State, Ports, and Watercraft
Chapter 4 - Canal Companies
§ 52-4-1. Filing of Petition for Incorporation; Contents of Petition; Filing Fee
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.
(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.
RESEARCH REFERENCES
Am. Jur. 2d.
- 13 Am. Jur. 2d, Canals, §§ 4, 12. 18A Am. Jur. 2d, Corporations, § 156 et seq.
C.J.S.- 12A C.J.S., Canals, § 4.
