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 incorporated as a canal company, they and their associates and successors are hereby declared to be a body corporate for the period of 30 years, under the name of ______, with power to construct, maintain, and operate a canal in and through ______, with such powers, privileges, and liabilities as may now or hereafter be prescribed by law.
Witness my official hand and seal of state, this ______ day of ____________, ________."
(Ga. L. 1893, p. 81, § 1; Civil Code 1895, § 1987; Civil Code 1910, § 2368; Code 1933, § 17-102; Ga. L. 1999, p. 81, § 52.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 18 Am. Jur. 2d, Corporations, § 78 et seq. 18A Am. Jur. 2d, Corporations, §§ 171, 173.
C.J.S.- 18 C.J.S., Corporations, § 47 et seq.