Clarksville weekly chronicle. (Clarksville, Tenn.) 1873-1890, 1873-03-15
IN CHANCERY AT GAINESVILLE.
STATE Of TEN n ESSEE, !
CLERK AND MASTERS OFFICE,
March 4 1874

STATE OF TENNESSEE
CLERK AND MASTERS OFFICE,
March 8, 1873.
WHERE'S, G. E. Cooke. W. T. McRey-
nolds, IL. Frech, L. Bloch, w. $. McRey-
Stewart, F. P. Gracey, W. T. Rollins, q. r.
Harris, Peter Oneal, j. Schroadt, A. How
ell, ]. w. Faxon, d. N. Kennedy, J. ]. Crus-
man, S. f. Beaumont, Ii. N. Doak, c. w.
Beaumont, and Joshua Cobb have filed q
petition in the Chancery Court at Clarks-
Vile, praying that letters of Incorporation
may issue to accompany to be styled, 1.-THE
Company" the object and purpose of said
Company, the aiding and assisting such
manufacturing enterprises as now exist in
the City of GAINESVILLE, or which may be
hereafter established in said City, with the
following powers, privileges and rights:
To make contracts, to sue and be sued.
under their corporate name. To hold real
and personal estate, to an amount suffici-
ent for the purpose and object of their bus
mess. To borrow money and secure the
same by mortgage or otherwise, to lend
money upon such security as may be
deemed sufficient for the purpose of aid
ing manufacturing established in Clarks-
vile; to engage in the manufacture of
wagons, carriages, buggies, furniture of
all kinds and character. agricultural i'm
plements and tools of all kinds, window
blinds, sash, doors, flooring, &c. To en-
gage in the business of saving or planning
lumber, or the manufacture of iron or
leather, or any kind of articles from the
same.
TO have n capital stock not exceeding
500 900 % divided intofshares of $500 0G each
The stock TO be paid in monthly INSTALL
ments of S5 90 upon the share, but no in
stallment to become due until 100 shares
have been subscribed. The company not
to be organized until 100 shares are SUBJ
scribed and ten days publication given of
a meeting CT the stockholders. To have
seven Directors, five of whom shall be a
quorum, to be elected by a majority of
votes cast at election. and to hold Office for
one year or until their successors are duly
elected and qualified. AT elections each
share to be entitled to one vote. The Board
of Directors to elect a President. Secretary
and Treasurer out of their own number.
The Directors to be the managing board of
the company, with power to invest the
money OF the company in such manner as
will best and most probably carry out the
purposes of the company. A meeting of
the stockholders to be held every six
months, at which full reports shall be made
by the directors.
To adopt such Bylaws as they deem nee
essary, not inconsistent with this charter
or the laws of the land. All the powers set
out in the Code from Sec. l40l to l4i6. and
from Sec. 1452 to 1896. The salary of the
President. Secretary and Treasurer TO be
fixed al the first meeting of stockholders,
or at any regular meeting.
That Board of Directors shall give pref
erence, all other things being equal, to the
stockholders, in making contracts and CIV
ing employmentor in purchasing material.
To be and continue corporation, with
all necessary powers for ninety-nine years.
Now, therefore, I, Polk G, Johnson, Clerk
and Master of our said court, do hereby
give notice to all persons to appear at the
next term of the Chancery Court,
within the first three days of said
term, to be holden at the Court House, in
GAINESVILLE. on the 4th Monday of April,
1878, and show cause, if they have any,
why letters of Incorporation should not
issue to said Company as prayed for, or this
cause will be proceeded with, ex-parte.
1t is ordered that copy of this order be
published in the GAINESVILLE Chronicle for
thirty days.
POLK G. JOHNSON, C. & NJ.
BAILEY d LURTON, Sol, for compl't.
March 3, lS73-4t pr. fee SIS.