The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-09-05
PErTrroNs FOR INTERPRETATIONS

PETITIONS fOH RECONSIDERATION
CTATE OF GEORGIA, CHATHAM CoUSTY.-To
- the Superior Court of said county: The
petition Of WM PRITcHETT, JOHN n, G. Pow
ANDER SESSIONS. B. F. BULLARD. W. B.
RICE GEORGE W. DEEM and J.. WARREN
CARTER of the State Of Georgia respectfully
First. That they desire for themselves. and
such other persons as may hereafter be asso-
ciated with them, TO be incorporated under the
corporate name and style OF
SAVANNAH NAVAL STORES COMPANY"
Second That the objects of their association,
and the particular business they propose 70
carry on. are as follows:
a. To farm, handle, manufacture, Oly. sell.
export import and generally deal IN. rosln. tur-
pentine, naval stores, grease, tar. pitch, MIN
eral animal and vegetable oils. and other
articles Rppurtenant to said business; TIMBER,
lumber. barrels slaves headings, casks, and all
other articles in that line; all kinds Of CONNER
cial fertilizers fertilizer materials and chemi-
Gals, and all articles used IN the handling and
manufacture thereof, and all articles OF per
sonal property. whatsoever, and to compound
ana refine oils.
90 To own, buy, sell, lease, rent. improve and
otherwise hold, use, and enjoy, on their own
account, or for the account of others, on com
mission or brokerage. real and personal prop
erty of every description.
81 To maintain, conduct and operate stores
and commissaries, turpentine stills, sawmills,
turpentine farms and factories of any kind,
and to carry on business in general merchan-
dise-wholesale lobbing, commission or retail
in the buying, selling and handling of groceries,
provisions, tobaccoS, Or other articles, produc is
or commodities OF whatsoever character or de-
scription, in the state of Georgia or elsewhere.
a. To do q general warehouse, storage, fac
forage and forwarding business; t. receive
goods and other property on storage, and to
advance upon articles held or stored sums OF
money; to lend money on notes. bills, bonds,
deeds, mortgages, collateral security, or other
chooses in action. with or without real or per
sonal security, or to negotiate such loans for
others upon such terms as may be agreed uoon.
% To own, subscribe for. purchase, receive,
hold, sell or dispose Of the stock, shares secu-
rifles or obligations of other corporations, now
or hereafter to be formed under the laws of
Georgia, or of the United States of America, or
OF any state or territory therein.
Co. To plant, farm and cultivate lands and
deal in any and all sorts of farm products.
~ To purchase, originate, patent, register,
own, manage and dispose of trade marks,
patents and copyrights, and to sell and assign
the same, or any part thereof, or to sell, or
dispose of any articles or products covered by
the same, or any rights growing out of the
same.
81 To operate, manage. control, hire, charter,
lease and deal in steam or sailing vessels,
lighters, dredges, engines, cars and other vehl-
cles used in the transportation of the articles or
products manufactured or owned by said COM
pany; railroads and tramways for the trans
portation of the articles or products OF said
company, by animal power, steam. electricity
or other power, and canals for the purposes of
transportation or drainage; said CORPORATION,
however, not to use said tramways canals, rail-
roads or vessels. for the purpose of doing the
business of a common carrier
49, To own. use, hire. lease. maintain. run and
operate, docks, elevators, presses, machinery
OF all kinds, and wharveS, and to receive tolls
rates and profits therefrom.
Q0) And heneraly, to do and perform all
acts and things which may be necessary and
proper for the furtherance and maintenance of
its said business, in all of its said branches
above set out
Third, The principal Office and place for the
transaction of the business of said company will
be in Chatham county, Georgia, but said cor
poration will do business In the state of Georgia.
or elsewhere in the United States of America
Fourth, The amount of capital to be en-
ployed by said company, to be actually paid in,
will be the sum of ONE HUNDRED THOUSAND
100000 DOLLARS. and said capital stock will
be divided into shares of ONE THOUSAND
49,, 900 DOLLARS each, said capital stock to
be paid in as called tor by the Board of
Directors.
Fifth, In addition to the powers necessary
for the carrying out of the purposes above set
forth, petitioners ask that said company shall
be empowered as follows: To issue preferred
and common stock: TO increase said capital stock
from time to time, in the discretion of the
Board of Directors Of said company to any
amount not to exceed in all the sum of ONE
MILLION tS1, O0O,OO0) DOLLARS, to
be divided into shares of ONE
THOUSAND $1,000 DOLLARS each
as aforesaid, ana TO decrease SAID capital STOCK
from time to time similarly not below the sum
of one hundred thousand (Sl00,000) dollars; to
sell, mortgage, hire, pledge, sub-let or convey
the property of said corporation, or any part
thereof, at will, and to reinvest at pleasure; to
have agencies and employ and appoint agents
at such plac in the state of Georg a, or else
where, as may be requisite or neces sary for the
carrying on of said business and furthering the
ends of said corporation In the discretion of its
board OF directors; TO borrow money, and TO
secure the same by collaterals, personal secu-
rity, mortgage, deed, or otherwise and to issue
notes. debentures, bonds or othsr obligations
therefor; to make contracts of any kind what
soever for the furtherance of its business, in
Guiding contracts or agreements of copartner-
ship between said corporation and any other
corporation or individual in any of the lines OF
business of said corporation; to make bylaws
not inconsistent with 5he laws of the land, and
generally to have, enjoy and exercise the cor
porate powers and privileges incident to corpo-
rations under tie laws of Georgia.
Stocs holders who have paid their stock sub
scriptions in full to be nowise liable for the
debts Of said corporation. nor for any wrongs
committed byit.
Wherefore, Petitioners pray that they and
their associates may be Incorporated for the
purpose aforesaid under said corporate NAME
for the term of twenty (20l years, with privilege
of renewal at the expiration of said time, and
with all the powers aforesaid.
And your petitioners will ever pray ETC.
GARRARD & MELDRIM,
Attorneys for Petitioners.