The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-08-27
PETITIONS FOR INCoRPoaATToV


GTATE OF GEORGIA, CHATHAM COUNTY
~ To the Honorable the Superior Court of said
county: The petition Of c. NJ. GILBERT, II.
I. MOORE, J. w. McALPIN, C. S. RICHMOND.
J. A. w. WEGEFARTH, r. Il. JONES, C. A.
COX, HENRY McALPIN, Of tho state OF
Georgia city of Savannah. shows that they de-
SIRE for themselves and such other persons as
may hereafter become assOciat. with them
and the r successors. corporate privileges under
the name and style of THE YOUNG MEMS
HOME AND INVESTMENT COMPANY" to
be made and constituted @ body corporate,
The object Of said association or corporation
is the pecuDiary profit and convenience of it's
stockholders, and the business they propose to-
conducu and carry on is as follows:
1st. To own and deal in any real and per-
50 nal estate; TO improve real estate by erecting
dwellings aud buildings of any kind whatsoever
or placing machinery thereon, or any other
appliance that will tend to Increase the value of
the same. To carry ont contracts and oblgas
tions for the building, constructing and repair
ing of al kinds Of houses, st res, shops and
other buildings. 2. To lend or borrow, buy, sell,
lease, rent, grant, mortgage cucumber, im-
prove and otherwise hold and deal in real and
personal property. notes, liens, Judgments,
mortgages chores in action. domestic and forl
eign bills of exchange, timber, naval stores,
lumber bonds and stocks. securities, shares and
obligations Of other companies. now or hero
after to be formed under the laws of any state
or territory Of the United States of Amer ca.
3. For the building, constructing, equipping,
improving and managing of roads, tramways,
factories, bridges, docks, wharves and wares
houses; to advance money ~ bills of laG1ng and
goods stored in warehouses; to do a general
brokerage and commission business, and to
negotiate loars for hers T. Tie corporation, In
order TO facilitate buSine s. desire in addition to-
the powers already asked for, the power of es-
tablishiug branch offices In this and other states.
and to do and perform all acts for the further.
auce, maintenance and management OF said
business set forth in the preceding clauses, and
TO issue common and preferred stock. borrow
money and to secure the payment of the same
by collateral deed, mortgage, personal security
or Otherwise and to issue notes and other obli-
cations and to make all necessary contracts for
carrying on its business; TO make bylaws neces-
sary or proper for its government; to sue1Snd be-
sued and to have and exercise all Of the rights,
powers and privileges conferred upon corpora
tions by the laws OF Georgia. 8. The principal
place Of doing business will be Chatham county,
Georgia. q. The amount of capital to be emA
ployed by petitioners actually paid in will be
ONE HUNDRED THOUSAND DOLLARS. dil
vided into one thousand shares of one hundred
dollars each the stockhol iers 10 lie liable
for no more than the amount of theiH
unpaid subscriptions for stock Wherefors
your petitioners pray that they may be incor.
porated for the purposes and under the name
aforesaid for the term OF twenty years, with the
privilege of renewal at the expiration of said
time, with all the rights and powers ABOVE mem
toned. And ourpetitioners win ever pray etc,
HENRY MCALPIN,
Petitioners Attorney.
Petition for incorporation filed In Office and
recorded this 9th day of August, A. d. 1890
JAMES X. T. CARR,
Clerk y q C. g. Ga