The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-05-09
BY laRoChe & Mclaughlin.
On WEDNESDAY, 14th, 1890. on the premises
corner Fourth and Whitaker streets,
PETITIONS FOR INCORPORATION


CTATE OF GEORGIA, CHATHAM CouNrY.--
- To the honorable Superior Court Of said
county; The petition of r. D. GUERARD, Q. 8.
ELLIS JOHN g. ROWLAND. MALCOLM
NELL, w. b. sTILLwELI. II. +. TRAIN.
LESTER HuBBELl. q. =. WHATLEY, WIN.
ROGERS GEO. w. TIEDEMAN, ALBERT
J. +. TIETJEN, JOHN j. CAROLAN, w. ID.
KRENSON, II. NJ. SELI0, ROBT 7. BURDEIL
and WIN. FALCONER of the State of Georgia,
city OF Savannah, shows that they desire for
themselves and such other persons as may
hereafter become associated with them, and
their successors, corporate privileges under the
name and style Of THE GEORGIA sTATn
SAVANNAH, to be made and constituted q
body corporate. The object OF said association
or corporation is the pecuniary profit and con-
yenience of the members, and the business they
propose TO conduct is that of building and loan
ASSOCIATION, the accumulation of q fund which
shall be paid In monthly installmenta by the
stockholders, lending the same on real estate,
personal property or other security to the men,
bers Of said association or other persons, taxing
deeds, mortgages, executions or other liens
Therefore TO sell or dispose of all such securities
or any part thereof; to issue certificates OF
stock to its members; TO make, issue and sell
bonds or other obligations, based on security OF
property held by the association; to buy, sell,
own and deal in any real and personal estate; 70
improve real estate by erecting dwellings, build
ings OF any kind whatsoever, or placing ma
chinery or any other appliance that will tend to
upon such terms as will be to the best interest
of the association, and to do such other things
as may be necessary and lawful In the prosecu-
tion OF said business. The principal office and
residence OF said association shall be In Savan-
nah, Chatham county, Georgia, where ma
jority of the Board of Directors shall reside;
but petitioners desire the privilege of transact
Ing business anywhere within the State of
Georgia, or In any other state II IL Is TO their
interest to do so. They desire to establish
branch offices wherever they think proper. ap-
point local boards, attorneys, agents and repre-
sentatives as occasion and business may require
20 carry on the business of said association,
and TO confer authority upon them for that pur-
pose: The capital OF said association shall be
five hundred (6UOl shares of the par value Of
one hundred dollars $500 per share but petit
tioners pray the privilege of increasing said
capital stock to fifty thousand 100000 shares.
Petitioners pray for the privilege of making such
bylaws, rules and regulations for the govern
ment Of said corporation, and to enforce the
same by such fines, forfeitures and penal.
ties, not in conflict with the laws OF Georgia.
and which may be necessary and proper,
Petitioners further pray that they be allowed
TO borrow money on real estate or personal
property, and to execute such mortgages. deeds
and transfers thereof as may be necessary; to
have and use common seal, to sue and be
sued, to plead and be implicated, TO contract
and be contracted with and TO have snch other
powers and do such other acts and things as are
usual and proper in order TO carry out the In.
tention and purpose OF said association.
Your petitioners pray that they, their asso-
GATES ana Successors may De Incorporated under
the said name, THE GEORGIA STATE BUILD
ING AND LOAN ASSOCIATION OF SAVAN-
NAH for term OF twenty 900 years, with priv
ilege of renewal at the expiration of said term.
And your petitioners VIII ever pray. etc.
g. b. WHATLEY,
Petitioners Attorney.
Filed in Office this April nth. 1890.
CLERKS OFFICE,
CHATHAM SUPERIOR COURT,
The above and foregoing is a true and correct
copy OF the original on file In this office this
April IL, 1890.
JAMES K. p CARR,
Clerk s. O. G. O.