The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-04-01
PETITIONS FOR INCORPORATION

&TArEOF GEORGIA, CHATHAM COUNTY. To
- the Superior Court Of said county:
The petition Of JOHN K. GARNETT, J. b.
FLOYD, II. W. COWAN, r. 7. LOWELL, ii. j.
SUTCLIFFE, w. NJ. B0HAN, JOSEPH a.
LOGAN,J. Z. BROOKS an EMILE NEWMAN
of said state ana county respectfully shows:
First. That they desire to form themselves
and such other person as they may associate
hereafter with them into private corporation
qndsr the rporate name OF SOUTHERN
LAND AND INVESTMENT COMPANY.
Second. That the objects of their association
and the particular business they propose 10
carry on are as follows: To own. buy sell, lease,
rent giant, mortgage. lHcumbeF, improve and
otherwise hold and oeal in real estate and per
sonol property; 10 own, silbScribe for, purchase,
receive hold or dispose OF tho stock. securities,
shares and Obligations of other corporations,
now or hereafter to be formed under the laws
or Georgia, or of any state or territory IN the
United Stat s of America; to lend or borrow
money on note, bill, bond pc ige. deed, mort
gage or Other obligation or len. with or without
personal security, or TO negoli2te sueh loans for
others to enter into aGd carry ont contracts
and obligations for the fuiiGify, constructing,
equipplng, operating or managing OF roads,
tramwaYs, fac cries, warehouses, Bridges ana
buildings OF all kids, and ali other public
private work: to manufacture, sell md deal in
aOy and Az articles Of personal property; TO do
a general warcho use. storage commission and
Forwarding basiness, and generally todoall acts
and things necessary md proper il The judy
ment OF its boar OF directors Tor the further
ance and maintenance of the business OF said
corporation.
Third. The amount Of capital to be employed
By them, actually poid in, viii be the sum Of
eighteen thousand (St8 00G dollars, and its cap
ital stock shall be divided into shares Of fifty
$500 dollars each
Fourth. The principal place of doing bust
ness VIII be in Chatham county. Georgia. but
said corporation VIII 70 business in any or all
of the states and teri tcres of the said United
States, with its principal office in the city OF Sa-
vannah. in said Chatham county.
IL Nfre
sary to the carrying out OF those above set out
and mentioned, and TO the powers common to
all corporations under the laws OF this state,
petitioners desire the following special powers
To increase the said capital stock from time to
time, through its board OF directors, IN the
judgment OF said board to any sum not exceed
ing the sum of five hundred thousand $500 600
dollars aud to decrease said capital stock slm-
larly from time TO time. the discretion Of said
board of directors, to any sum not less, how
ever, than said first named sum, to-wit:
eighteen thousand CSl5000) dollars; 10 receive
in payment of said capital stock to be issued,
money, land or personal property. as may be
determined by its board OF directors, and to
provide, by action OF It's board, for stock sub
scriptions 10 be paid ia by instruments, called
for by the board; 10 make bylaws not iucon-
sistent with the laws Of the land; and generally
to have enjoy and exercise the corporate pow
ers and privileges incident to corporations under
the laws Of this state,
Stockholders who have paid their stock sub
scriptions in full TO he in no way liable for the
debts of the corporation, nor for any wrongs
committed by II.
Wherefore petitioners pray. that they and
their associates be Incorporated as aforesaid
for the term Of twenty (20) years, with the priv
iege of renewal at the end of that time, and
with all the powers Aforesaid.
And the petitioners viii ever pray, &c. &C
GARRARD e MELDkIM
Attorneys for Petitioners
Filed in office and recorded this 10th day Of
March, 1890
JAMES K. P. CARR,
Clerk S. G. G. c.