The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-03-18
CTATE OF GEORGIA, CHATHAM COUNTY. T,
- the Superior Court of said county:

g TATE OF GEORGIA, CHATHAM COUNTY. To
~ the Superior Court of said county:
The petition of JOHN X. GARNETr, ]. D.
Floyd, II. w, COWAN, r. 2. LOWELL, II. J..
LOGAN, j. Il. BROOKS an EMILE NEWM
of said state and county respectfully shows:
First. That they desire to form themselves
and such other persons as they may associate
hereafter with them into private corporation
under the rporate name of SOUTHERN
LAND AND INVESTMENT COMPANY.
Second. That the objects of their association
and the particular business they propose TO
carry on are as follows To own. buy, sell, lease,
rent, grant, mortgage, lncumber, improve and
otherwise hold and deal in real estate and per
sonal property; to own, subscribe for. purchase,
receive, hold or dispose OF the stock, securities
shares and obligations OF other corporations,
now or hereafter to he formed, under the laws
OF Georgia, or Of any state or territory In the
United Stat OF America; TO lend or borrow
money on note, bill, boud pie 1ge, deed, mort.
gage or o her obligation or lien. with or without
personal security, or to negotiate such loans for
others; to enter into and carry out contracts
and obligations for the building, constructing,
equpplnR operating or managing OF roads,
tramways, factories, warehouses, bridges and
buildings of all kilds, and all other public or
private work; to manufacture, sell and deal in
any aud all articles OF personal property; to do
general warehouse, storage commission and
forwarding basiness and generally to do all acts
and things necessary and proper in the judy
ment of its board Of directors for the further.
ance and maintenance of the business of said
corporation. .iq
Third The amount Of capital to be employed
by them, actually paid in, will DO the sum OF
eighteen thousand $4,000 dollars, aud its cap
ital stock shall be divided into shares of flfty
$500 dollars each.
Fourth. The principal place of doing bust
ness will be in Chatham county, Georgia. but
said corporation VIII do business in any or all
OF the states and territories OF the said United
States, with its principal Office in the city OF Sa-
vannah. in said Chatham county.
Fifth In addition to all of the powers neces-
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 It's board of directors, in the
Judgment OF said board. to any sum not exceed
ing the sum of five hundred thousand $500, COO
dollars, and to decrease said capital stock SINH
larly from time TO time. in the discretion Of said
board Of directors, to any sum not less how
ever, than said first named sum, to-wit:
eighteen thousand tSl8000) dollars; to 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 to be paid In by instruments, as called
for by the board; to make bylaws not incon-
sistent with tine 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 be In no way liable for the
debts Of the corporation, nor for any wrongs
committed by it.
Wherefore, petitioners pray, that they and
their associates be incorporated az aforesaid
for the term Of twenty C20 years, With the priv
iege Of renewal at the end of that time, aud
with all the powers aforesaid.
And the petitioners will ever pray, &C., &C.
GARRARD & MELDRIM.
Attorneys for Petitioners
Filed in office aud recorded this 10Th day Of
March, 1890.
JAMES K. P. CARR,
Clerk s. O. 9. G.