The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-06-17
PETITIONS FOR INCoRPoRATION

GEORGIA, CHATHAM CouNTY.-To the Supe-
~ rior Court Of Said County: The petition of
FARIE, JR., HUGH LOGAN, W. W. MACKALL,
JR., r. NJ. HICKS, THOMAS NUGENT, JACOB
PAULSEE, WILLIAM BALTIMORE, w. +.
McCAULEY, ]. r. ANDERSON and others,
First-That they desire for themselves, and
such persons as may hereafter be associated
with them, to be Incorporated under the laws of
this state under the name of SAVANNAH REAL l.
ESTATE, LOAN AND BUILDING COMPANY.
Second-That the objects OF their association
and the particular business they propose to
carry on are as follows: To buy lease, rent, sell,
grant, mortgage, incumber and otherwise hold
and deal in real and personal property to enter
into and carry ont contracts and obligations for
the improvement of real estate; to sell and
deal in any and all articles of personal property
Also to grade, build, construct, equip or i'm
prove and to enter into and carry out contracts
and obligations for the grading, building, con-
structing, equippinR or improving in the state
or Georgia, or elsewhere, OF railroads, street
railways, tramways, roads. bridges, buildings
or structures of all kinds, other private or
public work, and to have all the powers usually
incident to construction companies.
Third-The principal office and place for the
transaction of the business of said company
will be in Chatham county, Georgia, but said
corporation will do business in the state of
Georgia or elsewhere.
Fourth-That the amount of capital to be
employed by said corporation, actually paid in,
will be the sum Of One Hundred and Twenty
five Thousand Dollars (S125 900, divided into one
thousand two hundred d fifty shares & $50 Of
One Hundred Dollars (S100) each.
Fffth-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 common
and preferred stock; to increase the said CAPT
tai. from time to time In the discretion of and
through the board of directors of said company,
to any amount not to exceed, In all, the sum Of
Five Hundred Thousand Dollars ($500.000
divided into shares as aforesaid, and to decrease
said capital stock, from time to time, similarly,
not below the sum of One Hundred Thousand
Dollars $500 000); to receive real and personal
property in payment for its said capital stock {;
and to subscribe for, purchase, receive. hold
and dispose of the stock, securities and obliga-
tons of any other corporation now or hereafter
to be formed under the laws Of this or any
other state or territory or of the United States;
to lend or borrow money on note, bill, bond,
pledge, deed, mortgage, or other obligation or
lien, with or without real or personal security.
Stockholders who have paid their stock sub
scription in full to be in no wise liable for the
debts Of the corporation nor for any wrongs
committed by 1t.
Wherefore, petitioners pray that thew and
their associates may be Incorporated as afore-
said for the term of twenty (90) years. with the
privilege of renewal at the end Of that time.
And petitioners will ever pray, etc.
CHARLTON & MACKALL,
Attorneys for Petitioners.
Petition for Incorporation filed in Office and
recorded this I'd day of june 1890.
JAMES K. P. CARR,
Clerk S. G. G. G.