The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-03-08
PETITIONS For INcoRPoRATIoN.

-
STATE OF GEORGIA, CHATHAM CoUNrY.-To
- the honorable the Superior Court OF said
county:
VI The petition Of CHARLES H. DoRsETT.
CHARLTON II. WAY, JOHN Q. ROWLAND,
CHARLES Ii. OLMSTEAD, DANIEL G.
PURSE, CHARLES r, HEBRON, ANDREAS
.. MOYNELO, THOMAS Il. STUDIES, AN
DREW HANLEY, CHARLES A. SHEARSON,
fully showeth:
First. That your petitioners desire to organize
themselves and such other persons as may be
associated with them into private corporation
TO be known as the CITY AND SUBURBAN
IMPROVEMENT COMPANY.
Second. That the object Of their association
is the realization of the public and private
benefits whica may result from its operation
and that the particular business they propose
TO carry on is as follows: They propose TO deal
in real and personal properly, and they wish
authority to buy, sell, lease, rent, grant, mort.
gage, cucumber improve and otherwise hold
use, enjoy, dispose OF aud deal in real and per-
sonaI property; to subscribe for, purchase, re-
ceve, hold and dispose of the stock securities
and obligations OF any other corporation now
OF hereafter formed under the laws of this or
any other state or territory; to lend or borrow
money on note, bill, bond, pledge, deed. mort
gage or other obligation or lien with or without
real or personal security to enter into and carry
out contracts anu Obligations for the building,
constructing, equipping, improving, operating
and management OF roads, tramways, factories
warehouses, bridges, buildings of all kinds, or
sell and deal in any and ali articles of personal
property and generally to do and perform all
acts and things incident ana similar TO those
above specified.
Third That the principal place of business of
SAID corporation Will be in Chatham county
Georgia, but it desires authority TO do business
10 any or all of the states and territories of the
United States
Fourth That the amount of capital to be en-
ployed by said corporation actually paid In will
be one hundred thousand QU0, 00O) dollars di
vided into shares of one hundred 400 dollars
each, OF which forty thousand 10000 dollars
has been actually subscribed, twenty five per
cent of each subscription being payable upon
the organization of the company and the bal
ance as the board OF directors may REQUIRE in
monthly installments of one dollar on each
SHARE each subscriber being liable for the
amount subscribed for by him until said sub
scription is fully paid up and no further; that
petitioners desire the right TO increase their said
capital stock from time to time, la the discre-
ton Of said board of directors, to any amount
not to exceed in all the sum of five hundred
thousand 100000 dollars, and to decrease said
capital similarly not below the sum of forty
thousand 10000 dollars.
GWherefore your petitioners pray that they
and their associates may be incorpora rated for
the purposes and with the powers aforesaid and
with all other rights, pow ers aud privileges as
are usual or Incident TO such corporations
And petitioners Will ever pray, etc
DENMARK, ADAMS q ADAMS,
Attorneys for Petitioners
Petition for Incorporation filed in Office and
recorded this 21st day Of February, 1890
JAMES X. T. CARR.
Clerk 5. c., G. G.