The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-09-03
PETITIONS FOR INCORPORATION

STATE OF GEORGIA, CHATHAM COUNTY
- To the Honorable the Superior Court OF said
county: The petition of Q. N, GILBERT, H.
]. A. w WEGEFARTH. r. II. JONES, G. A.
cox, HENRY McALPIN, Of the state OF
Georgia, city Of Savannah. shows that they de-
sire, 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 YOUNG MEMS
HOME AND INVESTMENT COMPANY" to
be made and constituted body corporate
The object OF said association or corporation
is the pecuniary profit and convenience of it's
stockholders, and the business they propose to
conducJ and carry on is as follows
LIST. To own and deal in any real and per-
sonal estate; TO improve real estate by erecting
dwellings aud buildings of any kind whatsoever
or placing machinery thereon or any other
appliance that Will tend to increase the value OF
the same. To carry out contracts and obliga-
tons for the building, constructing and repair
ing OF all kinds OF houses, stores, shops and
other buildings 2 To lend or borrow buy, sell,
lease, rent, grant, mortgage, cucumber, inn
prove and otherwise hold and deal in real and
personal property. notes. liens. judgments,
mortgages, chores In action, domestic and for
egn bills of exchange, timber, naval stores,
lumber, bonds and stocks. securities, shares and
obligations OF other companies, now or here
after TO be formed under the laws Of any state
or territory OF the United States of America
g. For the building. constructing, equipping,
improving and managing OF roads, tramways
factories, bridges, docks, wharves and ware
houses, 10 ADVANCE money on blilS OF ladinR and
goods stored In warehouses;; to do a general
brokerage and commission business, and to
negotiate loars for others. 4 The corporation, in
order to facilitate busnes s. desire in addition to
the powers already asked for, the power OF es-
tablishing branch offices In this and other states,
aud to do aud perform all acts for the further
ance, maintenance and management Of said
business set forth Ia the preceding clauses, and
to issue common and preferred stock. borrow
money and TO secure the payment Of the same
by collateral deed, mortgage personal security
or otherwise and TO Issue notes and other obli-
cations and to make all necessary contracts for
carrying on its business; to make bylaws neces-
sary or proper for its government; to sue and be
sued, and TO have aud exercise all Of the rights,
powers and privileges conferred upon corpora
lions by the laws OF Georgia. s. The principal
place OF doing business will be Chatham county
Georgia o. the amount of capital 20 be en-
ployed by petitioners actually pes1 IN will be
ONE HUNDRED THOUSAND DOLLARS, di-
vided into one thousand shares of one hundred
dollars each. the stockholders TO he liable
for no more than the amount OF their
unpaid subscriptions for stock Wherefore
your petitioners pray that they may be incor-
porated for the purposes and under the name
aforesaid for the term of twenty years, with the
privilege OF renewal at the expiration of said
time, with all the rights and powers ABOVE men
toned And your petitioners win ever pray, etc.
HENRY McALPIN,
Petitioners Attorney.
Petition for incorporation fled In office and
recorded this 9th day of August. A. ID. 1870,
JAMES X. 7. CARR,
Clerk s. G. G. c.. Ga.s