The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-06-24
PETITIONS FOR INCORPORATION

( NEORGlA, CHATHAM COUNTY. the Supe-
- nor Court of Said County, The petition Of
>; 3 COLLINS, w. X. WILKINSON, JAMES
FAh1E, JR., HUGH LOGAN, w. W. MACKALL
JR, X N. HICKS, THOMAS NUGENT, JACOB
PAULSEN. WILLIAM BALTIMORE, W. F.
FcCAULEY, J. r. ANDERSON and Others
re .pectfully shows:
Fnst-Ihat they desire for themselves and
sucn persons as may hereafter be associated
WITH them, to be Incorporated under the laws OF
I'M state under the name of SAVANNAH REAL
ESIAIE, LOAN AND BUILDING COMPANY.
second-That the objects OF their association
ana the particular business they propose TO
carry on are as follows: To buy, lease, rent SELL
grant mortgage, incumber and otherwise hold
anu deal In real and personal property; to enter
INTO and carry out contracts and obligations for
Ile Improvement of real estate; TO sell and
zeal In any and all articles of personal property
Also 10 grade, build, construct, equip i'm
prove and to enter into and carry out contracts
ana obligations for the grading, building, con
Structlng, equipping or improving in the state
Oh georgia, or elsewhere, OF railroads, street
raiIways, tramways, roads, bridges, buildings
OF structures OF all kinds, or other private
pubic work, and to have all the powers usually
incident to construction companies
Ihlrd-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,
VIII be the sum Of One Hundred and Twenty
five Thousand Dollars ($125, 900. divided into one
thousand two hundred aud fifty shares G $500 of
one Hundred Dollars $500 each.
fifth-ln addition to the powers necessary
Tor 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, ia the discretion OF and
through the board of directors of said company,
10 any amount not to exceed, in all. the sum of
Five Hundred Thousand Dollars $780, 600,
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 (S100,000); TO receive real and personal
property in payment for its said capital stock:
and to subscribe for, purchase receive. hold
ana dispose OF the stock, securities and oblga-
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 it.
Wherefore, petitioners pray that they and
their associates may be Incorporated as afore-
said for the term of twenty COZ years, with the
privilege of renewal at the end Of that time.
And petitioners will ever pray etc.
CHARLTON Il MACKALL,
Attorneys for Petitioners.
Petition for Incorporation filed in Office and
recorded this ID day of June, 1890.
JAMES X p. CARR,
Clerk S. c. G. G.,