The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-09-12
PETITIONS FOR INCORPORATION

PETITIONS FOR INCORPORATION
STATE OF GEORGIA. CHATHAM CoUNrY.-To
- the Superior Court Of said county The
petition of VIM. PRITCHETr, JOHN c. POW
ELL. W. G. POWELL, W. " BEACH, ALEX
AMBER SESSIONS, b. T. BULLARD, W. b.
RICE, GEORGE W. DEEM and J. WARREN
CARTER of the State OF Georgia respectfully
shows:
First, That they desire for themselves and
such other persons as may hereafter be asso-
ciGted with them. 10 be Incorporated under the
corporate name and style OF
SAVANNAH NAVAL STORES COMPANY"
Second, That the objects OF their association.
and the particular business they propose to
carry on, are as follows:
o. To farm, handle, manufacture, buy, sell,
export, import aud generally deal IN. rosin, tur-
pentine, naval stores, gfease, tar pitea, min
eral, animal, ana vegetable oils. aud other
articles appurlenant to said business; timber,
her. barrels. slaves, headings, casks, and all
other articles in that line; all kinds Of CONNER
cial fertilizers, fertilizer materials and chemi-
Gals. and all articles used In the handling and
manufacture thereof. and all articles OF per
sonal property. whatsoever. and to compound
and refine oils.
90 To own. buy. sell, lease rent, improve and
otherwise hold, use, and enjoy, on their own
account or for the account of others, on COM
mission or brokerage. real and personal prop
erty OF every description.
3D. To maintain. conduct and operate stores
and commsSaries, turpentlne Stills, sawmills,
turpentine farms and factories of any kind,
aud TO carry GA business in general merehan-
ds,-wholesale, iobbing, commission or retail
In the buying, selling and handling OF groceries,
provisions. tobaccos, o. other articles products
or commodities Of whatsoever character or de
script!on, In the state of Georgia or elsewhere.
a. To do general warehouse. storage, fac
forage and forwarding business; Z, receive
goods aud other property on storage. and TO
advance upon articles held or stored sums of
money; 10 lend money on notes, bills, bonds.
deeds, mortgages, collateral security or other
with M M
sonal security, or TO negotiate such loans for
otners upon such terms as may be agreed uoon.
0.) To own, subscribe for, purchase receive,
hold, sell or dispose OF the stock, shares secu-
rites or obligations OF other corporations, now
or hereafter to be formed under the laws Of
Georgia, or of the United States of America, or
OF any state or territory therein.
co. To plant, farm aud cultivate lands and
deal In any and all sorts of farm products.
20 To purchase. originate, patent, register,
own, manage and dispose Of trade MARKS.
patents and copyrights, aud TO sell and assign
the same, or any part thereof, or 10 sell, or
dispose Of any articles or products covered by
the same, or any rights growing out Of the
same.
81 To operate, manage. control. hire. charter.
lease and deal In steam or sailing vessels
lighters, dredges, engines, cars aud other webb
cles used in the transportation OF the articles
products manufactured or owned 10y said com
pany; railroads and tramways for the trans
portation of the articles or products OF said
company, by animal power, steam. electricity
or other power, and canals for the purposes Of
transportation or drainage; said corUoTat on,
however, not to use said tramways canals, rail
roads or vesses. for the purpose OF doing the
business OF a common carrier
90 70 own, use, hire, lease, maintain. run and
operate, docks, elevators, presses. machinery
OF all kinds, and wharves, and TO receive tolls
rates aud profits therefrom.
u0) And heneray, 20 do and perform all
acts and things which may be necessary and
proper for the furtherance and maintenance Of
ITS said business, in all of its said branches
above set out
Third, The principal office and place for the
transaction OF the business of said company will
be in Chatham county, Georgia, but said cor
poraton will do business IN the state Of Georgia.
or elsewhere in the United States of America
Fourth, The amount OF capital TO be en-
ployed by said company, to be actually paid in,
will be the sum Of ONE HUNDRED THOUSAND
$500, COO DOLLARS. and said capital stock will
be divided into shares of ONE THOUSAND
$1,000 DOLLARS each, said capital stock TO
be paid in as called TOR by the Board Of
Directors.
Fifth. 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 preferred
and common stock; TO Increase said capital stock
from time to time, in the discretion of the
Board of Directors Of said company, 10 any
amount not to exceed in all the sum of ONE
| MILLION (Sl,0OO,0Oo) DOLLARS, to
be divided into shares OF ONE
THOUSAND $4,000 DOLLARS each,
| Us dlOfoSdiu anu 10 uecreoSe SAID caDltal STOCK
| from time to time similarly not below the sum
| OF one hundred thousand $500, 900 dollars; 10
sell, mortgage, hire, pledge sub-let or convey
the property Of said corporation, or any part
| thereof, at WILL and TO renvest at pleasure; 10
have agencies and employ and appoint agents
at such plac & Ia the state OF Georgia. orelss-
where, as may be requisite or nece saary for the
carrying on OF said business and furthering the
ends of said corporation, IN the discretion of It's
board or directors; to borrow money, and 20
secure the same by collaterals, personal secu-
rity mortgage, deed. or otherwise, and TO issue
notes, debentures, bonds or other obligations
therefor To make contracts of any kind what
soever for the furtherance Of It's business, in
Guiding contracts or agreements Of copartner-
ship between said corporation and any other
corporation or individual in any Of the lines Of
business OF said corporations; TO make bylaws
not Inconsistent with The laws of the land, and
generally 10 have, enjoy and exercise the cor
porate powers and privileges incident to jrpo-
rations under the laws Of Georgia
Stockholders who have paid their stock sub
scrtptions In full to be nowise liable for the
debts OF said corporation, nor for any wrongs
committed by
Wherefore, Petitioners pray that they and
their associates may be Incorporated for the
purpose aforesaid, under said corporate name,
for the term of twenty t20l years. with privilege
or renewal at the expiration of said time, and
with all the powers aforesaid.
And your petitioners will ever pray, etc.
GARRARD & MELDRIM.
Attorneys for Petitioners.
Filed in office and recorded, this 2sth day u
August, 1890. JAMES X. p. CARR,
Clerk s. c., G. O.