The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-08-13
FOR INCORPORATION

CTATE OF GEORGIA, CHATHAM COUNTY
- To the Honorable the Superior Court Of said
county: The petition OF 9. NJ, GILBERT, II.
J. A. W. WEGEFARTH, 4. II. JONES, G. A.
cox, HENRY McALPIN, of the state or
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" td
be made and constituted a body corporate
The object OF said association or corporations
is the pecuniary profit and convenience of its
stockholders, and the business they propose to-
conducr and carry on is as follows:
1st To own and deal In any real and per-
81 nal 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 obiiga-
tions 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, i'm
prove and otherwise hold and deal in real and
personal property. notes. liens, judgments.
mortgages, chores in action, domestic and for
eign 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 Amer ca.
3. For the building, constructing, equipping,
improving and managing of roads, tramways.
factories, bridges, docks, wharveS and ware
houses; to advance money on bills of lading 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 business. desire in addition t0
the powers already asked for the power Of es-
tabshing branch offices In this and other states,
and to do and perform all acts for the further5
auce, maintenance and management of said
business set forth in 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 oblt@
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 and exercise all of the rightsS
powers and privileges conferred upon corpora
tions by the laws OF Georgia. g. The principal
place Of doing business will be Chatham county,
Georgia. 6. The amount of capital to be em-
ONE HUNDRED THOUSAND DOLLARS, di-
vided into one thousand shares of one hundred
dollars each. the stockholders to be 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 will ever pray, etc.
HENRY McALPIN,
Petitioners Attorney
Petition for Incorporation filed In office and
recorded this 5th day of August, A. ID. lssO.
JAMES X. r. CARR,
Clerk S. c. G. c., Ga.