The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-04-20
PETITIONS FOR INTERPRETATIONS


GTATE OF GEORGIA, CHATHAM COUNTY
- To the honorable Superior Court OF said
county; The petition Of +: D. GUERARD. 9; s;
ELLIS, JOHN c. ROWLAND, MALCOLM
NELL. w B. sTILLwELIs II. F. TRAIN.
LESTER HUBBELI. q. y. Wl1ATLEY. VIM.
ROGERS, GEO. w. TIEDEMAN, ALBERT
WILLY, II. +: GRAHAM, w. =. SHELLMAN.
J. f. TIETJEN, JOHN j. CAROLAN, W. u.
KRENSON, II. NJ. SEL1G, ROBT. r. BURDELL
and WIN. FALCONER of the State of Georgia,
city of savannah, shows that they desire fpr
themselves and such other per ,ons as may
hereafter become associated with them, and
their successors, corporate privileges under the
name and style Of THE GEORGIA STATE
BUILDING AND LOAN ASSOCIATION OF
SAVANNAH. TO be made and constituted a
body corporate. The object of said association
or corporation is the pecuniary profit and con-
venience Of the members, and the business they
propose TO conduct Is that of building and loan
ASSOCIATION, the accumulation of fund which
shall be paid In monthly installments by the
stockholders lending the same on real estate,
personal property or other security to the men,
bers or said association or other persons, taking
deeds, mortgages, executions or other liens
therefor; to sell or dispose of all such securities
or any part thereof: to issue certificates OF
stock to its members; to make, issue and sell
bonds or other obligations, based on security Of
property held by the association; to buy, sell
own and deal in any real and personal estate; TO
improve real estate by erecting dwellings, build
ings of any kind whatsoever, or placing ma
cbinery or any other appliance that will tend to
Increase the value of the same; to sell the same
upon such terms as will be TO the best interest
Of the association, and to do such other things
az may be necessary and lawful in the prosecu-
tion of said business. The principal Office and
residence or said association shall be In SaVan-
nah, Chatham county, Georgia, where a ma
jority Of the Board of Directors shall reside;
but petitioners desire the privilege Of transact
ing business anywhere within the State of
Georgia, or in any other state if it is TO their
interest to do SO. They desire TO establish
branch offices wherever they think proper. ap-
point local boards. attorneys, agents and repre-
sentatives as occasion and business may require
to carry on the business of said association,
and to confer authority upon them for that pur-
pose. The capital of said association shall be
five hundred 600 shares OF the par value of
one hundred dollars S100) per share, but petit
TONERS pray the privilege of increasing said
capital stock to fifty thousand 10000 shares.
Petitioners pray for the privilege of making such
bylaws, rules and regulations for the govern
ment OF said corporation, and TO enforce the
same by such fines, forfeitures and penal
ties, not in conflict with the laws of Georgia.
and which may be necessary and proper.
Petitioners further pray that they be allowed
TO borrow money on real estate or personal
property, and to execute such mortgages. deeds
and transfers thereof as may be necessary; TO
have and use common seal, TO sue and be
sued, TO plead and be implicated, 70 contract
and be contracted with and TO have snch other
powers and do such other acts and things as are
usual and proper in order to carry out the in
tention and purpose OF said association.
Your petitioners pray that they, their asso-
cates and successors may be Incorporated under
the said name THE GEORGIA STATE BUILD
ING AND LOAN ASSOCIATION OF SAVAN-
NAH for a term Of twenty COZ years, WITH priv
ilege of renewal at the expiration of said term.
And your petitioners will ever pray. etc.
G.. B. WHATLEY,
Petitioners Attorney.
Filed in Office this April nth, 1890.
CLERKS OFFICE,
CHATHAM SUPERIOR CouRT,
The above and foregoing is a true and correct
copy OF the original on file in this Office this
April II, 1890
JAMES K. P. CARR,
Clerk s. c. C. @.