The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-08-29
PETITIONS ron INCORPORATION

PETITIONS FOR INCORPORATION
STATE OF GEORGIA, CHATHAM CouNry.-To
~ the Superior Court of SAID county: The
petition of WM. PRITCHETT. JOHN 9. pow
ELL, w. c. POWELL, W. " BEACH, ALEX
AMBER SESSIONS, b. f. 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-
ciated 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 particu ar business they propose to
carry on, are as follows:
a. To farm, handle, manufacture, by, sell,
export, import aud generally deal in. rosn, tur-
pentine, naval stores, grease, tar, pitcn, min
eral, animal, ana vegetable oils. and other
articles appurtenant to said business; timber,
lumber, barrels, slaves, headings, casks, and all
other articles In that line; all kinds Of CONNER
cial fertilizers, fertilizer materials aud 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.
20 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 aud personal prop
erty of every description.
49, To maintain. conduct and operate stores
and commissaTies, turpentine stills saw-millS,
turpentne farms and factories of any kind,
and to carry on business In general merchan-
diss-wholesale, 1obbing, commission or retail
in the buying, selling and handling of groceries,
provisions tobaccos o. other articles products
or commodities of whatsoever character or de-
scrlptlon, in the state OF Georgia or elsewhere
a. To do general warehouse, storage, fac
forage and forwarding business; b. receive
goods and other property on storage, aud 10
advance upon articles held or stored sums of
money; to lend money on notes, bills bonds,
deeds, mortgages, collateral security, or other
chooses in action, with or without real or per
sonal security, or to negotiate such loans for
Others upon such terms as may be agreed upon.
o. To own, subscribe for, purchase, receive
hold, sell or dispose OF the stock, shares secu-
rifles 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.
(6) To plant, farm aud cultivate lands and
deal in any and all sorts of farm products.
~ TO purchase, originate, patent, register,
own, manage and dispose of trade MARKS.
patents and copyrights and 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.
49, To operate, manage, control hire, charter.
lease and deal IN steam or sailing vessels,
lighters, dredges engines, cars and other veht-
cles USED IN the transportation OF the articles or
products manufactured or owned by said com
pany; railroads and tramways for the trans
portation Of the articles or products OF said
| company, OY animal power, SJeam electricity
or other power and canals for the purposes Of
| transportation or drainage; said CORPORAL on,
however, not to use said tramweys, canals, rail
roads or vessels. for the purpose of doing the
| business OF a common carrier.
90 To own, use, hire, lease, maintain. run and
operate, docks, elevators, presses machinery
of all kinds, and wharves, and TO receive tolls,
rates and profits therefrom.
Q0) And henerally, to 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 sold cor
poration will do business IN the state of Georgia,
or elsewhere in the United States OF America
Fourth, The amount of capital to be en-
ployod by said company, to be actually paid In.
will be the sum of ONE HUNDRED THOUSAND
100000 DOLLARS. and said capital stock will
be divided into shares of ONE THOUSAND
81 900 DOLLARS each said capital stock to
be paid in as called tor by the Board OF
Directors.
Fifth, In 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 preferred
and common stock; to increase said capital stock
from tune to time, In the discretion of the
Board of Directors Of said company to any
amount not to exceed In all the sum of ONE
MILLION (S1 100000 DOLLARS, to
be - d divided into shares Of ONE
as aforesaid, and to decrease said capital stock
from time to time similarly not below the sum
Of one hundred thousand (Sl0O,O0O dollars; to
sell, mortgage, hire, pledge, sub-et or convey
the property Of said corporation, or any part
thereof, at WILL and 10 reinNest at pleasure; to
have agencies and employ and appoint agents
at such plac In the state OF Georg a, or else
where, as may be requisite or niece lsary for the
carrying on of said business and furthering the
ends of said corporation In the discretion of its
board OF directors; to borrow money and to
secure the same by collaterals, personal secu-
rlty. 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 its 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 corporation; 60 make bylaws
not inconsistent with she laws OF the land and
generally to have, enjoy and exercise thu cor
porate powers and privileges incident to c5rpo-
rations under the laws Of Georgia
Stockholders who have paid their stock sub
scriptions in full to be nowise liable for the
debts of said corporation, nor for any wrongs
committed byit
Wherefore, Petitioners pray that they and
their associates may be Incorporated for the
purpose aforesaid, under said corporate name,
for the term of twenty eco years, with privilege
of renewal at the expiration of said time, and
with all the powers aforesaid.
And your petitioners will ever pray, etc.
GARRARD & MEbDRIM
Attorneys for Petitioners.
Filed in office and recorded. this 2sth day of
August, 1890. JAMES K z. CARR,
Clerk s. c., c. o.