The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-09-19
PETITIONS FOR INCORPORATION

Il ~ AACN, EOtN ANSChA OhA AAON
STATE OF GEORGIA, caArHAM coUSrY.-To
- the Superior Court OF said county: The
ELL W. @. 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
First. That they desire for themselves. and
such other persoGs as may hereafter be asso-
cisted with them, TO 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.
a. To farm, handle, manufacture. buy, sell,
export, import and generally deal in. rosin, tur
pentne, naval stores, grease, tar, pi;ca, min
eral animal, and vegetable oils. aud other
articles appurtenant 10 said business. timber,
lumber, barrels, slaves headings, casks, and ell
other az ticles IN that line; all kinds Of CONNER
cal fertilizers fertilizer materials and chemi-
Gals aud all articles used Ia the handling and
manufacture thereof and all articles OF per
sonal property, whatsoever, and TO compound
and refine oils.
C2) 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
t3) To maintain. conduct and operate stores
and commssaries, turpentiue stills, saw-mills
turpentine farms and factories of any kind,
and to carry on business In general merchan-
dise-wholesae, iohbng, commission or retail
in the buying, selling and handling OF groceries,
provisions, tobaccos, or other articles, products
OF commodities OF Whatsoever character or de-
scripton, in the state of Georgia or elsewhere.
a. To do general warehouse storage, fac
forage and forwarding business: 10 receive
goods and other property ON storage, and 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
sonRl security, or to negotiate such loans for
Others upon such terms as may be agreed upon,
% To own. subscribe for, purchase, receive,
hold, sell or dispose Of the stock shares, secu-
rites or obligations OF other corporations now
or hereafter 10 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 aud
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 Fart thereof, or TO 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 and other veh-
Giles 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, by animal power, steam, electricity
or other power, and canals for the purposes OF
transportation drainage; said CORPORATION
however, not to use said tramways, 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 heneraly, 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 said cor
poration will do business in the stale of Georgia.
| or elsewhere in the United States OF America.
Fourth, The amount of capital to be en-
pioyed by said company, to be actually paid in,
will be the sum of ONE HUNDRED THOUSAND
(S1O0O00l DOLLARS. and said capital stock viii
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
| for the carrying out Of the purposes above set
forth, petitioners ask that said company shall
| be empowered az 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, TO any
amount not to exceed in all the sum of ONE
THOUSAND (Si,OOU DOLLARS each
| as aforesaid, and TO decrease said capital stock
| from time TO time similarly not below the sun
| of one hundred thousand $500, 900 dollars; IL
| sell, mortgage, hire pledge, sub-let or convey
| the property of said corporation, or any part
thereof, at will, and to reinvest at pleasure; ia
| have agencies and employ aud appoint agents
! at such plac in the state of Georgia or else
| where as may be requisite or necessary for the
carrying on OF said business and furthering the
ends OF said corporation. the discretion of its
board or directors; to borrow money, and TO
| secure the same by cOllaterals, personal secu-
rlty, mortgage, deed, or otherwise, and TO issue
| notes, debentJres, bonds 9th r 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
not inconsistent with the laws of the land, and
porate powers and privileges incident to corpo-
rations under tie 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 aud
their associates may be Incorporated for the
purpose aforesaid, under said corporate name,
for the term OF twenty (20) 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 & MELDRIM,
Attorneys for Petitioners.
Filed in office and recorded, this 2sth day of
August, 1890. JAMES X. p CARR