The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-05-02
Rowland & Myers, AuGtioneers,
PETITIONS FOR INCORPORATION

-
CTATE OF GEORGIA, CHATHAM COUNTY,.
- To the honorable Superior Court Of said
county The petition Of R: D. GUERARD, 9. s.
ELLIS JOHN C. ROWLAND, MALCOLM
NELL. W. b. sTILLwELL, II. +. TRAIN.
LESTER HUBBELL, @. q. WHATLEY. WIN.
ROGERS, GEO. w. TIEDEMAN. ALBERT
J. +. TIETJEN, JOHN ]. CAROLAN, W. d.
KRENSON, II. NJ. SELIG, R0BT. T. BURDELLs
anu WIN. FALCONER of the State of Georgia,
city OF savannah, shows that they desire 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 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 aud con-
yenience 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 miscellaneous by the
stockholders, lending the same on real estates
personal property or other security to the men,
beers OF 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, sue and sell
bonds OF other obligations, based on security OF
property held by the association; to buy, sell,
own and deal in any real and personal estate; 10
improve real estate by erecting dwellings, build.
ings OF any kind whatsoever, or placing ma
chinery or any other appliance that will tend to-
Increase Llt Ntllue OF Le same. To sell the
upon such terms as will be to the best interest
OF the association, and TO do such other things
as may be necessary and lawful in the prosecu-
ton 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 IL is to their
interest to do So They desire to establish
branch offices wherever they think proper. APP
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 $500 shares OF the par value Of
one hundred dollars $500 per share but petit
TONERS pray the privilege of increasing said
capital stock TO fifty thousand t50,000l 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 fires, forfetures and penal
ties, not in conflict with tho laws of Georgia.
and which may be necessary and proper,
Petitioners further pray that they be allowed
10 borrow money on real estate or personal
property, and to execute such mortgages. deeds
ana transfers thereof as may be necessary; to
have and use a common seal, to sue and be-
sued, to plead and be Implicated, to 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-
GATES ana SUCCESSORS may be Incorporated under
the said name, THE GEORGIA STATE BUILD
ING AND LOAN ASSOCIATION OF SAvAN.
NAH for q term of twenty (20) years, with privs
ilege of renewal at the expiration of sad term.
And your petitioners will ever pray. etc.
q. b. WHATLEY,
Petitioners Attorney.
Filed In Office this April 17th 1890.
CLERKS OFFICE,
CHATHAM SUPERIOR CouRr
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. G. c. G.