The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-06-11
PETITIONS FOR INCORPORATION

GTATE OF GEORGIA, CHATHAM COUNTY
- To the Superior Court of said county: The
petition Of J. J. McDONoUGH, l.. NJ. WAR
FIELD, CHAS. II. DORSETT. w. q. COOPER.
q. B. WARRAND, ISAAC BECKETT, COLLAT
BROTHERS, GEORGE X. FORD and JAMES
II. FURBER. respectfully sheweth that they
and such other persons as may hereafter be as
ISOLATED with them desire To be Incorporated
under the laws OF the State OF Georgia into
body corporate and polite, under the corporate
name of
THE SOUTHERN MILL SUPPLY COMPANY.
The object OF their association and the bust
ness they propose to carry ON is as follows: To
erect, eanip and operate manufacturing estab-
lshments for the manufacture OF machinery of
all kinds, and to buy and sell machinery mill
supplies and all other kinds Of personal prop
erty on their own account or for the account OF
others, on commission or brokerage; to own,
operate, exercise, use apply and manufacture
patented articles of any sort, character or de-
scription; to purchase sell and hold patent
rights, and the same to assign to other persons
or corporations: TO buy, lease or otherwise ac-
qure real estate. aud to dispose OF the same by
sale or lease, as the board Of directors may de-
eide; to own, purchase, subscribe for, receive.
sell and dispose OF the stock, shares, securities
or obligations OF other corporations now exist
ing, or to be- hereafter formed OF organized
under the laws of the state OF Georgia.
OF the United States OF America or of
any state or territorystherein, or of any foreign
country, and TO enter into contracts OF copart-
nefship association, or other kind, With such
other corporations or with individuals; to Dor
row money, Issue noieS or ObugatonH. make
mortgages or titles OF sale of their property.
real or personal, az security for debts which
they contract. to sue and be sued, plead and be
impleaded; 20 have and use q common SEAL and
the same 10 alter or renew at pleasure, and,
generally, TO do and perform all acts necessary
and proper In the transaction of any lawful
business IN which they may engage In the sauaes
manner that natural person might
or could do or perform similar actss
The principal place OF business of said
corporation 60 be in the county OF Chatham
Georgia, but with the right and power to establ
fish branches in any part or the state Of Geor-
gia or OF the United States and In foreign coun-
tries. Tho amount OF capital to be employed by
said corporation, actually paid 10. will be FIFTY
THOUSAND DOLLARS. divided into i've hun.
dred shares of ONE HUNDRED DOLLARS
each, with the privilege 10 increase said capital
TO any sum not exceeding FIVE HUNDRED
THOUSAND DOLLARS, as the Board of Dr.
rectors may determine. and to decrease said
stock by similar determination 20 any amount
not less than FIFTY THOUSAND DOLLARS.
The powers OF this corporation to be exercised
by Board OF Directors, to consist of seven
members, who shall be elected annually by
ballot. by a majority Of shares held
by the stockholders present at the meeting;
said directors to retain Office until their sue
cessors shall have been duly elected in like
manner. The board Of directors first elected
shall hold office until tho second Monday in
January, 1892, on which date the regular an
nual meeting shall be held, and thereafter on
the second Monday in January in each year.
Wherefore, petitioners pray that they may
twenty years, with the privilege OF renewal at
the end OF that period. And petitioners will
ever pray, etc ISAAC BECKBTT,
Attorney for Petitioners.
Petition for incorporation filed in Office and
recorded this 18th day Of May, 1891.
JAMES X. Z. CARR,
Clerk 5. G., G. O.