The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-07-17
PETITIONS FOR 1NcoRPoRAr1oN


GTATE OF GEORGIA. CHATHAM COUNTY.
- To the superior Court OF said County,
The Petition of JOHN SCHWARZ, ISAAC O.
HAAS, f. KAROW, JOSEPH FERST. AARON
FERST and j. P WILLIAMS shows that they
desire for themselves and such other persons as
may hereafter be associated with them, to ba
Incorporated under the corporate name and
THE SAVANNAH STEAM BAKERY COM
PANY."
That the object of their association and tha
particular business they propose TO carry on Il
to be the manufacture and sale OF crackers,
biscuits, bread, candy, cider vinegar, extracts,
baking powders and such other articles and
things as may pertain to the business of a first
class cracker and candy factory and specially
works, and to buy, sell and handle all such
other goods and commodities as may be here.
after determined upon; to buy and sell personal
property of every KIM and description, and,
generally, to do and perform all acts and
things necessary and proper for the further.
ance and maintenance of said business:
That the amount of capital to be employed by
them will be the sum of SIXTY THOUSAND
(S6O,OOO DOLLARS, and business shall not be
commenced until TWENTY THOUSAND
$4,000 DOLLARS of said capital stock is
actually paid In; and they desire the privilege
OF increasing said capital stock of said corpora
ton, from tlme.to time, in the discretion Of its
board OF directors, to q sum not exceeding TWO
HUNDRED AND FIFTY THOUSAND $3.50, OO0l
DOLLARS, said stock to be divided into shares
of ONE HUNDRED (Si00 DOLLARS each, and
TO decrease said capital stock, from time to
time. in the Judgment of said board, to any
sum, not less, however, than the first named
sum, to wit: SIXTY THOUSAND ,0J0) DOL
LARS
That the place Of doing business Of said cor
poraton will be Chatham county, Georgia, with
its principal office in the city Of savannah
In addition to the powers necessary for the
carrying out of the purposes above set forth,
petitioners ask that said company be empow.
cred as follows To issue preferred and com.
mon stock, and that said stock may DO paid in
as called for by the board of directors; to &C
cept and receive property, real and personal,
IN payment for its said capital stock; to pur.
chase, own, lease, hire or otherwise acquire
and possess lands buildings. machinery ware
houses, factories, stores and other structures OF
any Kind, which they may find convenient for
the purposes and furtherance of said business,
and to sell, mortgage, hire, pledge, sub-let or
convey the same at will and to reinvest at
pleasure; to have corporate seal to borrow
money and secure the same by collat.
erals personal security, mortgage deed or
otherwise, and TO issue notes, bonds, debenturea
or other obligations therefor: to sue and be
sued 10 and by said corporate name; to make
contracts OF any kind whatsoever in the fur.
therance of its said business; TO make by laws
not Inconsistent with the laws of the land and
generally to have. enjoy and exercise the cor.
porate powers and privileges incident to cor
poratons under the laws OF Georgia.
Stockholders who have paid their stock SUBJ
scriptions ia full to be in no wise liable for the
debts OF said corporation, nor for any wrongs
committed by it.
Therefore, petitioners pray that they and
their associates may he Incorporated for the
purposes aforesaid under said corporate name,
for the term of twenty CO. years, with privilege
Of renewal at the expiration of said time and
with all the powers aforesaid. And petitioners
will ever pray, etc, etc.
GARRARD & MELDRGM.
Attorneys for Petitioners.
Filed In office and recorded this Goth day of
june 1891. JAMES X. Z. CARR
Clerk S. G. G. c.. Georgia.