The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-10-19
PETITIONS FOR INCORPORATION
PETITION FOR INCORPORATION.

CTATE OF GEORGIA, CHATHAM COUNTY
- To the Superior Court of said county,
The petition of DAVIS FREEMAN and A. l.
ALEXANDER shows:
First: That they desire for themselves and
for huch other persons az may DO hereafter
associated with them to be incorporated undeE
the corporate name and style of
THE PEOPLES ELECTRIC LIGHT AND
POWER COMPANY.
Second: That tie objects of their association
and the particular business they propose I'd
carry on are as follows:
1. To own, buy, acquire by gift donation on
grant, improve, sell. lease, rent and otherwise
hold, use enjoy. and deal in ON their own &C,
count or for the account of others, as coEtractt
ors, or on commission or brokerage. real estate
and personal property.
2. TO own, subscribe for. purchase receive
hold, sell and dispose OF the stocks, shares
bonds, securities. and obligations OF other cor.
porations now existing or hereafter to DO formed
under the laws of this state. or of the United
States of Anerica, or OF any state or teri TORY
thereof or of any foreign country.
3. To do general warehouse, storage, com
mission and forwarding business, and to make
advances upon articles controlled, held stored.
and also TO maintain, conduct and operate
stores and carry on business. wholesale or re-
tail or BOTH in general merchandise
| 4. To lend money on notes, bills, bonds, deeds
| mortgages, contracts, collateral securities, and
all chooses in action, with or without real or per
sonal security, or TO negotiate such loans fol
| Others upon such terms as may be agreed upon.
3. To grade, build, construct, equip, improve,
| on their own account, contractors fol
others, in this state or elsewhere, railroads
tramways. roads, bridges, factories, buildings,
and structures OF oil kinds and all sorts of pri-
vat9 and public works.
G. 10 manufacture, buy, sell, export, import,
and deal in any and all articles OF personal
property.
7. To operate, maintain and manage mines,
brick kilns aud quarries, and dispose OF the pro-
ducts o. the same.
8. To build, buy or lease, operate, manage
and maintain, water works and works for the
- aud IL,
ty, and all machinery, appliances and patents
necessary thereto, and including all accessories
and fixtures, devices and appliances nee sssary
| or convenient to the operation Of such works
aud the conduct of the business of using, apply,
| ing, bring leasing and selling the use, or the
| privilege 10 use the products thereof, by or to
| any persons or corporations. for any purpose
| whatever.
0. To purchase. originate, patent, regis.
| ter, own, manage and control, and dispose OF
patents, trade marks, franchises, easements
| aud copyrights, aud to sell and assign the same.
or any part thereof, or to sell and dispose of
any articles or products covered by, aud any
| rights growing out OF the same.
10. And generally TO do and perform all
| things necessary, convenient and proper foI
| the furtherance and maintenance Of said BUSH
ness and occupations in all their branches.
Third. The principal office ana place for the
will be In Chatham county. Georgia. out they
desire to be empowered to conduct their BUSH
ness anywhere in the United states OF America,
| employed by said corporation, actually paid in,
| will be FIFTY THOUSAND DOLLARS, and its
capital stock shell b. divided into shares OF not
| less than TWENTY FIVE DOLLARS.
Filth. In addition to the powers necessary ia
the carrying out OF the purposes above set
forth, petitioners desire to have enjoy aud ex.
ercse all the powers and privileges incident to
corporations under the laws of said states; and
In addition thereto, the power TO issue preferred
and common stock, to Increase the said capital
stock, from time to time in the discretion OF
and through the Board OF Directors, to any
amount. not TO exceed the sum of One Million
Dollars, divided into shares as aforesaid and 20
decrease said capital stock, from time to time
| similarly, not below said sum of Fifty Thousand
| Dollars; 10 borrow money and secure the same
| by collaterals, personal security, mortgage.
| deed or other wise, and to issue notes. debent--
| ures, bonds. or other obligations therefor.
Sixth. Wherefore petitioners pray that they
and their associates may be Incorporated foe
the purposes Aforesaid under said corporate
name, for a term of twenty years, with thu
| privilege of renewal at the expiration of said
| time, and with all the powers Aforesaid.
And petitioners will ever pray, &c.
DAVIS FREEMAN,
Attorney for Petitioners
Filed in Office and recorded this 10Th day of
| September, 1891 T.. A. GRADOT,
Deputy Clerk 8. c. @. c.