The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-02-20
THE MERCHANTS AND MECHANICS LAND
COMPANY

COMPANY.
The object OF said company is as follows:
/. To own, buy. acquire by gift, donation, or
grant, sell. lease, rent, improve and otherwise
hold, use, enjoy, and deal In on It's own account.
or for the account OF others, on commission and
brokerage, real estate and personal property,
in Chatham county, Georgia. or elsewhere.
2. To own, subscribe for purchase, receive.
hold. sell or dispose of the stock. shares securi-
ties or obligations OF other corporations now or
hereafter to be formed under the laws OF Geor-
gia, OF OF the United States OF America, or OF
any state or territory therein.
y, TO maintain, conduct and operate stores
and commissaries and Co carry on business,
wholesale or retail, in general merchandise.
D. Tolend money on notes bills, bonds, deeds,
mortgages, collateral securities or other chooses
in action with or without real OF personal secu-
rty, or to negotiate such loans for others, upon
such terms as may be agreed upon.
B. To grade, build construct equip or inn
prove, and TO enter into and carry out con
tracts and obligations for the grading. building,
constructing, equipplng or improving in Chat
ham county, or elsewhere. Of railroads. tram
ways, roads, bridges, factories, buildings or
structures OF all sinds, or other private or pub
lie work, and to have all tho powers usually
Incident to construction companies
9. To manufacture, buy, sell, export. import
and deal In any and all articles OF personal prop
erty.
Z. To build, operate, manage and maintain
factories Of any and all kinds, and to dispose Of
the products thereof.
g. To plant. farm, and cultivate lands, and
deal IN all sorts OF farm products.
3. To build, own, operate, manage, maintain
or lease water works. with power TO lay down
all mains, piping or other accessories in connec-
ton Herewith, and to sell rent, lease. furnish
or dispose OF such water works, water or privi-
lege 10 use such water for any purpose what
ever.
10. TO build. own, operate manage. maintain
or lease all necessary machinery. patents and
works for the generating or manufacture OF gas
and electricity. or either, with the right 10 use,
apply, hire, lease, sell and furnish same for
asaNt 4 alls.gru
ton or for other purpose. to any person or cor
poration whatever, on suoh terms as may be
agreed on
II. To own, operate, manage, control, hire,
charter. lease and deal IN steam or sailing YES
sells, lighters, Gredge9 engines, cars and other
vehicles used in the transportation aud hand
ling OF articles or products manufactured,
owned or controlled by said company railroads
and tramwRys for the transport alton and hand
ling Of the products or property Of said corpo-
ration by animal power, steam, electricity or
other power, and canals for tie purposes of
transportation or drainage. The said corpora
ton, however, not 10 use said tramways, canals
or railroads for the purpose of doing the bust
ness OF a common carrier.
IL. And generally to do and perform all acts
or things which may be necessary or proper for
| the furtherance and maintenance Of said bust
ness In all of It's branches above set out.
Petitioners further show that the principal
office and place for the transaction Of the bust
ness Of said company shall be In Chatham
county, Georgia. but said corporation desires TO
90 business IN Ehe state OF Georgia or else
where in the United States OF America.
Petitioners further show that the amount Of
capital TO be employed by said corporation
shall be the sum Of ONE HUNDRED THOU
SAND DOLLARS 100000, and It's capital
stock shall he divided into shares Of not less
than ONE HUNDRED DOLLARS tSi00J each.
Petitioners further show that said company
desires 10 be authorized and empowered to issue
preferred and common stock, to increase the
said capital stock from time % time
IN the discretion OF and through the board OF
directors OF said company to any amount, not
70 exceed in all the sum Of ONE MILLION
DOLLARS (3i 000, divided into shares
as aforesaid, aud to decrease said capital stock
from time TO time similarly not below the sum
Of ONE HUNDRED THOUSAND DOLLARS
$500 GOO. to accept and receive lands and other
property In payment for its said capital stock
to sell, mortgage, hire, pledge. su6let or convey
the property Of said corporation or any part
thereof at will, aud to reinvest at pleasure TO
have agencies, and employ and appoint agents
at such places and points in Chatham
tie or necessary for the carrying on OF
said business. ana furtherng the ends of said
corporation. IN the Judgment OF It's board OF
directors, TO borrow money, and secure the
same by collaterals, personal security, mort
gage, deed, or otherwise, and 10 Issue notes, de
bentures bonds or other obligations therefor
10 make contracts OF any kind, whatsoever for
the furtherance of its business; 20 make by
laws, and generally to have. enjoy and exercise
all the powers and privileges Incident to cor
poTatous under the laws Of the state of Geor-
gia; and that. IN pursuance OF paragraph 3,
section 1876 OF the Code Of Georgia, stock
holders who have paid their stock subscriptions
In full shall be in nowse liable for the debts Of
the corporation, nor for any wrongs committed
by It..
Your petitioners therefore pray that they
may be Incorporated for and during the term OF
twenty (20l years, with the privilege OF renewal
at the expiration OF that time. under the cor
porate name and style aforesaid
JACKSON Il WHATLEY,
Petitioners Attorneys.
Filed IN ONCE and recorded this 9TH day Of
February, 1893. JAMES X. p. CARR,
Clerk S. C., G. G.. Ga.