The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-01-10
PETITIONS FOR INCoRPouArIoN


CTATE OF GEORGIA, CHATHAM COUNTY. -
- To the Superior Court of said county: The
petition OF MARGARET A. lyman, d. O.
PURSE and EMILE NEWMAN respectfully
shows:
First. That they desire for themselves, and
such other persons as may hereafter be assooI-
ated with them, to be Incorporated under tho
corporate name and style Of
lyman MACHINE AND FOUNDRY WORKS.
Second. That the object OF their association,
and the particular business they propose to
carry on, is TO manufacture, cast, repair. buy,
sell, handle and generally deaf in all kinds OF
machinery. boilers, engines. supplies, tools,
electric supplies. hollow ware, piping, castings
and all other implements, tools and machinery
OF every description whatsoever, aud 20 RstAb
lish and operate works. factories, foundPies aud
machine shops for said purposes; 10 deal In.
manufacture buy, sell and handle all kinds
OF plumbers supplies whatsoever: TO own, man
age, buy, register and dispose Of Trademarks,
copyrights and patents, and to sell or assign
the same or any part thereof, or TO sell and dis
pose OF the articles or products covered by the
same, or any rights growing out Of the same; to
supply and furnish power to other corporations
firms or individuals, by electricity, steam,
water or by any other mode; to buy sell and
generally deal in for their own account or for the
account OF others on commission or brokerage,
ankinds OF machinery, machinists' supplies,
foundry supplies, tools aud all kinds
or personal property whatsoever; aud
to do and perform all other acts
and things necessary and proper for the fur
theTance and maintenance OF its said business
ia all of its branches
Third. That the amount of capital stock to be
employ d by them. actually paid In, will be the
sum Of FIFTY THOUSAND DOLLARS (95O, 0O0l,
to be divided into shares of ONE HUNDRED
(Si0O DOLLARS each.
g., Fourth. That the principal ofiice. and place
pany will bs Chatham county. Georgia but said
corporation will do business elsewhere IN the
state OF Georgia, and I'm other states Of the
United States, or 10 foreign countries.
Fifth. Your petitioners ask, in addition to the
powers nereinbefore set forth, that they shall
be authorized and empowered a. follows: To
Increase said capital stock from time To time, In
the discretion of the board of directors OF said
company, TO any amount not exceeding In all
the sum OF FIVE HUNDRED . HOUSAND
$500, 00Ol DOLLARS, 20 be divided into shares of
ONE HUNDRED DOLLARS each, as afore-
said, and to decrease said capital stock, from
time to time similarly, 70 q sum not less how
ever, than said first named amount, namely:
FIFTY THOUSAND $3.50, 0U0l DOLLARS; to
issue preferred and common stock, to sell,
mortgage pledge, hire or convey the property
OF said corporation or any part thereof at will
and to reinyest at pleasure; to operate, manage,
own, control hire, charter lease or deal In steam
or sailing vessels, lighters, dredges, engines, cars
and other vehicles, used In the transportation of
the articles or products manufactured, con-
trolled or owned by said COMPANY, railroads and
tramways for the transportation OF the art icles
or products Of said company. by animal steam,
electricity or other power, and canals for the
purpose OF transportation drainage; said
corporation, however. not TO use said tram ways.
canals railroads or vessels, for the purpose Of
doing the business OF q common carrier TO own
buy, use. hire, lease, maintain, run and operate
docks elevators, warehouses pre- seq, ma
chinery Of all kinds, and waaryes, and TO re-
ceIye tolls. rates and profits therefrom: to own,
buy hire, lease aud sublet real estate gener
ally, and to erect and maintain, hire,
buy, lease or otherwise acquire any
stores, buildings, factories. machine shops or
warehouses, necessary for the purposes Of said
corporation In the Judgment OF its board of d.
tn has nnla and alfaxr.m nj
point agents at such places In the state OF Geor-
gia or other states OF the United states, or In
foreign countries, as may be considered requi-
site or necessary for the carrying GU OF said
business and furtherlng the ends of said corpo
ration In the Judgment and discretion OF it.
board OF directors; TO borrow money and secure
the same by mortgage, deco. eollaterals, per
issue bonds. debentures, notes or
other obligations therefor; 10 receive
payment for capital stock subscribed for in
money, or Ia property, real or personal, In the
judgment and discretion of the board Of direct
Ors; TO make contracts of any kind whatsoever
for the furtherance and purposes OF It's bust
ness, including agreements or contracts OF CO.
partnership between said corporation, and any
individuals or other corporations, in any OF the
lines OF business OF said corporation; TO mako
by laws not inconsistent with the laws of the
land, and generally, 10 have, enjoy and exercise
the corporate powers and privileges incident TO
corporations under the laws of Georgia
Stockholders who have paid their stock sub
scriptions 10 full to be In no wise liable for the
debts OF said corporation.
Wherefore, your petitioners pray that they
and their associates may be Incorporated as
Aforesaid. for the purposes Aforesaid under
said corporate name, for the term OF TWENTY
(y0) YEARS, with privilege of renewal at the
expiration OF said time, and with all the powers
aforesaid.
GARRARD. MELDRIM & NEWMAN.
Petitioners Attorneys.
Filed In ofice this 10th day OF December, 1892,
JAMES X. p CARR, Clerk s. O 9, O.