The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-12-11
PETI1IoNs FoR INCORPORATION.


STATE OF GEORGIA, CHATHAM
COUNTN-To the Superior Court Of said
county. The petition OF Peter l. Peacock,
John W. Hunt, Lawrence Mcneil ana
Charles ID. Baldwin of the county and state
aforesaid, shows; First-That they de-
sire. for themselves and such other per
sons as they may associate with them,
TO be Incorporated under the name and
style OF the
PEACOCK AND HUNT NAVAL
STORES COMPANY.
Second-That said Company's principal
place of doing business will be in the
city of Savannah, County OF Chatham,
state OF Georgia, but your petitioners
desire that said Company be authorized
TO do business at any other place within
or without this state whenever, in the
opinion Of its Board OF Directors, the eN-
tensions and exigencies OF its business
may require.
Third-That the objects OF your petit
TONERS association and the principal bus
mess they propose to carry on under said
corporate name are as follows: The doing
or the business OF Naval Stores Mer-
chants; OF general commission and rae
forage business in merchandise ana ar
ticles of all kinds. with the right of ad-
Nancing money on real and personal prop
erty OF every kind; of manufacturers or
naval stores, with the right OF operating
naval stores farms and OF owning lands.
timber, timber lands and all other prop
erty, real and personal, of every nature
and description, that may be necessary
or usual In the manufacture Of naval
stores ana in the operating and
conducting OF naval stores farms;
ana the business OF wholesale and
retail grocers. with the right Of
dealing in mules and horses and all such
implements and utensiles as are used on
OF the products thereof; the doing of all
matters and things usual In or Incident TO
the businesses aforesaid.
tourth-The amount of capital to be
emplayed in said business and to be actu-
ally paid In will be the sum of Two Hun
dred and Fifty thousand t250OOOl Dollars;
divided into shares OF one Thousand
Q,OQ0 Dollars each. but your petitioners
desire that said corporation shall have the
right and power of increasing said capt
tai stock from time 20 time to any amount
not exceeding one Million q. 600, 000l Dol
lars whenever, in the opinion OF Its Board
or Directors, such Increase may be deem
right and power, In the discretion of its
Board OF Directors, of decreasing said
increased capital stock from time to time
70 any amount not below the original cap
ital stock OF Two Hundred and Fifty
Thousand (250.000) dollars.
Your petitioners ask that a lien be given
TO said corporation upon all OF the shares
of any stockholder who may be Indebted
TO said corporation, with the right to sell
and dispose of such stock or such portion
thereof as may be necessary to pay Off
such Indebtedness and that the corpora
ton be given the right TO refuse to trans
fer such stock until fun payment of such
Indebtedness, provided that notice OF such
lien, right and power be embodied in the
certificate or certificates of stock issued
and to be issued.
Fifth-Your petitioners desire to be in
corporated for a period of twenty (20)
years, with the privilege Of renewal at
the end OF that period; and with the fur
Their privilege OF dissolving said corpor-
alton and winding up its business at any
time on q vote Of the stockholders owning
and holding not less than two-thirds OF
the capital stock, at a meeting OF stock
holders called for that purpose, written
notice OF which shall be mailed to each
stockholder at least ten uO days prior TO
such meeting.
Wherefore your petitioners pray that an
order may be passed declaring this appll-
cation granted, and that your petitioners.
their associates and successors, be in
corporated under the name, with the
objects and for the purposes and for the
time aforesaid, and with all such rights,
powers and privileges as are above set
forth and such others as are usual or
incident to corporations of like character.
DENMARK & ADAMS,
Attorneys for Petitioners.
Filed in the Office az the Clerk Of the
Superior Court OF Chatham County, Geor-
gia, this Dec. 3, 1894
JAMES X. r. CARR,
Clerk Superior Court of Chatham County,
Georgia.