The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-11-29
PETITIONS FOR INCORPORATION.


STATE OF GEORGIA. CHATHAM
COUNTY-To the Superior Court OF said
county: The petition Of Joseph Hull and
Augh NJ. Conner, Of said county, George
W. Scott and George b. Scott. of DeKalb
county, I'm said State. Robert w. Pater-
son and Morris +. Knudson, of the City
and state Of New York. Edward +. G:
Young. of Jersey city, In the state Of
New Jersey, and John T. Wilson. OF
Montreal IN the Dominion Of Canada,
Ftrst:-That they desire for themselves
and such other persons as they may as
sociate with them to be Incorporated un-
der the name and style Of
PEACE RIVER PHOSPHATE MINING
COMPANY.
Second That said Company's principal
place of doing business VIII be in the City
OF savannah, County of Chatham, State
OF Georgia, but your petitioners desire
that said Company be authorized TO do
business in the State of Florida and
elsewhere whenever in the opinion of its
Board of Directors the extensions and
eNtgenctes Of its business may require.
Third: That the object Of your petit
TONERS association and the principal bus
mess they propose toAcarry on under said
corporate name are as follows: The min
ing, digging, dredging, preparing, ship
ping, buying and selling of and dealing
in phosphate rock and other deposits
Of any nature used in the manufacture
of fertilizers or chemicals; the manufac-
turing, buying and selling of and dealing
in fertilizers and chemicals and the ma
terials thereof; the keeping and operating
OF stores and commissartes wherein all
lawful merchandise may be kept and
sold; and to these ends your petitioners
desire to have conferred upon them, their
associates and successors under said
corporate name, in addition to the powers
incident to all corporations under tho
laws of Georgia. the powers and privi-
leges Of owning and operating boats
barges and vessels, railways and tram
ways mot as common carriers but solely
for the purposes of their said Company'S
business); and the right OF acquiring. by
purchase or otherwise, lands, rights In
lands, factories, works, and such other
property, real and personal, as may be
necessary or convenient for the success
full conduct and efficient operation of said
Company's business; the right of using,
selllng, renting, and otherwise disposinF
with the further right to issue notes.
bonds and other evidences of debt and
to secure the same by such deeds to-
mortgages Of, or liens on the corporate
property as may be desired; such ac-
questions and dispositions Of such prop
and on such terms as the Board OF Di-
reCtors of said Company may see proper.
Fourth: The amount OF capital to ba
employed I'm said business and to be
actually paid in will be the sum of One
Million, Two Hundred and Fifty Thou
sand q ,250,000 Dollars, divided into
shares of One hundred 900 dollars each,
but your petitioners desire that said corr
poration shall have the right and power
of increasing said capital stock from
time to time to any amount not exceeding
in all the total sum of Five Million (5,0o0.-
OO0 Dollars, whenever such increase may
be deemed necessary or proper by the
holders of a majority of the capital stock
of said Company, but only upon due no.
tice to all Of the stockholders under the
provisions Of such bylaws as the stocks
holders of the Company may duly enact.
Your petitioners also desire that said
corporation re invested with the right
and power Of decreasing said increased
capital stock from time to time to any
amount not below the original capital
stock of One Million, Two Hundred and
Fifty Thousand q, $50 000) Dollars, suchde-
crease to be made In the same manner
as the increase hereinbefore provided for.
Fifth: Your petitioners desire to be
incorporated for period of twenty (20)
years with the privilege of renewal at
the end OF that period.
Wherefore your petitioners pray that
an order may be passed declaring this
application granted and that your petit
TONERS, their associates and successors
be incorporated under the name, with
the objects and for the purposes, and
for the time aforesaid, and with ali such
rights, powers, privileges and franchises
as are above set FORTH and such others as
are incident or usual to corporations of
like character.
DENMARK g. ADAMS,
Attorneys for Petitioners.
Superior Court Of Chatham County,
EMILE A. GRADOT,
Deputy Clerk of the Superior Court of
Chatham County Georgia.