The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-12-04
PETITIONS FoR INCORPORATION.

STATE or GEORGIA. CHATHAM
NpN NI1-Io the Superior Court of said
county; The petition OF Peter I. Peacock,
John W. Hunt, Lawrence Mcneil and
Charles d. Baldwin OF the county and state
Aforesaid, shows. First-That they de-
ste, Tor themselves and such other per-
70 be Incorporated under the name and
PEACOCK AND HUNT NAVAL
STORES COMPANY.
Second-That said Companys principal
place Of doing business viii be in the
LILY OF Savannah, County OF Chatham,
desire that said Company be authorized
20 DO business at any other place within
or without this state whenever. in the
opinion OF its Board OF Directors. the eX-
tensions ana eNigencies OF its business
may require.
Third-That the objects OF your peti-
TONERS. association and the principal bus
mess they propose TO carry on under said
corporate name are as follows: The doirg
OF the business OF Naval Stores Mer-
chants; of a general commission and fac
forage business In merchandise and ar
ucles of all kinds, with the right Of ad-
Nahclng money on real and personal prop
erty OF every kind; OF manufacturers cf
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
ana description. that may be necessary
or usual in the manufacture of naval
stores and In the operating and
conducting of naval stores farms
ana the business of wholesale $ld
retail grocers. with the right Of
ueaung in mules and horses and all such
implements and utensIles as are used on
naval stores farms and In the marketing
OF the products thereof: the doing OF an
matters and things usual in or Incident to
the businesses aforesaid.
FOurth-The amount Of capital to be
employed in said business and TO be actu-
ally paid in will be the sum Of Two Hun
91fea ana tuty thousand (25O00Q Dollars,
divided INTO shares OF one Thousand
Q,OQO Dollars each. but your petitioners
desire that said corporation shall have the
right and power Of increasing said capt
tal stock from time 10 time to any amount
not exceeding One Million q ZOO. 00O) Dol
lars whenever, in the opinion of its Board
OF 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 10 time
TO 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
70 said corporation upon all of the shares
OF any stakeholder 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 paw of
such Indebtedness and that the corpora
ton be given the right to refuse to trans
Ter such stock until fun payment of such
Indebtedness. provided that notice of such
Zen, right and power be embodied in the
certihcate or certificates Of stock issued
and to be issued
Fifth-Your petitioners desire to be in
corporated for a period Of twenty (2W
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 vote of the stockholders owning
and holding not less than two-thirds OF
me capital stock, at meeting of stock
holders called for that purpose, written
notice of which shall be mailed 10 each
stakeholder at least ten Q0) days prior to
such meeting.
Wherefore your petitioners pray that an
order may be passed declaring this appli-
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 q ADAMS,
Attorneys for Petitioners.
Filed in the Office OF the Clerk OF the
Superior Court of Chatham County, Geor-
gia, this Dec. 3. 1894.
JAMES X. P. CARR,
Clerk Superior Court of Chatham County,
Georgia.