The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-09-02
PEaTIoNs FOR 1NCohPoRATIoy

N~~0-O~A~-0-~-~-o-o-O0OOo
GEORGIA, CHATHAM COUNTY-To
the SUPERIOR Court of Said County: Tia
petition of Jesse P. Williams, John A. G
Carson,of said county, and John Morrison
of Bryap county, in the state OF Georgia
shows: \
First Mat they desire for themselves
and such Nther persons as they, may asso.
ciate with Nhem. to be incorporated unde,
the name and style of the
j. P. WILLIAMS COMPANY.
Second. Thai said company's princinal
place of doing, business will be in the civ
of Savannah, county of Chatham. state NJ
Georgia. but your petitioners desire thar
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 extensions and exigenciesl
OF its business may require.
Third That the objects of your petition
ers' association and the principal businessI
they propose to carry on under said corpo-
rate name are as follows: The doing oil
the business of naval stores merchants
the doing of a general commission andI
factorage business in naval stores. cot
ton, farm products of all kinds, merchant
disc and articles of all kinds. with tbal
right of advancing money on real and per-
sonal property of every kind the business
of manufacturers of naval stores, with tina
right of operating naval stores farms anal
of owning lands. timber and timber lands
and all other property, zeal and persona /
of every nature and description. that msvE
be necessary or usual in the manufactured
of naval stores and in the operating and
conducting of naval stores farms: theE
business of buying, selling and dealing In
lands, timber and timber lands: the bus
mess of owning and operating saw-mills
and the owning of all such property as /
j H.,
ting of saW-mills, with the right to own
and operate tram-roads and steamboats,
as incidental or necessary to any Of the
businesses in which they may engage here
under; the business OF owning and opera.
ting farms for the cultivation of cotton
corn and other agricultural products; thu
business of wholesale and retail grocers;
the doing of a general mercantile busi-
ness; the business of dealing in mules and
horses and all such implements and uteG-
sils as are used on naval stores farms and
in the operating of saw-nills and in the
marketing of the products of such farms
and saw-mills; the doing of a general
storage and wharfage business with the
right to own and lease wharves and ware
houses; the doing of all other matters and
things usual in, or incident to- any Of the
businesses aforesaid; with the right to
borrow money, and to give notes, bonds.
certificates of Indebtedness and other in
struments therefor and to secure the same
by a lien or pledge mortgage or deed to
and upon any or all of the companys
property.
Fourth. The amount of capital to be en-
ployed in said business and actually paid
in will be the sum of two hundred and
fifty thousand (25O0O0 dollars, divided into
shares of one thousand dollars each but
your petitioners desire that said corpora
ton shall have the right and power Of in
creasing said capital stock from time to
time to any amount not exceeding hVe
hundred thousand 100000 dollars, when
ever, in the opinion of its board of drec-
tors, such increase may be deemed neees-
sary or proper and with the right and
power, in the discretion of its board OF
directors, of decreasing said increased
capital stock from time to time TO any
amount not below the original capital
stock of $250,00o.
Your petitioners ask that a lien be given
to said corporation upon all of the shares
of any stakeholder VINO may be indebted
to said corporation, with the right to sell
and dispose of such stock, or such pof-
ton thereof as may be necessary TO pay
off such indebtedness and that the corpo-
ration be given the right to refuse 70
transfer such stock until full payment Oh
such Indebtedness, provided that noCce
of such lien, right and power be embodel
in the certificate or certificates OF stoiA
issued and to be issued.
Fifth. Your petitioners desire to he n
corporated for a period of twenty ~
years, with the privilege of renewal at me
end of that period and with the further
privilege of dissolving said corporation
and winding up it's business at any tme
on vote of the stockholders owning anu
holding not less than two-thirds OF the
capital stock at a meeting of stockholders
called for that purpose, written notice OF
which shall be mailed to each stockholdeF
at least ten C10) days prior to such meet
ing.
Wherefore, your petitioners pray tnd'
an order may be passed declaring TINS ap-
plication granted and that your petition
ers, their associates and successors may
be incorporated under the name and WIN
the objects and for the purposes and Ior
the time aforesaid, and with all sucn
rights, powers and privileges as are aoo'p
set forth and such others as are usud
or incident to corporations of like cha''
acter.
DENMARK, ADAMS & FREEMAN
Attorneys for Petitioners,
A true copy of the original filed in NO
Office of the Clerk of the Superior CouTt
of Chatham county, Georgia, this LIST Cd!
of September 1897.
Clerk S. c., c. c.