The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-09-16
PETITION FOR INCORPORATION.
APPLcAT1oN For INcoRPoRAr1oT


APPLICATION FOR INCORPORATION
STATE OF GEORGIA, CHATHAM
COUNTY.-To the Superior Court of
Chatham County: The petition Of Josepl
NJ Solomons and Isaiah A Solomons re.
spectfully shows;
First. That they desire, in behalf If
themselves and for such other persons az
may be associated with them, 10 be in
corpOrated for the period of twenty years
with the privilege of renewal at the expi-
ration of that time under the corporate
name of Solomons Company.
Second. That the objects of their asso-
citation and the particular business they
propose to carry on are as follows:
To carry on and conduct a general whole
sale and retail business in the manufac-
ture, purchase and sale of drugs chemi-
Gals, surgical and optical instruments and
appliances, patent medicines and patented
articles of any and all kinds alcohol and
alcoholic preparations. soaps, confectiou-
cry, perfumery and cosmetics any and all
articles for household or personal use, fan
cy articles and any other merchandise tina,
may be found to be profitable or desirable
to furnish and sell.
To own and dispose of patents and patent
rights, trade marks and copyrights, and to
| receive and sell upon consignment or COM
| mission any and all kinds of merchandise.
Third. That the capital to be employed
and actually paid in is seventy-five thou
sand dollars, and they desire the right and
power in said corporation to increase said
capital stock from time to time TO any
sum not to exceed two hundred thousand
dollars, and TO decrease the same after
such increase, from time to time to any
sum not less than seventy-fVe thousand
dollars, the original capital employed, suca
increase or decrease in the capital TO be IN
I
the said capital to be divided into shares
of one hundred dollars each
Fourth. That the principal office and
place of business of said corporation VII
be in Chatham county, state Of Georgia
but the corporation desires the right to es-
tablish and conduct branch houses in other
places in this state.
Fifth That in addition to the powers
above mentioned your petitioners desire
that said corporation shall have power 10
issue preferred and common stock and 10
affix to the preferred stock such prefer
ences, priorities and restrictions as the
directors may determine to be declared N
the bylaws and expressed in the certiA-
Gates of stock for the same.
To borrow money, to make and Issue
promissory notes and negotiable bonds or
other obligations and to secure the same
by deeds, mortgages or otherwise. To
and personal property as it may need or
desire for the purposes of its business 0,
to secure debts due and to become due and
owing TO il or for investment.
To hold and own stocks, bonds and other
securities
To have such officers and directors ana
to elect or appoint the same at such tunes
and in such manner as the stockhoidels
may prescribe by bylaws or resolutons'
stockholders who have paid up Their SUI
scriptions in fun to be in no wise haole
for the debts of the corporation
And generally to have exercise ana emu
all of the rights, franchise, powers anl
privileges incident and common to corp"-
atoms under the laws of this state.
Wherefore. your petitioners pray ulI'
they and their associates may be lncoipI
ated for the purposes, under the coropols'
name, and with all the franchises rlsH,1
and powers, and for the period atoTessa,
And your petitioners will every pray, CT"
SAUSSY & SAUSoA'
Attorneys for Petitioner
Petition for incorporation filed IN oH'''
this 18th day of September, 1899.
JAMES X. P. CARR
Clerk S. c., e y