The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1899-11-22
AbbevilIe Enterprise at Ath ems.

We notice from the Athens Banner that
some Of our fellow-citizens are going into Dig
enterprises at Athens, Georgia. While we re-
gret for Abbeville to loss anything, yet we
congratulate our neighboring city on gaining
such valuable acquisition to their manufac-
turing interests as the capital and business
tact which will be furnished by Messrs. j..
Allen Smith, w. Joel Smith, Amos B. Morse,
and John M. Harden. lin the advertisement
the names Of the first named two incorpo-
rators are printed "Allen Smith, and M.
Joel Smith," but we presume 1t was intended
to print the names OF Messrs. J. Allen Smith
and w. Joel Smith
Abbevile can Ill afford to spare any Of her
resources, and there Is demand for other man.
ufacturlng establishments.
The following is a declaration OF Intention
by our fellow-citizens:
Georgia, Clarke County.-To the Superior
Court OF said county:
The petition OF Allen Smith, M. Joel Smith
Amos B. Morse, John NJ. Harden ana Jonn j..
Strickland respectfully snow:
PARAGRAPH I.
That they desire to be incorporated under
the name of the Athens OH and Manufactur-
ing Co., and that charter be granted accord
ingly to them and their successors Tor term
of twenty years, Win Tue privilege VI Icuo~al
at the expiration OF that Time.
PARAGRAPH II.
The object of said corporation is to build
and operate oil mills; 10 build and operate Ice
plants; to build and operate ginneries; TO
manufacture and sell fertilizers, and do any
and all other kinds Of manufacturing they
DESIRE Also to operate mercantile business
in connection with said mills. Also to de-
yelop water power and establish electric
plants and steam plants, one and all, for their
own use, and 10 furnish motive power 10 otn.
ers for compensation. Also to have the right
TO lease or rent their motive power OF what
ever kind they see ut 10 use from others II
they SO desire. Also TO buy, improve and sell
real estate. Also 70 BUY ana SCI! persona
A lso to engage In warehouse business. Also
to lend money and discount bills. notes and
mortgages. And TO do any and all things
necessary In and about the SAID business, LOT
the purpose OF making the same a success. .
PARAGRAPH III.
The capital to be employed by them, cash
paid in, 10 be twenty thousand dollars, with
the privilege of increasing The capital stock
to fifty thousand dollars, or any part thereon
at any time the holders OF majority OF me
stock may think proper, but to be done only
at stockholders meeting hold for that pur-
pose, after thirty days written notice has
been given each stockholder.
Said stock to be In shares OF one hundred
dollars par value each. So soon as the stock
has been paid In, certificates thereof shall be
Issued to each stock holder for the amount 80
bald, In all stock holders meetings, each
share OF stock represented by It's owner or an
agent with written proxy shall be entitled 10
10 one vote.
PARAGRAPH Nv.
The principal office and place Of doipg BUS
mess shall be Athens. Clarke County, Ga,
but with the privilege Of = establishing
branches of said business at any other place
or places In the State OF Georgia.
PARAGRAPH v.
That they have the right to PURCHASE, lent
or lease any other mills. machinery or plants
OF like character and operate the same, or
purchase stock in the same or do one or both.
That they likewise have the right TO lease or
rent to another any or all OF their own prop
erty. but this not to be done except by the
authority of majority OF the stockholders
at meeting held for that purpose
PARAGRAPH VI.
That they have the right to purchase and
own such real estate as they may need, and
to erect any buildings thereon they think
necessary.
PARAGRAPH VII.
That they have the right to mortgage their
property or issue bonds secured by mortgage,
but this shall not be done except at meet
Ing OF the stock holders called for that pur-
pose, OF which each shall have at least thirty
days notice, and then to be done only by
majority vote Of all stock issued.
PARAGRAPH VIII.
That they have all the rights and privileges
com mon to all corporations, and the right TO
do any and all things they may desire IN the
furtherance Of the purpose OF this corpora
tion, which is not In conflict with law.
PARAGRAPH TX.
The officers OF said corporation shall con.
sist of a president, treasurer and secretary
and board of directors consisting OF not less
than three nor more than five. The ofhces OF
president and directors shall be filled by
stock holders. The offices OF secretary and
treasurer may be filled by the same person. II
the stock holders desire.
PARAGRAPH X.
The officers herein provided for shall be
elected by the stockholders at the time OF
organization, and annually thereafter on such
date as may be fixed by the bylaws.
PARAGRAPH XII.
The stockholders shall have the right to
max and adopt such bylaws az they may
think advisable, consis tent with this charter,
and the law OF the state, and provide therein
| for compensation for the various officers and
the manner OF changing such bylaws and all
| other matters and things necessary 10 the
welfare OF the corporation.
Wherefore, petitioners pray that this peti.
tion be filed and a copy published IN terms ol
| the statute, and the charter granted.
| Strickland & Green,
Petitioners Attorneys.