The morning news. [volume] (Savannah, Ga.) 1887-1900, 1900-03-20
PETITION FoR INCORPORATION.

GEORGIA, CHATHAM COUNTY.-To
the Superior Court of Said County: The
petition of Mrs. Marie f. Branch, Ham,
ilton NJ. Branch and Henry J. Sutcliffe,
all of Chatham county, Georgia, and Mrs.
Margaret b. Sexton of Charlotte n. c.,
respectfully shows: 3
First That they desire for themselves
their associates and successors, to be in
corporated for term of twenty COO years
with the privilege Of renewal at the end
of such term under the name and style of
THE S. w. BRANCH COMPANY"
Second. That said company's principal
place of doing business will be in Savan-
nah, Chatham county, Georgia, but your
petitioners desire said company to be au-
thorized to do business at any other place
within or without this state whenever IN
the opinion of it's board of directors the
extensions and exigencies of its business
may require.
Third. The objects of your petitioners
association and the principal business thew
propose to carry on under said corporate
name are as follows: The doing of the
business of wholesale and retail grocers
and dealers in groceries, provisions hay.
grain, vegetables, coffee. tea, sugar, spices
fresh and cured meats canned goods
WHISTLES, Wines cordials, liquors. tobacco
cigars and cigarettes, and all articles and
things usually kept and sold by those en-
Sa8ed III Sucn businesses. also general
commission and factorage business in
merchandise and articles of all kinds; also
the business of general merchandising or
dealing in any and all articles of mer-
chandise; and the doing of all matters
and things usual in, incident to, or neces-
sary and convenient for the conduct of
any or all of the businesses aforesaid
Fourth. For the purposes of said bust
ness petitioners desire for said company
the right and authority to own, improve
lease and rent, purchase. sell and dispose
of real and personal property and securi-
ties and stocks of all sorts and to borrow
money, issue bonds evidences of in5eht
edness and promissory notes, without Sc
curity or with security by way of mort
cages, deeds 10 secure debts bills of
sale, transfers or pledges, or otherwise
Fifth. The amount of capital stock to
be employed in said business and to be
actually paid in will be the sum of eight
cen thousand dollars C$1SO0W, divided into
shares of one hundred dollars (s1ON each.
but petitioners desire that said corDora
ton shall have the right and power of
increasing said capital stock from time
to time to any amount not exceeding
fifty thousand dollars ($oOOOO whenever
in the opinion of its board of directors
such increase may be deemed necessary
or proper, and with the right and power
similarly. of decreasing said Increased
capital stock from time to time to env
amount not below said original amount
of $1S,00000
Petitioners desire that lien be given
to said corporation upon all of the shares
of any stockholder who may be indebted
to said corpora ton with the right 20 sell
and dispose of such stock or such nor
ton thereof as may be necessary 10 NV
| off such Indebtedness and that the cor
poration be given the right to refuse to
| transfer such stock until full pavnent of
| GuPh indebtedness
| lien, right and power be embodied IN the
| certificate or certificates of stock issned
| and to be issued.
Petitioners also desire that the mower
| of stockholders to sell and transfer their
| stock shall be further limited a foIlo1vs,
| Stockholders desiring to sell any or ell Of
| their stock shall give their co-stockboId
ers the hrst option to purchase the Same
| and shall sell to them, or any of them
| all such stock at the price they are bona
fde offered for said stock by one not
stockholder.
| Sixth. Petitioners desire that the ri,bt
Of dissolvng said corporation and Winding
| up its business at any time on a vote ~
the stockholders owning and holding NOT
less than two-Hhirds GA of the cenitaI
| stock, at a meeting of stockholders called
| for that purpose, written notice of which
shall be mailed 20 each stakeholder ar
least ten Q0 days prior to such meetfng
may be embodied in the charter of ia
| company
| Wherefore, petitioners pray that an or
| der may be passed declaring this ennlt.
cation granted. and that your petitioners
| their associates and successors. be incor-
porated under the name. with the objects
| and for the purposes and for the time
aforesaid and with all such rights, powers
ana PRIVILEGES as are above set forth. and
al such others as are usual or incident
TO corporations of like character
DENMARK, ADAMS &, FREEMAN.
Attorneys for Petitioners
f1led in Office of the clerk of the Su
perior Court of Chatham county, Georgia
This 18th day of March. 1900
JAMES K. P. CARR.
Clerk Superior Court, Chatham COUNTY
| Georgia