The morning news. [volume] (Savannah, Ga.) 1887-1900, 1900-05-03
PETITION FOR INCORPORATION.


STATE OF GEORGIA, CHATHAM
COUNTY.-To the Superior Court of said
county: The petition of William Kehoe,
John H. Estill, b. H. Levy, John G. But
Ter, E. l. Okarna, Charles Marks, Charles
F. Fulton and U. II. McLaws. all of said
county of Chatham, respectfully shows:
First. That they desire for themselves,
their associates and successors, to be in
corporated for a period of twenty years,
with the privilege of renewal at the end
of that time, under the name and style Of
THE OKARNiA SHOE MANUFACTURE
ING COMPANY.
Second. That its principal place of bus
mess will be in the county of Chatham,
state of Georgia, but that they desire that
1t shall have the right to do business any
where In this state or in the United
States, and the right to have offices and
agencies at any point in this state or In
the United States.
Third. The objects of your petitioners
association and the principal business they
propose to carry on under said corporate
name are as follows: To manufacture
and sell shoes. boots and other articles
made from leather or other suitable ma
terial; to operate stores or warehouses or
both, and such commissaries. at such
places as may be necessary or convenient
for the purposes of said business; to bor-
row money with or without security by
way of personal Endorsement, pledge or
transfer of personal property, or by deed,
mortgage or other lien; to own, rent, lease,
improve, sell or otherwise dispose of real
property; to own, operate or control
tannery for the purpose of tanning hides
and skins, and to own, buy and sell leath-
er, hides, shoes and personal property Of
all kinds, stocks securities and chooses in
action; to build such tenant houses and
rent or lease the same. as may be thought
advisable or necessary; to rent or lease
power and space or either, as may be ad-
visable, and generally to manufacture and
deal in all such articles as may be thought
necessary and proper for the pecuniary
interest of said corporation.
Fourth The capital stock of said cor
poration will be fifty thousand dollars d.
vided into shares of one hundred dollars
each, but petitioners desire that said com
pany shall have the right and power to
increase said capital stock, from time TO
time, TO a sum not more than five hun
bred thousand dollars, in the discretion
of its board of directors and a two thirds
vote of all stockholders
Fifth. That said company shall have the
right TO decrease its capital stock from
time to time. to a sum not less than fifty
thousand dollars, as its board of directors
may determine
Sixth That said corporation will not be-
gin business until 10 per cent. of said cap
ital stock, or five thousand dollars has
been actually paid in. and stockholders
who have paid up their stock subscriptions
in full shall not be responsible for the
debts and liabilities of said corporation.
Seventh. Petitioners desire for said cor
poration, in addition TO the rights, powers
and privileges above set out, all other
rights powers. privileges and authority
incident, under the laws Of Georgia, to
corporations of like char lcter.
wherefore. petitioners pray an order in
cooperating them, their associates and
successors under the name aforesaid, for
the term aforesaid, and with the rights,
powers, privileges and authority above set
out, and all such others as may be Incl
dent, under the laws of Georgia, TO cor
porations of like character.
U. II. M'LAWS, Attorney for Petition
ers.
Filed in the Office of the clerk of the
Superior Court of Chatham county, Geor-
gia, this 4th day of April, 1900.
JAMES K. p. CARR,
CLARK g q q Ga