The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-12-19
PETITION Fon INCORPORATION.

STATE OF GEORGIA. COUNTY or
Chatham. To the Superior Court of
said County: The petition of Charles
A. Gbbcs, Arthur B. NJ. Gibbes
George A.. Mercer, Jr, G. G. Memmin-
ger respectfully shows:
First. That they desire for them
selves and such other persons as may
hereafter be associated with them. to
be incorporated under the name and
style of the Savannah Florida Phos-
plate Company.
Second. That the objects of their as
ISOLATION and the particular business
they propose to carry on are as fol-
lows The mining. digging, dredging.
shipping, buying and selling of phos-
phate rock and materials and other
deposits Of every character used In
the manufacture of fertilizers or
chemicals: the manufacture buying
and selling of and dealing in fertilizers
and chemicals and the materials there
for the acquiring by purchase or 9TH
erwise of lands rights In lands, facto-
ries, and such other property, real and
personal, as may subserve the proper
conduct of their business; the selling
mortgaging. leasing or In any manner
disposing Of their property as may be
deemed necessary or beneficial to tho
purposes Of their organization; the
purchasing, manufacturing, contract
ing for, owning, leasing and operating
machinery, apparatus, and such other
property and articles as may be usual,
and necessary in said business, or any
| branch thereof the acquiring. owning
| and disposing of trade marks, patents
| and copyrights; the owning. hiring
renting, leasing and operating of boats.
vessels, railroads, engines, cars and
| other means Of transportation, and
also docks, wharves and warehouses.
| when necessary or convenient to the
| conduct of it's said business or any
branch thereof (but not to be employ
ed in the business of common car
rier); and generally the doing OF all
things incident to. necessary and prop
er for the furtherance of said business
in all its branches, whether herein
particularly specified or not
Third. The amount of capital stock
to be employed by said company, 10
be actually paid in, is to be the sum
of 100000, divided into shares of 500
each, and to be paid in as called for
by the Board of Directors
Fourth. The principal office and
place for the transaction Of the bust
ness OF said company will be in Chat
ham county Georgia, but said com
pany will do business elsewhere in the
state of Georgia, and in the other
states of the United States of America
and in foreign countries.
Fifth. Your petitioners ask in addf-
ton to the powers hereinbefore set
forth that they shall be empowered as
follows: To increase said capital stock
from time to time to any amount not
to exceed 100000, to be divided into
shares of 800 each as aforesaid. and
to decrease said capital stock from
time to time similarly to a sum not
less than $4,000, to sell, mortgage
sub-let, pledge, hire or convey the
property of said company, or any part
thereof. at will, and to re-invest at
pleasure; to have agencies and employ
and appoint agents at such places in
this or other states of the United
States, or in foreign countries, as may
be requisite or necessary for the car
rying on Of said business, and further.
ing the ends of said corporation, in the
discretion and judgment Of its Board
of Directors; TO borrow money and TO
secure the same by mortgage, deed,
collateral, personal security or other
wise, and to issue bonds, debentures,
notes or other obligations therefor. to
receive payment for capital stock sub
scribed in money or in property of any
kind in the discretion and judgment
of the Board of Directors; to issue pre-
ferred and common stock, to make con-
tracts Of any kind whatsoever for the
furtherances of its purposes and bus
mess, including agreements and con-
tracts of copartnershp between said
corporation and any individuals or
other corporations in any of the lines
of business of this company; to have
the privilege of dissolving said conn
pany and winding UP its business at
any time on an affirmative vote of the
stockholders owning and holding not
less than two-thirds of the capital
stock Of said company at a meeting of
stockholders called for that purpose;
to make bylaws not inconsistent with
the laws of the land, and generally to
have exercise and enjoy the corporate
powers and privileges incident to cor
porations under the laws OF Georgia.
Stockholders who have paid their sub
scriptions in full not to be liable for
any of the debts of said corporation.
Wherefore, Petitioners pray that
they and their associates may be in
oorporated for the purposes aforesaid,
under said corporate name, for the
term OF twenty years, with privilege
of renewal at the expiration Of said
time. and with all the powers afore-
said. MERCER & MERCER.
Petitioners Attorneys
A true copy of the original. this Dec.
IL, 1901.
JAMES X. p. CARR.
Clerk S. c. G.. O., Ca
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