The Savannah morning news., 1901-04-11
PETITION FoR rNConpoRArIoN.

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STATE OF GEORGIA, CHATHAM
COUNTY.-To the Superior Court of Said
County: The petition of John r. Young.
]. B. Chestnut, L. Mcneil, ]. P. Will
liams and B. F. Billiard respectfully
shows:
First. That they desire for themselves
and such other persons as may hereafter
be associated with them to be incorpor-
ated under the name and style of
NATIONAL TANK AND EXPORT
COMPANY"
Second. That the objects of their as
ISOLATION and the particular business they
propose to carry on, are as follows:
To manufacture, own, buy, sell, store
and generally deal in spirits of turpen-
tine, crude turpentine rosin, naval stores,
grease, tar, pitch, rosin oils and other
products of rosin, vegetable, animal and
mineral oils and other articles, appurte-
nant 10 said business, to erect and main
tain tanks for the storage of turpentine
and oils, and issue receipts against the
same, to compound and refine oils, TO
manufacture, own, buy, sell and deal in
barrels, slaves, headings, casks and other
articles in that line, to do a general ware
house, storage, export shipping and for
warding business, to own, buy and sell
real and personal property of every kind
and description, and to receive and sell
the same on commission, to act as broker,
factor or agent in the purchase, sale,
management or disposition of realty, or
of products, commodities, goods, wares
and merchandise of every kind, to adj
vance upon goods and personal property
stored, sums of money, TO buy and sell
exchange, to lend money on real and per-
sonal property, notes. bills bonds, deeds,
mortgages, collateral security, or other
chooses in action, or to negotiate such
loans for others upon such terms as may
be agreed upon, to subscribe for, pur-
chase, receive, hold, sell and dispose of
the stock, shares, securities or obligations
of other corporations whatsoever and
wherever located, to own, manage, reg
lister and dispose of trade marks, copy
rights and patents and to sell or assign
the same or any part thereof or to sell
or dispose of articles or products covered
by the same, or any rights growing out
of the same; to manage, own, control,
hire, charter, lease or operate vessels,
tramways, railways, dredges, lighters, en-
gines, cars or other vehicles used in the
transportation of articles or products
held, controlled, owned or manufactured
by said company and canals for the pur-
poses of such transportation or for drain
age, said corporation, however. not to use
said tramways, railways. canals. vessels
or cars for the purpose of doing the bust
ness of common carrier, to own, operate,
lease, hire, use and maintain docks,
wharves, elevators, presses, tanks and
machinery of every kind and to receive
profits and tolls therefrom, and general
ly to do and perform all acts and things
which may be necessary and proper for
Nd afr,.fe Of 10
said business, and in all of the said
branches.
Third The amount of capital stock to
be employed by said company, to be act
ually paid in, is to be the sum of twenty
five thousand $25,000) dollars, said capt.
tai stock TO be divided into shares of
one hundred 600 dollars 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 business of
said company will be Chatham county.
Georgia, but said corporation will do
business elsewhere i'm the state OF Geor-
gia and in the other states of the United
States of America or in foreign coun-
tries.
Fifth. Your petitioners ask in addition
to the powers hereinbefore set forth, that
theX snail De dQlnOElZcu ana tIIlIOWGiCu
as follows: To increase said capital stock
from time to time to any amount not
to exceed in all the sum of one million
Isl OOOOOO) dollars, to be divided into
shares Of one hundred ($100) dollars each
as aforesaid and to decrease said capital
stock from time to time similarly to a
sum not less, however than said first
named amount. namely, twenty-five thou
sand (s25O00 dollars, to SELL mortgage
sub-let. pledge, hire or convey the prop
erty of said corporation or any part
thereof at will, and to reinvest at pleas
ure to have agencies and employ and APP
point 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 carrying on of said
business, and furthering the ends of said
CORPORATION. I'm the discretion and judg-
ment of it's board of directors, TO bor-
row money and secure the same by mort
gage deed. collaterals. personal security
or otherwise and to issue bonds. deben-
lures, notes or other obligations therefor,
TO receive payment for capital stock sub
scribed for I'm money or In property in
the discretion and judgment OF the board
Of directors. 10 issue preferred and COM
mon stock 10 make contracts OF any kind
whatsoever for the furtheraDcc OF It's pur-
noses and business, including agreements
or contracts OF cO-partnershiD between
said corporation and any individuals or
other corporations IN any Of the lines Of
buslnefs Of this corporation. 10 make by
laws not inconsistent with the laws of
the lsnd and generally 20 have, exercise
ana enjoy the corporate powers and priv
iieger Incident 20 corporations under the
lsW s ~ Georgia
Ef0ckhoi9frs who have rsi1 their stock
aubfCripflons W fgll not ~ be liable Tor
any ~ me dfnfs ~ Esid corporations.
Wbsrffqfs. petitioners pray that they
$40 their associates may h0 Incorporated
fef che pgrDossf sf0feeaiq under fai1
eofp9rsff nsms fqr ihs term ~ tsspfy