The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1902-01-09
GEORGIA-Fulton County

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GEoRGIA-Fulton County.
To the Secretary of the State of the State Q
Georgia:
The petition of H. NJ. Atkinson, p. $. Ark
wright, r. Il. Cullinane, 5. J; Bradley, N. B.
Lipscomb, F. NJ. Sisk q. W. Brine, ], g.
Rossman. j. r. Hunter and w B. Stovall, all
of Atlanta, Georgia, shows that they desire
for themselves, their associates, successors and
assigns. 10 be in corporated as street and
suburban railway company under the name
of the GEORGIA RAILWAY AND ELECTRIOJ
COMPANY. The length of said road will be
about one hundred and forty miles, as near as
same is to be through the streets of the city of
Atlanta, and upon the public roads and pri-
waite rights of way of said company in the
counties of Fulton and DeKalb; also through
the towns of Edgewood, Decatur, East Point,
Oakland City, in said counties, with the right
hereafter to extend its lines to. in and through
the city of Marietta and the county of Cobb,
and such other towns of said counties as said
Railway company may desire.
Said corporation desires power to purchase
and own existing lines to construct their
own lines, upon the following streets in the
following named places In the city of At
lanta, upon Edgewood Piedmont Highland,
Angler, Euclid, Moreand and Ponce de Leon
avenues: Peaehtree, Decatur, Marietta, Eliza
beth Hurt, Boulevard, Jackson, Pryor, Hous-
ton, billiard, CORTLAND. Pine. Fourteenth,
Tenth, Broad, Luckie, Spring, Powers, West
peachtree Linden. Gray, Simpson, Lambert,
Mitchell. Nelson, Tattnall. East and West Hun
ter, Walker, Peters, Leonard, Ella. Ashby, Cor
don, Alabama, Park, Lee, Smith, Crumley,
Pulliam' Clark, Washington, and ormond
Capital, Central Park, West End. Lucille,
Lake, Jones, Madison and Trinity avenues +;
Waverly Place, Fair, Frazier, Forsyth. Church,
Burns. South Boulevard, Grant, Cain, Orme,
Mills, Gallatin, Ellis, irwin, Sampson, McLen-
don, Cooper, Richardson, Mcdaniel, Glenn,
Davis, Magnolia, Chestnut Haynes, Chapel,
Clarke. Kelley, Hell, Rock, Elliott Walton,
Alexander, Kenneey, Howell, Ivy Juniper.
Bass and Crew streets: Atlanta Hemphill
Dodd, Augusta, Green's Ferry, Oglethorpe,
Glynwood, Hendricks, Auburn, North and For
est avenues.
In the town of Decatur: North Railroad ay-
enue, Court streets or square. Oak. Broad Me-
Donough, Ansley, Haddock, Atlanta and De
pot streets.
In the town of Edeewo0d: On McLendon
street and Decatur road
IN Oakland City Through Forrest Park and
through Oakland City toa point opposite the
East Point along the East Point public road
The said right To build and construct. own
or operate to apply to any part or all of said
streets or parts thereof in the discretion ofsaid
company, and the said company to have the
right 10 construct, own, build. purchase and
operate its lines of railway upon the public
roads of said three counties hereinabove named
and upon any and all other streets and parts
of streets in said city of Atlanta, or other
towns and cities in said three counties the pur-
pose being to purchase and acquire or builCl
and construct, and maintain and operate n
complete system of street and suburban rail
roads for the purpose of transporting persons
and property in the cities and towns of At
lanta, Decatur, Edgewood, East Point and Oak
land CITY and in the cohntieS of Fulton and
Dekalb with the right of extension as afore-
said, and to connect the various towns and
various points in said counties with each other,
and with such other, points to which the same
may be from time to time extended. They de
sire power also to purchase and own, construct
or build and maintain and operate, any of
their lines, or of their works. power houses
and necessary structures, upon private lands
or rights OF way, and the same to acquire by
purchase or contract, or by the exercise of the
right of eminent domain and condemnation.
They desire also the power to own and oper-
ate electric plants, and furnish electric lights
and power; also to own and operate steam
heating plants and to buy, own hold and use
property necessary or convenient to the eXer-
else of such powers and all others that it may
possess, and to have Hall the powers i'm these
respects specified by the laws of the State of
Georgia, and particularly those in resDect TO
electric railroad Companies together with the
right TO use and occupy the streets, roads and
avenues and public places in the cities towns
and counties where they may operate, or to
condemn property for the purpose of erecting
and maintaining their said lines for the tran
mission of said light heat and power, subject
to the provisions in regard to such use or CON
demnation as are provided in the law for the
incorporation of railroads
The capital stock of said corporation shall be
THREE MILLION DOLLARS, of which at
least three hundred thousand dollars may he
preferred stock with the right to increase the
amount of either said preferred or common
fstock, or both. in the manner provided by law
or the increase of capital stock of railroads
the terms and limitations thereof and the
rights and privileges of such preferred stock
over the common to be such as ere fixed in the
resolution authorizing the issue of such pre-
ferred stock, and said corporation may If it
sees fit, make classes of such preferred stock
Said corporation may retire or decrease said
capital stock TO any extent not less than the
minimum herein prescribed.
l. The place where the principal office of said
corporation is to be located will be the city of
Atlanta, Georgia.
The term of existence of said corporation.
and of the continuance CT its rights powers
and privileges, shall be one hundred and one
years, with the right of renewal and continu-
ance thereafter as may be provided by law
Said corporation may at any time during its
existence however, by majority vote Of its
entire stock, wind up its business. dissolve and
surrender its charter. Said corporation shall
also have the right 10 sell, dispose Of assign
transfer and convey all or any part of its prom.
erty, privileges and franchises at any time
when authorized by majority in amount of it.
stockholders.
Petitioners intend in good faith to go for
tward without delay to secure subscriptions tC
he capital stock, acquire or construct euuip
maintain and operate said railroads They re
quest to be incorporated under the laws of this
state applicable to the incorporation of street
and suburban railroads. with all the power,
specified in the Code of Georgia providing for
the incorporation OF railroads as contained in
sections 263 to 2l794 inclusive of the Civil Code
of 1895, together with such additional powers
as are conferred specially upon electric street
railroads, as contained in sections 21s1 to 21Sl
inclusive of said Civil Code of 1895 The cor
poration to be be formed will have the right to
apply for and accept by majority vote of its
shareholders any additional powers or amend.
mentS to it's charter, whether fundamental or
immaterial, and whether conferred, or to be
acquired, under general laws of special acts
They have given four weeks notice of their
intention to apply for this charter, by the pub
licaton Of this petition sin the newspapers in
which the sherH's advertisements are pub
| lished in each of the counties of Fulton. De
kalb and Cobb, once a week for four weeks
before the filing thereof.
Il. NJ. ATKINSON, +. : SISk.
p. :. ARKWKIGHT, g. W. BRINE.
t. y. CULIINANE, J, q. ROSSMAN,
u