The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-03-04
PETITIoN oF INcoRpoRArInn

STATE OF GEORGIA, CHATHAM
County.-To the Superior Court of said
County: The petition of N. ]. Gillesnie
J.W. Motto, Jr, H. H. Livingston, Iss,
dore Israel, of Chatham county, Geor-
gia, Thomas Clarke. James A. Con
over and EN-. Delgado of Duval conn
ty, Florida. respectfully showeth.
l. That your petitioners desire for
themselves, and for such other persons
as may hereafter be associated with
them, to be incorporated, under the
laws OF tne state OF Georgia, under the
name and style of THE N. ]. GIL
LESP1E DRUG COMPANY
z mat said corporation shall exist
Tor the period of twenty (20) years and
shall have the privilege of renewal ar
the expiration of said period.
g. That the principal place of bust
ness OF said corporation will be in thA
county or Chatham, state of Georgia
but your petitioners desire the right
for saidcorporation to have agents and
offices, and to do business in any 9TH
er place within, or without this state
when, in the judgment of its Board Of
Directors, the interest of said corpor-
alton so requires.
A. That the amount of capital stock
to be employed by said corpora ion
actually paid in, will be the sum Of
IL.
into shares of the par value of one
hundred dollars ($10O each; said cor
poratlon to have the right and power
to increase said capital stock from
time to time, in the discretion of itS
Board of Directors, to any amount nor
exceeding the sum of one hundred ana
nifty thousand dollars ($15O, 0OO) and to
similarly decrease the same from time
to time in the discretion of its Board
of Directors, to any sum not less than
the original capital stock of fifty thou
sand dollars 100000. Your petitioners
desire that lien be given to said
company upon all of the shares of said
stock of any stakeholder, who NAV he
indebted to said company, with the
right to sell. or dispose, of such stock
or such portion thereof as may be nee,
essary to pay off such indebtedness.
and that the corporation be given the
right to refuse to transfer such stock
until full payment of such indebted
ness; provided that notice of such lien.
right and power be embodied in the
certificate of stock. when issued.
). That the object of said corpora
ton and the particular business it
proposes to carry on is as follows:
(a). To manufacture, purchase, sell.
own and deal in, drugs, medicines.
chemicals, extracts, syrups, soaps,
toilet articles, perfumery, confection-
airy, articles for personal or household
use patent medicines. proprietary med
icines, patent articles of all kinds. and
all such other preparations, articles
and things, of whatsoever description.
as are usually traded in by druggists
chemists and pharmacists; to buy, sell.
own, lease, hire or otherwise control
patents, patent rights, copy rights and
trade marks, in connection with such
business; to carry on wholesale, retail.
Jobbing and commission business in the
lines aforesaid; and generally to do all
acts and things necessary and proper
for the carrying on, furtherance and
maintenance of said business in all of
its branches.
(b). To purchase and own, lease or
rent, anywhere within or without the
limits of the state of Georgia, lands
warehouses; wharves, factories, build
1ngs, machinery, and franchises and all
rights and privileges hereunder, and
other real or personal property neces-
sary or convenient for said business;
and to sell, mortgage, sub-let. assign
or convey the same at will and to re-
invest at pleasure.
6. In addition to the powers neces-
sary for carrying out the purposes
above set forth, your petitioners ask
that said corporation have the right,
power and authority:
(a). To make contracts of any kind
whatsoever, in the furtherance of it's
business; to make bylaws not incon-
sstenr with the laws of the land; to
have a corporate seal; to sue and be
sued and to generally do and perform
all acts and things incident to its bus
mess:
OBJ. The right, power and authority
to borrow money, to issue its notes, or
other obligations therefor, and to Sc
cure the same in any manner that may
be determined by the Board of Direc-
tors:
(c). To accept and receive, in pay
ment of subscriptions to capital stock,
realty, personality, chooses in action,
money, labor or services:
Id. The right and authority to en-
joy and exercise all such other powers
and privileges incident to private cor
porations for business purposes, under
the laws of this state.
Wherefore your petitioners pray that
they and their associates, successors
and assigns may be incorporated, un-
der the name, for the period, and for
the purposes above set out, and with
all the rights, powers and privileges
hereinbefore set forth.
DAVID c. BARROW,
Petitioners Attorney.
p Petition for incorporation filed in Of
flee Feb. 10, 1903.
JAMES K. P. CARR,
Clerk s c. C. c. Ga