The Savannah morning news., 1903-09-12
PETITION OF INCoRPORATI0Y

STATE OF GEORGIA, CHATH AZ
County. TO the Superior Court of sai5
county. The petition of D. s ~
berger and c. L. Cliff of Sayann Us
Ga, Albert Gerst and Harry Nixdorf ~
Norfolk, Va, and Laura A. Girdwoo5
OF Asheville, N. c., respectfully shows,
First. That they desire for then.
selves and for such other persons ~.
may become associated with them to he
incorporated under the name and stvIa
of ''SAVANNAH-GEORGIA Lain
DRY COMPANY. y
Second. The object OF their assocfa-
ton, and the particular business thew
propose to carry on is as follows. ~
conduct, at Savannah. Ga. and alsa
where, general steam laundry busi-
ness the business of dyeing, cleaning
repairing and pressing clothes and orr
er articles; and generally anv othar
business, in connection therewitb
which the corporation may deem prof'
liable or advisable to undertake
Third. The capital to be enplovad
shall be not less than twenty thousand
dollars ($20,000), nor more than ono
hundred thousand dollars (S1OO 0OM a.
Vlded into shares of the par value of
one hundred dollars C$100) each. lives
ty thousand dollars ($20,00O) of said
capital is actually paid in. Within the
limits just aboVe-named the cornor,-
ton desires the right and AUTHORITY fo
increase or decrease it's capital stocE
from time to time in the discretion of
the stockholders.
Fourth. The principal place of bust.
ness OF the corporation shall be in Sa-
Vannah, Ga. but it desires the right
and authority to carry on it's business
and have offices and agencies therefor
III all parts of the United States
ruth. Petitioners desire to be in
corporated for a period of twenty (2M
years, with the privilege of renewing
their charter at the expiration of said
time.
Sixth. They further pray that in adj
dition to the rights and powers usually
incident to bodies corporate. said cor
poration shall be specifically empow-
cred as follows:
(a) To divide the capital stock in
its discretion. into common and pre-
ferred stock, the same to be issued at
such times, in such proportions and
amounts, on such terms and conditions
for such considerations, and with such
relative rights, powers, priorities and
preferences, Gncluding preferences in
the distribution of assets in case of
dlsolution) as may be deemed advisa-
BILE.
or other evidences of Indebtedness. and
secure the payment thereof in any man
ner determined upon by the board of
directors; to accept and receive in pay
ment for it's shares of capital stock,
common or preferred stock or both, and
for bonds that it may issue, realty
personality chooses in action, labor,
services, business good will, or other
consideration acceptable to the board of
directors.
(c) To buy. own, sell and transfer
stocks, bonds and securities of other
corporations, public or private, and ex-
ercise all the rights of ownership. in
Guiding the right to vote stocks that 1t
may own.
CD To have on it's board of directors
persons not stockholders of the corpo-
ration. --
Wherefore petitioners pray that they
be Incorporated as hereina bove set
forth.
ALEXANDER e HITCH.
Petitioners Attorneys.
Original filed in office Sept. II, 1903.
JAMES L. MURPHY,
Deputy Clerk. S. c.. C. c.