The Savannah morning news., 1903-02-18
PETITION OF INCORPORATION.

STATE OF GEORGIA, CHATHAM
County.-To the Superior Court of said
County: The petition of n. ]. Gillespie,
J.W. Motto, Jr., H. H. Livingston. Isa-
dore Israel, of Chatham county, Geor-
gia, Thomas Clarke, James A. Con-
over and EN-. Delgado of Duval coun-
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 the state of Georgia. under the
name and style of THE n. ]. GIL
LESPIE DRUG COMPANY"
?. That said corporation shall exist
for the period of twenty (2O) years and
shall have the privilege of renewal at
the expiration of said period
3. That the principal place of bust
ness of said corporation will be in the
county of 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 it's Board of
Directors, the interest of said corpor-
alton so requires.
4. That the amount of capital stock
to be employed by said corporal ton,
actually paid in, will be the sum of
fifty thousand dollars $3.50, 000), divided
into shares of the par value of one
hundred dollars (s100 EACH said cor
poration to have the right and power
10 increase said capital stock from
time to time, in the discretion of it's
Board of Directors, to any amount not
exceeding the sum of one hundred and
fifty thousand dollars $3.50, O0O) 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 ESQ 10000. Your petitioners
desire that lien be given to said
company upon all of the shares of said
stock of any stakeholder, who may be
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.
s. 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 st1oh
business; to carry on wholesale, retail
jobbing and commission business in the
lines aforesaid; and generally to do al
acts and things necessary and proper
for the carrying on, furtherance and
maintenance of said business in all OF
it's branches.
OBJ. To purchase and own, lease OF
rent, anywhere within or without the
limits of the state of Georgia, lands
warehouses, wharves, factories, build
ingS, 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, sublet. assign
or convey the same at will and to re-
invest at pleasure.
8. In addition to the powers neces-
sary for carrying out the purposes
above set forth, your petitioners ask
IndI SAID corporation nave the right
power and authority:
(a). To make contracts of any kind
whatsoever, in the furtherance of its
business; to make bylaws not incon-
sisteny with the laws of the land; tc
have a corporate seal; to sue and be
sued and to generally do and perform
all acts and things incident to it's bus
mess:
(b). The right power and authority
to borrow money, to issue its notes, OF
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, personally, chooses in action
money, labor or services:
Cd. 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 fol-
the purposes above set out, and with
all the rights, powers and privileges
hereinbefore set forth.
DAVID c. BARROW,
Petitioners Attorney.
Petition for incorporation filed in Of
fee Feb. 10. 1908.
JAMES K. P. CARR,
Clerk S. c., c. c., Ga.