The Savannah morning news., 1903-09-17
CITY GOING FORWARD
RECORDS SHOW THE LAST NINE
MONTHS TO HAVE BEEN
PERIOD OF PROSPERITY.
TWICE AS MANY IN CORPORATIONS
AS DURING ENTIRE YEAR 1902.

Capital stock Employed Nearly Six
Times as Lnrge-In 1903 Nearly
Two md n Half Million Dollars
Has Been Invested in New Enter
prises-FOr Same Period Last Year
Less Than Half n Million Was
Employed.
One of the most infallible indications
of the prosperity of Savannah and her
commercial progress during the past
year, is shown in the record Of charters
in the clerks office of the Superior
Court During the first nine months
of 1908 the number of charters granted
to corporations to do business in Chat
ham county has been double the num-
Der during a corresponding period in
1902, and the amount of the capital
stock employed by these corporations
is nearly six times as great.
The amount of capital stock repre-
scented by the corporations which have
sprung into existence this year is ST.
300, 800. The amount for the same
period of time last year, from January
greatest increase in the history of the
county. The number of charters grant
ed has been very much larger. Where
as forty-two charters have been grant
ed so far this year, there were not near
that many granted during the whole of
the year 1902 and not half that many
granted during the corresponding
period of nine months. The number for
1903 is AZ, while for 1902 there were 20.
Many Applications Pending.
The largest corporation formed in
1902 was the Savannah Dry Dock and
ShipbuiIding Company, with capital
ization of $50O,00 which was invested
with corporate powers in September
and therefore does not figure in this
comparison. The figure is, however,
offset by the petitions for charter
which are now pending, and which
will be granted during this month.
Among these are the Philip Hano Com
pany, capitalized at $250,000, and the
Chatham Realty Company, with a cap
italization of $15O,OO0. Besides these
there are many others pending.
Deputy Clerk Joseph Carr, who has
charge of the recording of the char
leTS III the superior OOuIli says lIldI
the number granted this year will
eclipse those for any former year. 1t
will be noticed from perusal of the
names of the corporations which have
been incorporated within the past nine
months that a great many of them
are commercial corporations. AS the
commercial advantages of Savannah
grow more apparent, through the eff
forts of the Chamber of Commerce,
1. s1I, aF he
tions which sprang into life this year,
it is expected that the number of cor
porations which seek a home in Chat
ham county will grow corresponding
ly.
The names of the concerns which
have been organized during the past
nine months, together with the capt.
talization of each where capital is en-
ployed, is here given:
Charters Recently Granted.
Wylly-Gabbet Company, 1920, OO0;' The
Warsaw Ice and Light Company, $780,,
000 the Southern Paving Gravel Com
pany, 1000; Shulhafer Insurance
Agency, $4,000; Planters Rice Mill Com
pany, $4,000; the Gillespie Drug Com
pany, $4,000; Savannah Crockery and
Hardware Company, $4,000; Hartfelder-
Garbutt Company, $4,000; Peoples Ice
and Cold Storage Company, $50,000 Sa-
vannah Blow Pipe and Exhaust Com
pany, $4,000; the Woledge- Philpot Com
pany, $4,000; Neal-Blun Company,
change of corporate name; Seaboard
Cotton Oil Company, $50, 900; Louisville
Distilling Company, $500; Mutual
Grain and Supply Company $4,000; In
terstate Military Rifle Association, no
capitalization; the Peoples Investment
Company, $50,O0O Apartment Hotel
Company, 100000; Robinson Lumber
Company, $4,000; the Commissary
Company, $4,000; the Chamber of Com
merce no capitalization; McDonough
Lumber and Phosphate Company, ST.
100000; the Gardner Turpentine Tube
Company. $4,000; the Fidelity Invest
ment Company, $4,000; London Savan-
nah Naval Stores Company, $50, 900;
Southern Railway Supply and Machin-
cry Company, $4,000; Pembroke Land
Company. $4,000; Savannah Rice Mill
Company, amendment to charter: Jun
Tor Order United American Mechanics
Building Association, $1,000: the Wal
kerr Mulligan Company. $4,000; South
Carolina Game Company, $3.50, 900:
Rhodes Haverty Furniture Company
100000; Sumner Lumber Company, $5,-
600