The Savannah morning news., 1903-02-11
PETITION OF INCORPORATION

FEAlI1ON OF INCORPORATION
STATE OF GEORGIA, CHATHAM
County.-To the Superior Court of SO
County: The petition of N. ], GiIIas Saiu
J.N. Motto, Jr., H. H. Livingston, IS
aore Israel, of Chatham county. Geor-
gla, Thomas Clarke, James A Cor
over and EN-. Delgado of Duval coun-
ty, Florida, respectfully showeth.
l. mat your petitioners desire for
themselves, and for such other person,
as may hereafter be associated WITH
them' 10 De incorporated, under the
laws OF the state of Georgia, under tba
name and style of THE N. ]. en-
LESPIE DRUG COMPANY"
z. mat said corporation shall exist
for the period of twenty (20) years and
shall have the privilege of renewal a.
the expiration of said period.
3. That the principal place of busi-
ness or said corporation will be in tba
county of Chatham, state of Georo-ia
but your petitioners desire the rieb3
for saidcorporation to have agents snS
onlces, and to do business in anv otb-
er place within, or without this state
when, in the judgment of its Board os
Directors, the interest of said cornor-
alton so requires.
4. That the amount of capital stocu
to be employed by said corporation
50
fifty thousand dollars ($5O. OO0. divided
into shares of the par value of ona
hundred dollars ($100) each; said cor
poratlon to have the right and poyUar
to increase said capital stock from,
time to time, in the discretion of it,
Board of Directors, to any amount no.
exceeding the sum of one hundred ana
fifty thousand dollars ($15O,OOO) and to
similarly decrease the same from tir9o
IN time in fba diSarafiav,
of Directors, to any sum not less than
the original capital stock of fifty thou
sand dollars ($50,000). Your petitioners
desire that lien be given to said
company upon all of the shares of said
stock of any stakeholder, who NAV ho
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.
3. That the object of said corpora
ton and the particular business il
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.
CD. To purchase and own, lease Or
rent, anywhere within or without the
limits of the state of Georgia. lands
warehouses, wharves, factories, build
lngs, 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 its
business; to make bylaws not incon-
siStent with the laws of the land: to
have corporate seal; to sue and be
sued and to generally do and perform
all acts and things incident to it's bus
mess: .e
(b). 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.
Petition for Incorporation filed in Of
flee Feb. 10, 1903
JAMES K. P. CARR,