The Savannah morning news., 1903-02-25
PETITION OF INCORPORATION

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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-
", 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"
= mat said corporation shall exist
Tor the period of twenty 600 years and
shall have the privilege of renewal az
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 its Board of
Directors, the interest of said corpor-
alton so requires.
4. That the amount of capital stock
to be employed by said corporation.
actually paid in, will be the sum of
my bLOuSdllu uOlldIS NS0U,UUU), divided
into shares of the par value of one
hundred dollars ($1OO) each; said cor
poration 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 and
fifty thousand dollars ($150,000) and to
similarly decrease the same from time
to time in the discretion of its Board
Ff Aaf
the original capital stock of fifty thou
sand dollars ($50OOO). 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
3. 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
lctnes, 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.
OBJ. 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 ana 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 a corporate seal; to sue and be
sued and to generally do and perform
all acts and things incident to its bus
mess:
(b). The right, power and authority
to borrow money, to issue it's 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:
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, I'M
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
fee Feb. 10. 1903.
JAMES K. P. CARR,
Clerk S. c., C. c., Ga.