The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-06-25
PETITION OF INCORPORATION.
sTATE on GEoRG1A. CHATHA


STATE OF GEORGIA, CHATHAM
COUNTY.-To the Superior Court of
Said County: The petition of Horace
p. Smart. Samuel Herman, George II,
Warner and William Kehoe. all of said
county and state, respectfully shows:
First. That your petitioners desire,
for themselves and such other persons
as may be hereafter associated with
them, to be incorporated under the
laws of the state of Georgia as a body
polite and corporate, under the name
of the GEORGIA DREDGING COM
PANY.
Second. The principal place of bus
mess of said corporation shall be in
the county of Chatham and state of
Georgia; but said corporation desires
the right to establish and conduct
Branch offices in such other places in
the state of Georgia, and in the United
States, as its board of directors may
from time to time deem proper.
Third. That said corporation shall
exist for the period of twenty years
from the date of its Incorporation and
shall have, the privilege of renewal at
the expiration of said period.
Fourth. The object of said COR
poration is for business purposes, and
the particular business which they pro-
pose to carry on is as follows:
(a) To do a general dredging bust
ness in the rivers and waters of the
state of Georgia, and such other states
or foreign countries as they may from
time to time desire; to purchase, lease,
or build, construct and repair dredges
and other vessels, and water craft of
every description;
CD To erect, own and maintain ma
rine railways, drydoeks, workshops
and all other buildings, machinery and
plants requisite or suitable to any of
the purposes aforesaid;
(c) TO erect. own, maintain and OPP
crate appliances for unloading yes
sells of any character at wharves, and
for the storing and taking care of and
distribution of freight and eargoes on
wharves;
Cd To do a general stevedoring bus
mess, and to own and operate the nee
essary tools and appliances therefor;
(e) To build wharves, and to pur-
chase, own, lease, build, operate and
maintaA, wharVes, warehouses, and
other buildings and lands necessary
therefor; and to conduct a wharfage
and storage business and to charge
wharfage and storage.
% To do a general lighterage, tow
ing, salvage and wrecking business,
and to own, operate and maintain such
vessels and other appliances as may
be necessary for such purpose;
(g) To operate lines of barges be-
tween ports in the United States or in
foreign countries;
CHI To purchase, or otherwise ac-
quire. and to own, use and control all
such real estate lands and water
rights as may be found necessary and
convenient to transact or facilitate it's
hnGinnCCs IN
wise acquire all such property, real or
personal, as may be found necessary
or convenient to it in the transaction
of it's business; and generally to 50
conduct its business in all its details
in such manner as may be most adj
vantageous to it. .-,
Fifth. Said corporation shall have
the following powers. to-wit: The
right and authority to enter into con-
tracts, and generally to do and perform
all acts and things 'inddent to the OBJ
jects and business of said corporation
as hereinhefore set out; to have a cor
porate seal;e to sue and be sued in it's
corporate name and capacity; to
make bylaws not inconsistent with
the law, and prescribe therein the
place or places where the stockholders
and directors may respectively hold
their meetings, either within or with
rectors and officers. of said corpora
ton, their number, qualifications, til
ties and terms of office; with the right
and authority to borrow money, and to
incur debts, and to evidence its in
debtedness by coupon bonds, or other
obligations in writing, and to secure
the same by deeds of trust or mort
gage to and on all its property and
franchises, or any part thereof; the
-
enjoy, in addition to the powers herein
set out, all other powers and privileges
incident to private corporation for
business purposes as are prescribed by
the laws of Georgia.
Sixth. The capital stock of said cor
poration to be employed actually paid
in shall be fifty thousand dollars. The
said capital stock shall be divided into
shares of one hundred dollars each, and
each stakeholder shall be entitled TO one
vote for each share OF stock held in
his own name, and may vote in person
or by proxy duly appointed. And said
corporation shall have power, by a
majority vote of its stockholders, to
increase its capital stock at any time
from said sum of fifty thousand dol
lars to any sum not exceeding five
hundred thousand dollars; and after
any such increase of said stock shall
have power and right to reduce the
same at any time to any sum not less
than fifty thousand dollars.
Wherefore, your petitioners pray
that they and their associates, and
successors and assigns, may be incor-
porated under the name aforesaid, for
the period and purposes aforesaid, with
all the rights, powers and privileges
as aforesaid.
And petitioners will ever pray.
LAWTON & CUNNINGHAM
Attorneys for Petitioners.
/ hereby certify that the foregoing is
a true and correct copy of the orig
inal petition for incorporation filed in
the clerks Office of the Superior Court
of Chatham county, Georgia. this 18th
day of June, 1904.