Evening journal., 1913-12-06
CHARTER FOR
DEVELOPMENT
CO.NEXT WEEK
$3OO,OO Of One Million Copi-
tal Stock Already Sub
SCribed For
MONEY WILL BRING
INDUSTRIES TO CITY

The charter Of the Development
Company OF the Chamber OF Com
merce viii be sent TO Dover early
next week subscriptions amounting
TO 100000 OF the S1,0O0,000 capital
stock bonds were received, and the
inco-porators are men who volunteer
ed their services
Robert NJ pindell. Jr. in speaking
of the Development charter. said to-
day that as soon as the directors and
Chamber members learned OF the plan
they at once began subscribing TO the
capital stock. There are between
twenty and thirty incorporators,
who have signed the charter They
will be waited on by a notary public
on Monday in order to comply with
the law
The draft Of the charter was sub
mitted to the directors at the meeting
yesterday afternoon and approved
The charter in full follows.
Cert 'Gcation of Incorporation Of VII.
mington Development Company.
First. Tho name OF this corporation
/ Is Wilmington Development Company
Second. The principal Office anC
place of business in the State Of Del.
aware Is to be located in the City Of
Wilmington. county Of New Castle
The agent IN charge thereof Is VII.
mington Development Company
Three The nature OF the business
and the objects and purposes pro.
posed 90 be transacted. promoted and
carried on, are 10 do any or all OF
the things herein mentioned. as full,
and to the same extent as natural
persons might or could do and IN any
part OF the world. viz:
70 endorse the notes or guarantees
the payment OF the obligations OF IN.
dividuals. partnerships or corpora
tlons within the limitations herein
after set forth and 10 underwrite H.
sues OF portions Of issues of stocks
or bonds or other securities of cor
porations.
To acquire the good viii. rights an
property. and 20 undertake the who
or any part OF the assets or habiliti
OF amy person firm, association or 90
poration: to hold on in any manner
dispose OF the whole or amy part OF I
= property 40 purchased TO conduct
4 any lawful lna1mer the whole or a
part II amy rbdsincss 20 acquired and
exercise an the powers necessary
couvenient in and about the condl
: and management of such busicss
! 10 take. own, hold. deal IN, mortga
/ or otherwise lein and 90 lease. sell O.
change. transfer or ia any manner wha
ever dispose OF real property. within
without the State of Delaware, whcreV'
situated.
10 manufacture. purchase or acquii
i'm anv lawful manner and 10 hold owi
mortgage. pledge. sell. transfer or
any manner dispose of and TO deal AM
trade IN goods. wares. merchandise am
property of any and every class am
description. and in any part OF ih
world.
To apply for. purchase. OF In any
manner to acquire. and to hold, own
lusc and operate. or to sell or In any
4 manner dispose OF. and TO grant
license or other rights In respect OF
and IN amy manner deal with, any and
all rights. inventions, improvements
and processes used IN connection
with or secured under letters paten
or copyrights of the United States
or other countries. or otherwise, anG
Ito work, operate or develop the same
and to carry on any business, manu-
facturing or otherwise, which may b.
deemed TO directly or indirectly ef
fectuate these objects or any o
them.
To guarantee, purchase, hold, sell
assign. transfer. mortgage. pledge o
otherwise dispose of, the shares O
the capital stock OF. OF any bonds, Sc
Icurities or evidences of Indebtedness
issued or created by any other cor
poration or corporations Of this Stat
Continued on Second Page.