Banking Alabama & Georgia Manufacturing Company. the acts, matters, and things, which may be necessary for manu- SEC. IV. That said corporation shall not exercise banking privprivileges ileges, but is authorized to carry the foregoing granted powers in-to execution, according to the true intent aad meaning thereof. prohibited. Borrowing or loaning money. SEC. V. That said corporation shal have power to borrow money on mortgage, or other security, and to loan out its surplus earnings on similar security, or mortgage, and to ordain such rules Defaulting and regulations with respect to stockholders who refuse to pay up any balance on their stock, as will compel them to pay upon penalty of forfeiting such stock to said corporation; provided, that no stockholder shall be liable beyond the amount of his, her, or their stock. stockholders. to dams, &c. SEC. VI. That said corporation shall have the right and priviPrivileges as lege to build, erect, make and preserve all dams, locks, canals, abutments, or other needful structures half-way across said Chattahoochee river, as may be necessary to give them the greatest amount of water power, and to use for that purpose the islands. contiguous to their lands for abutments and dams, and to erect all needful buildings on the east side of the river, and to carry on any and manufac of the business and manufactures, or any branch, or branches, of the same, in this State, that said charter authorizes them to engage in, or carry on in the State of Alabama, and generally to do all acts coming within the legitimate scope of their business and objects aforesaid, which usually belong to bodies corporate and poli Buildings tures. stockholders. tic. SEC. VII. That the private property of the stockholders shall Liability of be liable for the debts of said corporation, to the amount of their subscribed stock not paid in at the time any suit may be commenced. Capital stock. Taxation. Place of bus iness. SEC. VIII. That the capital stock of said Company shall be fifty thousand dollars, with permission to increase the same to one million of dollars, which stock shall be divided into shares of one hundred dollars each. SEC. IX. That nothing in this act shall be so construed as to prevent the Legislature from taxing the property of said Com-pany as other property in this State. SEC. X. That said corporation shall not organize and commence SEC. XI. That the place of business of said corporation shall Bucks Manufacturing Company. (No. 161.) An Act to incorporate the Bucks Manufacturing Company, in the County of Schley. Powers. SEC. I. Be it enacted by the General Assembly of the State of Georgia, and it is enacted by the authority of the same, That Nathan Respass, John R. Respass, Lindsey Killibrew, Thos. F. Rainey, Sam'l. H. Dunlap, and such other persons as may hereafter become associated with them, and their successors, shall be and they are hereby declared to be a body corporate and politic, under the Incorporated. name and style of the "Bucks Manufacturing Company," and by Name. that name shall be, and they are hereby made able and capable in law to have, purchase, receive, possess, enjoy, and retain, to them and their successors, lands, rents, tenements, hereditaments, goods, chattels, and effects, of whatsoever kind, nature or quality the same may be; and the same to sell, grant, demise, or dispose of, to sue and be sued, plead and be impleaded, answer and be answered unto, in any Court of law or equity in this State, having competent jurisdiction, and also to make and have a common seal, and also make, ordain, and establish, such by-laws, rules and regulations, as they may deem necessary and expedient to carry into effect the objects of the said Company, and the same to alter and amend at their pleasure; provided, the said by-laws, rules and reg- Proviso. ulations are not inconsistent with the Constitution and laws of this State, or of the United States. manufacture," SEC. II. That the said Company shall be, and they are hereby authorized to manufacture and finish all yarns and goods of which Authorized to wool and cotton, or other fibrous material, form a part, and to &c. vend their manufactures and other merchandize. May vend. Shares, SEC. III. That the capital stock of said Company shall be two hundred thousand dollars, to be divided into shares of one hun-Capital. dred dollars each, with the privilege of increasing the said capital stock at any time hereafter, as a majority of the stockholders may capital. desire, which increase, if made, is to be divided into shares as aforesaid, and shall not exceed five hundred thousand dollars. May increase to open books tion. SEC. IV. That said Company be authorized to open books for Authorized subscription for the stock of said Company, in such manner, and for subscrip at such times and places, as said Company may determine upon, and to require the payment, in the first instance, of such sum per share, as may be, by the said Company, agreed upon. and com SEC. V. That so soon as the one half of said capital stock of said Corporation shall be subscribed for, and ten per centum of the same May organize shall have been paid in to the Company in specie, or United States mence busiTreasury notes, or National currency, said Company may organize and commence business operations as contemplated in the second .section of this bill. ness when. Stockholders liable. Transfer of stock. Duration. Name. Bucks Manufacturing Company, and Carroll Manufacturing Company. SEC. VI. That the stockholders in said Company shall be liable in proportion to the number of shares held by them respectively for the debts and liabilities of said corporation, and in the event of a transfer of such stock, or any portion thereof, the person so transferring the same shall give notice thereof by publication in one or more of the public gazettes in the cities of Americus or Macon, at least once a week for the term of six months. SEC. VII. That said Corporation shall exist for thirty years, unless sooner dissolved by its own members, in which event due notice shall be given as in the preceding section. SEC. VIII. Repeals conflicting laws. (No. 162.) An Act to incorporate the Carroll Manufacturing Company. SEC. I. Be it enacted by the Senate and House of Representatives of the State of Georgia, in General Assembly met, and it is hereby enacted by the authority of the same, That William Amis, John M. Moyers, William P. Chilton, and Jet. S. Miller, and such others as may hereafter be associated with them, and their successors, be, and Incorporated, they are hereby made and constituted a body corporate and poli-tic, in fact and in name, under the style and title of the Carroll Manufacturing Company, and by that name shall be and are hereby made able and capable in law, to have, hold, receive, purchase, possess and enjoy, to them and their successors, all real and perreal and per- Soal estate, of whatever kind or amount that said corporation may deem necessary to carry all the objects of said corporation into full force and effect; and may sell, grant, or convey, or otherMead wise dispose of the same; and may sue and be sued, plead and be impleaded, answer and be answered, defend and be defended, in, all the Courts of this State having competent jurisdiction; to make, use, and have a common seal, and the same to break, alter and renew at pleasure, and to do all other acts incident to a body corporate and politic. May hold sonal estate. be sued, &c. Seal, Objects of ness. SEC. II. That the objects of said corporation shall be the corporation. manufacture of wool and cotton into thread and cloth, the manufacture of meal, flour, lumber, shingles, boards, leather, and shoes, and machinery of any description, or such branches or parts thereof as they may see proper to engage in. Said corporation may Place of busi-locate their place of business at or near Bowensville, in the County of Carroll, on Snake's Creek, and for the objects of the ration aforesaid, shall have and they are hereby granted the right Water and privilege of controlling the waters of said creek, by dams, creek. canals, races, or otherwise; and to secure their property against Many prevent loss by fire, and other injuries, they may prevent persons from fires near fac. Camping or building fires within two hundred yards of the factory. tory. building. Snake's of camping or of corpo ! Carroll Manufacturing Company, and Central Georgia Manufacturing Company. SEC. III. That the said body corporate shall have the power to prescribe the number of shares into which the capital stock of said Sha corporation shall be divided, the mode in which it shall be taken, paid, transferred and assigned, and also to provide the mode Dyy which stockholders may vote, and the number of votes to which Vote each share be entitled; and the rules adopted shall be uniform, equally securing the rights of each stockholder. and also to provide for the election of such officers as may be deemed necessary Klection for the government and management of the affairs of said corporation; to ordain, establish, and put in execution, such by-laws, Byordinances, and resolutions, as they may deem necessary or expedient for the government of said corporation, and not inconsistent with the Constitution and laws of the State of Georgia, or of the United States; and generally to do, and to execute, all and singu lar the acts, matters and things, which may be necessary for manufacturing. Destig SEC. IV. That said corporation shall have power to borrow Powerb money, on mortgage or other security, and to loan out its surplus. earnings on similar security, or mortgage, and to ordain such rules and regulations with respect to stockholders who fail or refuse to stockholm pay up any balance on their stock, as will compel them to pay, upon penalty of forfeiture, such stock to said corporation; provided, Prosio. that no stockholder shall be liable beyond the amount of his, her, or their stock. SEC. V. That the capital stock of said Company shall be fifty Capdeko thousand dollars, with the privilege of increasing it to two hundred thousand dollars; and it shall be divided into shares of one' hundred dollars each. SEC. VI. That the whole of said capital stock shall be subscribed and ten per cent. paid in, before said incorporation shall commence business. SEC. VII. That the principal office of said incorporation shall be located at Bowensville, in the County of Carroll, State of Georgia. Approved 12th March, 1866. (No. 163.) An Act to incorporate the Central Georgia Manufacturing Company ~ SEC. I. Be it enacted by the Senate and House of Representatives of the State of Georgia, in General Assembly met, and it is hereby enacted! by the authority of the same, That Andrew Low, Edward Padelford. John B. Ross, Isaac Scott, Charles A. Nutting, Pleasant M. Compton, William M. Wadley, Asher Ayers, William S. Holt, Thomas. J. Smith, Lloyd G. Bowers, and A. L. Maxwell, and their associate stockholders, and their successors, shall be, and they are hereby incorporate declared to be, a body corporate and politic, under the name and. Kame Bocation. Central Georgia Manufacturing Company, and Chattahoochee Manufacturing Company. style of "Central Georgia Manufacturing Company," for the purpose of manufacturing cotton and woolen fabrics, machinery, and grinding grain, to be located in any one of the Counties of this State, said location and place of business to be selected and agreed upon by the owners of a majority of the stock of the corporators herein named, which place of business, when agreed on, shall be advertised in one of the public gazettes of this State for three. months. SEC. II. That the capital stock of this Company shall, be fifty Capital stock. thousand dollars, which may, by a majority of the stockholders, be increased to one million dollars, to be divided into shares of one hundred dollars each. Shares. Act &c. incor SEC. III. That the Act passed and approved on the 27th day of February, eighteen hundred and fifty-six, and the amendments thereof porating Oc incorporating Ocmulgee Mills, of Butts County, be and the same made a part is hereby re-enacted and made a part of this Act to incorporate the Central Georgia Manufacturing Company. mulgee Mills of this Act. Commence business when. Corporators, Style, ers. SEC. IV. That said Company shall not commence business until the whole of the capital stock shall have been subscribe 1, and ten per cent of the same paid in, either in money or property. Approved 12th March, 1866. (No. 164.) An Act to incorporate the Chattahoochee Manufacturing Company. SEC. I. The General Assembly of the State of Georgia do enact, That James Metcalf, Elisha Trammell, W. P. Chilton, Lucius B. Loveless, together with such other persons as may be associated with them and their successros, be and are hereby made and constituted a body corporate, in fact and in name, under the style and title of the Chattahoochee Manufacturing Company, and by that name shall be and are hereby made able and capable in law to General pow-have, hold, receive, purchase, possess and enjoy to them and their successors, all real and personal estate of whatever kind or amount said corporation may deem necessary to carry all objects of said corporation into full force and effect, and may sell, grant or convey or otherwise dispose of the same, and may sue and be sued, plead and be impleaded, answer and be answered, defend and be defended, in all Courts having competent jurisdiction; to make, use and have a common seal, and the same to break, alter and renew at pleasure, and to do all other acts incident to a body corporate and politic. Objecta SEC. II. That the objects of said corporation shall be for the manufacture of wool and cotton into thread and cloth, the manufacture of meal, flour, lumber, shingles, boards and machinery of Place of bus- any description, or such branches or parts thereof as they may see proper to engage in. The place of business shall be at a place on iness, |