The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1905-07-19
LEGAL ADVERTISEMENTS.
NOTICE OF INCORPORATION.

NOJlce Is hereby given, That on the
Sd day Of August, q. d. 1905. applica-
ton will be made by A. A. Ericsson,
w. II. Tharp, Leo. S. Mas. J. L. Nc
Kinley. d. A. Frank. and Rudolph
Richards, to the Governor of the State
Of Florida. for letters patent incor.
pOrating the Pensacola Development
q Construction Company, under a
charter in words and figures follow
ing:
Tho name of the corporation shall
be PENSACOLA DEVEL &
CONSTRUCTION COMPANY, and its
principal place of business Pensacola,
Escambia County, State OF Florida.
3.
The general nature Of the business
or businesses to be transacted is 10
buy, own, sell and deal in real estate,
to improve the same fOT resale, 10
lay out and plat towns and villages
and streets and alleys and avenues
therein, construct sewerage systems.
water works. gas and electric light
works; to operate and maintain stores,
cOmmissaries. warehouses, wharyes
and bridges; to buy, own, sell, operate
and maintain boats, vessels and fe'-
Ties; 20 loan money, take securities;
&c construct, erect and maintain fac
tories of all kinds, build and contract
TO build houses and buildings and other
utilities and improvements, and main
tain and conduct hotels, restaurants
and lawful places of amusement; and
10 do and perform all other acts incl
dent or convenient TO, or usual or
necessary in. the carrying on of the
business herein specifically mentioned
or enumerated.
The amount of capital stock author
lied at Twenty-twoA Thousand Five
Hundred Dollars 1922 ,50OO0). divided
into shares of the par value Of Ten
Dollars $4,000 each, payable in law
ful money OF the United States; ten
(10) per cent. of which is to be paid
in cash upon receipt of letters patent,
and the balance to be paid within thirty
800 days thereafter.
4.
The corporation shall exist for the
term of ninety-nine (99) years.
5.
The business or businesses of the |
corporation is to be conducted by a /
President, a Vice-PTesident and a Sec.
rotary and Treasurer, and a Board OF
six 90 Directors, who shall be elected 4
al the annual meeting Of the company
10 be held at Pensacola on the first I
Monday in September Of each year,
and, until the first election of officers,
the names of officers who are to con-
duct the business or businesses of thu 4
corporation are A. A. Ericsson, Presi-
dent; w. II. Tharp, Vice-President; d. /
A Frank, Secretary and Treasurer; !
and those three together with Leo S. 4
Mas, J. Z. Mckinley and Rudolph
Richards, shall constitute the Board of
Directors.
g.
The highest amount of Indebtedness
or liability to which the corporation /
can at any time subject itself. is One
Hundred Thousand Dollars (S1OO,-
O00.00.)
The names of the subscribers are as
follows:
Leo. S. Mas, Selma, Alabama. who
subscribes for 224 shares; J. E. Nc
Kinley, Selma. Alabama, who SUBJ
scribes for one share; A. A. Ericsson, |
Selma, Alabama, who subscribes for l /
share; D. A. Frank, Selma, Alabama,
who subscribes for one share; W. H. /
Tharp, Selma, Alabama. who sub
scribes for 1 share; Rudolph Richards.
Selma, Alabama, who subscribes for
~ shares.
A. A. ERICSSON,
W. H. THARPE,
LEO. S. MAS,