The weekly true Democrat. (Tallahassee, Fla.) 1905-1912, 1907-08-16
Proposed CHARTER OF THE

@. l. DAVIS.
PROPOSED CHARTER OF THE 'GwYNN TOBACCO
COMPANY"
The undersigned hereby associate themselves
together for the purpose Of becoming ineorpo-
rated and forming g corporation under the laws
of the State Of Florida, with the following pro-
posed charter:
D.. The name Of the corporation shall be the
Gwynn Tobacco Company" Its business shall
States Of the United States, and all foreign coun-
tries wherever necessary It's principal Office shall
be in Tallahassee. Florida.
II.
The general nature Of the business 10 be trans
acted by said corporation Is that Of planting Gull
tivattng and growing producing, curing, pack
ing, manufacturing, selling. buying and handling
leaf tobacco and all other farm products, con-
structing, building, buying. leasing and other
wise acquiring. selling, letting and otherwise dis
posing OF structures for shading tobacco and
suitable buildings, including warehouses and
packing houses, for curing, handling and pre7
pairing for market leaf tobacco and all other farm
products, as well as merchandise of any and every
sort kind and character, and saw and make buy
and sell lumber and other building materials; to
raise, buy and sell live stock Of all kinds; borrow
ing and lending money, with or without security;
issuing and selling bonds and other negotiable
instruments; buying and leasing or otherwise
curing and holding real estate; letting. selling
and conveying real estate; owning and operating
sawmillg; cutting, saving and manufacturing
lumber for all and any purposes whatsoever; and
conducting a general mercantile business and
doing all other things necessary proper to the
convenient and successful conduct Of the general
business Of the corporation
III.
The amount Of the capital stock shall be fifty
thousand dollars. TO be divided into one hundred
shares of Ave hundred dollars each ten per cent
Of which shall be subscribed and paid for before
the company shall transact any business. Any
Of said capital stock may be used in the purchase
Of real and personal property, or in payment Of
laoGT; at Just valuation 10 be hNed by the Board
of Directors at meeting TO be called for said
purpose
The term for which said corporation shall exist
shall be n!nety-nine years.
, ".
The officers Of said company 90 transact said
business shall be the President, Vice President,
General Manager, Secretary and Treasurer. and
than three and not more than eleven. The office
Of Vice President and General Manager may be
held by the same person, and likewise that Of Sec
may be changed at any time by Bylaws. The
Directors shall he elected by stoc holders at each
nesting. All other officers shall be elected an
nually by Directors. Annual meetings Of the D-
reetors and stockholders shall be held on the first
Tuesday In October IN each year; but said date
shall meet on the twelfth dag Of September. A. ID.
1907. at the Office OF said company. at 10 O'Clock
a. m, for the purpose Of adopting By-Laws, hold
ing the first annual meeting for the election Of
officers and completing its orga nzation. Until
the officers at the first annual meeting shall be
qualified. the business shall be conducted by the
following persons: r. G. Gilmore, President; C. Il.
Gwynn, Viee-Presidsnt and General Manager.
and G.. n. Gwynn. Secretary and Treasurer and q
Board Of Directors composed OF +. C. Gilmore G.
B. Gwynh. G. H. Gwynn. F. M. Phillips and G. l.
Davis.
VI.
The highest amount Of indebtedness or liability
at any time Ahall not be more than $4,000 (ffty
thousand dollars).
VII.
The names and residence Of subscribing incor-
porators. together with capital stock subscribed
by each, shall be rs follows:
Name. Residence. Amount Of Stock
y. C. Gilmore Tallahassee
..-.-.-..--- $50 2Shsres $1,000 90
:. g.. -. IL Shares GOOO 90
-. :, - - l2 Shares 5000 90
..-.-'-,..,-,.. -. ~ shares 5000 90
-. = ''----~.-..- 2shares 1000 90
Subscribing lncorporators