The Palatka news. [volume] (Palatka, Fla.) 1905-1908, 1907-03-29

/ The name OF this Corporation shall be
CASTLE TIMBER 4 NAVAL STORES
COMPANY, and its principal place OF bust
ness shall be at Long station. Putnam
County. Florida.
/ ARTICLE II.
The general nature Of business or bust
nesses of this Corporation shall be the buy
/ ing. selling, leasing. operating, controlling
/ and holding OF pine timber lands and cyp-
/ reSs timber lands, and other lands in the
state OF Florida. The purchase. sale, manu-
| facture and manufacturing. cutting and
saving OF pine lumber and logs ana cypress
( lumber and logs. The manufacturing, max
/ ing, buying ana selling of turpentine, rosin,
| naval stores and by-prOducts Of the same.
1 The owning. building, buying. running and
( operating of mills. buildings. tram and
steam roads and turpentine stills. and the
altering and repairing of the same, The
/ buying and selling of all kinds of merChan-
disc, The buying, selling, holding and i'm
/ proving OF all kinds of real estate, and the
| buying, holding and selling any other
property in the state OF Florida, in the
United states OF America. or in any foreign
country. and to do such other business a.
may be necessary al any time.
ARTICLE III
The amount OF Capital stock of this Cor
poratiOn shall be fifty thousand dollars !;
and its said Capital stock shall be divided
into five hundred shares, and the par value
Of each share OF said Capital stock shall
be one hundred dollars. said Capital stock
being all subscribed. ten per cent of same
has been fully paid in, and said shares Of
said Capital stock shall be worcestershire.
ARTICLE N.
This Corporation shall continue to be and
exist perpetually unless dissolved according
TO law,
The business or businesses of this COrpu-
ration shall be- conducted and managed BY
President. a Board of five Directors, "a
Secretary Treasurer, and General Man
ager.
The Directors shall be elected by the
stock HOlders at each annual meeting. and
which annual meeting of said stock H old
ers shall be held on the first Tuesday in
March of each and every year, and said Di-
rectors shall hold their offices for the term
Of one year, or until their successors shall
be duly elected and qualified.
The President. Secretary, Treasurer and
the General Manager. shall be elected by
the Board Of Directors from among the
stock Holders except the President, who
shall be chosen from the Board of Directors,
at a meeting held immediately after the ad
!ournment Of each annual meeting of the
stock elders. and said Officers shall be
elected for the term Of one year, or until
their successors shall he duly elected and
qualified.
The preliminary business or businesses Of
this Corporation is TO be conducted 10y W.
II. Cook, President. and K. c. Middleton.
General Manager. both of Pomona. Florida.
and W H. Ellis OF PatteviLle. Wisconsin.
and Fred Wins, Treasurer. OF Quincy, ILL.,
nOis, or by q majority OF the same. until
>uCl time as this Corporation shall he leg
ally organized and chartered according 10
the laws OF the State OF Florida. and it,
first annual meeting held. at which annual
meeting AN election OF the permanent
officers. a. are provided for in the Bylaws
and the Charter Of the Corporation. will b.
held.
ARTICLE VI.
The highest amount ofindebtedness of liza
Mlty TO which this Corporation can Mt any
time, subject itself shall he one hundred
thousand dollars {Iu1nmp1y,
ARTICLE VII.
The names and residences of the subscrib-
ers of thi, Corporation and the number Of
Shares Of stock subscribed for by each are
As follows;
W. H. Cook. Pomona, Florida. thirty
shares Of said stock.
K. e. Middleton, Pomona, Florida. one
hundred and fifty shares.
W. H. Ellis, Platteville, Wisconsin. thirty
shares.
Fred Wins, Quincy. Illinois. nifty shares
e. H. Castle, Quincy, Illinois. fifty shares.
c. Z. Cook. Pomona. Florida. thirty shares
william Viewers. quincy. Illinois, TWEEN /.
ty shares.
@. c. Alvers. Pomona, Florida, one hun
george H. a. Fisk. Pomona, Florida. /
twenty shares.
o. ". Ottrrson, Pomona, Florida, twenty
shares.
W. II. COOK.
K. @ MIDDLET 7
W. II. ELLIS.