The St. Lucie County tribune. (Fort Pierce, St. Lucie County, Fla.) 1905-1920, 1907-05-17
rrurn>rp ARTICLES OF lNCoRPoKA '''
off THE sol III FLORIDA I'A''oN
COMPANY.

..,... u.f.,.isrcl hereby a'soc@" Uv,,ii' COW.
,.'.N,. f,r the purpose Of beeom'iF nlu.J, Jar
..,.. ..ultl. laws Of the Stalr 81 ! 'EGil"',iur
.t..',,...rlr OF business under 'h' lo'''"'''
''''.''. AR1ICLEI
...,.r,.. ..t this corporation shall be the H9uli
..'.. .. .,a,iou Company and lIS prihvPn' ~
.,f ......ut bushes, shall nc AZ Jc'i IS,ii,
.. ,,ioi, of ~ Lucir IN the STATE o. p' .,t.
"a E'.,rl offices at such other places W any, w,
..... me- Stat" Of FLORIDA =, ,,t '''''''''
,..r.,.ry may hereafter designate
ARrlCLElI
rl. y,rpml nature Of the business ~ o on y wa.
.'.IN. Incorporation shall be EaD'' a," 81,
Transportation business WIN an y, rnnrations
ana ruvcr- Conferred By law upon corpo'"', arJ
M ....i ir ,E. above mentioned business n,u
,.,'n.au,b, lawfully implied from inc ''"''
AM. .,slruf IN. corporation ........ ., .,,r.
', rh,rumpany shall have the power 20 80,
,,. Iu,.t,. construct edulP, olt'"tv 81 81 Inra
..' . .arJ from some point on the >" 'iu''
..., ,r.,r the Nor,h line Of Dade County anu ~
,'f.,.,, r &, westerly direction through el'hei ~
....., u,de County or both, distance apou'
.v.,..f,.H,r l2ii miles 20 Lake OkeeThoucc WI
..rh branches amt extensions mo wy ,rnntary
.tr,rrut ,o said Lake Okeechobee ana trlV ul
.,..'t,.r. "A. may hr deemed advisable bE tne poaIu
- DIr.rtors And the company Shh nave w
urWor Co purchase lands, timber or umocl lN.',
and o. mortgage pledge, lease or 70 cohNe& WI
same many manner ur'lhc" "u' 'S"o'' ~ Wv
dI l.. Incidental to its principal business the
r,rirnr,. shall haze the right 20 construct na'h'
,n.r nuI npcratr telegraph and telephone hueS
along the right NJ way of IT, canals ana wafer,
WAYS with such branch lines as may u dee'''
advisable hy the Boari Of Directors
,l The company shall have the right 70 acquire;
I.H own improve. mortgage, lease ana sen Ica'
estate for ans purpose useful IN or lh'luehla' l."
the prosecution Of the companys business 10 &C.
guIrr. own. use, pledge, sell or dispose VI W M
manner a. individuals bonds stocks or notes ol
her clrporat ions or individuals engaged IN any
I.sinp,- similar to it, own; to sell, mortgage OF
I,a.ea all or any part of its property or frahchNt
tu. ur % consolidate with any company charter"'
I'd, du a business similar or Kindred To us own
And to purchase lease, or otherwise acquire 'he
bands stocks franchises or other property OF OF
belonging 10 such company. To borrow money
and incur debts 70 evidence its Indebtedness hS
bonds. notes or other obligations IN wrtlnH. anu
To- secure the same by mortgage or pleiRe Oh any
or all Of the property and franchises then owned
u~ thereafter acquired by the company, BONDS
may bee secured b. means of mortgage or trust
deed conveying the property and franchises To one
oI more trustees
Id IN addition to the rights and powers herein.
before enumerated, the company shall possess all
the powers granted to corporations under Sections
g>u3 2NOi gsUj. 2NO1, 2s0s 2S0s oslo, 2sll, 2Sl2,
2,l3. 4 2.2O Of the General Statutes Of the State
Of Florida and all powers and privileges incident
tu CORPORATIONS OF Ike character. Inc tnuHtTa'
tun Of specific powers not to be construed TO limit
or uhrdge such other powers as are or may be in.
vested in the company by the laws Of the State of
Florida.
ARTICLE III.
The capital stock Of the corporation shall be
live hundred thousand dollars $500. 000l consist.
ing Of five thousand shares Of the par value Of one
hundred dollars each, Said stock shall be payable
I'm property labor services, or money as the in
corpoHtors or directors may decide AZ a meeting
called FOR such purpose; and property, labor or
services may be purchased or paid for with capital
stock, should the Board Of Directors 50 decide at
such meeting or meetings.
ARTlCLElV.
The term for which this corporation is to exist
,ha.. be nine hundred and ninety.nine years.
ARTlCLEv.
The business Of said corporation shall be man.
AGED and conducted by the president vce-presi.
dent, secretary and treasurer and general man.
apur and such other officers as the Board of Di.
rector. may determine upon and one and the same
person may hold one or more offices. The Board
ut Directors shall consist Of not less than five nor
more than eleven directors to be chosen at the
regular annual meeting Of the stockholders. which
meetings shall be held on the second Monday in
February Of each and every year Until the first
regular meeting 10 he held on the second Monday
Of February, a. D 1905 the business Of the cor.
p"atnn shall be transacted and conducted By the
following named officers. to-wt:
II " BESSEY President
II, +. SEWALL, Vice.Pres.
HARRY JENNINGS, Secretary
HARRY JENNINGS, Treasurer.
.,, CROSBY THOMPSON, General Mgr.
And thc following Board Of Directors to-wit.
II, W. BESSEY,
X, D.. HOKE
II, +, SEWALL
T. W. WlLLES,
HARRY JENNINGS,
{. II. RACEY.
II. T.. Ol.DS,
me meet ngs Of the direc tors may be- held M
-Irh plarc- a. may be- fixed by the bylaws or bro.
'ldri by resolution Of the board.
ARTICLE VI
l.e hFheat amount of indebtedness or liability
,r men lhe corporation can at any time subject
'-tli shah be two million dollars
ARTICLE VII
The names and residences Of the suhscrih.r.
?"d the amount Of III" capital stock subscribed fo,
h' each are a3 follows. to.wit. '''
NANLS RysIDpScpS No
II