The enterprise-recorder. (Madison, Fla.) 1908-1933, 1908-11-12

ANllNlE IL
Section !. The general nature Of the business to
be transdcteL by this corporation shall b. to manu-
taCuTe lumber, shingles, ltths and all other timber
products. whether as owners, hrSkeTs or on com.
mission and to buy and sell, own, lease, rent and
improve real estate and &C. mortgage or incum Der
the same and TO take mortgages, to make contrlCts
Of kind to further it, purposes and business in
terests, to loan and to borrow moneN and give and
take notes, mortgages, bonds and other obligations;
TO do a general merchandise BUSINESS and 10 make
ADVANCES on lands timber or timber products.
This corporation shall have the right to contract
and 20 G contracted with and 20 conduct general
brokerage business, 70 own stock in other pora-
tons or own an int rest ~ any other business Il
shall have the right 20 make or manufacture any
and aii things or engage IN a7y and all lines Of
business that may bg incident 10, connected with
or necessary TO the carrying out the objects, intent
and purposes aforementioned add at such times and
places as may be deemed eNpedieut,
II shall have, use and enjoy all Of the rights,
powers and privileges granted 10 corpor ltions Of
m, character by The general incorporation laws Of
the State Of Florida.
ARTICLE III.
Section /. The capital stock Of Il is corporation
shall be Fifteen thousand (sl5 600 40 Dollars
divided INTO one hundred and nifty shares, each
hare Of the par value Of One Hundred 500.
90 Dollars, TO be paid m by the subscribers IN
cash o. other personal property or real estate IN
such sums and AZ such times as may be required by
The DO ID Of directors or by the bylaws, but such
corporation shall have the right 10 Increase it.
capital sack to Fifty Thousand Dollars so GOO
Section =. should any part Of the capital stock
subscribed Ne paid m personal property or real
estate, the price Of the same shall first be agreed
upon By the board Of directors.
ARTICLE ~,
Section J.. The cor crate existence Of This CORN.
ration shall begin at e issuance of Letter. Patent
| and shall terminate ninety pine year, thereafter.
ARTICLE V.
Section Tie business Of ,his corporation >hs,
| b. managed and CY1dlVtrd rs a President, Vice
| Prcsidcu., and q secretary, and Treasurer and
board Of directors Of not less than three nor nor,
than seven and by such officers AMI agents as the
board If directors may provide for from time tc
! time.
Section .. The duties Of the President, Vice
| President and Secretary and Treasurer and such
/ other officers may be provided for, shall be such
| as usually appertai1 TO those Offices, unless other,
wise provided for by the bylaws Of this corpora
1 ton
Section 3, The time, place and manner Of call
ing and holding meetings Of the stock holders anC
directors, except when regulated by lay or by IN,
charter, shall be fixed in the bylaws OF the corpo
ration. The election Of the directors shall be b,
ballot, each stock holder 10 be entitled 70 one yotj
for each share Of stock owned by him.
Section 4. The officers who are 10 manage anS
conduct the business and affairs Of this corporation
until those elected al the first election shall be J
c. West President; J. NJ. West, Vice President