The enterprise-recorder. (Madison, Fla.) 1908-1933, 1909-04-01
c. W. SINCLAIR.
a. HART,
W. 7. BOATWRIGllT.
ARTICLES OF INCORPORATION OF SIN.
CLAIR LUMBER COMPANY.

ARTICLES OF INCORPORATION OF SIN.
CLAIR LUMBER COMPANY.
We the undersigned incorpora.ors, do hereby
associate ourselves together for the purpose Of
forming corporation IN pursuance of the laws Of
the State Of Florida and do hereby make sub
scribe % and adopt the following articles ofin-
corporation as a charter for said corporation
SECTlONI.
The name Of this corporation shall be SIN
CLAIR LUMBER COMPANY, and ITS princi.
pal office and place Of business shall be at Madison
Madison county, Florida, With such branch places
Of business the State Of Florida other States
Of the United States as may be decided upon by
The beard Of directors hereinafter named
SECTION II.
THE gc7eral business to be transacted by this
corporation shall be that II saw milling, turpen-
timing and merchandising for profit, dealing In,
buying, selling, leasing and releasing lands, TIM
bcr pine trees and all other varieties and kinds Of
trees; erecting saw ills. saving and manufactur-
lng all Kinds Of rough and planned lumber, both
for pr' ate purposes and r the public, buying
and selling lumber for profit, whether as owner
OF OF commission and as brokers; manufacturing
and making and selling for profit Of cross ties,
blinds, doors, md general line Of novelty works
marketing and selling of wood, and buying and
selling for profit, at wholesale and retail, all kinds
Of goods, wares and merchandise, more particular
" dry goods, shoes, hats clothing, etc. groceries,
hardware, queensware, buggies, wagons, harness
anf all kinds Of implements for farming horses
mules and live stock Of all description, which said
above descrp ion shall embrace all kinds of per.
sonal properly, and this corporation shall have the
power 70 deal in manufacture and sell the same
for profit. This corporation shall have tie power
to conduct general brokerage business, 20 deal
In stocksSnd bonds and to own other stock in 9th
err corporations.
This corporation shall have the power to acquire
and hold real estate lease rent, improve mort.
gage, cucumber and sell the same
This corporation shall have the right to do, per.
form, make and manutactu G any and all things,
or to engage in a7y aud all business or lines of
business that may be Incident 70, connected with
or necessary 70 carry out the objects intents and
purposes Aforementioned, and at such times as may
be .eNpedient.
II shall have, use and enjoy all Of the rights,
powers and privileges granted TO corporations of
this character by the general CORPORATION laws Of
the State Of Florida.
SECTION III.
The capiLd stock Of this corporation shall be
TWENTH-O THOUSAND DOLLARS. di.
vdcd into two hundred and ten shares Of the par
value Of One Hundred Dollars q share, which
shall he paid for in money or in lieu Of ,uch nav
mrut n money, the same or any portion thereof
may be paid for In property of any kind the lust
valuation 20 he hN by the DO I'd or directors and
httv per cent Of the said capital stock shall I've
subscribed and paid for IN ca or commodi.
les and property eqmvalcntto cash, upon the or.
ganzatfon OF this corporation, and the balance OF
said capital stock shall be paiG when and in such
manner, and amounts, as the board of directors
shall direct and SAID corporation shall at any time
nave The right 10 Increase said capital stock under
the laws of the State Of Flsrida, net tu ryrerd
FIFTY THOUSAND DOLLARS.
SECTION ".
The time for this corr grafton shall exist shall b,.
twenty siye Years, unless sooner dissolved &C.
SECTION V.
The highest amount of Indebtedness, 20 which
this corporation shall be subject shall he TWIN
TN THOUSAND DOLLARS in such rnanner.
ard form as may be provided by the bylaws to be
SECTION VI.
The business affairs Of this corporation shall he
conducted BY President, Vice President ana 4
Secretary, and Treasurer which last position MAY
DC hsld oy one and the same person; and the board
OF directors shall consist Of not less than three nr
more than tve stockholders The president and
the board Of directors shall be elected by the stock
holders at the annual meeting In each wear, or as
soon thereafter as practicable, and the directors
and officers Of said corporation shall hold their az
nee until their successors are duly qualified. and
until tie hrst annual meeting of the stockholders
OF the COT poration the following named incorpora.
tors shall be the officers Of, and conduct the airs
the said corporation; e. ". Sinclair President.
Ct a; Hart, Nioe'Presidenl; w; T. Roatwrght,
secretary and Treasurer; ana c. w. Sinclair "A
Hart and w. T. Boatwright, shall compose he
board Of directors. The board of directors shall
have the power at any time before the first annual
nes,ung 70 ADOPT bylaws for the regulation Of the
business OF said corporation,
sRCTloNvu.
TIE hrst annual meeting Of the Stockholders "a
this corporation for the purpose Of elecing hoard
OF directors and President, ADD the transaction
fore q stockholders thereof, shall he held In the
town OF Madison, at the Offices Of said corporation
on The hrst Tuesday In September A. ID. 1909, and
annually hereafter or as soon thereafter is
SECTION VIII.
The names and places of residence Of the in
corporalors who have h, reto subscribed their
names togeher with the amount Of capital stock
sao Hl9eS ir eaeh. Are AZ follows.