The enterprise-recorder. (Madison, Fla.) 1908-1933, 1909-03-18

! c. W. SINCLAIR.
". i" BoATwMGHr.
ARTICLES OF INCORPORATION or SIN.
CLAIR LUMBER COMPANY
! We the undersigned incorporates, do hereby
associate ourselves tosethe ioI WS w. I,,.s -
/ The state of Florida and do hereby make sup'
scribe "a and adopt the following aruct9 "i IN
CORPORATION as q charter for said corporation
sECTIONI.
| The name of this corporation shall be SIN
! CLAIR LUMBER COMPANY, and iis pTinci'
nj office and place Of business shall be At MADISON
Madison county, Florida, with such branch places
Of business IN the State Of Florida, or other states
| of the United States, as may be decided upon py
/ the board Of directors hereinafter named
SECTION II.
The general business to be transacted by this
| corporation shall BE- that II saw milling, turpen-
| timing and merchandising for proht dealing IN
buying selling, leasing and releasing lands, lim-
beT pine trees and all other varieties and Kinds OF
tres: erecting saw mills, saving and manutactuT'
! Jog an kinds Of rough and paned lumber, both
/ for pirate purposes and the public buying
and selling lumber for profit, whether as owner
or on comm ssion and as br5kcrsi manufacturing
and making and selling for profit, Of cross ties,
shingles barrels slaves, heading, lathiHg sashes
blinds, doors, md general line Of novelty WORKS
marketing and selling of WOOD and buying ana
selling for profit at wholesale ana RETAIL al Nhus
Of goods, wares and merchandise more piTuCulI'
/, dry goods shoes, hats clothi0g, etc, groceries,
hardware, queenswa.e, buggics, wagons, harness
ant al! kinds Of implements for farming, horses
mules and 1--we stock Of all description, whicf smd
above descrip ion shall embrace all kinds of per-
sona properly, and this corporation shall have the
power to deal in, Manufacture and sell the same
for profit. his cooperation shall have t'e power
10 conduct general brokerage business, 20 deal
IN stocks and bonds and 10 own other stock IN 9TH
er. corporations.
This corporation shall have the power 10 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 manufactu'e any and ell things
or TO engage in any and all business or lines of
business that may be incident 70, connected with
or necessary to carry out the objects intens and
purposes aforementioned, and at such times as may
be eNpedent
1t shall have, use and enjoy all of the rights,
powers and privileges granted 10 corporations Of
this character by the general corporation laws of
the State Of Florida.
SECTION III.
The capital stock of this corporation shall be
TWENTY. ONE THOUSAND DOLLARS, d.
vided into two hundred and ten shares OF the par
value OF One Hundred Dollars a share which
shall be paid for in money, or in lieu Of such pay
ment in money, the same or any portion thereof
may be paid for in property of any kind, the just
valuation TO be fXt BY the board or directors, and
subscribed and paid for In cash or commodi.
ties and property equivalent to cash, upon the or.
ganzation 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
have the right TO increase said capital stock under
The laws Of the State Of Flyrida, net to exceed
FIFTY THOUSAND DOLLARS.
SECTION ~.
The time for this Grafton shall exist shall be
Twenty Five Years, unless sooner dissolved &C
cording to law.
SECTION V.
The highest amount Of Indebtedness to which
this corporation shall be subject shall be TWIN
TH THOUSAND DOLLARS in such manner
and form as may be provided by the BY laws to be
adopted,
SECTION VI.
The business affairs Of this corporation shall be
conducted by a President, Vice President, and
Secretary, and Treasurer, which last position may
be held by and the same person; and the board
Of directors shall consist Of not less than three nor
more than five stockholders, The president and
the bnard Of directors shall be elected by the stock
holders at the annual meeting IN each year or as
soon thereafter as practicable, and the directors
and officers OF said corporation shall hold their OF
fee until their successors are duly qualified and
until tie first annual meeting Of the stockholders
OF the COZ poration the following named ncorporl.
tors shall be the officers Of and conduct the affairs
the said corporation. 9. W. Sinclair, President:
OF y. Hart Nice.President; w 7. Boawnght, |
Secretary and Treasurer; ana c. w, Sinclair, A |
Hart aad W. T. Boatwrlght, shall compose the |
board Of directors. The board Of directors shall |
have the power a any time before the first annual !
meeting TO adopt bylaws for the regulation If the
business Of said corporation.
SECTION VII.
TIE first annual meeting Of the stockholders Of
this corporation for the purpose Of elecng board
Of directors and o President, and the transac
OF such other business us shall properly come be-
fore q. stockholders thereof shall be held DO the
town Of Madison, at the of ces Of said corporation
on the first Tuesday in September 4. d. 1902 and
annually thereafter, or as soon thereafter as is
practicable,
SECTION VII.
The names and places Of residence Of the in.
corporator. who have hereto subscribed their
names, together with the amount Of capital stock
subscribed by e.gch, are follows.
g. W Sinclair Of Madison Fla, 20 Shares
\. Hart Of Oup,Couugton Co. Ala. 70 -hlrcs !
W. j. BoItwsht, Of OPP, Covington,
CorAI,, 7OShlres |
c. W SINCLAIR,
A. HART,
w +. BOATWRIGIT.