The enterprise-recorder. (Madison, Fla.) 1908-1933, 1909-08-05
OF INCORPORATION OF, THE
MARRELL. lOMNsON y COMPANN.

The undersigned hereby associate themselves
and become incorporated under and by virtue Of
the laws Of klonda, regulating the creatoui or.
ganizauon and management Of corporations for
profit, and do hereby accept such laws their or
ganic law and do adopt the following as their Ar
uces Of incorporation;
ARTICLEI.
Section !. The name Of the corporation shall
be the HARRELL, JOHNSON 4 COMPANY.
Section 2. The general office and principal pla,e
Of business of the corporation shall be in the town
Of Madison, couEty Of Madison and State Of Fiori.
da, but such branch Offices, agencies and places Of
business may be established elsewhere as the board
of directors shall from time 70 time determine upon
ARTICLE II.
Section !, The general nature Of the business
to be transacted by the company shall be TO
buy and sell live stock, buggies and wagons har-
n S. grain and hay, and the doing Of all such acts
and things as may by The board of directors be
deemed necessary proper and e. pedient 10 be done
in the carrying on OF such business 10 the best ad'
vantage,
Section 2. This corporation shall have, use and
enjoy all the rights, powers and privileges granted
O. corpora tons for profit under the laws Of Florida
and the corporation shall have the right to pur'
chase, acquire, hold, use, mortgage or otherwise
cucumber, sell and consey any real estate or per-
sonal property deemed BY the board Of directors
necessary or advantageous to be purchased, ae'
CURED, held, used morigaged or otherwise encum'
bered, SOLE or conveyed by the corporation in con-
necuon with its said business.
ARTICLE III.
The capital stock of this corporation shall be
FIVE THOUSAND DOLLARS, divided into
fifty 800 shares each share 70 be Of the par value
Of One Hundred Dollars, 10 be paid in by the sub
scribers TO said capital stock in such sum and at
such time as may. be required by the board Of d.;
rectors or by the bylaws. Said corporation shall
have the privilege Of increasing their said -apital
stock to &5O,00O.0O,
ARUCLElV
Term of Existence.
Section !. The corporate existence Of the corpo.
ration shall commence az the issuance Of letters
Patent and shall terminate ninety-nine years there
after.
ARTICLE V.
Directors and Officers.
Sectos !. The business Of the corporation shall
be conducted AMI managed BY a President, Vice
President, a Board of Directors Of not less THAI
three nor more than eight, Secretary and a
Treasurer, and such other officers and agents the
Board of Directors may from time to time provide
for. The board Of directors shall be chosen annu.
ally at the annual meeting Of the stocs holders
which shall be in the companys general Office at
eight O'Clock, r. M. held on the first Tuesday in
August in each year. Tn. Board Of Directors
shall annually, as 81 on as practicable after Their
election, elect president and the other officers of
the corporation.
Section 2. The duties Of the President, the Vice
President the Seer etary and the Treasurer and such
other officers as may be provided for, sEal be such
as usually pertain 10 those Offices, unless otherwise
prescribed by the bylaws. The same person may
fill the two Offices OF Secretary and Treasurer.
Section 8. The time, place and manner Of CALI
ing aud holding meetings Of the stockholders and
directors, except when regulated by law or by the
charter, shall be fixed in the bylaws.
The election Of the Directors shall be by ballot
each stakeholder TO be entitled 10 vote for each
share Of stock owned BY him,
Section 4. The officers who are to conduct the
business until those elected at the first election shall
be J. ]. Harrel, President; @. r. Mizell, Vice
Presidents b. b. Mccall, Secretary and Treasurer,
and j. J. Harrell, b. b Mccall, c. F Mizell and
A. +. johnson shall constitute the Board Of Direc
Tors until their successors are elected in August !
1870
Section 5. The Board Of Directors shall provide !
Tor the election appointment and shall fix the du
les Of such other officers or agents as they may /
1eem necessary or advisable, and shall make such ]
rules and regulations and take such acticn, not in
consistent with the charter and the by- Of the |
corporation, as they may deem advisable and pro-
per 70 regulate and carry Ga the business Of the /
corporation.