Suwannee Democrat. (Live Oak, Fla.) 1897-current, 1909-06-11
CAPITAL STOCK.

AETIcLz 4
CAPITAL STOCK.
Section The esDital stock OF aid evaporation
shall be ONE HUNDRED THOUSAND DOL
LARS 800 OG0OO). divided into One Thousand
shares Of the par value Of ONE HUNDRED
DOLLARS (Sl00O0) each. which sad capital
stick (exceptng and In excess Of ten Der cent
thereof reQuir. q BY law to be paid before trans
acting any business shall be paid IN upon call o.
Board Of Directors.
Section 2 The capital stock Of said corporation
shall be paid in IN cash. or property or proper
ties work or other eollateras equivalent 10 cash.
ARTICLE l.
THE TERN FOR WHICH THE CORPORATION Is TO
EXIST.
Section l. The term for which said corporation
shall continue and exist shall be for period %
ninety-nine years next ensuing after the issuance
Of Letters Patent hereOn.
ARTICLE s
Section /. The officers By whom the business
Of said corporation is 70 be conducted shall b. q
Board Of Directors. President. Viee-President,
and Secretary and Treasurer provided TIE once
of Secretary and Treasurer may Be Sled By one
and the same person. who shall sevozally perform
ton as the bylaws shall provide
Section g The Board Of Directors shall b
elected By the stockholders. a. q meeting % b.
held after legal notice thereof upoa call therefor
made By the subscribing incOrpOratUE after The
issuance Of Letters Patent hereOn. and annually
thereafter. in the City Of Live CRk. FLORIDA. on
the second Tuesday in October. 1893 and the
other Of said officers shall be chosen AZ such time
and in such manner as shall Be prescribed b. the
bylaws Of the evaporation.
Section 5. Until the fst annual election Of
Directors. as provided by Section Of tbs Article.
and until their successors are elected and guali-
fed. the subscribers hereto shall constitute and
act as a provisional Board Of Directors and shall
conduct the affairs and business & said curpora-
ton: AMI until the next eecti01 a. shall b. pre-
scribed BY the bylaws for the eicction q ether
officers W. l. Teider shall b. Prrsident. n 3
Bareus Vice-President and c. D. Blackwell. See
rotary and Treasurer.
Article g.
LIHIT o. INDEBTEDNESS.
Section l. The highest amount d ihdebteiness
10 which said coFp0rPti0n shall az any time sub
Jet Itself. shall b Two Hundred thousand ti2o-
O000O} Dollars.
Article =
NAMES AND RESIDENCES % THE sCssCuBINC
HcORPoRAFoEA
Section !. The names and phases q residence
Of the subscribing incOrporatora. and the number
Of shares Of capital STOCK subscribed f0r b each
are a. follows
| W. l. Tedder. Live OAK. Pa 70 sharUs
c. H. Tedder. Tampa. Pa ~ sharss
/ H. E. Ba-cuS Live Oak PA . ~ tharga
/ W. W. Penningt0A. live OAK. PA thaFs
! C. D. Blackwell. Live 0ak Pa sharus
H. H. Brown. Live Oak Pa thsrs
vi TEDDER.
e. n TEDi'Ek
n q RARCUS
wv PENNINGTON.
c. D. BLACkWEll.
n h BROWN
STATE or FLORIDA.
i SUZANNE COUNTY.
/ Before me personally APPEARED " 4. ToidsF
C. H. TeddOF. a. f. BareuS " " Penhingian,
C. D. Blackwell and n n BroEn. % ne vel
known. and known u ne 20 b. the Dernuns Uh0
subscribed their names % the foregoing Articles
Of Incorporation and Garter " The suuannee
River and White Springs Railway Company
and who seyerally aeknoR edge that they da
50 subscribe the ssme for t-e pgFtsas q
obtaining Letters Patent n, re0l irOm the State
Of Florida. Incorporating themselves and the
other such SUBSCRIBER ard Their ass5ciaies
anu successors as q body corporate. under
the laws Of said State u Florida. and for
the purposes therein set forth. and the sad
subscribers further seyerally depose ard say
that they intend in good faith % construct main
tain and operate, and will construct MAINTAIN
and operate the line. or lines Of railroad as men
toned and set forth in said proposed Arueles o.
\ Incorporation
w. L TEDDER,
c. X. TEDDER.
H. Z. BARCUS.
w. w. ENNINGTON.
{. d. BLACKWELL.
/ H. H. BROWN
Sworn 70 and subscribed before me this May
/ 18th, 1909.
J. F. HARRELL,
Notary Public
/ LSEALl