The enterprise-recorder. (Madison, Fla.) 1908-1933, 1909-03-25
ARTICLES OF INCORPORATION OF SIN.
CLAIR LUMBER COMPANY.


We the undersigned incorporators, do hereby
forming a corporation in pursuance OF the laws OF
the State of Florida, and do hereby make, sub.
scribe to and adopt the following articles OF in
corporation as a charter for said corporation;
SECTIONI.
The name Of this corporation shall be SIM
CLAIR LUMBER COMPANY, and IT'S prnci'
pei Office and place Of business shall be at Madison,
Madison county, Florida, with such branch places
of businessi IN the State Of Florida other States
of the United States, as may be decided upon by
the board Of directors hereinafter named
SECTION II.
The general business 70 be transacted by this
corporation shall be that II saw milling, turpen-
timing and merchandising for profit, dealing in,
bgr pine trees, and all other varieties and kinds Of
tres; erecting saw mills. saving and manufactur.
ing all kinds Of rough and planed lumber, both
for private purposes and ( the public, buying
and selling lumber for profit, whether as owner
or on commission and as brokers; manufacturing
and making and selling for profit, of cross uos,
shingles barrels, slaves heading lathing, sashes,
blinds, doors, nd 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, cothng etc, groceries
hardware, queensware, buggies, wagons harness
ant al! kinds Of implements for farming. horses
mules and live stock of all description, which said
ABOVE descrip ion shall embrace all kinds of per.
sonal property, and this corporation shall have the
power TO deal in, manufacture and sell the same
for profit. This corporation shall have tie power
to conduct general brokerage business, to deal
In stocks and 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 manufacture any and all things
OF to engage in a7y and all business or lines of
business that may be incident TO- connected with
or necessary to carry out the objects intents and
purposes aforementioned, ADD at such times as NAV
be expedient.
Il sian have, use and enjoy all Of the rights
powe and privileges granted to corporations OF
this S-.raeter by the general corporation laws Of
SECTION III.
The capital stock of this corporation shall h.
TWENTY ONE THOUSAND DOLLARS. al.
Vded into two hundred and ten shares Of M nar
value OF One Hundred Dollars a share, which
shall be paid for in money, in lieu Of such nav.
ment n money, the same or any portion thereof
may be paid for In property of any kind the iust
valuation 10 be fixed by the bo7rd OF directors and
fifty per cent. of the said capital stock Snail h.
subscribed and paid for in cash or comno5j.
ties and property equivalent 10 cash, upon the or.
ganizauon 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 al any IT,
have me night to Increase said capital stock under
the laws of the State Of FlJrida. not 10 e,cs,j
FIFTY THOUSAND DOLLARS,
SECTION w,
The time for this corr grafton shall exist shall he
twenty 1--WE Years, unless sooner dissolved ac.
cording 10 law. ~
SECTION V.
The highest amount Of Indebtedness n which
MS corpoIauon shall be subject shall be TWIN
.TN THOUSAND DOLLARS In such r,an,,,-
ase form As may be provided by the bylaws to be
SECTION VI.
The business affairs Of this Corporation sbauh.
conducted by a President, Vice .Presideni' sn5 =
Secretary, and Treasurer, which last position NAV
b. held bY one and the same person. ana tbe hasr3
Of directors shall consist OF moi les Thar ~ 80
more than I'VE stockholders. The president snd
the noard Of directors shall be elected by Ire s,oc
holders q tHe annual meeting In each year, or as
soon thereafter as practicable, and the directors
and ohccIt q said corporation shall hold Their al
bee until their successors are duly qualified. and
unth re hrst annual meeting Of the siockholders
tors shall Be the ofhcers Of and conduct the aiss
the said corporation: g. W. Sinclair pr.ridrnt.
OF A: Hart vice President w. T. Boatwright,
Ssteeret.I{ sno treasurer ane c. w; Sinclair, a.
Hart and W. Il. Boatwright, shall compose me
board of dnettors The board Of Directors sbalI
have the power at any time before the frst annual
meeting 20 adopt bylaws for the regulation Of The
business Of said corporation.
sECT1oNVu.
TIE hrst annual meeting Of the stockbolders "a
this corporation for the purpose of eiectipg bo,rd
of dircctorS ard President, nud the Transacted
Of such Other business as shall properly come be-
fore q stockhoiders thereof. shall be held in ne
tovn q = olson az the Offices of said Corporation
on de 6rei Iucsday in September A. d. 100. and
annu1i'y tlricafter, or as soon thereafter as h
practicable
SECTION VIII.
Tia nantt ard places Of residence Of the in.
narnts. faetlhei with the smount Of capital stoet
Sub ClIhan o. each, are as follows.