The Palatka news and advertiser. [volume] (Palatka, Fla.) 1908-19??, 1910-07-29
Notice Of Intention to Apply
for Letters Patent.

Notice is hereby given that the subscrib-
ers hereto will apply to the Honorable AL
BERT W. GILCHRIST, Governor of the
State of Florida, at Tallahassee, Florida, on
the 18th day of August, A, ID. 1910, for
LETTERS PATENT,
as per PROPOSED CHARTER following,
the same having been filed in the Office Of
the Secretary OF State, of said State of Flori-
da, at Tallahassee, Florida, on the 9th day
Of July, A. ID. 1910.
PROPOSED CHARTER OF
1.-THE YOUNG-BURToN COMPANY"
1.-The name of this corporation shall be,
its principal place of business shall be at
and near Interlachen, in Putnam County,
State of Floriaa.
1.-The general nature Of the business to
be transacted by this corporation shall be to
buy, sell, lease, operate, control, and hold
timber lands, and other lands, in the State
OF Florida; to purchase, sell, make, manu-
facture, and dispose OF turpentine, rosin,
naval stores and their by-products; to buy,
sell, build, run and operate, saw and other
millsi construct, own, repair, buy and sell,
buildings, tram, steam, and other motor
roads, turpentine stills, and machinery; to
maintain and operate wood and lumber
yards, and to dispose of their products; to
merchandise, and deal in the products
above enumerated; to timber and log its
own or other lands, and to run, operate, and
cause to be run and operated mills or other
works and machinery for the manufacture
of timber and woods into salable articles
and products thereof; and to buy, sell, con-
Vey, deal in and improve, rent and dispose
of real estate and other property, in the
state of Florida, the United States and in
foreign countries. and to do and perform
such acts and things in the premises as may
be incident, eXpedient and necessary to prop
erly carry out the purposes stated.
3-The amount of the Capital Stock of
this corporation shall be
NJ
divided into TWO HUNDRED SHARES,
each of the par value of
ONE HUNDRED DOLLARS.
SEVENTY FIVE per centum of said Capt.
tai Stock has been fully paid in, the balance
thereof to be paid in as called for by Direct
ors: This Capital stock is NON ASSESS
4.-This Corporation shall continue and
exist for the term of
FIFTY YEARS,
unless dissolved according to law.
5.-The ANNUAL MEETING of this Cor
poration shall be held at Interlachen, Put
nam County, Florida, on the second Monday
in January of each year, but the time and
place of such ANNUAL MEETING may be
changed from time to time at any ANNUAL
MEETING.
The election of officers shall be held at the
ANNUAL MEETINGS, and the term of
office of all officers shall be ONE YEAR,
ming with date of election.
g.. The OFFICERS OF this Corporation
shall be a BOARD OF DIRECTORS of
FOUR STOCKHOLDERS, one of whom shall
be President, another Vice President, and u
Secretary and Treasurer; but one person
may hold the office of Secretary and Treas
urer.
And the Directors chosen as President,
Vice. President, Secretary and Treasurer,
shall be the President, Vice. President, Sec
rotary and Treasurer of said Corporations.
7.-All deeds of conveyance, leases, and in
struments of writing necessary to be under
seal, shall be executed by the President, or
Vice. President, signing the corporate name,
and attested by the Secretary atiixing the
SIN case of inability from any cause on
part of the President, the Vice President
shall succeed to and perform all acts and
things required of such officer.
9.-The highest amount of indebtedness to
which said Corporation may subject itself
shall be TWENTY FIVE THOUSAND
l0.-The business of said Corporation shall,
until the first election under this Charter,
be conducted by n Board Of Directors con-
sisting Of
w. B, Young, who shall be President.
c. r. Burton, who shall be Vice President.
NJ. l. Young, who shall be Secretary and
Treasurer, and
o. V. Burton.
u.-By-lawS, not Inconsistent with this
Charter NAV be adopted, rescinded or
amended at any meeting OF said Directors,
who shall have the authority to fix compen-
SALON of its officers, employees, servants
and agents, and to delegate such authority
to otner persons when deemed eXpedient
and necessary. A majority of the Direct
ors shall be necessary.
l2.-rhe names, residences and subscrip-
lions of the incorporators are as follows, to-
witt
W. B. YOUNG, Interlachen, Fla. 80 Shares
NJ. l. YOUNG, Interlachen, Fla. l Share
GEO. r. BURTON, Talladega, Ala, 90 shares
o. V. Burton, Talladega Ala Share
STATE OF FLORIDA,
County of Putnam.
Before me personally came W. b. Young,
and NJ. l. Young, who each acknowledged
the foregoing to be his genuine signature to
the foregoing Charter of said Corporation,
1.-The Young Burton Company, for the pur-
poses therein expressed.
Witness my hand and official seal, mt Inter-
lachen, Florida. this 3lst day of May. n. ID.
1910. GEORGE Il. GILLETT.
TSEAL1 Notary Public, state of FlOriC q.
My commission expires March II, 1912.
STATE OF ALABAMA
County of Talladega.i
Before me personally came q. X. Burton
and O. V. Burton, who each acknowledged
the foregoing to be his genuine signature TO
the foregoing Charter of said Corporation,
''The Young Burton Company, nfor the pur-
poses therein expressed.
Witness my hand and official seal, at Tai
ladega, Alabama, on this 2ith day of June,
A. ID. 1910. JAS. II. IvEY,
[sEAL1 Notary Public, in and tor said
County and State.
My commission expires June, 1911.