The Palatka news and advertiser. [volume] (Palatka, Fla.) 1908-19??, 1910-07-22
Notice Of Intention to Apply
for Letters Patent.

Notice is hereby given that the subscrib-
az RSRT RTreSo w WI d apPly TO- the Honorable AL
state OF Florida, at Tallahassee, Florida, on
the 18th day OF August, A, d. 1910, for
| LETTERS PATENT,
as per PROPOSED CHARTER following.
| the same having been filed in the of1ice 81
@ Sne Secretary OF state, OF said State of Flori-
of July, A. d. 1910. ""'
| PROPOSED CHARTER OF
1.-THE YoUNG-BURTON COMPANY"
THE name of this corporation shall be
1.-THE YOUNG BURTON COMPANY" and
1ts principal place of business shall be nj
ana near lnterlachen, in Putnam COUNTY
1.-THE general nature of the business to
pc transacted by this corporation shall be to
Duy, sell, lease, operate, control, and hold
eintner VI u, iahus, and other lands, in the State
OF florlda' 10 purchase, sell, make, manu.
1acture, ana dispose Of turpentine, rosin,
| naval stores and their by-products; to buy
sell, pulld, run and operate, saw and other
mills construct, own, repair, buy and sell.
| buildings, tram, steam, and other motor
| roads, turpenttne 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
WINS uhu Cne manufacture
OF timber and woods into salable articles
ana 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
eriy carry out the purposes stated.
3.-The amount of the Capital Stock of
this corporation shall be
TWENTY THOUSAND DOLLARS,
divided into TWO HUNDRED SHARES.
each OF the par value of
ONE HUNDRED DOLLARS.
SEVENTY-FIVE per centum of said Capi-
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 ut 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
The election OF officers shall be held at the |
ANNUAL MEETINGS, and the term of |
office Of all officers shall be ONE YEAR,
and until successors are elected, term begin
9. The OFFICERS of this Corporation |
shall be a BOARD OF DIRECTORS of
FOUR STOCKHOLDERS,o one of whom shall |
be President, another Vice. President, and a |
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 |
retary and Treasurer OF said Corporation.
ALI 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 affixing the |
corporate seal thereto.
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 |
DOLLARS.
lO.--The business of said Corporation shall,
until the first election under this Charter, |
be conducted by Board Of Directors con-
sisting Of
w. b, Young, who shall be President
G. r. Burton, who shall be Vice President
NJ. l. Young, who shall be Secretary and
Treasurer, and
o. V. Burton.
n.-By-laws, not inconsistent with this
Charter, may 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.-The names, residences and subscrip-
tions of the incorporators are as follows, to-
witt
W. B. YOUNG, Interachen, Fla. so 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,
"The Young Burton Company" for the pur-
poses therein expressed.
witness my hand and official seal, at Inter-
lachen, Florida. this 3lst day of May, A. d.
1910. GEORGE e. GILLETT,
tSEAL1 Notary Public, State OF Florida.
My commission expires March IL, 1912.
STATE OF ALABAMA
County OF Talladega.
Before me personally came G.. r. 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, for the pur-
poses therein expressed.
Witness my hand and official seal, at Tai
ladega, Alabama, on this Ath day OF june
A. ID. 1910. JAS. H. 1vEY,
[SEAL1 Notary Public, in and for said
County and State.
My commission expires June, 1911.