Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1910-01-28

Articles of Incorporation Of the Fort
Pierce Pineapple and Citrus Suo-EN'
change
Know All Men BY These Presents:
That we, The undersigned citizens
and citrus fruit growers Of the State
on Florida, have this day voluntarily
associated ourselves together for the
purpose of forming horticultural cor
potation and association, as aud for a
Sub.Exchange, under the laws of the
state of Florida, providing for the iucor'
pOratioa Of horticultural non-protit
associations aud corporatOnS, IN ac'
cordance\ with this proposed Charter
and we hereby adopt these Articles
OF Incorporation, which Shal. become
the Charter OF said corporation, upon
the issuance of letters patent, accord
ing to law, and we do hereby certify.
ARTICLE /. That the name Of said
corporation is the Fort Pierce Pine
apple aud Citrus Sub-ENchange.
ART. >. That this Sub-ENcnange is
organized under the laws oflhiS State As
a horticultural association, and entitled
70 all the rights aud privileges conterreC
BY the laws of this State on similar cor
porations, aud the voting power sud 81.
other rights and PRIVILEGES Of each OF
the members Of this Suo-EXchange,
holding a certificate of membership u
the same, whether said members shall
be Individuals, or whether they shalt Be
kindred associations affiliated with this
Sub-Exchangs, shah be equal.
ART. r That there shall be 10 cap
ital stock ofthis Sub-ExchAnge, bG; shs
same shall be organized as = HortSe1l
tural association and corporation, nos
for profit, and IL shall not issue AnS
shares Of stock whatever. and shall poS
NJ any time declare or pay any divi-
dSnd, or other profits on any holding 10
this sub-exchange, but all moueys CON-
ing into this Sub-exchsuge for services
rendered, or otherwise, shall be used
BY IL for paying the expenses Of, and 9th.
erwise maintaining this sub-eSchange,
and any surplus thereof remaining In
It's hands, shall be used as the Board of
Directors Of this Sub-exchange shall
deem 70 the best interest of this sub
exchange, and this Sub-exchange shall
issue TO each person who, as we'll as 30
each kindred association, which shall,
become n member thereof, u certih.
cate OF membership in this Slb-ex,
ehSnge, and shall receive in return.
therefor the SUN OF One Dollar (2i,OOl. /
to be converted into the treasury OF this |
9 lb-exchange, but no person, and no
ether such kindred association shall al
any time have, own CT eontrol more
than one certificate OF membership ia
this Sub-eSchanse, nor shall Say psrsCa /
no, grower Of citrus fruits oecSUa " /
remSiaa member Of this SObsxehAnSs.
ART, :, That the purposes foe which \
this sOb-eSchange is formed are 20 al
as the AgeoT and exclusive represeaaa-
tive Of the Florida Citrus EXCHANGE. a .
ki0creG 10 this LSs.rRt5r,1 \
ana nov existing CndsC The laws OF uha
State Of Florida with headquarters IN \
the city Of Tampa. in sand Sdass. IN uhr
transaction Of all GAs business OF said n
Florida CltraS Exchange, wlEh eerSaiu \
otket kindrea ASS0clNilocS and eurvnr,t,
tons noW being and hereafter 60 En m
corporassd in ire STATE of Fsri,ta
which may hereafter bscocoe rrsulspr, i
ot this Sob-exehsnge, said Kindred .Ssss- 4
Citations being knoSn, and hereafter 40 4
De known, IS ASSccl8tOoS 81 citrus fran /
growers and also 10 2cl as the exeln 4
siSe agent Of said Florida Citrus liz.
change 10 making Up estimates Ot ths 4
citrus fruit and oaher produce owed 1
grown and controlled by the several /
associations Il citrus truit grQuerS
thai may hereafter become mem bers OF /
This Sab-ExehAnge and furnish tbs 4
same 70 said Florida Citrus Exchange.
aud to become and sand responslhae lo
the FSorsaa Citrus Exchange for ali \
o. citrus fruit and Other
Florida grown pccdOctS which aoaP BE-
owned, grown or controlled BIZ the EsSO
rSAtlon Of citrus fruit growers arslia.
ing with and being members II ms
Sao-exchAage that cAAy be assessed oS \
aid FLORIDA CSsrSS Exchange agaIoSs 1
nd trasS and produce and TO pay on 4
,Dch assessments rs may be ~ s,S,s,sss,a.a 4