The enterprise-recorder. (Madison, Fla.) 1908-1933, 1910-07-28
ARTICLES or INCORPORATION OF MAD.
ISoN GROCERY COMPANY

An llNl-ES VI REORGANIZATION Of MAD
ISoN GROCERY COMPANY
The undersigned hereby associate themselves TO.
gether as corporation under the laws of the State
Of Florida, with and under the following proposed
charter.
ARTIcLEI
The name Of the corporation shall be MADISON
GROCERY COMPANY, and 1t shall have its
principal place of bushes or office in the town of
Madison Florida, with branch offices In such other
places In Florida rs may hereafter be established.
ARTICLE
The general nature of the business TO be trans.
acted by the corporation shall be- To carry on and
conduct general grocery business, 70 buy and sell
meats, -four, grain, hay and other feed stuifs: to
buy, sell and exchange poultry, eggs, fruits and
vegetables to buv, sell, lease, own and hold real
estate and improve the same, to make contracts Of
any kind 10 further its purposes and business TO
borrow money and secure the same by notes, mort
cages, bonds and other cbligauOns, upon the prop.
erty of the corporation and generally TO exercise
such power as may be incident 10 the purpose or
business OF the corporation, or other busint IS of
like nature and to have, exercise and enjoy all the
rights, powers and privileges incident 70 corpora
tions organized and existing uDder and by virtue
OF the laws of the State of Fonda.
ARTICLE III
The capial stock of the corporation shall be Five
Thousand Dollars 10 be divided into one hundred
shares Of the par value of fifty dollars each, to be
paid IN lawful money of the United States of
America, at such tines and in such amounts as
shall be designated by the board of directors The
corporation shall be authorized 10 do business
when forty per cent Of itS capital stock has been
subscribed and paid.
ARTicLEIv
The term fer which the cooperation shall exist
shall be ninety nine years.
ARTICLE
The business Of the corporation shall be conduct.
ed by President, Wee president, a Secretary and
q Treasurer and board of directors 20 consist of
not less than three nor more than five of its stock
holders. The directors shall be elected annually
or the first Tuesday in March Of each year, and the
officers shall be elected annually by the directors
Until ose elected az the first annual meeting
shall be qualified, the business Of the corporation
shall be conducted by 4 G following officers J.McC
Tharin, President w. NJ TAYLOR. Vice president,
c. M. Kenney Treasurer and T. J.. PERT secre.
tarv, and j. Mcc. rharin, W. NJ Taylor, c. NJ
kenney and 7. /. Per: shall Constitute the board
Of directors,
ARTICLE VI
The highest amount Of Indebtedness or LA hilty
to which The corporation at any time subject
itself shall be Three thousand Dollars.
ARTICLE VII
The names and residences Of the subscribing in.
corporators and the number Of shares subscribed
by each, are as follows;
J Mcc. Thari, Madison, Fla, Fifteen Shares
W. ". Taylor, Madison, Fla, Fifteen Shares
9. Kenney, Madison, Fla, Five Shares
i. L. Pert, Madison, Fla, Fife Shares
j. Moo. THARIN
W. NJ. TAYLOR
c. NJ KENNEY
7, j., PERT
State of Florida, County of Madison.
On this day personally appeared before me, an
officer authorized 20 take Acknowledgement OF
deeds, J. MEG, 1harin, W. NJ. Taylor, G.. NJ.
KenneY and i, !, Pert, 10 me Well known and
known to me to be the persons who subscribed to
the foregoing charter, and severallv acknowledged
that they signed the same for the uses and purpos-
es therein expressed.
In Witness Whereof. ! have hereunto set nv
hand and seal Of Office, this 22ad day OF July A.
ID. 1910.
(seaD CIIAS. + DAVIS,
Notary Public.