Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1910-02-25

body pOlitic and corporate, under th'
nAms Z tle
FORT PIERCE PINEAPPLE AMI
CITRUS SUB-EXCHANGE
under the following Charter and Arti.
cles of incorporation, the original OF
which will be on file in the office OF the
Honorable H. Clay Crawford, Secre-
tary of State of the State Of Florida, IN
the City of Tallahassee, during all time
Of the publication Of this notice.
Dated this the 18th day of January.
1910.
Articles of Incorporation of the Fort
Pierce Pineapple and Citrus Suo-bX-
change:
Know All Men BY These Presents:
That we, the undersigned citizens
and citrus fruit growers Of the State
of Florida, have this day voluntarily
associated ourselves together for the
purpose OF forming horticultural cor
poration and association, as and for a
Sub-Exchange, under the laws OF the
State of Florida, providing for the lncor-
poration of Horticultural, non-proht
associations and corporations, In ac-
cordance with this proposed Charter
and we hereby adopt these Articles
of Incorporation, which shall 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 and Citrus Sub-Exchange.
ART. 2. That this Sub-Exchauge is
organized under the laws of this State as
a Horticultural association, and entitled
10 all the rights aud privileges conferred
by the laws of this State on similar COR
pOrations, and the voting power aud all
other rights and privileges OF each OF
the members OF this Sub-Exchange,
holding a certificate of membership in
the same, whether said members shall
bsindividuals, or whether they shall be
kindred associations affiliated with this
Sub-Exchange, shall be equal.
ART. 3. That there shall be no cap
ital stock OF this Sub-Exchange, bu: the
same shall be organized as a Horticul.
tural association and corporation, not
for profit, and it shall not issue any
shares OF stock whatever. and shall not
II any time declare or pay any divi-
dend, or other profits on any holding in
this sub-exchange, but all moneys COM
ing into this sub-exchange for services
rendered, or otherwise, shall be used
by it for paying the expenses Of, and 9th
erwise maintaining this sub-exchange,
and any surplus thereof remaining III
its hands, shall be used as the Board Of
Directors of this sub-exchange shall
deem TO the best interest of this sub
exchange, and this sub-exchange shall
issue 70 each person who, as well as 20
each kindred association, which shall
become a member thereof, a certifi
cate of membership in this sJb-eX-
change, and shall receive in return
therefor the sum of One Dollar (Sl.0Ol.
10 be converted into the treasury of this
slb-exchange, but no person, and no
other such kindred association shall at
any time have, own CT control more
than one certificate of membership In
this sub-exchanIe, nor shail any person
not grower of citrus fruits become OI
remain member of this sub-exchange.
ART. 4. That the purposes for which
this sub-exchange is formed are to Il
as the agent and exclusive representa-
tive of the Florida Citrus Exchange, a
corporation kindred to this association
and now existing under the laws OF the
State of Florida with headquarters 10
the city of Tampa, in said State, in the
transaction of all the business of said
Florida Citrus Exchange, with certain
othef kindred associations andcorpora-
tons now being aud hereafter TO be in
corporated in TIE State of Florida.
which may hereafter become members
Of this sub-exchange, said kindred asso.
Citations being known, and hereafter TO
be known, as associations of citrus frui
growers: and also TO act as the exclu
sive agent of said Florida Citrus Ex-
change in making up estimates of the
citrus fruit and other produce owned,
grown and controlled by the several
associations of citrus fruit growers
that may hereafter become members of
this Sub-Exchange and furnish the
same TO said Florida Citrus Exchange.
and to become and stand responsible To
the Florida Citrus Exchange for all
assessments on citrus fruit and other
Florida grown products which inay be
owned, grown or controlled by the asso
citation OF citrus fruit growers afilia.
ting with and being members tf this
sub-exchange that may be assessed by
sid Florida Citrus Exchange against
said fruit and produce /: and to pay all
such assessments as may be SO assessed
by said Florida Citrus Exchange agains,
any and all of the associations OF citrus
fruit grove affiliating with and being
members of this sub-excbange and pro
rate the same equitaby between such
associa lions of citrus fruit growers as
may become members hereof all such
assessments as may be assessed against
them or either of chem. by said Florida
Citrus Exchange. Alsotoacl stheagent
for all of the associations of citrus uit
growers who shall hereafter become
members of this sub-exchange ia all
the dealing which said associations or
either Of them may have with the Flor