The Palatka news and advertiser. [volume] (Palatka, Fla.) 1908-19??, 1911-03-17

ARTICLES OF INCORPORATION OF
THE PALATKA LUMBER COMPANY.
The undersigned hereby associate them
selves together for the purpose of becoming
incorporated under the laws of the state of
Florida, for the transaction of business UNI
der the following charter:
ARTICLE l.
The name OF this corporation shall be
PALATKA LUMBER COMPANY, with its
principal place of business and office in the
City OF Palatka, Putnam County, Florida,
with branches or agencies or otherwise, as
may be necessary or convenient.
ARTICLE ,.
The general nature of the business to be
transacted by said corporation shall be that
of manufacturing, owning, buying, selling,
trading and dealing, mt either wholesale or
retail, in lumber of all kinds shingles, laths
and all kinds of mill products, on commits
sion or otherwise; the owning, buying, SELL
ing, leasing, renting, using and operating
saw mills, plants, tram roads, machinery
md supplies, timber and lands of every de-
scription; to acquire, hold, use, own, mort
gage, lease and convey all such property,
real or personal, in the state of Florida, and
all other States of the United States and
foreign countries; may purchase or other
wise acquire stocks and bonds, either or
both, of any other corporation or compa-
MES, as may be necessary or convenient in
connection WIN SHlU businesses, 10 enter lll-
to, carry out or otherwise turn to account.
contracts of every kind, TO establish, oper-
ate, own and maintain lumber yards,
branches offices and agencies, within and
without the State OF Florida; to do any and
all things set forth in this charter as OBJ
jects, purposes, powers, businesses or other
wise, to the same extent and as fully rs nat
ural persons might do in any part of the
state of Florida and other States of the
United States and foreign countries, and to
do all such things in connection Herewith
as may be permitted by the laws of Florida,
and be necessary and convenient in the con-
duct of the corporations business.
ARTICLES.
The amount of capital stock authorized
to be issued by the said corporation, shall
be FIFTY THOUSAND DOLLARS $780,
10000, to be divided into five hundred 1901
shares of the par value of One Hundred
Dollars ($l0u.OOl each. The capital stock
may be payable in cash, or may be issued or
used Tor the purchase OF property, labor or
services, aJ Il just valuation thereof, to be
fixed by the board OF directors at meeting
10 be called for that purpose.
ARTICLE 4.
The existence of this corporation shall be
ninety-nine years.
ARTICLE 3.
The business of said corporation shall be
conducted by president, Vice-president.
secretary and treasurer, and board OF
three (3l directors. The office OF secretary
and treasurer may be held by one and the
same person The directors shall be elected
by the stockholders at each annual meet
ing; all the officers of this corporation Shall
be elected annually by the directors. The
directors and officers shall be elected mt the
first meeting of the stockholders to be held
on the ---d day Of---A, d., 1911 in
Jacksonville, Duyal County, Florida; and
thereafter at the regular annual meeting OF
The corporation which shall be held on the
-----da day of each year, and shall
hold office until their successors are elected
and qualified. The officers who are to con-
duct the business of the corporation until
those elected at the first election shall quail
ify, are:
f. K. Clarke, President.
Edwin a. smith, NiCe-president
NJ. ID. Mallett. Secretary and Treasurer
Directors, f. K. Clarke, Edwin A. smith
and M. D. Mallett.
ARTICLE 6.
The highest amount of indebtedness a,
liability to which said corporation shutl
at any time subject itself, shall be One Hun
dred Thousand l$lt0VUO.UOj Dollars.
ARIIULE 7.
The names, residences, and amount m |
to the stock of said cornnruftn,,
by the subscrib NJ incurporators, are ms
follows: q"
Name. Residence. Sto,l |
F. R. Clarke, Jacksonville, Fla. 2ln sbore, |
n. A. smith, Palatka, Fla 80 share, |
NJ ID. MaIlett, Jacksonville, Fla, 10 shares, |