The Palatka news and advertiser. [volume] (Palatka, Fla.) 1908-19??, 1911-02-24
ARTICLES OF INCORPORATION OF

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, Tor the transaction OF business UNI
der the following charter:
ARTICLE !.
The name of this corporation shall be
PALAT<A LUMBER COMPANY, with its
principal place of business and Office in the
City oil PatatkH, Putnam County, Florida,
with branches or agencies or otherwise, as
may be necessary or convenient.
ARTICLE >.
The general nature of the business to he
transacted by said corporation shall be that
Of manufacturing, owning, buying, selling,
trading and dealing, at either wholesale or
retail, in lumber OF all kinds, shingles, laths
and all kinds OF mill products, ON commits
sion or otherwise; tie owning, buying, sell
ing, leasing, renting, using and operating
saw mills, plants, tram roads, machinery
and supplies, timber and lands of every de-
scription; to acquire, hold, use, own, mort
gage, lease and convey ali 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 ana LOnds, either or
both, of any other corporation or cOmpa-
MES, as may he necessary or convenient in
connection with said businesses; to enter in
10, carry out or otherwise turn to account,
contracts OF every kind, to establish, Opef-
ale, own and maintain lumber yards,
branches, offices and agencies, within and
without the state OF Florida; to do any and
all things set forth III this charter rs Oh
Iects, 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
a. hh MAJ tIlh ItA If
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 (S5D,-
tOOOU), to be divided into five hundred t5UOl
shares OF the par value of one Hundred
Dollars lSl01.OO) each. The capital stock
may be payable in cash, or may he issued or
used Tor the purchase OF property, labor or
services, at IA Just valuation thereof, to be
liked by the board OF directors at Il meeting
To be called for that purpose.
ARTICLE 4.
The existence Of this corpol ion shall be
ninety years
ARTICLE 3.
The business of said corporation shall be
conducted by president, Vicc-pTeSident |
o,
three (3) directors. the Office OF secretary |
and treasurer may be nclu by one and TIE |
same person The directors shall be eIccLr |
by the stockholders at cacn annual meet |
ing; all he OlilcerSOI this cOrpurutlun sinai |
be elected ANNUALLY ny the directors. iii |
directors and ollie r. .uull be Dll ctyl nj 49,, |
first meeting "a the st,CkEu.durs TO he mel |
on the day uI --- IA. b.. 1871, in !
jacksonvtie, DIrHl Coulty, Fl0r.uu; :iI.uI
hereafter "i IA" r'guiH, annual ul"cIin2 q |
me corporation %niCI slit OF ,uid Oh ,4T |
---------------d H'Ol each y,ur. ana >!...i |
hold Office until their suCcussulS are ulpt. "a |
and qualified. Hhc officer, who are TO con. |
duct the business OF the corporation uut / |
those elected at the first election shall quail |
lily, are:
f. K. Clarke, President
Edwin A. Smith, Vice president
NJ. ID. Mallelt, Secretary and Treasurer
Directors, +. X. Clarke, Edwin AISmith. |
ana NJ. d. Mullett.
ARTICLE &.
The highest amount OF Indebtedness or
at any time subject itself, shall be one HIM
dred Thousand t$lOjOOlOj Dollars.
ARTICLE :.
The names, residences, and amount of
SUBSCRIPTION othe stock of said corp, ration
ny the subscribing incorporates, are as
follows:
same Residence. Stock.
F. X. Clarke, jacksonville, Fla. 2to shares
n. a. smith, Palatka, Fla, %, shines
M. ID Mallett, Jacksonville, Fla, 10 shares