The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1911-04-15

Proposed Charter Of the PERDlDO
GUILE LAND COMPANY
The subscribers hereto associate them
selves as a body polite and corporate
under the laws Of the State Of Florida,
and with the charter following to-Wit:
The name Of this Corporation shall be
the ''PERDIDO' GULF LAND COM
PANY,"' and its principal place Of bust
County, Florida, with such branch offices
and places of business as may hereafter
be determined and designated by the
Board Of Directors or the bylaws hereof
The general nature Of the business shall
be the acquisition, use and disposition OF
Corporation or on commission; the con-
structing. leasing, owning, and operating
Of steam or electric railroads OF railways:
the owning, operating or ehartering OF
steamboats,. barges or other vessels; the
erecting owning. operating and leasing
Of saw mills or turpentine places and
stills: the borrowing and lending OF money
for the corporation or as agents or brokers
for others; the leasing Of property both
real and personal; the buying and selling
OF stocks. bonds or other negotiable or
commercial paper or papers; and general
ly the doing OF anything appertaiing to
the said purposes Of said Incorporation.
and disposition Of all property, both real
and personal. which may be necessary or
convenient for the carrying out OF said
purposes.
The amount Of the Capital Stock Of said
Company shall be One Hundred Thousand
Gs1o0; 100000 DOllaIs;; to be divided into
value Of One Hundred (s100.00) Dollars
each, and the capital stock shall be pay
able In cash or in property, labor or SER
vices, the value Of which shall have been
determined as provided by law.
The said corporation shall exist for
ninety-nine (99) years from the date Of
lpfterg
8.
The business of this corporation shall
be managed and conducted by board Of
and a Secretary Treasurer. and such
other officers and agents as this corpora
ton by its bylaws shall authorize and
Board Of Directors, consisting Of not
less than three nor more than seven, shall
be elected by the stockholders hereof on
the third Tuesday In January OF each ana
every year, and the officers shall be elect
ed by the Board OF Directors at a meet
: ing to be held on the same day Until the
: dent, John z. Stillman shall be Vice
President and T w. Saltmarsh shall be
secretary-Treasurer
The highest amount Of Indebtedness to
which the Company shall at any time
subject itself shall be Five Hundred Thou
sand (s5oO.Ooo) Dollars.
The said subscribers. all residents OF
Escambia County. Florida, postofice ad-
dress Pensacola, subscribe to the follow
ing amount Of stock:
j. NJ. MulQOn -.--...-ss.."."'.I4 ~ SldFes
John & Stllman ........s..... zoo shares
Z. W Saltmarsh ............-- l snare
Total 1000 shares
In witness whereof, the above men
toned subscribers have hereunto set our
hands and seals this, the 4th day Of April,
A d. 1911.
J. NJ. MULDoN (SeaI)
JOHN z. STILLMAN (Seal)
T. W. SALTMARSH, (Seal)
State Of Florida, Escambia County
Before the subscribers personally ap-
peared j. NJ. Muldon, John E. Stillman
and T. W. Saltmarsh, to me well known
TO be the individuals described and who
subscribed the foregoing notice Of in
corporation and proposed charter of the
~'PERDIDO GULF LAND COMPANY
4and Acknowledged that they subscribed
the same for the uses and purposes
therein expressed.
In testimony whereof, I have hereunto
set my hand and official seal this the 4th
day Of April, A D. 1911.
NJ A. TOUART, JR-.
Notary Public State of Florida
My commission expires May 5, 1913.
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