The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1911-01-07
NOTICE.
dec17caw4w

Notice is hereby given; that on Mon
day, February 9Th, a; D. 1911, aPphcauon
viii be made to the Governor OF the state
in said State for letters patent upon the
following proposed charter Of the corpora
ton TO be named Gulf, Florida and
-''1''''A i'1 WM. Il. Knowles,
JOHN 6. sTILLMAN.
Ka ss; 10Y \ Il. veg ssssSW' VIM a sfeunt.
William Fisher. w. s. Keyser and John
=. Stillnan. do hereby make application
associates and successors into . corpora
ton in accordance with the Laws OF the
State Of Florida, under the following
charter:
Gulf. Florida & Alabama Railway Com
pany, and its principal place of business
. shall be located at Pensacola. Florida.
and it shall have power through It's stock
holders or Board of Directors to establish
other places Of business in the State Of
Florida. and in other States OF the Uni
The general nature of the business to
be transacted shall be to build, construct.
a telegraph and telephone line, and
wharves. warehouses and steamship lines.
terminals. docks and piers; The railroad
IL Is proposed to build, construct. own
maintain and operate shall extend
through and from the e City Ct psasac sd:;
County of Escambia in said State, in a
northeTly direction to the line dividing
the states Of ,d Tlordz and A 11as
and thence into the State of Alabama
to some point therein distance Of about
Two hundred and fifty t2So> miles
Said corporation shall have authority
and power to construct and maintain its
said railroad. telegraph and telephone
lines iato the State Of Alabama. and to
operate and maintain the same, and said
Company shall have power to hold, own
and lease real estate and personal prop
engage in such other business as may
be incidental to and proper to be done
in connection with that herein set out
The aoY M Of the Ssptal ssoss
thousand $500 900. oel Dollars, Of Which
Two Million (s2.ooo. 0Oo.0o) Dollars shall
b s5o etSss oo and Five
stock; that is to say $500, ooe 90 shall be
issued In such manner as to entitie II to
the payment of dividends before any divi-
dents are paid upon any portion of the
$4,000 100000 designated as common stock
but in no other respect shall said pre-
ferred stock differ rom the comm on
twenty thousand (2o. oo0J shares of com
Hundred 500; ool Dollars. each, and avs
OF the par value Of One Hundred (s1o0. o0I
Dollars each. Said stock shall be paid foz
In lawful money Of the United States, al
such times and In such amounts as the
Directors may require.
Said corporation shall exist for the
period Of ninety-nins (ss' years
The business of the Company shall be
conducted by a President, two Vice.
Presidents. Secretary and a Treasurer
snd Board Of seven CD Directors. The
Offices of Secretary and Treasurer may
he held by the same person If the Direc.
elected annually at meeting of the
stockholders to be held on the second
Tuesday in April. and the Directors sc
elected shall elect on the same day the
President, two Vice-Presidents, Secretary
and Treasurer. Until the first election
Roy c. Megarsel shall be President, VIII
liam n Knowles and John E Sulmar
and the said Henry Hyer shall also bs
Treasurer, and the said Roy c. Megarsel
VIM Fl. Knowles and John E. Stillman
together with VIM A. Blount, A. NJ
Avery, William Fisher. and W: S. Keyser
shall constitute the Board OF Directors
The highest amount of Indebtedness o.
liability to which the corporation can a
any time subject itself is Ten Miller
ts1o.o00.00l Dollars The names and resi-
dences Of the subscribers, and thu
amount of stock subscribed for by each
are s IS sS1owz and the SUBSCRIBERS bert:
shares and amounts, to-wit:
+. N.so shares. s., $4,000. 49,
.hsrs1. a.oc movies pensacola f:a'' It