The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1911-04-29

GULF LAND COMPANY.
The subscribers hereto associate them
selves as body polite and corporate
and with the charter following, to-wit:
The name of this Corporation shall be
PANY,' and its principal place of bust
ness shall be at Pensacola, Escambia
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
real and personal property of or by the
Corporation; or on commission; the con-
structing, leasing, owning, and operating
Of steam or electric railroads or railways;
the owning, operating or chartering of
erecting, owning, operating and leasing
OF saw mills OF 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
ly the doing Of anything appertaiing to
the said purposes of said Incorporation,
together with the acquisition, holding, use
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
($100, 000. 00) Dollars, to be divided into
One Thousand (1000) shares of the par
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 provdedaby law.
The said corporation: shall. exist for
ninety-nine (99) years from the date Of
granting letters patent to it.
The business of this corporation shall
be managed and conducted by board of
Directors, a President, Vice-president
and a Secretary Treasurer: and such
ton by its bylaws shall authorize and
prescribe.
A 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 and
every year, and tie officers shall be elect
ed by the Board Of Directors at a meet
ing to be held on the same day. Until the
first election, J. NJ. Muldon shall be Presi-
dent, John z. Stillman shall be Vice
President and T. w. Saltmarsh shall be
The highest amount Of Indebtedness to
which the Company shall at any time
sand ($5O0, GOOD Dollars.
z
The said subscribers, all residents of
Escambia County, Florida, postoff1ce ad-
dress Pensacola, subscribe to the follow
ing amount of stock:
J. M Muldon ........-......-.I49 shares
John z. Stillman .............-250 shares
I. w. Saltmarsh .............. l share
Total NEUTRALITY-SUSPICIOUS.. 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. M. MULDON (Sea)
JOHN z. STILLMAN (Seal)
T. w. SALTMARSH, (SeaD
State Of Florida, Escambia County
Before the subscribers personally ap-
peared ]. NJ. Muldon, John z. StiIln1an
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 -
and acknowledged that they subscribed
the same for the uses and purposes
therein expressed.
In testimony whereof, 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
Ny commission expires May 5, 1913.