The Palatka news and advertiser. [volume] (Palatka, Fla.) 1908-19??, 1911-03-31
ARTICLES OF INCORPORATION OF
THE PALATKA LUMBER COMPANY.

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 I'M
| 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, at either wholesale or
retail, i'll 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
and 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 with said businesses; to enter in
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 as 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
n : q ttl a
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
he FIFTY THOUSAND DOLLARS $780,
U0O.OO), to be divided into five hundred (5O0l
shares of the par value of one Hundred
Dollars $4,000 each: The capital stock
may be payable in cash, or may be issued or
used for the purchase OF property, labor or
services, AT Just valuation thereof, to be
fixed by the board of directors at meeting
to be called for that purpose.
. ARTICLE 4.
The existence of this corporation shall be
ninety years.
ARTICLE 3.
The business of said corporation shall be
conducted by president, vice president,
secretary and treasurer, and board OF
three (3l directors. The office of secretary
and treasurer may be held by one and the
same person The directors shall be elected
by the stockholders at each annual meet
ing; all the officers of this corporation shall
be elected annually by the directors. The
directors and officers shall be elected at the
first meeting of the stockholders to be held
on the - day of---A. D., 1911, in
jacksonville, Duval County, Florida; and
thereafter at the regular annual meeting OF
the corporation which shall be held on the
-----day of each year, and shalt
hold office until their successors are elected
and qualified. The officers who are to con
duct the business of the corporation until
those elected at the first election shall quail
ify, are:
F. X. Clarke, President.
Edwin A. Smith, Nice-p president.
NJ. ID. Mallett, Secretary and Treasurer
Directors, f. X. Clarke, Edwin A. Smith,
and M. d. Mallett.
ARTICLEJG.
The highest amount of Indebtedness or
liability TO which said corporation shull
at any time subject ITSELF shall be One Hun |
dred Thousand t$lGOUO,OOl Dollars.
ARTICLE I.
The names, residences, and amount of |
subscription to the stock of said corporation
by the subscribing incOrporators, are as |
follows:
Name. Residence. stocL
+. r. Clarke, Jacksonville, Fla, 24O shares
n. A. Smith, Palatka, Fla, $50 shares.
M. d. Mallett, Jacksonville, Fla, 10 shares.