The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1911-09-15

iahassee IN said state, for Letters Patent
t I5pon- HE following proposed Charter OF
ne CORPORATION to be named West Flor
w. c. BARRINEAU,
Il + M4T MICHEL
We, r. f. Mitchell, M. King, d. r.
King, s. Ginsberg. Miles Andrews, ]. c.
howell. Jr.. J.; w. Williams. V; +; Nc
kown, d. O. McInnis, w. c. Barrineau,
= O. Britton, J. ]. Mccaskil, D; j..
Hayes. H. H. Brown, A. F. Paderiek, ].
McCaskill, Trustee. S. Ginsberg. Trus-
zee, M. King. Trustee. A. r. McAlister
snd T. F., Mitchell. Trustee. L. =:
A.etters-Patent incorporating us. our as
9ociates and successors into corpora
tion In accordance with the Laws OF
me State Of Florida, under the following
/. The name Of the corporation shall
pc West Florida Naval Stores Company.
and It's principal place of business shall
be at Pensacola Florida, and 1t shall
nave power through its stockholders or
Board Of Directors to establish other
PAGES Of business in the state q Florida
and in other States and Countries.
2. The general nature of the business
TO be transacted shall be the conducting
OF naval stores business; also the storing,
Warehousing, producing, farming, buy
ing and selling on commission or other
wise. shipping and exporting naval stores
and all pitch pine products, buying, SELL
owning Of real state, timber and personal
property of every Kind and description;
the buying and selling Of merchandise
or every character, the buying and SELL
ing, building. owning, operating, leasing
and mortgaging of turpentine plants, saw
mills, railroads, tram ways and vessels;
the borrowing and loaning OF money or
credit, and the giving and taking Of Sc
curity therefor: the discounting, pledgtng
or buying Of notes, bills, drafts, bonds,
.rnortgages and other commercial papers
and securities; the chartering and loading
Of vessels, including the doing OF all
other matters and things whatsoever
necessary, convenient. useful or incl
dental to the conduct OF the businesses
mentioned hereinbefore.
"a The amount Of the capital stock OF
caid corpora ton shall be Two Hundred and
Fifty Thousand (S2500O0,00l Dollars, d.
vided into Two Thousand Five Hundred
shares Of the par value Of One Hundred
($10000) Dollars each. Said stock shall
be paid for in lawful money Of the United
States. rs per cent. thereof upon the Is
suance Of Letters Patent Incorporating
the Company and the balance at such
times and in such amounts as the DE-
rectors Of the Company may require All
shares Of stock shall be subject to a
first lien for all debts due by the owner
or holder thereof to the corporation.
4. The corporation shall exist for the
period of ninety-nine (99) years from the
date Of the Letters Patent incorporating
it.
be conducted by a President, and two
Vice Presidents, a Secretary and a Treas
Irer an assistant Secretary and Treasu-
5sr and Board Boar Of Directors pr consis It'll
ttlirteen t1SC, the number to be fxed by
the stockholders at each annual meeting
Of the stockholders, in such manner as
the Bylaws may prescribe, and by an
executive board consisting Of five mem
bers, Of which the President shall be the
Chairman. The offices OF Secretary and
Treasurer may be held by the same
person IL the Directors so decide. The
Directors shall be elected annually at q
meeting Of the stockholders to be held
on the First Tuesday after the Second
Monday in January, and the Directors
so elected shall on the same day elect the
President, Presidents, Secretary and
Treasurer. The stockholders shall also
at the same time elect four members Of
the executive board. and the President of
the corporation shall constitute the fifth
member Of said board The executive
such duties as the BYLAWS may pre-
scribe. Meetings of said executive board
shall be held at the call OF the Chairman.
may prescribe. Until the first election r.
F. Mitchell shall be President. d. G. Nc
InnIs and M. =. Savage shall be Vice.
tary and Treasurer; A. R. McAllister
shall be Assistant Secretary and Treasu-
Ter. and M. King and NJ. e. Savage and
! Mesc g 81 and p. G. McInnis and
the Executive Board, and the Board of
Directors shall consist of nine members,
and r; + Mitchell. p g. McInnis, NJ
III. AfcCasktl. NJ King, L. II Howell and
G. @. Johnson. shall constitute such Board
e, The highest amount OF indebted
ness or liability to which the corporation
can at any time subject itself is Five
Hundred Thousand Dollars The names
and residences of the subscribers, and
the amount, Of stock subscribed for by
each are as follows. and the subscribers
hereto do hereby subscribe for the follow
IT, @1.n AL 49, A.
stock OF said Company. to-wit:
R. F. Mitchel Pensacola. Florida, Sic
shares, s51.000.0o.
N. King, Harris, Florida, 50 shares
B. +. King, Harris. Florida. Is shares
s Ginsberg. Messy Head. Florida, S,
Miles Andrews. Darlington, Florida
80 shares, 100000.
~. 6: Howell ~ q r.. Biaekman. Florida
]. w Williams, Graceville. Florida
20 shares, 100000
ID .S g How q 300 g 81 Rla0knAn. Florida
, ". II. McKown, Blackman, Florida, II
=. O. McInnis. Geneva. Ala. 100 shares
w c. Barrineau. Cottage Hin. Fla. q
shares, 81. 00o. 90.
r, Q, Britton, Cottage Hin. Florida
j. j. MeCaskill. DeFeiniak Springs
Florida, so shares, 100000.
D. ], Hayes. Pensacola, Fla, 10 shares
100000.
H, H, Brown. Geneva Alabama, II
shares 100000.
A. f, Paderick. DeFuniak. Springs
Florida. 80 shares. 100000.
]. J.. McCaskill, Trustee DeFunial
Springs. Florida. 170 shares. $17.ooo.00
s. Ginsherg. Trustee, Messy Head. Flor.
ida 30 shares, 100000
NJ, King. Trustee. Harris. Florida, q
shares, 100000
A. r. MeAllister, Pensacola, Florida
10 shares, 81, 10000.
r. F. Mitchell, Trustee, Pensacola
Florida, go shares s22 100000.
L. II. Howell, Galloway, Florida, q
shares, 100000.
IN witness whereof. the before men
toned subscribers have hereunto signe(
their names.
r. F. MITCHELL,
NJ KING,
y. r. KING
s. G1NSBERG
MILES ANDREWS,
J. G, HOWELL, JT.,
]. w. WILLIAMS,
j. G. HOWELL, JR.,
" II. McKOWN,
ID q MeINNIC