The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1912-05-11

ELL, and their associates, who here
by associate themselves together as
body corporate under the Constitu-
ton and Laws Of the State OF Flor
ida, and do hereby adopt the follow
ing as their articles Of Incorporation,
tO-wit:
l. The name OF the corporation
shall be NICHOLS MERCANTILE
COMPANY, and its principal place OF
business shall be in the town of
Nichols, County Of Polk, and State
of Florida; but branch stores. offices
and agencies may be established and
maintained at any other place or
places in the State OF Florida. or in
any other States. or foreign coun-
tries that the board of directors Of
said company may designate.
>. The general nature Of the busi-
ness or businesses TO be transacted
by the company shall be to conduct.
maintain and operate wholesale
and retail grocery, drug store. and
general merchandise business; to
buy, sell and deal in all manner and
kinds of personal property whatsO-
ever; to buy, lease or otherwise ac-
quire real estate and TO lease or 9TH
erwise cucumber same; to sell. mort
gage, lease or otherwise dispose of
real estate; to purchase. construct or
otherwise acquire, maintain, i'm
prove and operate factories,
store houses. warehouses, or other
works or convenenccs; TO act as
agents. brokers or factors in the pur-
chase or sale of groceries, drugs, gen.
eral merchandise, personal property
of all kinds, and real estate.
1t is the intention that the objects
and purposes specified in this second
clause shall be in nOwise limited or
restricted by reference to or infer
ence from the terms of any clause
of this charter. and shall be con-
strued as independent objects and as
in furthcrance and not in limitation
of the general powers conferred by
the laws of Florida on Il corporation
of this character
3. The amount of the capital stock
of this company shall be Fifteen
Thousand Dollars ($l1,0OO .0OD, di-
vided into one hundred and fifty
U5O) shares Of the par value Of
one hundred dollars ($lO0 .OO) each.
The entire capital stock of the Gem
pany shall be fully paid up in cash,
and the stock OF the company, when
issued, shall be non -asscssablc. The
capital stock of the company may BE-
increased hereafter to any amount
that may be desired.
4. The time of the commencement
OF this company shall be the date Of
the issuance of letters patent, and
il shall continue in operation for a
term of pinety-nine (99 years.
rhn l,c;pnuc M In,S iuncc nf thn
company shall be conducted by a
president, vice president, secretary.
manager. and treasurer, and such
ether officers as the board of direc-
tors may designate, and Il board OF
directors consisting of not less than
three, nor more than five, stOckhOld'
crs. who shall be elected annually
7 he annual meeting shall occur on
the first Tuesday in January of each
and every year.
The officers of the company for Tho
first year, or until their successor
are elected and qualified, shall be a
lrollows: l.. II. Fnllcr. president
Lyle q. Pierce, vice president an,
manager, and Oliver X. Mitchell
secretary and treasurer; and the
foregoing named persons shall con.
stitute the board of directors Of SAID
company. Any one person may hold
one or more Offices.
6. The highest amount of indebs
edncss or liability TO which this com
pany can at any time subject itsel
shall not exceed fifteen thousan'
dollars ($l5 ,ooo.o0).
Z. The names and residences o
the subscriber and the amount o
stock subscribed by each, are as fol
lows:
2. II. Fuller, Nichols. Fla. fift,
shares.
Lyle o. Pierce. Nichols, Fla, fit!
shares.
Oliver r. Mitchell, Nichols, Fla.
fifty shares.
IN WITNESS WHEREOF, W.
have hereuntO set our hands, this
Goth day of April, A. ID. 1912.
p. II. FULLER
LYLE o. PIERCE.
OLIVER X. MITCHELL.