The Palatka news and advertiser. [volume] (Palatka, Fla.) 1908-19??, 1913-02-14
Proposed Charter of the Palatla Farms
Company.

The un 'ersgned incorporators hereby
associate themselves gether, tor the pur-
pose OF forming COZ p )ratlOn under the
Laws OF the State of Florida. and ndopt the
following Articles of Incorporation:
Article l. The name of Tins corporation
shall be Palatka Farms Company, with Its
principal places of business at Palatka,
Florida, and Decatur, Illinois, ana to have
Offices ana agents at such other points in
| The State of Florida, or in any other State
in the Union or in any foreign country, as
may lie deemed necessary or advisable.
Article ,. The general nature of the
business to hr transacted by said corpora
ton sinai! he to acquire, lease, own hold,
sell, exchange, mortgage and generally
deal in real estate, personal property and
all other kinds OF properly. and to clear
ana cultivate real estate. TO own, run,
operate and manage farms, groves ana
orchards, and to do Il general farming
agricultural and horticultural business.
ana also TO take, hold and acquire such
real estate, personal property or other Sc
curly as may be Necessary for the c0rpor-
alton to acquire, in order to obtain and Sc
cure the payment OF any Indebtedness or
Liability to ii; to erect. own, lease, operate
mills, to manufacture and deal in timber
ana lumber; to build, own, self rent and
lease houses. dwellings and business build
lngs 10 act as brokers and agents for other
persons, firms or corporations; to own. nc-
Qulre, sell, dispose OF and otherwise deal in
stocks and bonds OF other corporutiOns to
own, run, operate, manage cOmmissaries
Huu other mercantile business pUtprurisps.
10 run, operate, own and manage turpentine
slills aud plants and to engage in Il general
turpentine and naval stores business: and
TO exercise and enjoy ali the rights, powers
ana privileges incident to corporations for
pront, ofE4nl2ed and existing under and
by virtue OF the laws of the state of Florida,
Article ). The capital stock of this cor |
pOratlon shall be $1,000, divided into one |
hundred shares of the par value of one
+ uhdftu iiOliarS iSluO each, the payments |
Ma IL.
he uniiei Stntes OF Americas provided |
however, that payments Tor said capital
stock, or any portion thereof may be made .
III property, labor or services, ut Just val |
Htt!qh 10 be hXed by the iacOrLoratOrs or
by the directors, ut Il meeting called Tor
such purpose; and provided further that
property, labor or services may also be pur-
ShaSed or pa for with capital stock, at a
!ust valuation of such property, labor or
services to be fixed by the directors of the
Durpo e. ''''''
Artlc A. The term for which this cor
pothtioh shHlt Xist shall be nifty years.
Article ). The business of this rUrnor,-
ION Shhll be conducted and managed by lis
PRESIDENT. Board of Directors and il,
~, 1,,1ttttarS ana treasurer, provided however.
lht ihr oIhres OF secretary aud Treasurer
InE ne htld by one and the same npr,un
ny me ulIccrS and directors OF this cor
,ioratinh snail be elected on the second
Monday in April in each year.
The names of the officers who mo IN ro,-
I nc, BUSINESS or businesses OF this cor
y 'utioh' uIiliI those elected at the fret
,eSti0h Shhil he qualified, are rs follows.
-, hohoh, president and director. GEORGE ,
y ere secretary and director. and
L j.. MGkeA nOldS, director. |
ii AIll'Iv rue highest amount of indpbt
y or liability to which this CORPORA. I
t-m can; AT any time, subject itself shall Ia :
1 -,i'oW, the names aud residences Of The }
tnn i mrs ana the number of shares of S
tock subscribed for, ny each, are MS fniIov,S!
lore lore F'rre, OF Decatur, Illinois, iIIty tai
l., t1Ies' Il. :. Hohom, Decatur, Illinois tyenl
i I'VE go shares T. J. McRrpnoIds, Hon.
SNii'e' hehtncky. Twenty-Five (25) shares. v
X: 5. BOHON, President. !
GEORGE FERRE,
u i. NnR Ely Nh