The Palatka news and advertiser. [volume] (Palatka, Fla.) 1908-19??, 1913-01-10
Notice of detention to Apply
For Letters Patent.

Honorable Park NJ. Trammell, Governor Of
the State Of Florida, for Letters Patent tC
urban Railroad Company" upon the fol
| lowing Articles adopted by such Company
rs its proposed Charter:
| q. A. DUPONT
| HOWELL A. DAVIS,
| II. j, II. Won ENGELKEN,
r. h. BYRD,
PROPOSED CHARTER OF THE PALAT.
| KA-HASTIGNS INTUURRBAN RAIL
| ROAD COMPANY?
| The undersigned incorporates hereby as
sociate themselves together for the purpose
OF forming q corporation under the laws OF
the State OF Florida, and adopt the follow
ing ARTICLES OF INCORPORATION:
Article /.
| Sec. The name of this corporation
| shall he the "PALATKA-H ASTI NiS -
| TERURBAN RAILROAD COMPANY, IAN
us principal place OF business shall ne al
| the City OF Palatka. Florida, with power to
establish branch offices and places OF busi-
ness at such other points in the State of
Florida and such other states and countries
as may be deemed necessary or advisable.
Article II.
The general nature of the business to be
transacted by said corporation shall be to
acquire, lease, own, construct and operate
in the State of Florida, Street
Oar Lines and 1nterurban Car Lines to be
operated and propelled by steam, eluctrici-
W or other motive power; the main line of
said Railroad, Street Oar Line or Interur-
ban Car Line to be between the Cities of
Palatka in Putnam County, and Hastings
In 81. Johns County, and through and
along the Streets of said Cities of Palatka
in Putnam County and Hastings in st.
Johns County as aforesaid, II total distance
of twenty t2O) Miles more or less; to manu-
facture for It's own use and for selling to
Others, electricity, gas or other illuminants
for light or power as may be deemed advi-
sable, and to maintain, operate, use and
own the machinery and all appliances Incl
dent to any of the aforesaid Undertakings
M, 4 net n nNt al MT .
may be deemed advisable by the Directors
OF said COMPANY, to own, operate and i'm
prove; to sell, own, mortgage and lease
lands; to act as agents or brokers in deal
ing in any and all of the commodities or OPP
erationS as Aforesaid; to subscribe for pur-
chase, issue. receive and hold for invest
ment or otherwise sell or dispose OF and
make advances upon stocks, bonds and Sc
curitIes or obligations of other corpora
lions, firms or individuals, wherever loca-
ted or organized, engaging In or pursuing
any one or more of the businesses, purposes
objects or operations mentioned above, or
owning or holding any property of the kinds
mentioned above, or any corporation hold
ing stock or any obligations Of such c3rno-
ratlons, and while the owner Of any such
stocks, bonds, notes or other obligations to
exercise all the rights, powers and privi-
leges of ownership thereof, and to exercise
all or any voting powers thereof; to sell,
mortgage, sublet, pledge, hire, lease or con-
vey the property OF said corporation or any
part thereof ut Will, and to Invest the pro-
ceeds thereof ut the pleasure of and in such
manner as may be determined by the d.
rectors; to conduct any part of It's business
and to have Offices and agencies and to en-
ploy officers or agents in any place. |
in this State and in such other states |
and foreign countries as may be requisite |
and necessary for the carrying on of such |
business and for the needs of said corpora |
tion,-such necessity to be determined |
solely in the discretion Of its Board of Di- |
rec tors; to borrow money and to secure the |
Tnu
bonds or any other obligations whatsoever. |
and to receive payment of the capital stock |
subscribed for In such manner or in any |
services. property or money at a Just Valu- |
alton, as the Judgment of the Board of Di-
rectOrs shall direct and to exercise gener-
Ally such powers as may be incident to OF
to the purposes or business oil
said corporation and to have, exercise and
enjoy all the rights. powers, and privileges
Incident to corporations for profit, organ
Zed and existing under and by virtue of the
avs of the state of Florida.
Article III.
Sec. |. The capital stock of this corpora
ion shall be Fifty thousand dollars $780,
O0I divided into Five hundred shares of par
value of One Hundred Dollars ($lOO.00l |
,ach, which shall be paid for in lawful
money of the uutted States of America or
n property, or in labor or in services, fran
'hises, charters, etc, to be appraised and
he value determined solely by the Board
If Directors at any regular or called meet
ng.
Article ".
Sec. |. The term for which this corpora
ion shall exist shall be ninety-nine 1927 |
Years.
Article V.
Sec. l. The business of this corporation
hail be conducted by n Board of not less
han three nor more than seven Directors.
If which said board, the President, Vice
President and Secretary shall be members
rhe Board of Directors shall be elected an
lually by the stockholders at an annual
u stock holders n he |
he third Tuesday after the first Monday in
January of each and every year, and the
President, Vice President and Secretary
hall be annually elected by the Directors
md such officers shall be Stockholders OF
he corporation, A Treasurer shall be
lected annually by the directors: PROV1-
BED, however, that the offices of Secretary |
nd Treasurer may be held by one and the
anne person.
sec. :. The time, place and manner of
alling meetings of the stockholders and
directors shall be fixed by the Bylaws oil
aid corporation, and the election of a
Board of Directors shall be called by ballot, :
ach stakeholder to be entitled to one vote
or each share of stock owned by him.
Sec 3. The Board of Directors shall pre- |
ide for the election and appointment and
king the duties of such other officers or
gents as they may deem necessary or ad-
isable and make such rules and take such
elton not inconsistent with the Charter
nd Bylaws of the corporation as they may ;
eem advisable to operate and carry on the
business of the corporation. {
Article VI. ,
Sec. |. The names and officers who shall
onduct the business of the corporation I'M {
ii those are qualified who shall be elected
t the first annual meeting of the stock
folders, are as follows:
q. A. DUPONT, President,
HOWELL A. DAVIS, Vice President.
F. ]. H; Won ENGELKEN, Secretary,
II. r. BYRD, Treasurer.
Article VII.
Sec, |, The highest amount of indebted |
less to which said corporation shall at any |
ime subject itself. shall be Two hundred
nd fifty thousand Dollars S25O,OOO)
Article VIII.
Sec. /. The corporate Seal of the corpora.
ion shall be an impress stamp bearing he
words: "PALATK A-HASTI NGS INFER
JRBAN RAILROAD COMPANY. SEAL.
DID,"
Article TX.
Sec. |. The stockholders of the corpora ,
ion shall adopt bylaws not inconsistent
With the Charter of this corporation and |
he laws of the State of Florida, for the
OVernment of its officers, and those first |
dopted shall be adopted by vote of the {
majority of the capital stock OF the corpo-
alton and may be amended in the manner |
rovided for in said Bylaws.
Article X.
Sec. |. The names and residences of the
ubscribers and the amount of stock sub
cribed for by each are as follows:
]. A. Dupont, Hastings, Florida, II shares,
lowell A. Davis, Palatka, Fla. II shares.
. j. II. Won Engelken,
East Palatka, Florida, II shares
'. r. Byrd, Hastings, Florida, Il shares.
TATE OF FLORIDA. @,
COUNTY OF PUTNAM ( 49,
Personally appeared before me this day
. A. Dupont, Howell A. Davis, f. j. II, Won
Ingelken and II. X. Byrd, who being first
uly sworn depose and say that they are the
ersons described in and who subscribed