The Palatka news and advertiser. [volume] (Palatka, Fla.) 1908-19??, 1913-01-24
Notice of Intention to Apply
For Letters Patent.

Notice is hereby given that on February
10th, 1913. the undersigned Will apply TO the
Honorable Park NJ. Trammell, Governor OF
the state of Floridn, for Letters Patent 10
be issued to the "Palatka- Hastings ihtur-
urban Railroad Company" upon the fol-
lowing Articles adopted by such Company
as its proposed Charter:
q A. DUPONT
HOWELL A. DAVIS,
+. j, H. Won ENGELkEN,
Proposed G !" IHHRTmEii OF THE PALAT-
KA-HASTIGNS lNTuuRkRAN RAIL-
ROAD COMPANY?
The undersigned inCOrporaiors hereby as
sociHte themselves together for the purpose
Of forming II corporation under The laws OF
the STATE of Flori,ta. aud ADOPT the follow
ing ARTICLES or i ,>t.,
See l The name of this corporntion
shah ho the "pALATKA-HASll NGS IN.
TERII RAILROAD COMPANY, and
ITS principal place OF business shall he IN
the city Of Palutkn. Florida, with power to
establish branch offices and places OF busl-
hess Mt such other points in the state OF
FlOridn ana such other states ana countries
us may be deemed necessary or advisable.
Article II.
The general nature OF the business TO be
transacted by said corporation snail be TO
acquire. lease, own, construct ana operate
in the state Of Observation-Disclosures street
oar Lines una IntrrurDan car Lines TO be
operated ana propelled by steam, elrctrlci-
ty or other motive power; lhe man me OF
said EailrOnd, street Car Line or lnterur-
ban Car Line 10 be between the CITIES OF
Pdlatka in Putnam County, and Hastings
in st. Johns county, and through ana
along the streets % said CITIES OF Palntkn
in Putnam County and Hastings in II.
Johns county rs aforesaid Il total distance
OF twenty l2Ol Miles more OF less; 10 manu-
fnciurc tor its own Us" and for selling to
Others, electricity, gas OF other lIlumlnhnts
for light or power as may lac deemed adNi-
.YI "a a m
own the machinery ana all appliances Incl
dent to any OF the aforesaid undertakings
or business; to own Such rehl-rSthle as IL
may he deemed advisable by the Directors
of said Company, to own, oprrnte and inn
prove: to sell, own, mortgage ana lease
lands; to act as agents or brokers in deal
ing in any and all OF the commodities or OPP
erat ions Ms Aforesaid to subscribe Tor, pur-
chase issue. receive and hold for invest
mpnt or otherwise sell or dispose OF ana
max" advances upon stocks, bonds ana Sc
curiticS or ObliGntl"ns OF other corpora
tons, Trims or individuals, wherever Local
ted or Organized, engaging i'll or pursuing
any One or more OF the businesses. purposes
objects Or operations mentioned above, or
OWNING or holding any property OF thc Kinds
mentioned abDNc, or any corporation nod |
Ing 'Ock or any obligations OF such CorpO- !
rntiuns, and while tn" owner OF any such |
stocks, bonds, notes or other obligations TO |
exercise all the rights, powers and priNi- |
.eLes OF ownership thereof, and to exercise
all or any voting powers thereof; TO sell,
mortgage, suDlot, pledge. hire, lease or con-
vcy the property Of said corporation or any
part thereof ut VIII, and to invest the pro-
leeds thereof at the pleasure OF and in such
manner rs may De determined by the d.
'cctOrs; to conduct any part Ol It's business
lud to have Offices and agencies ana toem-
Jluy officers or agents in any plhcce
II this state and in such other States
md foreign count rites rs may be requisite
md necessary Tor the carrying ON oi such
business ana for the needs OF SAID corpora
st1stt
OlclN in the discretion Of its Board of hi
ectors to borrow money and to secure the
anne by EOtCS, deeds Ur trust, MORTGAGES,
ioHds ornny other OBLIGATIONS whatsoever,
md to lrcriV" payment of the capital stock
uhsCribud for in such manner or in any
rrvic"s. property OF money Ht Just NAlu-
II ion, as the Judgment OF the Board of hi |
cctOrs shall direct and to exercise gencr-
.liy such powers rs may be incident to or
to the purposes or business oil
aid corporation and to nave, exercise and
nION all til" rights. powers, and privileges
Incident to corporations for profit, organ
Aed 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 DO FIFTY thousand dollars t$D,-
lOl divided into Five hundred shares of par
aIur Of one Hundred Dollars ,$lN.Ool
ach, which shall he paid for in lawful
money of the Euiicd states OF America or
II property. or in labor or in services, fran
hscs, charters, etc, to be appraised and
he value determined solely by the Board
+ Directors at any regular or called meet
NJ.
Article ~.
Sec. |. Th" term for which this corpora
ion shall exist shall be ninety -nine l~)
ears.
Article V.
see. l, The business OF this corporation
hall be conducted by Board OF not less
han three nor more than seven Directors.
+ which said board, the President, Vice
ia lsllI In la
Me Board of Directors snail be elected AN
ually b. the stockholders mt an annual
iecting of the stockholders to be held on
he third Tuesday after the hrst Monday IN
Hnuary OF each and every year, ana the
resident, Vice President and Secretary
hall be annually elected by the directors
nd such officers shall be stockholders of
ne corporation, A Treasurer shall be
Iectrd annually by the directors: PROVE
JED. 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 of
aid corporation, and the election of II
iOard OF Directors shall he called by ballot,
ach stakeholder to identified to one vote
Or each share OF stock owned by him.
sec. b. The Board of directors shall pro-
idc iOr the election ana appointment ana
king the duties of such other officers or
gents rs they may deem necessary or adj
.i7Hblc ana make such rules and take such
elton not inconsistent with the Charter
nd Bylaws of the corporation as they may |
nem advisable to operate ana carry on the
business OF the corporation.
Article VI.
See. |. The names and officers who shall
ondUcl the business of tn" corporation un-
il hose are qualified vino Shall be elected
Il the first annual meeting Of the stock
folders, are rs follows:
G. A. DUPONT, President,
nOWELL \. DAVIS, Wee President.
f. j. II. Won ENGELk EN-, Secretary,
+. K. BYRD, Treasurer.
Article VII.
Sec. |. The highest amount OF indebted
Jess to which said corporation shall ut any
inc subject itself. Shall b" Two hundred
md IilIy thousand Dollars (S2jDWO)
Article VIII.
Sec. |. The corporate Seal of the corpora.
ion Snail hc an impress stamp hearing the
Words: "PALATk A-HASTI NOS INTER-
1RHAN tAlLitOAD COMPANY. SEAL.
913.'
Article TX.
Sec. /. The stockholders of the corpora
ion shall adopt by-lnwS not inconsistent
With the Charter OF this corporation and
he laws Of the state Of Florida, for the
government OF its officers, and those first
IdUptpd shall he adopted by Il vote of the
majority ui the capital stock OF the cOrpO-
alton and may Ice amended in the manner
provided lor in said Bylaws.
4-.I