The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1913-03-26
LEGAL NOTICE.
NOTICE OF INTERPRETATION


NOTICE or INCORPORATION.
Notice is hereby given Of the intention
o. the undersigned to apply to the Gov
ernor Of the State OF Florida on the 18th
Gay q April A. p. 1913. for letters patent
cessors, into body-politic and corporate
under the name OF THE SOUTHERN
LOAN AND REAL ESTATE COMPANY"
Tor the purposes and upon the terms set
Aforth In the following proposed charter.
m We. Thomas 9. Downey. Daniel Proctor
Nation for letters patent. incorpora ting US
and our associates into corpora don In
accordance with. and under the laws OF.
the state Of Florida. under the following
proposed charter:
TIE p s4 e the fp5D9NTathieSS n sh Rnl e
ESTATE COMPANY" and it's principal
place OF business shall be In the city Of
Pensaeola. County q Eseambia and state
wherever they wish
SECOND ..- -
be transacted shall be to buy. sell. ex-
change and deal In real estate. including
improved and unimproved lands 10 buy
governmental authority or by industrial
and commercial corporations or by private
individuals; TO buy shares OF the capital
stock of other corpora tions and securities
and evidence OF Indebtedness OF all kinds
whether the same are. negotiable or
and sell all evidence OF Indebtedness. or
chooses in action for it's own account and
for the account Of others. either upon 9
whsfher issued by public authority or
otherwise. To do and perform any and
all services required in connection with.
mentioned; to prepare for issue and sale
Of any kind. issues or bond or other evil
dences Of indebtedness. and to contract
or series Of bonds, or any evidence of in
debfedness. 10 act as agent for other
persons IN any capacity: % rent It's own
iect the same and TO improve the same
and charge therefor when necessary: TO
poration. ana to do any and ali il acts nee
essary TO the successful carrying on of
the business mentioned and described in
frusteeship and TO act as trustees under
nortgages and deeds OF trust. executed
~ individuals and corporations. providing
by bonds or other Instruments and to do
and perform all it's acts necessary or
proper to be done by trustees appointed
sell. by discount or otherwise, any class
Of existing indebtedness OF ali kinds.
properly. sor unsecured: to negotiate loans
for others for consideration and upon
the security. or Hen by mortgage on real
securities. stocks, bonds. or other things
q value, or any other evidences OF in
aeotedness; to act as broker In such
LTdQ8aCI1ONS.
70 guarantee for a consideration the
vaLdlfy or the payment OF any loans SO
tnegotlstnle or made; or any indebtedness
OF houses for rent or sale; to act as real
estate agents or brokers upon a com
mission or profit sharing basis. and to
40 general real estate business to
borrow money and to secure the pay
menf OF same by hypothecating it's securi-
ties ny lien or mortgage, or otherwise.
chooses in action Of the said corporation.
or oy piedging, when necessary. and with
the personal property Of the CORPORATION
Tor said purposes:
rrba ar,o,,,. - 49, L.,
be $3.50. 10000. divided into twenty-five
thousand shares OF the par value OF ten
collars each. Payment for said capital
sorai. or services at q Just valuation to
De nxed by the Board OF Directors at a
rregular meeting. or at . meeting called
lent.
FOURTH.
said corporation shall exist for period
OF ninety-nine years unless sooner dis (
solved according % law.
The b,,.,,... ETH
be conducted by a Board Of Directors Of
not less than three. nor more than Ave.
ana the once of Secretary and Treasurer
shall be elected annually at a meeting Of
the stockholders 20 be held on the first
Monday OF May Of each year. and the
ofncers shah be elected by the Board of
Directors at meeting to be held on the
same Gay. The first annual meeting shall
be held on the first Monday of May. 1913,
ana until that time Thomas s. Downey
snaL De President. Daniel Proctor shall |
oe Secretary and Treasurer. and W. s. |
named persons sham 1n ecns dnn me .b above
OF Directors until the first meeting.
SIXTH
the incorporators ask the right to In |
fr@lr R~r1xz
to time. II It should become necessarv. |
to the sum OF one million dollars.
the highest amount of indebtedness TO |
which the corporation can at one time
subject itself. shell be one million dollars. |
Temporarily bylaws NAV be adopted |
oy the said officers until the first meeting |
OF the stockholders
The names and residences OF the SUBJ |
scrIbers are as follows:
n Tnomas 9. powney. PENSACOLA. Fla.
W. s. Guest. Pensacola Fla.
TENTH
Ths said subscribers subscribe for the
following amount Of stock to-wit:
Thomas s. Downey. 2,5o0 shares.
Daniel Proctor $500 shares
w s. Guest. 10 shares.
In witness whereof the above mem
toned subscribers have hereunto signed
(seal1 THos. S. DowNEY
(seall DANIEL PROCTOR,
(SeaD w s. GUEST
1. W. NELSON. Attorney for Incorpor-
atorE.
State OF Florida Escambia County
personally appeared Thomas S. Downey
Daniel Proctor and w. S. Guest, ali
known to me to be the individuals de-
scffbed by said names herein and each
acknowledged that they executed the
foregoing instrument for the uses and
purposes therein mentioned
THOS. S. DOwNEY
DANIEL PROCTOR
W. s. GUEST
Sworn 20 and subscribed before me |
this, the 9Th day OF March. A. d. 1913.
L. w. NELSON.