The Palatka news and advertiser. [volume] (Palatka, Fla.) 1908-19??, 1913-03-28

d
lital stock, or any portion thereof, may
be made in property, labor, or services
at a lust valuation to be fixed by the
directors of this corporation, at meet
ing called for such purpose; ana pro-
vided further, that property, lapol VI
services may hereafter, be Pu[ of MS
corporation, at just valuation OF SucI
property, labor or services, TO De HAeu
| by the then directors of this corpora
ton, at meeting called Tor That puI-
pose,
The term for which this corporation
shall exist shall be nnety-nlne t99t
years.
The business or businesses OF lnIS
corporation shall be conducted by the
| following officers, to- wit; \ pres dent
| vice president, secretary ana treasurer
| provided that the same person snail
be eligible to hold the two latter Oh
ces), and a board of directors, IhS
officers of this corporation shall huiu
office for period or term of one ~
year from the date of election or uAt'l
their successors are elected ana Quii
flied, and shall be elected at its regular
annual stockholders mcctinE, Whi1h
shall be held in the offices Of this cor
poraton, at Palatka, Florida, on the
third Wednesday in January OF e2Gh
year, at the hour of ten o'clock. 1 NJ
lntOTDOIdIblS anu StbChlVll'l' ''''''i
meet at the office of the corporation
in the City of Palatka, on Tucsd3E'
April 18th, 1913, at ten o'clock, a; NJ
for the purpose of adopting bylaws
and transactinS any other buSln, IS
which may come before the ockhold-
ers meeting. Until the officers elected
at the first annual meeting shall be
qualified, the business shall be con-
Quoted by the following officers: How
ell A. Davis, President; II, O. Hamn,
ct
tary and Treasurer. AS BOARD of Di-
rectOrs: Howell A. Davis, ii, q. llamm
and l.. w. Warren.
Article vi.
The highest amount of Indebtedness
or liability to which this corporation
can, at any time subject itself, is one
Hundred Thousand ($lO0,OOO.OO) Dol |
lars.
Article VII.
The names and residences of the sub
Scribers to these articles or InCurpot- |
alton are as follows:
HOWELL a; DAVIS, PALATKA FLA.
II. Q. HAMM--------lALATKA, Fla. |
l.. w. WARREN ----- PALATKA, FLA. |
We, the undersigned subscribing i'm
'orporators, do hereby subscribe for
he amount of capital stock, WRIT - :"
he left of and Immediately opposite
'ur respective signatures hereto.
In witness whereof we have here
INTO set our hands and subscribed our
names on the day of March, A. d.,
9l3
Seventy (70) shares of capital stock
lowell A. Davis; seventy shares tTO)
hares of capital stock, #, o. Hamm;
evenly G0) shares of capital stock,
j. W. Warren.
'TATE OF FLORIDA,
County of Putnam,
Personally appeared before me, an
'tiicer duly authorized TO talk" ac-
of deeds Howell i,
Davis H. o. Hamm and l.. w. Warren.
ach of whom Is to me well and per
onally known and known by me to
e the persons whose names are signed
0 the foregoing Instrument rs sub
criberS for the amount of capital ,
took of Palatka Development COM
any written to the left of and immv- ,
lately opposite their respective sig =
atureS; and each of whom acknuNl. e
dyed before me that he signed, and .
Secuted each for himself, the fore =
herein expressed; that he has sub :
'rlbed the amount of capital stock in l.
nd corporation so written to the left
and Immediately opposite his name;
nd that the name 50 written is his
gnature.
In witness whereof, l have hereunto
I my hand and official Seal at Pa ..
tka, FLORIDA, this 18th day of March, n
D., 1913. II
JUDGE V, WALTON, Il
Notarlal Seal) Notary Public q
state of Florida at Larg,. 4
MY commission expires the 18th day HI
february, A, D., 1915. Il