The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1914-01-01
ARTICLE !.

ARTICLE l..
Name.
The name of this Corporation shall be
Punta Gorda- Havana Cigar Company.
ARTICLE II.
Nature OF Business
The general nature of the business or
businesses to be transacted by this cor
poration shall be as follows To own,
engage in and conduct the business of
manufacturing cigars, to purchase all
such kinds OF tobacco as may be needed
in such manufacture. to own, trade. sell
or otherwise dispose of the cigars so
made, to deal and traffic in cigars and
tobaccos generally, to pack and ship the
same; to sell its shares to customers for
cash, terms, or part cash and part dfvi-
dends; to own, erect, construct or lease
own. sell, lease, exchange and develope
real estate; to own and operate sawmills
or other plants for the manufacture of
cigar boxes or packing cases;to purchase.
hold, use. and enjoy any and all kinds OF
chooses in action and all kinds of person
al property; and to buy. sell and exchange
any and all kinds of property that may
be necessary or convenient in the car
rying on and conducting of the said bust
ness.
To apply for. obtain, register, purchase.
lease or otherwise acquire and to hold,
own use, operate, Introduce, sell. assign
or otherwise dispose of any AMI all trade
marks, brands, devices, trade names and
distinctive marks and emblems, and all
inventions, improvements and processes
used in connection with said corporate
business, or secured by registry or copy
right in the United Stats, or otherwise,
and to hold, own or sell or disposeof the
same as assets of the corporation.
To borrow money and execute neces-
sary notes and marriages to secure the
same, and to issue and sell bonds, Sc
cured by trust deed in the nature of
mortgage covering the property of this
corporation.
And this corporation shall have the
power to consolidate the stock, property,
real. personal or mixed, rights, powers
and privileges, with any other corpora
ton, should it elect to do so; and this
corporation shall also have the power to
purchase, hold and vote stock In other
corporations of a like nature or other
wise; to acquire and undertake all or any
part of the business assets and securi-
ties OF any person. Arm or corporation;
to receive payment for all or any part
of the capital stock subscribed in money,
property, labor or services at just valu-
alton to be fixed by the board of direct
ors.
And it is understood that the enumer-
forth shall not be held to be restriction
upon the powers of this corporation, but
this corporation shall have power to do
any and all things that may be necessary
or convenient for carrying on it's bust
ness. and this corporation shall have all
the powers authorized by. the State of
Florida and usually granted to corpora
lions organized under the laws thereof
The principal place of business of this
Corporation shall be Punta Gorda, Ffori-
da.
ARTICLE ~.
Capital Stock.
The amount of the capital stock of this
corporation shall be ten thousand Dol
lars. which shall be divided into two
hundred shares, at a par value of fifty
Dollars per share. The terms and condi-
tions upon which the capital stock shall
be paid in shall be as follows: Not less
than ten per cent of said capital stock
shall be subscribed and fully paid for be-
fore the said corporation shall transact
any business, provided, that all or any
portion of the capital stock may be
made payablegin property. labor or servi-
ces at a Just valuation to be fixed by the
board of directors of said corporation at a
meeting called for that purpose.
ARTICLE W
Term.
The term for which this Corporation
is to exist Iis ninety-nine years. !.
The business of this corporation shall
be conducted by the following ofiieers,
to-wit. a President, a Vice. President,
a Secretary, and aaTreasurer (but the
same persbn shall be eligible to hold the
two latter offices), who shall be elected
INV the board of directors to be composed
| az not less than three nor more than
seven. and any other officers of this cor
poration shall be elected by said board of
uii oo'' ARTICLE v.
officers
The officers Of this corporation shall
hold office for the period or term of one