The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1914-01-15
ARTICLES OF INCORPORATION OF
Punta Gorda- Havana Cigar Company
ARTICLE I.
Name.

ARTICLE I.
| Name.
the name OF this Corporation shall be
ARTICLE u.
| Nature of Business
The general nature of the business or
businesses to be transacted by this COR
poration shall be as follows: NJ 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 divi-
dends; to own. erect, construct or lease
or rent suitable buildings. and to buy,
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 busi-
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 efnbIems. and all
Inventions, improvements and processes
used I'm connection with said corporate
business, or secured by registry or copy
right I'm the United Stats, or otherwise.
and to hold own or sell or dfsposeof the
same as assets of the corporation
To borrow money and execute neces-
sary notes and mortgages 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
ton, should TT elect to do so; and this
corporation shall also have the power to
purchase, hold and vote stock I'M other
corporations of like nature or other
wise; to acquire and undertake. AIN or any
part of the business assets and securi-
ties of any person. firm or corporation:
to receive, payment for all or any part
of the capital stock subscribed Inn money,
property. labor or services at a. IUSt valu
alton to be: fixed by the board of direct
ors.
And it Lis understood that the enumer-
alton of the special powers above set
forth shall not be held to be q 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 its busi-
ness, and this corporation sian have all
the powers authorized by the State of
| Florida and usually granted to corpora
tons organised under the laws thereof.
| The principal place of business of this
Corporation shall be Punta Gorda, Fiori-
| 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 payable in 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 is ninety-nine years
| The business of this corporation shall
be conducted by the following officers,
| to-wit: a President, Vice President,
4 same person shall be. eligible to hold the
| two latter offices) who shall be elected
| by the board of directors to be composed
| of not less than three nor more than
| seven, and any other officers of this COR
poration shall be elected by said board of
directors.
ARTICLE v.
| Officers
| The officers of this corporation shall
hold office for the period or term of one