The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1914-01-08

ARTICLE I.
Name.
| I I name Of this Cooperation shall D.
Punta Gorda- Havana Cigar Company.
ARTICLE II.
Nature of Business
Inc general nature of the business Of
| businesses to be transacted by this cor
poration shall be as follows: To own
engage in and conduct the business O
| manufacturing cigars, to purchase al
| such kinds of tobacco as may be needed
IN such manufacture, to own, trade, sci
or otherwise dispose of the cigars sc
made, to deal and traffic in cigars anc
tooaccos generally, to pack and ship the
same; to sell its shares to customers for
casn, terms, or part cash and part div1-
uenus' 10 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,
noid, use, and enjoy any and all kinds OF
cnoses In action and all kinds of person
al property; and to buy, sell and exchange
any and all kinds of property that may
De necessary or convenient in the car
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 mortgages to secure the
same, and to issue and sell bonds, Sc
cured by trust deed in the nature of a
mortgage. covering the property of this
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 1t 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, firm or corporation;
to receive payment for ali or any part
OF the capital stock subscribed in money,
labor or services at just valu-
alton to be fixed by the board of direct
ors.
And it Is understood that the enumer-
ation of the special powers above set
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
shall be Punta Gorda, Flori-
da.
ARTICLE ~.
Capital Stock.
The amount of the capital stock of this
shall be ten thousand Doll
lars. which shall be divided into two
hundred shares, at par value of fifty
Dollars per share. The terms and confli-
tons 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 shah transact
any business. provided, that all or any
portion of the capital stock may be
made payable in property. labor or seryi-
board OF directors of said corporation al
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. q President, Vice. president.
a Secretary, and Treasurer fbut 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.
Officers
THE officers of this corporation shall
hold office for the period or term of one