The Palatka news and advertiser., 1915-06-18

ed or derived from pine. cypress and
all other kinds of timber; to own and
operate phosphate and all other kinds
| of mining interests and to buy, sell
| and deal generally in all kinds of mine
products; to produce, manufacture, buy,
sell and deal in cotton, grain, and all
other agricultural products; to act as
principal, agent, factor, contractor,
trustee or commission merchant, and
| to buy, sell and deal on commission or
otherwise in land, cotton, lumber, ma
val stores, cross ties, shingles and all
of the products or by-products of pine,
cypress or other kinds of timber, and
to advance and loan money upon the
security of lands, crops, standing tim
| Der and lumber, cross ties, shingles,
and all the products and by-products
of pine, cypress and other kinds of
timber; to build, maintain, own and OPP
crate sawmills, planning mills, dry
kilns, tram roads, steam boats, boats
of any and every description, and boat
| lines, logging machinery and appli-
ances, turpentine stills, cotton gins,
docks, wharfs, and other "lants and
works for the preparation and CONNER
cial utilization of all and every kind
of timber and other forest product and
by-products thereof; and of agrcul-
| tural and mining products; to own,
! cultivate and enjoy all kinds of fruit
groves; to carry on the business of
/
to buy, sell, and deal generally in gro
ceries, commissary stocks, dry goods,
| hardware furniture, drugs and all
| kinds of general merchandise, and all
| kinds of agricultural products and sup
plies at wholesale and retail, and on
commission; to guarantee, purchase,
hold, sell, assign, transfer, mortgage
| pledge and otherwise dispose of the
shares of the capital stock of, or any
bonds. securities or evidences of IN
] ldebtednesS issued or created by any
| other corporation of any State or coun-
| try, and while the owner of stock ray
exercise all of the rights, powers and
| privileges of ownership, including tie
| right to vote thereon, to the SANE X
| tent as natural persons might Do; to
enter into, make and perform contracts
| of any kind with any person, firm as
sociation or corporation, municipality
county. territory state or government
to receive payment for any or all of
| its capital stock in money, property
! (either real or PERSONAL, labor or SER
vices, at a reasonable and just Valua-
Board of Directors of said corporation,
and to have and exercise all such po"-
ers as may be necessary or convenient
for the carrying on of the several bIs-
inesses of said corporation under 'he
laws of the State of Florida.
ARTICLE III
The amount of the capital stock IF
said corporation shall be TEN THOU
4
capital stock of this corporation shall
be divided into one hundred 900
shares of the par value of one Hun
dred Dollars ($10O.O0) each. All or anv
part of the capital stock of this cor
NoratlCn may be payable or issued fnr
money or for the purchase of property.
labor or services, at just and rea-
sonable valuation to be fixed by Its
Board of Directors.
ARTICLE ".
The shares of panita1 stock pf thiS
corporation shall be fully paid for be-
fore issued. and when issued shall be
non assessable.
The term for which this corporation
shall exist shall be ninety nine (9g)
years.
ARTICLE VI.
The highest amount of lndrht NdneSs
or liability to which this cornOrat,on
shall at any time subject itself, shall
be One Numbered Thousand Dollars
ARTICLE VII.
The business of this corporati m snal1
be conducted by a president, a vice.
president, and a secretary and treasur.
er, and Board of three (3) Directors
The number of Directors may " any
time be increased or diminished by the
b.. laws. The Directors shall be cler-
ted Dy the stockholders at eara o1aual
NEE ting. All other officers of this cor
porat:0n shall be elected by the Tree
l'IS at suCH times ana Tor SuIn terms
as may be provided by the bylaws Of
said corporation. The annual meeting
If til" stockholders of this cor torati1n
shall he held on the first Friday in
'' bruary in each year at eleven
o'clock a. M, unless that be a Legal
holiday. then on the next succeeding
Dusi' ess day. The incorporatocs and
stcC '>h"luttS of this corporation shall
me at the Office of said curDurntton
in Hdn'i1P'cn. Florida, on Tu .sJay.
the 27th day of July, 1915, II eleven
o'clock !. m, for the purpose Vt adopt
ing by laws, completing the organila-
tiJn Of this corporation, eleCting OH
CcI% for the ensuing year, and trans
acting such other business rs niay
come before the meeting. Until tn.
officers elected at the first sto, ,krnld-
ers' meeting shall be qualified. the qua
mess of said corporation shall be con-
Quoted by the following officers. $
w. Allen, as president; j. F. GanaS. as
president; ]. F.. Ganas, as seer
tary and treasurer, AM S. w. Ancn
j. F. Ganas and N. z. Allen as Dirrr.
tors.
The names and addresses of the SUI.
Stribtng incul pOrators. tDGcIr-l with
the amount of STOCK 81 IS. Iltl nv
each, are as follows:
S. w. Allen, Huntington, Fla, 80 Shares
j f. Ganas, Huntington, Fla, 40 shares
n. f. Allen, Huntington. Fla. | Share,
S. w. ALLEN
j. F. GANAS
n F. ALLEN