The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1915-02-24

sociations. Every stakeholder holding paid
~ stock shall be entitled at any annual,
regular or called meeting Of the stockholders
10 one vote for each share Of stock owned by
him and each member Of this company, Il
his stock has not been paid for in full. shall
De entitled to one vote In any annuai regular
or called meeting Of the stockholders for each
share Of stock subscribed for by him, provided
that the said person has been a member Of the
company for period Of ninety days and Is
not In default or arrears, and provided fur
ther that no member shall be entitled to more
than twenty-five ts5) votes in his own right
Article 8. The business Of this corpora
ton shall be conducted by the following Of
hcers towit: A president vice president,
q secretary. and treasurer. an attorney or at
torneys. and a board Of thirteen directors. No
person shall hold two of1ces in this corpora
tion. provided. however. mat any stockholder
may be director and hold any other one
once at the same time. The board Of d.
rectors shall be elected by the stockholders at
their annual meeting held al the ONCE Of the
corporation In the city Of Lakeland. Florida,
on the third Monday in June Of each and ev-
cry year. and the ofncers Of said corpora
ton shall be elected BY the directors at their
annual meeting to be held Immediately after
the annual stockholders' meeting. The Board
vacancies among their number BY temper
airy election until the succeeding annual
meeting Of the stockholders No person shall
hold any ONCE in this corporation unless he
De q menlDer. AL OF tne ABOVE Oucer8 snail
hold their places until their successors are
elected and duly qualified The names Of the
officers to serve until the FIRST annual meet
ing are as follows: NJ. +. Hetherington.
president; B. +. Wilson. vice president; n
G. willard. secretary; w. R. Grower. treas
urer; Rogers & Spencer attorneys The d.
rectOrate shall consist Of H. d. Bassett. w.
X. Grower, w. H. Harrison. NJ +. Hethering
ton. George w. Mershon G. c. Rogan, D. o.
Rogers, s. +. Smith. william Steitz NJ. G.
willard. B. f. Wilson. J. P. Wilson and J.
L. Skipper
Article Z. The highest amount Of indebt-
edness or liability to which this corporation
can at any time subject itself shall be no
greater than twenty per cent go per cent? Of
its gross assets.
! Article g. The by laws Of this corporation
shall determine the method Of making loans
to the members Of this company, and shall
prescribe the rates Of interest to be charged.
and shall make regulations for assessments,
premiums dues. and fines, under the Building
and Loan Association laws Of this State.
Article 8. The names and places Of resi-
dence Of the subscribers to these articles Of
Incorporation and the amount Of stock sub
, scribed for by each are as follows:
E. +. Heath. Lakeland. Florida, 1--WE t5)
shares
H. D. Bassett. Lakeland. Florida. ten tlo)
shares
W. R. Grower, Lakeland. Florida five t5)
shares
NJ. F. Hetherington. Lakeland. Florida. ten
| u0) shares.
VI. H. Harrison, Lakeland. Florida. ten t1O)
| shares.
George W. Mershon. Lakeland. Florida. uO)
| shares.
6. c. Rogan. Lakeland. Florida. ten uo)
! shares.
D. o. Roger. Lakeland Florida ten uO)
| shares
J. L. Skipper. Lakeland. Florida. ten uo)
S. +. Smith. Lakeland. Florida. ten uo)
shares.
william steitz. Lakeland. Florida. ten ~.
shares.
NJ. G. willard. Lakeland. Florida. eleven
B. F. wilson. Lakeland. Florida. five t5)
J. P. Wilson. Lakeland. Florida. five 81
shares.
Edwin Spencer Jr.. Lakeland. Florida. ter
(l0) shares.
shares
George w.. Pixley. Fort Wayne. Indiana
twenty t20) shares.
]. McNab, Buchel. Kentucky. ten no.
IN WITNESS WHEREOF. the said incor
seals this 22nd day Of February. A. D. 1915
EDWIN SPENCER. JR. tSeaD
MI HETHERINGTON tseaD
W H HARRISON (SeaD
| G ROGAN (SeaD
GEORGE w PIXLEY (Seal)
l. SKIPPER (SeaD
GEO. W. MERSHON (SeaD
VIM STEITZ (SeaD
VIM STElTZ tSeal)
L BF WILSON (SeaD
MG WILLARD (SeaD
ii II d BASSETT (Sean
JP WILSON (Seal)
II MAY PATE (Sea)
i W GROOvER (SeaD
J McNAB (Seal)
EFF HEATH (SeaD
o ROGERS (Sca)
SAMCEL + SMITH (SeaD
STATE OF FLORIDA,
lCOUNTY OF POLK
Before me. the undersigned authority. pc