The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1915-09-28

Article !.
The undersigned and their associates here
by associate themselves together as a body
corporate under and In virtue Of the laws Of
the State OF Florida governing general cor
porations. and do adopt the following articles
Of Incorporation:
Article u.
The name Of the corporation is the Lake.
land Realty and Construction Company and
its principal place Of business shall be in the
City OF Lakeland, and 1t shall have offices In
such other places as the business Of the cor
poraton shall require; to be determined by
act Of the Board of Directors, and thereafter
appropriately made Of record.
Article III.
The general nature Of the business or
businesses Of the corporation shall be, and II
shall have the powers following, tOwit:
To buy and sell or in other proper way
secure and dispose Of real and personal prop
erty in the State of Florida or in other States
Of the Union;
To hold real or personal property for en-
hancement in value by appreciating in virtue
of development or otherwise;
To develop lands owned or for others;
To sell lands for others;
To invest or hold as trustees or otherwise,
money:
To invest, pledge, incumber or mortgage
real or personal property held in any man
ner;
To cover assets or any operation Of the cor
poration by a mortgage. and / ssue bonds
against the same Of character and denomina
tion to be determined by the Board Of Di-
rectOrs;
To operate any business or enterprise;
To contract and to be contracted with gen.
orally;
To subscribe to and hold stock in any cor
poration, and, or control the same;
To constitute general agent or agents for
any State in the Union or all Of them, by
power OF attorney or appropriate authorize
ton In the name place and stead OF the cor.
poratiOn, though it were acting to do any
act which it might do. and to couple the said
power Of attorney with an undivided interest
and thereby make the same irrevocable.
Article w.
The authorized capital of this corporation
shall be fifteen thousand dollars, divided into
one hundred and fifty shares Of the par value
of one hundred dollars each.
The capital stock shall be paid in cash,
property, labor or services by either or
any at just valuation to be fixed by the in-
cIrporators by the Board of Directors at
meeting called for such purposes. Property.
labor or services may be also paid for with
capital stock at Just valuation Of such prop
erty, labor or services, TO be fixed by the Board
Of Directors OF the corporation at a meeting
called for such purposes
The capital stock of this corporation may at
any time hereafter be increased or decreased
provided by the laws of the State OF Flor
ida.
Article v.
The period or corporate existence shall be
unlimited and perpetual.
Article VI.
Thebusiness of the corporation is to be
conducted by a Board Of three Directors; a
president, vice president secretary and a
treasurer.
The following persons shall constitute the
Board Of Directors, towit George II. Alfield.
U. W. Iversen and Maude Z. Alfeld; and the
officers Of the corporation shall be as fol-
lows:
President and Treasurer. George H. AlieId.
Vice President, U. W. Iyersen.
Secretary, Maude Z. Alfeld.
Pending or until the regular election OF d.
rectors by the stockholders. which said regu-
lar election shall be held on the first Monday
in January in each and every year.
Article WI.
The highest amount OF Indebtedness or la
bility which this corporation can at any time
subject itself to. shall be forty thousand dol
| lars.
Article VII.
The names and residences Of subscribers. and
the number Of shares subscribed. is as fol-
/ lows:
George H. Alield, Lakeland, Fla, share
U. W. Iversen. Lakeland. Fla, / share
Maude L. Alield, Lakeland Fla, 100 shares
! WITNESS the hands and seals OF the re-
spectie Incorporating subscribers this 2oth
day Of September. A D. 1915.
! U. w. IvERsEN (sean
| MAUDE E. ALFIELD (sean
STATE OF FLORIDA,
| COUNTY OF POLK, S.
| Personally appeared before me- this 2otf
day Of September. A. d. 1915, George H. Al
| field, U. W. Iversen and Msude E. Alfleld, Il
| me well and personally Known. who beins
/ nrst duly sworn. acknowledged that they
signed the foregoing articles Of Incorporation
for the uses and purposes therein set forth
1 In witness whereof. have hereunto set m,
hand and afixed my official seal this ths
day and year above written.
Y Z W. THOMSON, Notary Public
A. K. ERICKSON, attorney for ineorporators
Ass.