The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1915-10-12

City Of Lakeland. and it shall have offices in
such other places as the business OF the cor
poration 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 Il
shall have the powers following, towit
To buy and sell or in oIher proper way
secure and dispose Of real and personal prop
erty in the State Of Florida in other States
of the Union;
To hold real or personal property for en-
hancement in value by appreciating in Writ re
Of development otherwise;
To develop lands owned or for others:
| To sell lands for others:
To invest 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 mortgage. and / Ssue bonds
against the same Of character and denomina-
Jion TO be determined by the Board Of Di-
| rectOrs:
To operate any business enterprise
/ To contract and 10 be contracted with gen.
| orally:
To subscribe to and hold stock in any cor
poratiOn, and or control the same;
/ To constitute general agent agents for
any State in the Union all of them, by
power of attorney or appropriate authorize
zion in the name, place and stead OF the cor
porarion. as though il 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 ~.
The authorized capital Of this corporation
shall be fifteen thousand dollars divided into
one hundred and fifty shares of the par value
Of hundred dollars each.
The capital stock shall be paid in cash
property, labor or services, or by either OF
amy Ar Just valuation to be fixed by the in
CorporatOrs by the Board of Directors al
meeting called for such purposes, Property
labor or services may be also paid Tor with
capiral stock at just valuation Of such prop
erty, labor or services, TO be fixed by the Boart
Of Directors of the corporation at Il meeting
called for such purposes.
Tie capital stock Of this corporation may a
any time hereafter be increased decreased
as provided by the laws of the State of Flor
ida
Article "
! The period corporate existence shall b.
unlimited and perpetual.
Article VI.
ThebusinesS of the corporation is TO b
conducted by Board of three Directors;
president a vice president. secretary ana
treasurer
The following persons shall constitute tn
; Board of Directors, towit: George II, Allied
a L. W. Iversen and Maude Z. Allied; and th
= officers of The corporation shall be as fol
I / lows
4 President and Treasurer George II, Altielt
Vice President, t. W. kersen.
u Secretary, Maude T. Alheld
a Pending or until the regular election OF Ill
: rccorS by the stockholders, which said regu
: lar election shall be held on the first Monda
y in January in each and every year.
. Article WI.
The highest amount Of Indebtedness or liza
] hilitN which this corporation can at any tin
4, subject itself 10, shall be forty thousand do
e lars, H.
Article VIII
The names and residences OF subscribers, an
the number Of shares subscribed Us as 10
lows.
d George IL Alfield, Lakeland, Fla. l share.
|. u w Iversen. Lakeland, Fla, share.
10 Maude T. Alileld. Lakeland, Fla. 100 share
~ WITNESS the hands and seals of the r.
a Spectke Incorporating subscribers tins S0
day Of september. A ID. 1913.
GEORGE II. ALFIELD tSeal)
T. W IVERSEN tSeal
MAUDE T. ALFIELD tSean
r STATE OF FLORIDA,
COUNTY OF POLK. IS.
Personally appeared before me, this ~
day Of September. A. ID. 1918, George H. a
field l. W Iversen and Maude h. Aiheiu'
= me we'll and personally known, who ben
" first duly sworn. acknowledged that IN
# signed the foregoing articles of incorporate
r for the uses and purposes therein set forth.
rs In witness whereof l have hereunto set u
hand and affixed my official seal this q
day and year above written.
p + w THOMSON Notary Public.
I'd A. X ERICKSON. attorney for incorporation