The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1915-05-12

w H. HARRISON (Seall
Proposed Charter of Italian American Develop
ment Company
JOHN MALC0LMS0N tSeaI,
II. B. SMITH tSeil

w H. HARRISON tSeall
Proposed Charter of Italian American Develop
ment Company.
The undersigned do hereby associate them
selves together for the purpose OF becoming
a body corporate under the laws Of the State
of Florida. under the name OF Italian Amer
lean Development Company, by and with the
following proposed charter
Article l. The name of this corporation
shall be Italian American Development Com
pany. and its principal place Of business shall
be in Polk county, Florida with its principal
| Office in the city of Lakeland Florida, bur il
may establish other offices at any point that
the Board Of Directors Of the SAID company
| may determine.
Art. . The general nature of he business
| to be transacted by the said corporation shall
| be to secure, take. purchase, own, buy, hold.
sell, lease. mortgage or otherwise acquire or
| dispose Of lands and buildings in Polk coun-
Y. Florida, or at any other point in the
United States to own and operate any and
all kinds of mercantile establishments both
wholesale and retail; to own and operate any
and all kinds of manufacturing establish
ments and plants: to own and operate cleo
tIc light plants, water plants and gas plants
20 hold and acquire franchises OF any and all
kinds to own and operate street railways to
deal in any and all kinds Of personal prop
erty; TO own and operate lumber yards and
sawmiil plants: to own and operate can
ming factories and any and all Kinds of
other factories: to manufacture any and all
kinds OF raw products into the finished ma
ieriai to own and operate farms. groves, or
all kinds Of citrus fruit and other fruit: to
own and operate boarding houses to carry
on and conduct general real estate and
collection business, and to do any and all
things necessary or proper for such business:
TO carry on a general insurance business; TO
carry on a general commission business to
acquire and develop tracts Of land in this or
other States and dispose Of same for cash or
ON time, and to do any and all other things
as may be proper and necessary for cor
porate body under the laws Of this State to
carry out the general purpose Of its business
TO own. hold. buy, and mortgage stocks in
other corpOla atoms, bonds, mortgages. notes
chooses in action. and real and personal props
ery of all kinds whatsoever.
Art. 3. The amount of capital stock Of
SAID corporation shall be Thirty Thousand
Dollars tS30, 00), which shall he divided
into three hundred 5000 shares Of the par
value OF One Hundred Dollars (SlOO.0O) per
share. and the said stock shall be paid for
IN lawful money of the United States or in
property or services at Just valuation to
be fixed by the Board of Directors
Art a. This corporation shall exist per
petualy
Art s. The business Of this corporation
10 wit President Vice President. a Secre-
Towit: President Vice-President a Secre.
AIRY, and Treasurer, and Board Of not |
ess man three nor more than seven Directors |
Ihe Office OF the Secretary and Treasurer
nay be filled by the same person The Board !,
d directors shall be elected by the stock |
loiders at their annual meeting to be held |.
m the second Monday in June Of each and
very year. and the officers of said corporation |