The De Soto County news. [volume] (Arcadia, Fla.) 1898-1924, 1916-01-20

tiers Patent, Incorporating us and such
others as may become associated with
us, under the following proposed char
ter, the original of which is on file In
the office or the Secretary Of state, OF
the State OF Florida.
r. L. WILLIAMS,
]. COKER,
j. e, GLOVER.
Proposed Charter OF Limestone Manu-
featuring Company.
We, the undersigned, and such 9TH
crs 3 may hereafter become assoclat-
ed with US, hereby associate ourselves
together FOR the purpose OF becoming
a corporation under the laws Of Flor
Ida, by and under provisions OF the
state OF Florida, providing for the for
nation of liabilities, rights, privileges
and immunities Of corporations for
profit
ARTICLE
The name Of this corporation shall
be Limestone Manufacturing Company,
It's principal place of business shall be
Limestone, DeSoto County. Florida,
Jacksonville, Duval County and at
such other points in the State OF FLOR
Ida and in the United States and for
eign countries as may be from time 10
rectors.
ARTICLE 2.
The general nature OF the businesses
to be conducted and carried on Is:
(a) The Company shall have the
power 70 purchase, or otherwise ac-
mortgage, exchange, sell and convey
both real and personal property or any
interest therein for any purpose, ~
purposes whatsoever.
OBJ To own and acquire by lease a
otherwise and to operate Saw Nil =.
Planning Mills, Dry Kilns, and to pun
chase, import, export and dispose p
timber of all kinds and to manufa
u Trnn Int N 1NfV Ng
Ing and other products manufacture
from timber; also TO own, construs
lease and operate all tram roads, ru'r
roads, steam or other sailing vessels a
may be necessary and convenient Z"
the conveyance Of timber and mans
featured products of the Company
and from It's mills; also to engage f.
and conduct general mercantile bur
mess; also to own and acquire by lea
or otherwise and operate Naval Stcr-
Plants FOR the purpose of manufactU
ing spirits Of turpentine, rosin and
soy-products pertaining thereto, ais
to act as brokers in the Naval Stor
business, generally, including the pow
err to sell and dispose Of all kinds {,
Naval store products, and to own ar
acquire by lease or otherwise. lana
and timbers and leases to lands ar
timbers necessary for the operation =
Saw Mills and Naval Store plants; a,
so to hold, acquire and dispose Of Il
stock or bonds of other corporation
=.
to borrow money and to make and ~
cur Indebtedness, and to secure TIT
same by liens, mortgages, bonds
otherwise upon the property of II
Company, real, personal or mixed, ais
to enter into and execute all contrac'
which may be necessary or proper
the transaction of any business or bu.
inesses Of said Company, and to haV
such other general and special powet
as are granted by the laws OF the stat
of Florida, to corporations for profit
ARTICLE 8.
The capital stock of this Corporatio
shall be Six Thousand $4,000 00) Dol
lars, divided into sixty (60) Shares. G.
the par value Of One Hundred 100000
Dollars each, payable in lawful none
of the United States, or in property, la
Dor. or services at a Just valuation I /
be fixed by the Stockholders or by tn !
Directors of the Corporation, at tn /
organization meeting. had after tn |
granting of the charter herein apple |
sold, issued. assigned and transferre |
only In accordance with such bylaw |
as the Corporation may from time { |
time make, change or alter with a lie |
upon all of its capital stock or any in
debtedness which may at any time b |
due by the holders of the same unit |
the Corporation and which shall be a
of every character, and all assignments
or transfers of such stock shall be sub
ject thereto.
This Corporation shall exist for n
period Of niDety-nine years.
ARTICLE s.
The seal of this Corporation shall be
rhinestone Manufacturing Company
1916" around the circle, and the word
ARTICLE 6.
The business of this Company shall
be conducted by a Board of Directors
and shall be composed Of not less than
three go nor more than seven Cd
stockholders; The Officers shall be q
Manager, a Secretary and Treasurer,
but more than one office may be held
by one Director. except the offices OF
President and Vice President. Until
the first annual meeting Of the Compa-
ny, the following shall be the officers:
r. L. Williams, President, General
Manager and Treasurer;
]. cocker. Vice President;
]. E. Glover, Secretary;
and the said r. L. Williams. ]. Cocker
and ]. e. Glover shall compose the
Board or Directors until the first an
nual meeting Of the Company.
The frst meeting Of the Company
shall be held on the 31st day of Janu-
airy, A. d. 1915, at Limestone, DeSoto
County, Florida, for the purpose of
company and ns ADOPTING sylaws and
business. The annual meet
Ing of the Stockholders of the Compa-
ny shall be held on the Tuesday after
the second Monday of January of each
and every year, beginning with the
year 1917.
The Board of Directors shall be COM
posed of not less than three (3) nor
more than seven "a stockholders. and
from this membership the Board of
Directors shall elect President, a
Vice President, a General Manager, a
Secretary and Treasurer. and any Di- |
rector may hold one or more of said
offices except the offices OF President
and Vice President
ARTICLE Z.
The highest amount of indebtedness
Or liability to which this Company can
at any time subject itself shall be
One Hundred Thousand 100000. 00l
Dollars.
ARTICLE 8.
The names and residences OF the in
OF this Company ana the
mount of capital stock subscribed by
ZACH are as follows:
r. L. Williams. Jacksonville, Flor
da, 20 Shares,
j. Cocker. Limestone. Florida, 10
j. 3. Glover. Limestone. Florida, 10
IN WITNESS WHEREOF, we have