The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1916-01-12
NOTICE OF INTENTION TO APPLY FOR
LETTERS PATENT

Notice is hereby given that the undersigned
will apply to the Governor of the State OF
Florida, at Tallahassee. the 18th day of
February. A. d. 1916, for Letters Patent in
cooperating the Peoples state Bank Of Lake
land under the following proposed charter,
the original OF which is now on file in the
office OF the Secretary Of State of the said
State OF Florida.
Witness our names this fourth day of Jan
uary, A ID. 1916.
W. T. OvERSTREET
II. VI. COWLES,
JOHN l.. FOUTS,
j. {. WILLIAMS,
H. NJ. COLE,
GEO C. BARTON
PROPOSED CHARTER OF PEOPLES STATE
BANK OF LAKELAND FLORIDA
The undersigned hcorporators hereby asso-
ciate themselves together for the purpose of
becoming Incorporated and forming a corpora
ton under and by virtue of the Laws of the
State of Florida. with and under the follow
Ing proposed charter:
The name of the corporation shall be the
Peoples State Bank Of Lakeland, and Its place
OF business shall be in the city of Lakeland
in the county of Polk, and State of Florida
H.
The general nature of the business to be
transacted shall be that OF general Banking
business with powers incident thereto as pro-
,ided by the Statutes of The State of Florida
III.
The amount of the capital stock of said cor
poration shall be Fifty Thousand Dollars to
be divided into five hundred shares of the
par value of One Hundred Dollars ($lOO)
each, to be paid in cash.
~.
| The term for which said corporation shall
exist shall be one hundred years.
The business of said corporation shall b,
conducted by the following officers
a president. one or more vice presidents !
'board OF five directors, cashier and sucl
4 other officers and employees as the corpora
ton may authorize. The board of director
may appoint subordinate officers and employ
ees with such powers. duties and terms o
office as they may prescribe, or as may b.
provided by the bylaws, not inconsistent viii
the banking laws
The directors shall be elected by the stock
holders at each annual meeting. All othe
officers and employees shall be elected an
nually by the Board of Directors The an
nual meeting of the stockholders shall be he'll
on the first Monday, January in each year
VII.
Until the officers elected at the first annua
meeting of the stockholders shall be qualified
the business Of said corporation shall he con
Quoted by the following named officers:
w. I Oyerstreet. President John L. Fouts
First ce-President: II. NJ. Cowles, Cashe,
and John l. FOuts. W. T. Overstreet j. {
Williams, II. NJ. Cowles and George e Bar
ton, directors.
The highest amount of indebtedness or othe
liability to which the said corporation shal
at any time subject itself shall be as Unite
aid defined in Section 2Tl2 of the Genera
Statutes of the State of Florida
TX
The names and residences Of the subscriber
and the amount Of capital stock subscribe,
by each, are as follows
Name Residence. No of Share
w I Overstreet Lakeland, Fla------5O
John L. FoutS. Mulberry Flaa 80
IL NJ Cowles. Lakeland. Fla----- 90
H. c. Williams. Lakeland, Fla------ 20
H NJ Cole, Lakeland. Fla----- ;,
Geo c. Barton. Lakeland Fla 10
STATE OF FLORIDA,
County of Polk
Before me, the undersigned Notary Public il
and for the State Of Florida at Large per
Sonally appeared W T. 0verstreet John |.
Fouts, H. NJ. COwes. J. c. Williams. II VI
Cole and Geo. c. Barton. all 10 me wei
known. and known TO me TO be the individual.
described in and who executed the foregoin.
proposed Charter of the Peoples State RanI
lot Lakeland, and each being duly sworn
Iseverally acknowledged that he executed tn,
same for the uses and purposes therein ex
ipreSsed
In witness whereof I have hereunto Sc
my hand and affixed my notarial seal th
ith day of January. A D. 1916
| +. W. THOMPSON
Notary Public, State Of Florida
Ny commission expires February s, 1919
Tallahassee. Fla. January Z 1916
The name of Peoples State Bank Of Lake
land. is hereby approved
W v KNOTT
1910 Comptroller of the state Of Florida