The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1916-06-02

/ W.
L. " HISAk.
]. [. SAULS.
G. W. THOMSON.
ARTICLES OF Incorporation OF
/ PENINSULAR INVESTMENT CORPORATION
/ The undersigned and their associates here
by associate themselves together as body
corporate under and in virtue OF the laws Of
the State OF Florida governing general cor
/ porations. and do adopt the following ar
ticles of Incorporation
ARTICLE
The name Of the corporation is PENINSU-
LIAR INVESTMENT CORPORATION, and its
principal place Of business shall be in the
city Of Lakeland. Florida. and it shall have
offices in in such other places as the busi-
ness Of the corporation shall require, TO be
determined by act of the board of directors
and thereafter appropriately made Of record.
ARTICLE II
The general nature Of the business or BUSH
nesses Of the corporation shall be, and II
shall have the powers following. to-wit:
To deal in, import, export, purchase, manu-
facture. acquire, SELL mine, quarry, concen-
trate. smelt, reduce, distill, treat extract, re-
fine, prepare or produce in any manner what
soeve5 by any process whatever, any sub
stance whatever. simple complex, compound,
whether mineral, animal, vegetable, metallic.
wooden, chemical, or in any physical c0ndi-
ton, solid, liquid or gaseous;
To acquire. own plant and operate, nurs-
cries for the propagation and sale Of trees,
plants and shrubs: TO acquire, own, maintain
anc operate. groves, orchards, farms and gar
dens for the growing and sale OF agricultural,
horticultural and floral products; to manufac-
ture, buy and SELL lumber, lathes, shingles,
barrels, boxes and crates, and barrel, box,
crate and building material, fertilizer and
fertilizer materials; to manufacture and trade
In juices and extracts and other food prod
ucts from fruits and vegetables; to manu-
tacture buy. SELL erect and construct ma
phines and machinery; TO acquire, construct,
maintain and operate, electric light and power
plants. gas plants water works. ice plants.
rod storage plants and refrigerator plants, for
public and private use to acquire, construct.
maintain and operate irrigating plants, heat
Iing plants. rice mills, oil mills, sugar mills,
fiber factories, fruit and vegetable canneries
and factories, anG deal in the products there
Of to dig, mine, quarry dredge and remove,
phosphate rock, soft phosphate or pebble phOs-
phate, earths. clays, marls, rock. gravel, min
eral, oils. and other clay, fertilizer paint oil,
or mineral bearing substances, and to trade
therein, and 10 manufacture and trade in
products therefrom; and TO trade in general
merchandise
To establish. by purchase. lease. charter Or
any other manner Of transaction, and to maiii-
tain and operate, tramway or tramways
railway or railways vessels or other means
of navigation. and any other manner Of
transportation necessary convenient for H.,
efYcctuation Of the purposes Of this corpor"
zion, hnt not for public use
To establish. maintain and operate, in any
state or country. a plant plants for the
transformation Of inipluble phosphate into
soluble phosphate and the union of phoi-
phate with any other element or elements, or
combination Of elements where admission
may properly be had under the laws If such
state or country
To acquire by purchase concession, cX-
change, lease or otherwise, and 10 construct
erect operate, hold, maintain and manage, all
offices warehouses. elevators, factories, stores,
shops, mills, machine shops, power plants, de-
pots, wharveS, boats, vessels rolling stack,
hotels, lodging houses. houses u amusement,
commSsaries and any other structures and
erections necessary convenient for the car
rylng on Of its business and ell Other prop
erty, real or personal, necessary IT useful for
the carrying on Of any OF the purposes of the
corporation, and to lease. sell or otherwise
dispose of the same.
To acquire or undertake the whole or any
part Of the business, property. liabilities ~
assets Of any individual partnership or cor
poration carrying on any business which the
company is authorized to carry on. and to
issue paid up shares or bonds or both for the
payment Of the purchase price thereof; and
to subscribe TO- buy and in any manner ac-
quire hold and own. to trade, transfer,
sell and in any manner dispose of, stock in
other corporations. bonds mortgages, or O;nrr
manner Of securities
To receive and hold franchises for any pur-
pose.
To invest pledge, cucumber or mortgage,
real or personal property held in any man
ner; to cover assets or any operation Of the
corporation by mortgage, anG issue bonds
against the same of character and denomi
nation to be determined by the board of di-
rectors.
To sell, improve, manage, develop, exchange,
icase, dispose Of, turn to account, or other
wise deal with all or any part of the property
and rights Of the corporation,
To sell. improve. manage, develop, ex-
change, lease dispose Of. turn to account, or
otherwise deal with real and personal prop
Prty for others as agent
To invest hold trustee or otherwise,
money.
To do all or any Of the above things as
principal, agent contractor or otherwise, and
either alone in conjunction with others,
Notwithstanding the foregoing and without
limiting or effecting the scope thereof, TO do
all matters and things and carry on all busi-
ness which may in any way flow from the
objects for which Incorporation is sought or
which may be necessary, convenient or al
yantageous to do perform with a view to
carrying on or enargng the scope and in
.entions of the company.
ARTICLE III
The authorized capital of this corporation
shall he two million dollars, divided into
twenty thousand shares Of the par value OF
one hundred dollars each
The capital stock shall be paid In cash.
labor or services, or by either or
any at a Just valuation TO be fixed by the in
corporators or by the board of directors at a
meeting called for such purposes. Property,
labor or services may be also paiu for with
capital stock at a Just valuation Of such
property. labor or services, to be fixed by the
board Of directors at a meeting called for
such purposes.
The capital stock Of this corporation may
at any time hereafter be increased or de-
provided by the laws Of the State
Of Florida.
ARTICLE "
The period u corporate existence shall be
perpetual and unlimited.
ARTICLE
The business o. tine corporation is to be |
conducted by heard Of not less than five or
asrO than nine directors, a president, a first
vice president, second yice-prCsidsnt,
treasurer, secretary, general manager ard
such further officers as may he determined by
he board of directors
The following persons shall constitute the
Board Of Directors tO-wit w Schmidtmann |
L. V. Hysan, J. L. Sauls, Z. Norval Fortson
AnC f. W. Thomson; and the officers shall
ne:
W. Schmidtmann, president and general |
manager.
L. V. Hysan, first vice-president.
], l.. Saule second vice-presdent
f, Noryal Fortson, treasurer
f. w Thomson, secretary
Who shall hold office until their successors
qualify
Directors shall be elected at the regular an
aual meeting Of the stockholders, which said