The De Soto County news. [volume] (Arcadia, Fla.) 1898-1924, 1916-12-07
LEGAL ADVERTISING.

..4+ . . = y = . . =
Notice Of Intention 90 Apply for Let
ters Patent
Notice Is hereby given that the un-
dersigned will apply to His ENcollen-
cy, Park Trammell, Governor Of the
state Of Florida, at Tallahassee, Flor
ida, on the 30th day Of December A.
y. 1915, for Letters Patent to issue
to ARCADIA DRUG STORE, Of which
corporation the following shall be the
Articles Of Incorporation.
Z. j. wellington,
w. ]. Downing,
j. S. Wells.
II. p. Bevis,
Jno. W. Burton.
Articles OF Incorporation of ARCADIA
DRUG STORE.
ARTICLE !. The name Of this cor
poratlon shall be Arcadia Drug store.
its principal place of business shall be
i'm the city Of Arcadia, DeSoto County
Florida, and such other places in the
state OF Florida, as branch stores may
be tablished by the Directors.
ARTICLE II. The general nature Of
the business to be transacted by this
corporation shall be as follows: To es-
tablish, maintain, conduct and oper-
ate a general drug store, in all the
branches pertaining thereto, consist
ing OF buying and selling drugs and
medicines Of all kinds, proprietary or
otherwise, compromising prescriptions.
and manufacturing and dispensing
I
pounds; to buy and sell toilet articles
and notions, stationery and stationery
articles, candles and CONNECTIONS,
school and officer supplies, books.
furniture and equipment, articles Of
goods, wares and merchandise; to
manufacture and dispense at fountain
and otherwise drinks and beverages;
to patent medicines and medicinal
compounds and combinations. and ac-
quire patent rights to such and to
| manufacture such as IT shall patent or
the patent Of which II shall acquirei
q acquire by contract purchase.
desirable, needful or necessary to the
establishing, operating and carrying
on the said general drug business with
its incidental businesses.
In the establishment, operation,
conduct and carrying on Of the said
general drug business, the corporation
shall have the right to purchase. lease,
sub -leaso, hire or otherwise acquire
real or personal property, improved or
unimproVed, and to sell, dispose Of
lease, mortgage or otherwise cncum-
Der manage, operate and erect build
ings for the purpose Of said corpora
tiou; to make contracts of any Kind
whatsoever for the furtheranCe of Its
said business and incidental busi-
nesscs, including agreements or con-
tracts with other corporations, COM
panies and individuals; to borrow or
raise money by the issue or sale of
Of the corporation, and invest any
money so raised in any manner incl
dent to the purpose Of the general
purpose and incidental purposes Of
said corporation; and, in general 10
carry on any other business in con-
neCtion herewith, whether here in oN-
pressly stated or otherwise, and to en-
JOY all rights and privileges Of cor
poration for profit as conferred by the
|. laws Of Florida.
ARTICLE III. The amount Of Cap
ital Stock OF this corporation shall be
Ten Thousand Dollars G1O,OOO). di-
Vided into one Hundred G0O) shares
of the par value of one Hundred Dol
lars ($lOO) per share. The Capital
stock may be payable, either wholly
or in part, In cash, or in property,
contracts, formulae, labor or services,
at just valuation thereof, to be fix
ed by the Board of Directors at a
meeting to be held for that purpose
ARTICLE ". This corporation shall
exist for term Of ninety-nine (99)
ARTICLE V. The business of said
corporation shall be conducted by the
Following officers, to-wit: A Presi-
dent a Secretary, and Treasurer
(the same person shall be eligible to
hold the latter two offices), and such
other officers, and such employees as
shall be designated in the bylaws or
any amendment thereofi and Board
OF Directors, consisting of not less
than three nor more than FIVE mem
bers, the number to be fixed by the
bylaws of the corporation.
The annual meeting of stock hold
ers for the election Of all officers shall
be held on the first Tuesday following
the first Monday in January Of each
year.
Until the officers elected at the first
election shall be qualified, the busl-
ness Of this corporation shall be con
Quoted by the following named Off
GERS:
J. s.; Wells, President
d, w. j. Downing, Secretary and
II. p. Bevis, Director
y. ]. Wellington, Director,
j. W. BArton, Director.
ARTICLE VI. The highest amount
Of Indebtedness or liability to which
this corporation may at any time
subject itself shall be Twenty Thou
sand Dollars G2O,OOO).
ARTICLE VII. The names and resi-
dences OF these subscribing incorpo.
rators Of the said corporation, togeth-
er with the number OF shares of the
Capital Stock subscribed by each, shall
be as follows:
w; J. Downing, Arcadia. Florida,
II. p. Bevls, Arcadia. Florida, Is
j. S. Wells, Arcadia, Florida, 6
Z. J. Yelvington. Arcadia, Florida
j, w. Burton, Arcadia, Florida, 20
shares.
IN WITNESS WHEREOF. We. the
said incorporators have hereunto set
our hands and affixed our private
seals, on this the 2Sth day Of Novem-
Der, a. d. 1916.
W. ]. Downing (SeaD
H. T, Bevis (SeaD
j. 5. Wells (SeaD
Z. J. Wellington (SeaO
j. W. Burton (SeaD
State of Florida, County of DeSoto,
HEREBY CERTIFY, that before
me, a Notary Public OF the State OF
Florida, personally came w. ]. Dow
ming, II. p. Bevis, ], S. Wells, e. J.
Lexington, and j. W. Burton, each
to me well known, and known 10 mo
to be the individuals described in and
who subscribed his name to the fore
going proposed Charter of Arcadia
Drug Store. and eavara1Iy