The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1916-05-20

Notice is hereby given that on " ed-
uesday, the 14th day OF June a, u, LSLe'
signed to the Honorable Park Irsmme!l'
Governor Of Florida, at his office In Tar
lahassee in said state, for letters patshL
On the proposed charter of the Lutz snip
ping co. corporation, q copy OF which IS
hereto attached.
JOHN A. MERRITT.
RICHARD H. TURNER
We, the subscribers hereto F. Lut7'
John A. Merritt and r. Fl. Turner, DO
hereby apply for letters patent incorpo-
rating US, our associates, successors sno
assigns, into corporation In acceptance
with the laws Of the State OF Florida un-
der and upon the following proposed
charter.
The name OF the corporation shall be
Lutz Shipping Co, and as
place OF business shall be at Pensacola
Florida, and it shall have power to es-
said state or elsewhere as its board OF
directors or stockholders may determine
2.
The general nature OF the business to
be transacted shall be to own, buy, sell
mortgage. lease, hire, manage. control.
charter and operate to and from any
place or port vessels and other water
craft and lines OF vessels Of all kinds for
itself and as agents for others; to make
all appropriate or needful contracts IN
Guiding charter parties and contracts Of
affreightment, and do all of the acts
and exercise all powers necessary, Incl
dental or convenient to the conduct OF
said business.
g.
The amount OF capital stock author.
feed shall be One Hundred Thousand
Dollars, divided into one thousand shareE
OF One Hundred Dollars each, and ali
such capital stock shall be payable in
property, to-wit: vessels and other water
craft at a Just valuation by the incor-
. ~ - a re-
accepted. and II not by the incorporators
at said ime hen by he Direcors at
meeting called for such purpose.
The corporation shall exist for a Pc
Rod OF ninety-nine years from the date
OF its letters patent.
The businesses of the Company shall
be conducted by the following officers,
viz a President, a Vice President,
Secretary, who shall also be Treasurer.
and a board Of directors consisting OF
not less than three nor more than nine,
holders at any stockholders meeting, but
when not otherwise fixed by the stock
holders three shall constitute the num-
Der of directors. The directors shall be
elected annually. by the stockholders at
a meeting to be held on the first Mon
day in January Of each year, and the
other officers shall be chosen annually
by the board Of directors at a meeting
held on the same day after the meeting
Of stockholders or as soon thereafter as
practicable The names of the officers
who are to conduct the businesses OF the
corporation until those elected at the
first election shall be qualified are, E..
Lutz, President: John A Merritt, Vice
President; r. H Turner, Secretary and
Treasurer, and said E. Lutz. John A.
Merritt and r. H. Turner, directors.
The highest amount Of indebtedness
or liability to which the corporation can
at any time subject itself shall be One
Hundred Thousand Dollars.
The names and residences Of the sub
scribers and the amount of stock sub
scTtbed for by each are as follows:
r. Lutz, Of Pensacola, Escarnbia
County, Florida, sss shares.
John A. Merritt Of Pensacola. Escam-
bia County Florida, ! share.
r. III. Turner, OF Pensacola, Escanbia
County, Florida, ! share.
In witness whereof the subscribers do
hereunto set their hands this 10th day
Of May, 1915.
JOHN A. MERRITT,
RICHARD H. TURNER.
State Of Florida,
Escambia County.
Before the undersigned, Notary Pub
lie in and for said County and State, per
sonally came ID. Lutz, John A Merritt
and r, H. Turner, each to me well
known to be the identical persons de-
soribed in and who executed the fore
going instrument. and each acknowl-
edged his signature to said instrument
and thai he executed said instrument,
freely and voluntarily, for the uses and
purposes therein expressed
In testimony whereof, 1 have hereun-
to set my hand and official seal this 10th
day of May. A .. 1916.
r. J. DIAZ
(NoariaI SesD Notary Public.
NY commission expires Jan. 18th. 1920
e7S-A-13mal-4w