The Lakeland evening telegram., 1916-10-24

idebts all kinds of negotiable paper,
oIaims and any interest in real OF
+ tnarsonal property, and any Claims
against such property or against any
nerson. company or corporation, ~
carry on any business, concern Vi ul
Idertaking so acquired. IN
Ard To acquire the good Will
rights and property, and 10 uhuei .ahs
the whole or any part OF the assets
and liabilities of any person nrnl W
noration. association, society, union VI
brotherhood, and to finance the SAINT
by any plan or method permltteu os
law with full and complete power 10
enter into such contracts and agree-
mnnts consistent with law as may pe
necessary to properly carry out such
purposes.
Ath To acquire, hold, use, sell, as
isign. lease, grant licenses IN recelpc
If mortgage. or otherwise dispose Oh
I .etters Patent of the United States
or anv foreign country, patents, pat
ont rights. licenses and privileges IN
ventions. improvements and process
les trade marks and trade names, re-
Hating to or use in connection VIVID
anv business of this corporation.
eth To enter into make, perform
and carry out contracts OF every ma
ure for any lawful purpose without
limit as to amount with any person,
firm. corporation or association.
9Th. To draw, to make, accept, en-
dorse, discount, and issue promissory
notes, bills of exchange, warrants ana
other negotiable or transferable In
struments.
7th. To issue bonds, debentures or
obligations of this corporation from
time to time or for any purpose, OBJECT
or objects of this corporation, pledge,
deds of trust, or otherwise, and TO
buy and sell and otherwise deal IN
bonds debentures, or obligations OIL
any other corporation.
Sth TO purchase, hold and reissue
the shares of its capital stock.
9th. To have one or more Offices
Ito carry on all or any of its operations
land business and without restriction
or limit as to number. To purchase
and otherwise acquire, to hold, own
to mortgage, sell, convey or otherwise
dispose of real and personal property
OF every class and description in any
of the States, Districts, Territories,
or Colonies of the United States, and
in any and all foreign countries, sub
iect to the laws of such State, District,
Territory, Colony or Country. And to
do any and all things necessary to
nd nt tho nhiapt nf
this corporation.
The amount of capital stock of this
corporation shall be One Hundred
Thousand Dollars ($100, ,00O.O0) and di-
vided into ten thousand 100000
shares of the par value of Ten Dollars
($1000) each, to be paid for in serv-
ices, property, cash or installments as
the Board of Directors may determine.
w.
The term for which this corpora
ton shall exist shall be perpetual
V.
The business of said corporation
shall be conducted by the following
officers: A President, Vice-Presi-
dent, Secretary, and Treasurer. The
offices of Vice-President and Treas
urer, or Secretary and Treasurer, or
President and Treasurer may be held
by the same person. Fhere shall al
so be board of not less than three
nor more than seven to be fixed by
the bylaws, and such other officers as
may be from time to time deemed
necessary by the Board of Directors.
All of the officers of this corporation
shall be elected annually by the stock
holders, except the officers appointed
by the Board of Directors; which elec-
ton shall take place at the annual
meeting of the. stockholders which
shall be held on the second Monday in
January of each and every year. be-
ginning with the second Monday in
January 1917 Until the officers elect.
ed at the first meeting shall be quail
fed, the business of this corporation
shall be conducted by the following
officers: Edwin Spencer, Jr., Presi.
dent and Treasurer; ID. o. Rogers,
Vlce-President, j. E. Sullivan, Secre-
tary. Edwin Spencer, Jr., d O. Rog-
ers, and ]. E. Sullivan. Directors.
vi.
The highest amount of Indebtedness
to which this corporation may at any
time subject itself shall be Two
Hundred Fifty Thousand Dollars
($250, ,000.00).
| VII.
The names and residences of the
subscribing incorporators and the
amount OF capital stock subscribed by
each are as follows:
Edwin Spencer, Jr, Lakeland, Flor
ida, 267 shares.
d. .. Rogers, Lakeland, Florida, 366
ishares.
j.. e, Sullivan, Cincinnati, Ohio. s67
shares. W.
| IN WITNESS WHEREOF, The said
IincOrDOratOrS hava baro+o -.