The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1916-01-11
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, on 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. d. 1916.
W. T. OvERsTREET,
H. NJ. COwLEs.
JOHN L. FOUTS,
j. c. WILLIAMS,
H. NJ. COLE,
GEO. {. BARTON.
PROPOSED CHARTER OF PEOPLES STATE
BANK OF LAKELAND. FLORIDA -
The undersigned incorporators hereby asso-
ciate themselves together for the purpose of
becoming Incorporated and forming corpora
tiOn 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
u.
The general nature of the business to be
transacted shall be that OF a general Banking
business with powers incident thereto as pro,
Niueu Dy tlle statutes OF Inc 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 (sl0O)
| 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 be
conducted by the following officers:
president, one or more vice presidents, a
board OF five directors, a cashier and such
/ other officers and employees us the corpora
ton may authorize. The board of directors
/ may appoint subordinate officers and employ,
ees with such powers. duties and terms Of
Office as they may prescribe, or as may be
provided by the by laws, not inconsistent with
the banking laws
| The directors shall be elected by the stock
holders at each annual meeting All other
officers and employees shall be elected an =
nually by the Board Of Directors The an
nual meeting of the stockholders shall be held
on the first Monday, January in each year.
| WI.
I Until the officers elected at the first annual
meeting of the stockholders shall be qualified.
! the business Of said corporation shall be con-
Quoted by the following named officers
W. I. Overstreet. President; John l.. Fouts.
First vice-President; II. NJ. Cowles, Cashier.
and John L. Fouts, W. T. Overstreet, ]. C..
Williams. H. NJ. Cowles and George c Bar
| ton. directors.
| The highest amount OF Indebtedness or other
| liability to which the said corporation shall
at any time subject itself shall be as limited
and defined In Section 27I2, of the General
Statutes of the State of Florida,
TX.
The names and residences of the subscribers
aud the amount of capital stock subscribed
by each, are as follows:
Name Residence. No Of Shares
| w, T. 0verstreet. Lakeland, Fla-5O
John l.. Fouts, Mulberry, Fla-l50
H. Nj. Cowles. Lakeland, Fla---- 30
~ {. Williams Lakeland, Fla--- 50
II. NJ. Cole, Lakeland. Fia------------ so
Geo C. Barton. Lakeland. Fla---------- 10
STATE OF FLORIDA,
County of Polk
Before ME, the undersigned Notary Public in
and for the State Of Florida at Large per-
sonally appeared W. t. overstreet, John l.
Fouts, H. NJ Cowles. ]. c. williams II. NJ
Cole and Geo. c. Barton, all to me well
known, and known to me TO be the individuals
described In and who executed the foregoing
proposed Charter Of the Peoples State Bank
OF Lakeland, and each being duly sworn
, Severally acknowledged that he executed the
, same for the uses and purposes therein ex-
pressed
In witness whereof, have hereunto set
my hand and affixed my notarial seal this
4th day Of January. A. d. 1916.
II. W. THOMPSON
Notary Public. State Of Florida.
My 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