The De Soto County news. [volume] (Arcadia, Fla.) 1898-1924, 1916-12-14
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LEGAL ADVERTISING.
Notice Of Intention 20 Apply for Let
ters Patent.

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NotIre of Intention TO Apply for Let
ters Patent.
Notice is hereby given that the un-
dersigned win apply to His ENcelIen-
cy, Park Trammel, Governor OF the
ida, on the 30th day OF December A
ID. 1919. for Letters Patent TO issue
to ARCADIA DRUG STORE, Of which
corporation the following shall be the
Articles OF Incorporation.
i. j, Yelyington,
W. ]. Downing,
j. s. Wells,
II. p. Bevis,
Jno. w. Burton.
Articles Of Incorporation OF ARCADIA
DRUG STORE.
ARTICLE I. The name Of this cor
poratlon shall be Arcadia Drug store.
its principal place of business shall Ge
in the city of Arcadia, DeSoto county,
Florida and such other places in the
State OF Florida, as branch stores may
be established 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
pounds; to buy and sell toilet articles
and notions stationery and stationery
articles candles and corrections,
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 1t shall patent or
the patent OF which 1t shall acquire;
to acquire by contract purchase,
desirable, needful or necessary to the
establishing, operating and carrying
on the said general drug business with
It's 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,
suitcase, hire or otherwise acquire
real or personal property, improved or
unimproved, and to sell, dispose Of,
lease, mortgage or otherwise encum-
Der, manage, operate and erect build
ings for the purpose of said corpora
tion: 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
any bonds, mortgages, or debentures
OF the corporation, and invest any
money so raised in any manner incl
purpose and incidental purposes Of
said corporation; and, in general, to
carry on any other business in con-
nection herewith, whether herein eH-
pressly stated or otherwise and to en-
JOY all rights and privileges Of a cor
poration for profit as conferred by the
laws of Florida.
ARTICLE III. The amount of Cap
a IL q -. ~ 4.
Ten Thousand Dollars 100000, di-
vided into one Hundred 600 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, 10 be fix
ed by the Board of Directors, at IA
ARTICLE ". This corporation shall
exist for a term Of ninety-nlne (9s)
years.
ARTICLE V. The business of said
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 thereof; and a Board
Of Directors, consisting of not less
than three nor more than Ave mem
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 bust
| ness Of this corporation shall be con-
Quoted by the following named Off
| GERS:
j. S. Wells, President.
- W. ]. Downing, Secretary and
| Treasurer,
II. p. Bevis, Director,
Il. ], Yelvington, Director,
j. w. Burton, 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 N2O,OO0).
| ARTICLE VII. The names and resi-
dences of these subscribing incorpo-
J rntors 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. Bevis, Arcadia. Florida, Is
j. S. Wells. Arcadia, Florida, G
2. j. YelvIngton. Arcadia. Florida,
| shares.
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. ID. 1915.
w. j. Downing (seaD
| II. p. Bevis (SeaD
j. s. Wells (SeaD
e. ]. Yelvington (seaD
j. w. Burton (SeaD