The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1916-11-04

tute and become its charter upon the
issuance of letters patent according to
law:
The name of this corporation shall
be: MUTUAL FINANCE CORPORA.
TON. Its principal Office and place
of business shall be at Lakeland, Polk
County, Florida Other offices may
be established at other places as its
business may require.
II.
The object and general purposes of
this corporation is as follows:
list. To own, operate, lease, buy,
sell, mortgage and in other ways dis
pose Of all kinds of personal property
within and without the State of Flor
ida and to do any and all things nee
essary or incidental to such business.
End. To manufacture, purchase or
otherwise acquire. to hold, own, mort
gage, pledge, SELL assign. transfer, or
otherwise dispose of. to invest. trade.
deal in and deal with, goods, ware,
and merchandise, and real and per-
sonal property Of every class and de-
scription; and in particular lands,
buildings, business concerns and un-
dertakings, mortgages. shares. stocks
and bonds, debentures. securities, con.
cessions. produce. policies. book
debts. all kinds Of negotiable paper,
claims, and any interest in real or
personal property, and any claims
against such property. or against any
~ %
carry on any business. concern or I'M
dertaking SO acquired.
3rd. To acquire the good will,
rights and property, and to undertake
the whole or any part of the assets
and liabilities Of any person, firm cor
poration, association, society, union or
brotherhood, and to finance the same
by any plan or method permitted by
law, with full and complete power to
enter into such contracts and agree
ments consistent with law as may be
necessary to properly carry out such
purposes.
4th. To acquire, hold, use. sell, as
sign, lease, grant licenses in receipt
of, mortgage, or otherwise dispose of
Letters Patent of the United States
or any foreign country. patents, pat
ent rights, licenses and privileges, in
ventions. improvements and process
es. trade marks and trade names, re-
lating to or use in connection with
any business of this corporation.
9Th. To enter into, make, perform
and carry out contracts of every ma
ture 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 and
other negotiable or transferable in
struments.
18th. 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 of
any other corporation.
Sth. To purchase hold and reissue
the shares of it's capital stock.
9th. To have one or more offices
to carry on all or any of its operations
and 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
ject to the laws of such State, District,
Territory, Colony or Country. And to
do any and all things necessary to
perform and carry out the object of
this corporation.
The amount of capital stock of this
corporation shall be One Hundred
Thousand Dollars ($1O0,O0000) and d.
vided into ten thousand 100000
shares of the par value of Ten Dollars
$4,000 each, to be paid for in serv-
ices, property, cash or installments as
the Board of Directors may determine.
Nv.
The term for which this corpora
ton shall exist shall be perpetual
V.
The business of said corporation
shall be conducted by the following
Objects. "A G'TeSlueHL, IL N1Ce-ITeSl-
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 There shall al
so be a 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 cleo
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, |!
Vice-President, ]. E. Sullivan. Secre- |
tary. Edwin Spencer, Jr., D. o. Rog |
ers. and ]. E. Sullivan. Directors.
vi.
The highest amount of indebtedness
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