The De Soto County news. [volume] (Arcadia, Fla.) 1898-1924, 1916-01-20

ters Patent Incorporating us and such
us, under the following proposcd char.
ter the original OF which is on file in
the office OF the Secretary Of state of
the State OF Florida.
r. l.. WILLIAMS,
]. COKER,
]. e. GLOVER.
Proposed Charter of Limestone Manu-
featuring Company.
We the undersigned, and such 9TH
ors as may hereafter become associat-
ed with us, hereby associate ourselves
together for the purpose Of becoming
corporation under the laws OF Flor
Ida, by and under provisions OF the
state OF Florida; providing for the for
nation OF liabilities, rights, privileges
and immunities Of corporations for
PROFIT.
ARTICLE /.
The name of this corporation shall
be Limestone Manufacturing Company,
Its principal place OF business shall be
Limestone, DeSoto County. Florida,
and II may also maintain an office at
Jacksonville, Duval County, and at
ida and in the United states and FOR.
eign countries as may be from tlme TO
time authorized by It's BOARD OF Di-
rectors.
ARTICLE 2.
The general nature OF the businesses
to be conducted and carried on Is:
(a) The Company shall have the
power TO purchase, or otherwise ac-
quire, hold, own, improve, develop.
mortgage exchange, sell and convey
both real and personal property or al
interest therein for any purpose,
purposes whatsoever.
OBJ To own and acquire by lease
Planning Mills, Dry Kilns, and to pu
chase, import, export and dispose
timber of all kinds and 70 manufa
ture same into lumber, cross ties pi
Ing and other products manufactur'
from timber; also 20 own, constru,
lease and operate all tram roads, ru
roads, steam or other sailing vessels
may be necessary and convenient f
the conveyance of timber and man
featured products of the Company
and from its mills; aIso to engage
and conduct n general mercantile bu
mess; also to own and acquire by lea
or otherwise, and operate Naval ste
Plants for the purpose Of manufactU
ing spirits of turpentine, rosln and
s1y-products pertaining thereto, n
to act as brokers in the Naval StoI
business generally, including the pov
er to sell and dispose OF all kinds
Naval store products, ana to own al
acquire by lease or otherwise. lam
and timbers and leases to lands al
timbers necessary for the operation ,
Saw Mills and Naval Store plants;
so TO hold, acquire and dispose Of Il
stock or bonds of other corporation
and in the transaction of its bushes
to borrow money and to make and n
cur Indebtedness, and to secure Il
same by liens mortgages, bonds ,
otherwise upon the property Of Il
Company, real, personal or mixed. AZ
to enter into and execute all contrac
which may be necessary or proper !
the transaction of ANY business or bu.
inesses of said Company and to haN
such other general and special power
as are granted by the laws of the star
of Florida, to corporations for profit
ARTICLE 8.
he CnTnnrqfin
shall be six Thousand $4,000 00) DO
lars, divided into sixty (G0) Shares,
the par value Of one Hundred 100000
of the United States, or in property Ia
Dor. or services at a Just valuation I
be fixed by the Stockholders or by tn
Directors Of the Corporation. at n
granting of the charter herein apple
for; and which capital stock shall b
sold, Issued, assigned and transferre
as the Corporation may from time
time make, change or alter with lie
reserved in favor OF the corporatlo
upon all of its capital stock or any In
due by the holders of the same unit
the Corporation and which shall be d
lien thereto, superior to all other liens
OF every character and all ossignm nt'
or transfers of such stock shall be sub
ject thereto.
This Corporation shall exist for a
period of nlnety-nine years.
The seal of this Corporation shall be
circular in shape, with the words
rhinestone Manufacturing Company
1915" around the circle, and the word
seal" in the center.
ARTICLE 6.
The business of this Company shall
and shall be composed Of not less thar
three (3) nor more than seven o.
stockholders. The officers shall be 9
President Vice President Genera
Manager, a Secretary and a Treasurer
but more than one office may be held
by one Director except the offices OF
President and Vice President. Until
the first annual meeting Of the Compa.
ny, the following shall DO the officers
r. L. Williams, President, Genera
Manager and Treasurer;
J. cocker Vice President;
]. e. Glover, Secretary;
and the said r, L. williams, !. CokeI
and ]. e. Glover shall compose the
Board OF Directors until the first an
nual meeting Of the Company.
shall be held on the aist day Of Janu
airy, A. d. 1915, at Limestone, Desoto
County, Florida, for the purpose OF
SomPsSg and the sdoSns Syaw 81
transacting business. The annual meet
ing OF the Stockholders of the ';onpa-
ny shall be held on the Tuesday after
and every year, beginning with the
year 1917.
posed of not less than three (3) nor
more than seven (7) stockholders, and
from this membership the Board OF
Directors shall elect a President, @
Vice President, General Manager. q
Secretary and a Treasurer, and any d.
rector may hold one or more OF said
offices except the offices Of President
and Vice President.
ARTICLE 7.
The highest amount of indebtedness
or liability to which this Company can
at any time subject itself shall be
One Hundred Thousand SlOO'OOO .OO'
Dollars.
The names and residences OF the In
corporators of this Company and the
amount of capital stock subscribed by
each are as follows:
r. L. williams. Jacksonville, Flor
j. coker, Limestone. Florida. 10
]. =. Glover. Limestone, Florida, 10
IN WITNESS WHEREOF, we have
= - ,.1o nd