The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1916-01-25

land under the following proposed charter,
the original Of which is now on file in the
office ot the Secretary If State of the said
State of Florida.
Witness our names this fourth day of Jan
uary, A. d. 1916.
W. T. OvERsTREET,
II. NJ. COWLES.
JOHN L. FOUTS,
j. c. WILLIAMS,
H. NJ. COLE,
GEO. c. 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
ton 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 hs
transacted shall be that of a general Banking
business with powers incident thereto, as pro-
vided by the Statutes Of the State Of Florida
~.
The amount Of the capital stock Of said cor
poration shall be Fifty Thousand Dollars, to
be divided into five hundred shares of the
each. to be paid in cash.
The term for which said corporation shall
exist shall be one hundred years.
v.
The business of said corporation shall be
i conducted by the following officers:
president, one or more vice presidents, a
board Of five directors, a cashier and such
other officers and employees as 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 bylaws. not inconsistent with
the banking laws.
The directors shall be elected by the stock
holders ut 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 hello
on the first Monday. January in each year
: Until the officers elected at the first annual
meeting Of the stockholders shall be qualified
the business Of said corporation shall be con
lducted by the following named Officers:
w. r. Overstreet, President; John L. Fouts
First vice-President: H. 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 othe
liability to which the said corporation shall
at any time subject itself shall be as limte'
aud defined in Section 27l2. Of the Genera
lStatutes OF the State Of Florida.
H.
The names and residences Of the subscriber
and the amount Of capital stock subscribe
lby each. are as follows:
Name Residence. No. Of Share
Inv. T. Overstreet. Lakeland. Fla--------50
John L. Fouts Mulberry Fla.-----------250
IN. NJ Cowles, Lakeland. Fla---------- 80
IL. C. williams, Lakeland. Fla---------- so
In. NJ Cole, Lakeland. Fla--------------5
Geo C. Barton, Lakeland, Fla---------- 10
STATE OF FLORIDA,
County Of Polk.
, Before me- the undersigned Notary Public
| and for the State of Florida at Large, PEI
sonally appeared W. T. Overstreet, John
Fouts, H. NJ Cowles, j. c. williams, H. \
. Cole and Geo. c. Barton. all to me we
, known and known to me to be the individual
described in and who executed the foregoir
proposed Charter Of the Peoples State Bar
! of Lakeland. and each being duly sworr
severally acknowledged that he executed Il
same for the uses and purposes therein e!
pressed
/, nv hand and AFFIXED my notarial seal tn
Ah day Of January, A d. 1916.
0 L. W. THOMPSON,
q Notary Public, State Of Florid
| Nv commission expires February s, 1919
Tallahassee, Fla. January I, 19l
The name OF Peoples State Bank Of LAX
| and Is hereby approved.
/ W. v. KNOTT,
.aan comntroller of the State OF FloriC