The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1916-04-22

twenty-five and twenty three. range eiEhleen
and townships twenty-five and twenty IN :
range nineteen, lying and being IN me coun'
| Of fernando. state Of Florida, az me iae
twenty five dollars per acre. ana I" ,tse'' =
same without profit in tracts Of hnl ie9N ..'
| forty acres 10 develop said tracts ~ ele@i '"-
| blowing, discing. fencing and genefaib p
! paring the same: when SO prepared J" aee
said lands to natal hay; 70 care III ciop
until maturity; to harvest SAID crops q ="
trity; to build suitable storage buiiuii'-
! upon each of the forty acre trdcla n
and market said crops at such times a. h'.
| be done to the best advantage OF ~ heulVel3
To charge cost Of organization. dtIeioplIeHi.
raising crops and marketing. to fund palS
in to the association by the members lhefeoi
which fund shall not exceed nifty doilars p'
acre
To charge for work done in the organizing
developing raising and marketing, as herelh
before set forth, actual cost. and any monies
remaining in the fund created for organization
development, raising crops and marketing shai
be added TO the amount received from me SAT-
Of the crops and distributed 10 members upon
the basis OF the acreage owned by them
Article III.
The association shall have its principal
place OF business in the City OF Lakeland
County of Polk. State of Florida. However, II
NAV have such other and further places OF
business as may be necessary for its purposes,
within or without the State of Florida
Article w.
The term Of associate corporate existence
shall be fifty years
Article v.
The Board of Directors of this Association
shall consist Of not less than five nor more
than fifteen members, five Of whom shall be
the officers OF the association. which offices
shall be president, vice-president, secretary
treasurer and general manager the remaining
directors TO DO elected from the members in
the following manner: When any government
section Of land shall have Ave or more mem
bers, or owners Of forty acre tracts they
shall be entitled to one director: when all the
lands owned by the association in any gov
eminent section have been sold and do not
comprise a complete section said fractional Sec
ton may Join with the nearest fractional sec
Hon In the election OF director, Ii being the
Intention that each six hundred and forty
acres Of land shall be representation on the
board Of directors
Until enough lands have been sold to pro
vide FOR additional members OF the Board OF
Directors, the Board shall consist OF the five
officers Of the association above named add
'ional members TO be added as the land Is
taken up by the purchasers
Pending the establishment Of this asSocla-
ion and its operation thereafter in the scope
the following persons shall be drec
ors and shall hold the respective office desig-
mated: President, Herbert J. Drane, whose
residence is Lakeland, Florida: Vice President,
W. A. McRae. whose residence Is Tallahassee,
Florida Field Secretary, George f. Southland,
whose residence Is Lakeland, Florida; Treas
irer, G. NJ Clayton. whose residence is Lake
and. Florida and Field Manager, Fred W
uhn 7 aEa
who shall serve until the first annual meeting
II the association. said annual meetings TO be
leld on the third Tuesday in the month Of
January and until their successors have been
elected and shall have duly accepted office or
NTH successors are duly qualified for the di-
'eotors herein named whG shall first serve.
Article W..
The voting power Of this association shall
)e prudicated by the number of acres Of land
'wNed by member. operated by the asSocia
Ion by giving to him or her one vote for
zach acre Of land; and new members shall
have the right TO vote In matters concerning
The association in like manner as other mem
berS and upon like terms and conditions and
they shall be In all respects Of the same
status.
New members shall he admitted automatical-
ly upon the placing in the care Of this assO,
citation Of their lands, or by purchase from this
lSSoclatihH oi IdIuS Wltilh te heretofore ne
scribed area held or TO be held by this
socation.
Article WI.
The members of this association shall have
Invisible or derivative rights in personal prop
erty or this association, as provided by the laws
Of the state Of Florida provided however
that in the real property held by this assocla-
ton there shall be ne dervatve or other in
terest in the members, except in so far as
a tract or tracts Of land may be held by the
association for the accommodation of its