The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1916-06-03
JOHN a. MERRITT.

RICHARD H. TURNER.
We, the subscribers hereto. r Lutz
John A. Merritt and r. n. Turner 40
hereby apply for letters patent incorpo-
rating us our associates, SUCCESSORS and
assigns, into a corporation in acceptance
with the laws OF the State Of Florida un-
der and upon the following proposed
charter.
The name OF tho corporation shall be
Lutz Shipping Co. ana its pri-teiLet
place OF bushes shall be at Pensacola
Florida, and it shall have power TO es-
tablish such other places OF business IN
said state or elsewhere as It's board OF
directors or stockholders may determine.
The general nature OF the business 20
be transacted shall be to own, buy, sell,
mortgage, lease, hire, manage. control
charter and operate 20 and froza any
craft and lines Of vessels OF all kinds for
itself and as agents for others: TO ma Ike
all appropriate or needful contracts In
Guiding charter parties and contracts OF
affrstghtment. and do all OF the acts
and exercise all powers necessary, Incl
dental or convenient to the conduct Of
said business.
The amount Of capital stock author
ized shall be One Hundred Thousand
Dollars, divided into one thousand shares
of One Hundred Dollars each, and al
such capital stock shall be payable in
property, to-wit: vessels and other water
craft at just valuation by the incor-
poratoFs at the time the letters patent are
accepted, and II not by the tncorporators
at said ims hen by he Direcors at .
meeting called for such purpose
The corporation shall exist for q Pc
Rod OF ninety-nine years from the date
Of it's letters patent.
The businesses Of the Company shall
be conducted by the following officers,
viz. a President, a Vice President, a
Secretary, who shall also be Treasurer,
and q board OF directors consisting Of
not less than three nor more than nine,
the number to be fixed by the stock
holders at any stockholders meeting, but
when not otherwise fixed by the stock
holders three shall constitute the num-
Der Of directors. The directors shall be
elected annually by the stockholders at
a meeting to be held on the first Mon
day IN January OF each year, and the
other officers shall be chosen. annually
by the board of directors at a meeting
held on the same day after the meeting
of stockholders or as soon thereafter as
practicable. The names OF the officers
who are to conduct the businesses Of the
corporation until those elected at the
first election shall be qualified are, z.
Lutz, President: John A. Merritt. Vice
President; r. Fl. Turner, Secretary and
Treasurer, and said T.. Lutz. John A.
Merritt and r. II. Turner, directors.
The highest amount Of Indebtedness.
or liability to which the corporation can
at any time subject itself shall be One
Hundred Thousand Dollars,
The names and residences Of the SUBJ
scrlbers and the amount Of stock sub
scribed for by each are as follows:
p. Lutz, Of Pensacola, Escambis
County, Florida, s9S shares.
John A. Merritt OF Pensacola, Bscam-
bia County, Florida, I share
r. II. Turner, Of Pensacola, Hscambia
County, Florida, 1 share.
In witness whereof the subscribers do
hereunto set their hands this 10th day
Of May, 1915.
f. LUTZ,
JOHN A. MERRITT
RICHARD II. TURNER.
State Of Florida,
Esca mbia County.
Before the undersigned. a Notary Pub
lie In and for said County and state, per
sonslly came z. Lutz, John A. Merritt
and r. II. Turner, each to me vel
scribed in and who executed the fore
edged his signature TO said instrument
and that he executed said instrument
freely and voluntarily, for the uses and
purposes therein expressed
In testimony whereof, ? have hereun-
70 set my hand and official seal this 10th
day OF May, A. D. 1916
r. J. DLAz.
(Noarisl Seal) Notary Public
Ny commission expires Jan. 18th, 1870
s7s-A-13mal-4w