The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1916-05-27

JOHN A. MERRITT,
RICHARD II. TURNE.

JOEN A. MEhhlIIr
RICHARD II. TURNER.
We, the subscribers hereto. E. Lutz,
John A. Merritt andG R.ssI. Turner, do
hereby apply for letters patent tncorpo-
rating US, our associates, successoFs ana
assigns, into a corporation In accordance
with the laws Of the State Of Florida un-
der and upon the following proposed
charter.
The name Of the corporation shah be
Lutz Shipping Co. and its pf9Mclpat
place of business shall be at Pensacola,
Florida and 1t shall have power to es-
said state or elsewhere as Its board Of
directors or stockholders may determine
The general nature Of the business 70
be transacted shall be to Cwfi, buy, sell,
mortgage. lease. hire, manage, control.
charter and operate to and from any
place or port veseslsss and other water
craft and lines OF vessels Of all kinds for
itself and as agents for others; to make
all appropriate or needful contracts in
Guiding charter parties and contracts OF
affreightment, 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.
ICED shall be One Hundred Thousand
Dollars, divided into one thousand shares
OF One Hundred Dollars each, and all
such capital stock shall be payable in
property. to- wit vessels and otter water
craft at a Just valu~tion by the incor-
porators at the time the letters patent are
accepted, and If mot by the incorporators
at said ime hen by he Direcors at "a
meeting called for such purpose,
The corporation shall exist for a Pc
Rod of ninety nine years from the date
of its letters patent
The businesses Of the Company shall
be conducted by the following Officers.
viz. a President, a Vice President.
Secretary, who shall also be Treasurer,
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 hxed by the stock
holders three. shall constitute the num-
Der of directors. The directors shall be
elected annually by the stockholders at
day in January Of each year, and the
other officers shall be chosen annually
by the board ef directors at 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, E..
President: R. H. Turner, Secretary and.
Treasurer. and said E. Lutz, John A.
Merritt and R. H. 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
scribers and the amount Of stock SUBJ.
scTihed for by each are as follows:
e. LutZ, Of Pensacola, Escambia
County, Florida, sss shares.
John A. Merritt OF Pensacola Escam-
bia County, Florida, share.
| r. II. Turner OF Pensacola, Escainbia
County, Florida, / share.
In witness whereof the subscribers do
hereunto set their hands this 10th day
Of May, 1916.
E LUTZ,
JOHN A. MERRITT,
49, RICHARD II. TURNER,
| State OF Florida,
Escambia County.
Before the undersigned, Notary Pub
| lie in and for said County and State per-
sonally came z. Lutz, John A. Merritt
and r. H. Turner, each to me well
| known to be the Identical persons de-
| scribed in and who executed the fore
going instrument and each acknowl-
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-
/ to set my hand and official seal this 10th
i day Of May, A. D. 1916.
r. J. DIAz.
(NoariaI Seal) Notary Public
My commission expires Jan. 18th, 1870.