The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1916-05-26
ARTICLES OF INCORPORATION or
oENINSULAR INVESTMENT CORPORATION

AhIiCLES OF INCORPORATION OF
PENIhSULAR INVESTMENT CORPORATION
The undersigned and their associates here
By associate themselves together as a body
! corporate under and in virtue Of the laws Of
the State Of Florida governing general cor
porations, and do adopt the following
ticles Of Incorporation:
ARTICLE l
The name Of the corporation is PENINSU-
LAR INVESTMENT CORPORATION, and its
principal place of business shall be in the
City Of Lakeland, Florida, and il shall have
offices in in such other places as the bust
ness Of the corporation shall require, to be
determined by act Of the board Of directors
and thereafter appropriately made Of record.
ARTICLE II
The general nature of the business or bust
nesses Of the corporation shall be, and 1t
shall have the powers following, to-wit:
To deal in, import, export purchase. manu-
facture. acquire. sell, mine, quarry, concen-
trate, smelt reduce. dstl, treat extract, re-
fine, prepare or produce in any manner what
soever, by any process whatever, any sub
stance whatever. simple, complex compound
whether mineral. ANIMAL vegetable metallic
lYooden, chemical, or in any physical cOndi-
lion, solid, liquid or gaseous:
To acquire, own, plant and operate, nurs-
cries for the propagation and sale OF trees
plants and shrubs to acquire, own, maintain
anc operate, groves. orchards, farms and gar
dens for the growing and sale Of agricultural
horticultural and floral products to manufac-
ture, buy and sell, lumber, lathes shingles,
barrels, boxes and crates, and barrel. box,
crate and building material fertilizer and
fertilizer materials; to manufacture and trade
in juices and extracts and other food proL-
ucts from fruits and vegetables; to manu-
sacture, buy sell, erect and construct ma
shines and machinery; TO acquire, construct
maintain and operate, electric light and power
plants, gas plants, water works ice plants
rold storage plants and refrigerator plants, for
public and private USE TO acquire, construct
maintain and operate, irrigating plants, heat
ring plants rice mills. oil mills, sugar mills
fiber factories, fruit and vegetable canneries
snd factories, ana deal in the products here
,1f to dig mine quarry dredge and remove
phosphate rock soft phosphate or pebble phos-
,phate earths. clays. marls, rock, gravel nun
eral oils, and other clay, fertilizer, paat, OIL
FOR mineral bearing substances, and 10 trace
ttherein, and to manufacture and trade N
products therefrom and to trade In general
merchandise.
To establish. by purchase, lease, charter or
any other manner of transaction, and To m1in-
tain anG operate, tramway or uamwdyS
railway or railways vessels or other means
Of navigation, and any other manner OF
transportation necessary or convenient for th'
feffectuatiOn of the purposes OF this c0rpor"
ton, but not for public use
To establish, maintain and operate, in any
state or country, a plant or plants Tor lie
transformation Of inaOluble 1hosphate INTO
soluble phosphate and the union OF phoi-
lphate with any other element or elements, or
combination Of elements, where admission
NAV properly be had under the laws of such
state or country.
To acquire by purchase. concession. eN-
change lease or otherwise, and to nnstrucL
erect operate. hold. maintain and manage, all
,offces, warehouses. elevators, factories stores
shops mills, machine shops. power plants, de-
oots. wharves, boats. vessels rolling stock,
hotels lodging houses, houses ~ Amusement
1 commiSsaries. and any other structures and
erections necessary or convenient for the car
rying on of its business and all othGr prop
erty, real or personal, necessary ~ uSclul Tor
the carrying of any of the purposes OF the
corporation, and to lease, sell or Otherwise
dispose Of the same.
10 acquire or undertake the whole or any
part Of the business. property, liabilities q
assets Of any individual, partnership or cor
noratiOn carrying any business which the
company is authorized to carry on, aud IL
issue paid up shares or bond or both for the
payment of the purchase price tnereW; ana
TO subscribe TO- buy and in any manner ac-
qulre or hold and own, to trade transfer
sell and in any manner dispose Of, stock IN
other corporations, bonds, mortgages. or oih'f
manner Of securities.
To receive and hold franchises for any pnr-
pose.
To invest pledge, cucumber mortgage,
real or personal property held in any man
per; to cover assets or any operation OF the
corporation by mortgage, and issue bonds
against the Of character and denomi
nation to be determined by the board Of di
Tectors.
To sell, improve. manage, develop, exchange.
iease, dispose of, turn to account, or other
wise deal with all or any part of the property
and rights of the corporation.
To sell, improve. manage, develop, ex
change, lease, dispose Of turn to account or
otherwise deal with real and personal prop
erty for others agent.
To invest hold trustee otherwise.
money.
To do all or any Of the above things as
principal, agent contractor or otherwise, and
either alone or in conjunction with others
Notwithstanding the foregoing and without
limiting efecting the score thereof to do
all matters and things and carry on all bust
ness which may in any way flow from the
objects for which Incorporation is sought. or
which may be necessary convenient al
yantageous to do or perform with a view to
carrying on or enlarging the scope and in
Ientions of the company.
ARTICLE Ill
The authorized capital Of this corporation
shall be two million dollars, divided into
twenty thousand shares of the par value Of
one hundred dollars each;
The capital stock shall be paid in cash,
property labor or services, or by either or
any. AT just valuation to be fixed by the in
'tcorporators or by the board of directors at a
meeting called for such purposes. Property,
labor or services may be also paiC for with
capital stock at Just valuation Of such
property labor services, to he fixed 10y the
board Of directors at meeting called for
such purposes.
The capital stock of this corporation may
at any time hereafter be increased or de
creased as provided by the laws of the state
| of Florida
ARTICLE "
| The period of corporate existence shall he
perpetual and unlimited.
| ARTICLE
| The business OF the corporation is to he
conducted by beard Of not less than five sor