Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1919-11-01

HeFeDy dSSOCldIe themselves OoSSUhSA
for the purpose of forming corpo..
ration under and by authority OF
the laws of the State of Florida, and
adopt the. following ARTICLES as
their ARTICLES OF INCORPORA-
TON:
ARTICLE l.
The name of thi Corporation shall
be "H. M. deMONTMOLLIN co."
and it's principal place of business
shall be in the City of Palatka,
County of Putnam, and State of
Florida, with authority and power to
establish such branch offices and
other places of business in the State
of Florida, and in such other States
of the United States, as it may deem
necessary or advisable.
ARTICLE II.
The general nature of the business,
or businesses, to be conducted and
transacted by this Corporation, shall
be as follows: The purchasing, hold
ing leasing, sub-letting, renting and
dealing in property, real, personal
and mixed, of whatsoever nature or
kind, with the right to pledge or
mortgage the same, or an interest
therein; and to improve and con-
struct such buildings as may be de-
/ sirable in connection with its general
| business; and with the right to estab-
lish branch businesses, and agenc-
/ les and sub-agencies, in the State OF
Florida, and elsewhere; and to dis
count and re-discount its commercial
paper, and to acquire, and hold, and
. dispose of, bonds, stocks and securi-
| ties, of individuals and of other Cor
porations; and particularly it shall
have the right, and its prinripal bus
| mess shall be, to deal as manufacture
err, broker, factor or merchant, whole
sale or retail, in general mill sup
plies and machinery of everf nature,
kind and description, and in farm
ing implements, tools and accessories,
and in general hardware, building
materials, and plumbing supplies,
and to act as agent for individuals,
or corporations, engaged in the same
or other lines of business, and to
act as agent and bailee for rail-
roads, steamboats,, or other manner
of transportation lines, or compan-
| les; and generally to have, exercise
and enjoy, all the privileges, powers
and rights granted by law, or inner
ent in, or usually exercised by Cor
porations for Profit charted by, and
existing under, the laws of the State
of Florida.
ARTICLE III.
The authorized capital stock of this
Corporation shall be FIFTY THOUS-
| AND ($50,000.00) DOLLARS, which
shall be divided into Five Hundred
| 5000 Shares of par value of
ONE HUNDRED ($1O0.00) DOL
LARS each, which shall be paid in
lawful money of the United States or
in property.
ARTICLE ".
The term for which this Corpora
/ ton shall exist shall be Ninety-Nine
| (99) Years, unless sooner dissolved
in a manner now or which may here
after be provided by law.
ARTICLE V.
The business or businesses, of this
| Corporation shall be conducted by a
President, a Vice-President, Treas
urer, and a Secretary, and by a
Board of Directors. The number of
Directors shall not be less than three
nor more than thirteen as may be
fixed from time to time by the By
Laws. The Board of Directors shall
be elected annually by the stockhOld-
erS at the regular annual stock
{ holders meeting, which shall be held
on the second Tuesday in February
of each year, and President, a
Vice-President, a Secretary and a
Treasurer shall be annually elected
by the Directors, and each of such
officers shall be stakeholder in this
Corporation at the time of the cleo
ton; provided, however, that the Of
flee of Secretary and Treasurer may
be held by one and the same person
during the same time.
The following named persons shall
hold the offices indicated and conduct
the business of this Corporation until
the first regular annual $Qckholders'
meeting shall be held and oSSers duly
elected, to-wit: -
H. NJ. deMontmollin, President,
and Director.
B. C. Pearce, Vice-President, and
a Director.
George E. Ford, Secretary and a
Director.
Ellen E. Rice, Treasurer.
The Directors of this Corporation
may meet as Board of Directors as
often, and at such time and place, as
they shall deem necessary or advis-
able, and shall have power and au-
thority to appoint or employ such
agents, servants or employees as
shall seem to them advisable in car
rying on the business, or businesses,
of this Corporation, and they shall
determine the duties, compensation
and terms such agents, servants or
employees.
The manner of calling meetings
and the time and place of such meet
ings of the stockholders, except the
stockholders annual meeting, and OF
Directors, shall be fixed by the By
Laws. Stockholders shall vote by
ballot counting one vote for each
shares of stock owned by and ap'
pearing in the name of UGH stock
holder on the books of the com
pany. Any stakeholder may vote
the stock of another stakeholder if he
presents to the meeting a proper writ