The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1920-07-22
PROPOSED CHARTER OF THE PUN
IA GORDA COUNTRY CILfR

!
The undersigned incorporators hereby
associate themselves together for the pur-
nose of becoming Incorporated and form
ing corporation for profit under and by
virtue of the laws of the State of Florida
with and under the following proposed
| Charter:
The name of the corporation shall be
The PuNFA GORDA COUNTRY CLUB
and its principal place of business shall
be IN Punta Gorda, Florida, but may do
| business in as many other places in the
state of Florida and elsewhere as it may
desire
The general nature of the business to
be transacted by this Company shall be
as follows
ing amusement, entertainments, exer-
else to it's members and to the public and
charging consideration therefor
2. TO purchase, acquire, lease, own
ana manage theatres, play houses gar
dens. roof gardens, opera houses, golf
courses, tennis courts, ball parks. club
houses and all other places of amusement
entertainment and recreation.
g. To establish and maintain and
operate restaurants, cafes. cool drink
stands, confectionery stands nd fruit
stands, ice cream parlors ana similar
places for the sale of refreshments to ITS
members and the public in general
a. To erect, maintain purchase or
rent hire, lease, let or otherwise acquire
and dispose of buildings, lots and all
other property both real and personal.
necessary or convenient to such business.
5. To acquire, hold. manage and dis
pose of property of every kind pertaining
to general Club House business for pro-
fit either among its members or the pub
lie generally and to do everything nee
essary and proper for the conducting of
said business
The amount of capital stock OF said
corporation shall be $25. 100000 to be divid-
ed into two thousand five hundred shares
of the par value of $1,000 each. said
stock to be non assessa BILE, ten per cent
OF the full amount of said capital stock to
be paid in in cash, and the balance of
said stock to remain as treasury stock to
be disposed of by the corporation.
".
The business and affairs of this corpor-
alton shall be conducted by a Board of
seven directors who shall be elected an
nually by the stock holders of this COM
pany at their annual meeting to be held
at the place of business of this corpora
ton in the City of Punta Gorda in the
County of DeSoto and State of Florida on
the FIRST Tuesday in February Of ach
year after this Company shall be fully
authorized to commence business; and by
a President, one vice president. secretary,
and treasurer who shall be elected by
the Board of Directors from the Board of
Directors at the same place on the same
day and Immediately after the said Board
of Directors shall be elected by the stock
holders.
The term for which this corporation
shall exist and exercise its franchise
privileges and immunities, shall be for
the term of ninety nine years
VI
Until the officers are elected at the first
meeting of the stockholders. who shall be
qualified the business of said corporation
shah be conducted by the foHowing
named officers: Clarence W. Hewitt,
president; James S. Golf, vice president:
l.. f. Robinson, secretary; w. K. De-
Loach, treasurer; and James S. Golf,
Clarence w. Hewitt, L. e. Robinson, ".
r. DeLoach. r. X. Seward. f, K Blount
and f. E. Mason, Directors.
The highest amount of Indebtedness o.
liability to which this corporation stall at
any time subject itself. shall not exceed |
the amount of $4,000 90.
VIII.
The names and residences "c the sub |
Scribers and the amount % Cupitai sioCE |
subscribed by each, are as follows:
Name Residence Number |
of Shares. /.
Iauitt