The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1920-07-15

| hoIOSED CHARTER or THE PUN
IA GORDA COUNTRY CLUB.
The undersigned incorporates hereby
associate themselves together for the pur-
pose of becoming incorporated and form
ing a 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
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.
| /. To carry on the business of furnish
ing amusement. entertainments, exer-
else to it's members and to the public and
charging consideration therefor.
Z. To purchase, acquire, lease, own
and manage theatres, play houses. gar
dens, roof gardens, opera houses, golf
houses and all other places of amusement
entertainment and recreation.
3. To establish and maintain and
operate restaurants, cafes, cool drink
stands, confectionery stands md fruit
stands. ice cream parlors ana similar
places for the sale of refreshments to ITS
members and the public in general
4. TO erect, maintain, purchase or
rent, hire, lease, let or otherwise ACQUIRE
ana dispose of buildings, lots and all
other property both real and personal /
necessary or convenient to such business |
b. To acquire, hold, manage and dis
pose OF property of every kind pertaining !
to a general Club House business for pro-
MT 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 fol Of
corporation shall be $25, 600. 90 to be dfyid-
ed into two thousand five hundred shares
OF the par value of $1,000 each. said
stock to be -asseSsable ten per cent
Oh the full amount of said capital stock to !
De pald 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 J
lually by the stock holders of this COM ]
' y at their annual meeting to be held
1t the place of business of this CORPORA
ION IN the City of Punta Gorda in the
;ounty of DeSotO and State of Florida on /
he first Tuesday in February OF ach
ear after this Company shall be fully
ulhOlized To commence buSineSSt and by
/ president, one vice president, secretary. g
nd a treasurer who shall be elected by IL
ne Board of Directors from the Board Of y,
directors at the same place on the same
=.
Directors shall be elected by the stock ),
olders II
V. al
The term for which this corporation NJ
lall exist and exercise its franchise "a
rlVeleges and immunites, shall be for y,
he term OF ninety nine years. re
VI. VI,
Uhtll the officers are elected at the first W
Ieeting of the stockholders who shall be- or
lallhed the business of said coronation
laH be conducted by the followinc %
tmed officers Clarence W. Hewitt, I
'esident; James S. Golf, vice president: 7
Il, Robinson, secretary: W. r. De- %
oach, treasurer; and James S Golf.
arence W, Hewitt. L. e Robinson. " -
DeLoach. r. h Seward, +. r Blount /,
Id r t. Mason, Directors.
VII.
Ihe highest amount of Indebtedness or
ability to which this corporation STAN at ~
~ time subject itself Shall not exceed a. i,
{ amount of $25 1000 o. ~ ~
VIII. IN
The names and residences &C The sub S.'
RIDERS and the amount O. capital SOCK ~
described by each, are hs fuil)w<: 70
Name residence Number ~
arence w Hewitt un