The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1920-08-19
OF INCORPORATION OF
PuNTA GORDA INVESTMENT
COMPANY.
Article l.
NAME.

COMPANY.
Article l.
NAME.
The name of this corporation shall be
PUNTA GORDA INVESTMENT COM
PANG. Its principal place of business
shall be in Punta Gorda Florida It is
,lvrn authority to establish branches,
branch Offices. agencies and places Of
business at such other places in the state
Of Florida, or elsewhere, as the Board of
Directors may from time to time deter
mine.
Article II.
NATURE Or BUSINESS.
The general nature of the business or
businesses To be transacted by this cor
pUration shall be as follows: TO pur-
chase hold, acquire. invest in, sell, as
sign, mortgage, or pledge, prOmisSory
notes. bills of exchange, bonds and
mortgages on real and personal property,
or upon franchises, rights and privileges F.;
70 subscribe for, purchase, hold and ac-
cept, assign, sell, transfer or pledge
shares of capital stocks, and bonds and
securities or evidences Of Indebtedness
issued or created by any other corpora
non; and as such owner of such stocks
to exercise all the rights, powers ana
privileges of ownership to the same in
cldent, as natural persons might do. in
ciuding the right to vote the same,
TO purchase, lease, acquire, hold, main
tain, improve and SELL convey, mortgage
or otherwise dispose of real estate and
personal property, or any interest there
in. To purchase, acquire, hold improve,
sell convey, mortgage or otherwise dis
pose of horses, mules cattle. hogs, sheep,
goats or other lvestocks, or any inter
est therein.
TO act as agent for persons, firms or
corporations in the purchase, sale or con-
troll OF real estate or personal property;
to act as agent and broker for persons,
nrms or corporations in any manner
whatsoever. And in general, ii shall
nave and enjoy all such other rights and
Nyt1. al
ated. as are given to corporations for
pront organized under the laws of Flor
ida. The enumeration of any specific
power or business herein shall not be
construed to limit or restrict in any man
ner any otner legal power or privilege of
TINS corporation.
Article III.
CAPITAL STOCK.
The capital stock of this corporation
shah be Twenty Five Thousand Dollars
tS25 600. O0) to be divided into two hum
ured fifty shares of the par value of One
Hundred Dollars ($lOO.O0) per share, pay
able in cash or in property, stocks, bonds,
and securities, labor or services, at a
just valuation therefor to be fixed by the
Board of Directors of this corporation at
Il meeting called for that purpose.
Article "
TERM.
This corporation shall have a perpetual
existence, subject to dissolution in the
manner and for any OF the purposes pro-
vdcd by law
Article v
OFFICERS
The business of this corporation shall
be conducted by the following officers, to-
wit. A President. one or more Vice
Presidents, q Secretary and a Treasurer
(but the same person shall be eligible to
hold the two latter otfices) and a Board
of Directors Of not less than five nor
more than nine in number.
The officers of this corporation shah
e fF.af
the date of their election, and until their
respective success rs are elected and
qualified.
The persons who are to conduct the
business OF this corporation as ITS tenn
porary officers and until the officers are
elected and qualified at the first regular
election are
f. NJ Cooper. President.
j. MiZel vice Presid ent,
J. Il. Skipper, Secretary Treasurer.
The first meeting for the perfecting the
organization and attending to such other
business as shall then be considered, SHAH
be held on the 2Sth day of September.
1920 The annual meeting of the stock
holders shall be held on first Thursday
of December of each and every year, be-
ginning with the year 1920.
Article VI.
LIABILITY.
The highest amount OF indebtedness or
liability to which this corporation can at
any time subject itself is One Hundred
Thousand Dollars (SlUO.OOUOO).
Article VII
Names and residences and subscriptions
F. NJ C6oper. Punta Gcrda. Florida.
10 shares
]. Mizell. Punta Gorda. Florida
10 shares
]. E. skipper, Punta Gorda, Florida.
shares.
IN WITNESS WHEREOF we, the said
incofporators. have hereunto set our
hands and affixed our seals this the 10th
day of August, a. D. 1920 =,
F. NJ. COOPER CSeaD
J. MIZELL (SeaD
! T.