The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-03-03
NOTICE OF INCORPORATION.

Notice is hereby giverf that on the 18th
day of March, A. ID. 1920, application will
be made to the Governor of the State OF
Florida, at Tallahassee, the capital OF
said state. for letters patent upon the
following charter of the corporation to
be named Pensacola Decorating Com
pany We. II. G. DeSiiva, w. N. Gun
derson and B. E. II. Koehler. do hereby
make application for letters patent in
cooperating US and our associates into a
corporation in accordance with the laws
OF the State of Florida under the follow
ing charter.
l. The name of the corporation shall
be, Pensacola Decorating Company, and
its principal place of business shall be at
Pensacola, Florida, with the right by its
proper officers 20 establish other places
of business in the State of Florida, and
other states and counties
2. The general nature OF the business
to be transacted shall be that Or paint
ing and decorating, including sign paint
ing, with the right to buy, sell and deal
in paints, oil, varnish, glass wall paper
and a general line of material and sup
plies which may be necessary Or con-
yenient in carrying on said work or con-
Quoting the said business. including the
right to manufacture any of the same,
and to do all other things which may
be necessary or convenient in carrying
en- said business.
g. The amount of the capital stock
shall be 50. 10000, which snail De divided
into fifty shares of the par value of
500. 90 each, which shall be payable in
cash, property, labor or services at a just
valuation fixed according to law.
A. The said corporation shall exist for
a period of 90 years from the date of the
granting of the letters patent to it,
s. The business of said corporation
shall be conducted by a President, a Vice
President, a Secretary, a Treasurer and
Board of Directors, consisting of not
less than three nor more than five in
numbers the number to be fixed by the
bylaws of the corporation. Until the
first election the Board of Directors shall
consist of three members: The positions
of Secretary and Treasurer may be held
by the same person, If so directed by
the Board of Directors. The Directors
shall be elected annually at meeting of
the stockholders TO be held on the third
Tuesday in January in each year, and
the directors so elected shall elect at the
same time or as soon thereafter as prac-
ticable, a President, a Vice President
Secretary and Treasurer. Until the first
election, H G.. DeSiiva shall be Presi-
dent, w. n. Gunderson, Vice President
and 3. E. H. Koehler, Secretary and
Treasurer and the said II. G. DeSilva,
w. n. Gunderson and B. E. III. Koehler
shall constitute the Board of Directors.
g. The highest amount of indebte dness
or liability to which the corporation may
at any time Subject itself is SO. 100000.
The undersigned hereby subscribe to the
amount of stock set opposite their re-
spective names with the residence of
each subscriber set opposite his name as
follows:
H. G. Desilva. Pensacola, Fla; s
shares. $500. 90.
w. n. Gunderson, Pensacola, Fla; 5
shares. $4,000.
B. E. H. Koehler, Pensacola, Fla; 80
shares, 100000
In Witness whereof the before men
toned subscribers have hereunto signed
their names.
IL @. DeSIINA,
w n. GUNDERSON,
BERT E. II. KOEHLER.