The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-03-20
LEGAL NOTICE

shall be Two Million Five Hundred
THOUSAND Dollars tSS5 ooSp f dty S6ei
shares of the par value OF one Hundred
Dollars $4,000 each, and shall be all
common stock.
The stock shall he payable in lawful
money of the United States or in prop
erty, labor or services at a just valua-
ticn to be fixed by the stockholders, or
by the directors of the Company at any
meeting had after the granting of the
charter herein applied for; and said cap
itai stock shall be sold, issued and trans
ferred only in accordance with such By
Laws the Company may from time
TO time make, change or alter. with
lien reserved in favor of the Company
upon all OF it's capital stock for any in
dehtedness which may. at any time, be
due by the holder of the same unto the
Company, and which shall be a lien
therein superior TO all other liens or
ments or transfers of stock OF this Com
pany shall be subject thereto.
ARTICLE V.
This corporation shall have perpetual
existence.
ARTICLE VI
The business of the Company shall be
conducted by a board Of not less than
three go, nor more than thirteen t3)
directors.
The officers of the Company shah be
a President a Vice President. Secretary
and a Treasurer. and such other officers
quire, or as may be authorized in the
bylaws OF the Company, or by resolu-
or more offices may be held by the same
person, IL tho directors shall so decide
The directors, unless otherwise pre-
scribed by law shall be chosen annually
by the Ftockholders at meeting OF the
prescribed in the Bylaws, on the second
Tuesday in March of each year, if not
legal holiday, and II legal holiday. then
- rfFV- r Coll az q
ten (10) A. NJ, or as soon thereafter as
practicable
The meetings of stockholders and of
the Board of Directors. unless otherwise
prescribed by law, NAV be held in or
out Of the State of Florida.
The directors shall be stockholders.
qualified to vote at the election at which
they are chosen.
The manner Of the choice and Of the
choice of all other agents and officers
shall be prescribed by the BYLAWS.
In case OF the death, removal or resig
nation of the President Vice President.
Secretary or Treasurer, or other officer.
Or OF any of the directors. the remaining
directors may suuplv the vacancy thus
created until the next election.
Until the Board Of Directors shall have
been first duly chosen by the stockhold-
ers the business Of the said corpora
ton shall be conducted by the following
named persons as directors and officers:
DIRECTORS
John T. Steele. of Buffalo, New York,
Hubert c. Vaudeville. of Elmira, New
York,
Harold L. Thorne. of New York City,
New York. -
John T. Steele, President and Treas
Hubert c. Vaudeville, Vice President.
ARTICLE VII
The highest amount of indebtedness or
I'LL .szF, - o.
time, can subject itself shall be Twenty
Ave Million Dollars (S25. 600, 000).
ARTICLE VIII
The names and residences of the in
corporatorS Of this Company and the
amount of capital stock subscribed for
by each are as follows:
John T. Steele, Buffalo. n. Y, 2,4ss
Hubert G AIandevine. Elmira, n. Y,
Harold h. Thorne. Montclair. Essex,
n. J., / share, 500.
ARTICLE X.
The subscriptions above named are
for 10 per cent Of the authorized common
stock, and the balance of the common
stock shall hereafter be sold as provided
by law and the BYLAWS Of the Compan>.
IN WITNESS WHEREOF, we have
here herennto set our hands and ,5,5 seals this
Elmer E. FInck as to John +
dUBERI {: MANDEN lL1A-E4 IL >.
W. H. Vaudeville as to II. G.
Mandeille.
HAROLD b. THORNE, IL. s. } |
Mary C. White as to Harold e.
Thorne.
STATE OF NEW YORK.
COUNTY OF ERIE, SIS;
I Elmer +. Finck, a Notary Public in /
and for the County of Erie and State Of
New York do hereby certify that JOHN
y. STEELE is to me we'll known, this
DAY appeared before me and acknow- !
lodged that he signed the foregoing Ar /
ticfes of incorporation and the accom- /
panying notice for the uses and purposes
therein stated.
IN WITNESS WHEREOF, I have here Z
unto set my hand and seal of office this
fourth day of March, A. II. 1872.
(SeaD ELMER r. FINCK.
Notary Public in and for the County Of
Erie and State of New York.
Ny commission expires March 80, 1928. |