The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-08-02

agents by such companies, and to conduct
general insurance agency and Insurance
brokerage business and to do any and every
act or acts, thing or things. incidental 10 or
connected with said business, or any part or
parts thereof. to the same extent us natural
persons might could or would do as prin :
clpals. agents, trustees. or otherwise. The
foregoing clauses shall be construed as nGe-
pendent objects and powers; to do and to
perform any and all other things necessary
or incidental TO the conduct OF a general real
estate brokerage and loan business.
ARTICLE III. The amount Of authorized
DOLLARS $50 ,0OO) divided into five hundred
shares Of stock Of the par value Of One Hun
bred Dollars ($1o00O) per share. The said
stock must be paid for i'm lawful money Of the
UniteG States. provided. however. that fifty
per cent $50 per cent? Of the authorized capt.
tal stock may be paid for in property, labor
or services at u just and fair valuation, to
be fixed by the incorporators or the Board
OF Directors.
ARTICLE w. This corporation shall exist
perpetualy.
ARTICLE V. The following officers shall
conduct the business Of this corporation, to-
wit: president, vice presldent, secretary,
a treasurer and a oard Of Directors, con-
sisting Of not less than three Dor more than
five. the number Of said directors to be de-
termlned by the stockholders Of the corpora
ton within the limits herein named. Any two
Of the above offices may be held by the same
person. provided that a person may also <be
d director Of the corporation as well as noln
any two other offices. The first annual meet
ing Of the stockholders Of this corporation
shall be held on the 18th day of August, 1922
and annually thereafter The stockholders
meeting shall be held on the second Tuesday
in August of each year, at which time, the
Officers of the corporation shall be elected at
The annual meeting or at any adjourned mee.-
ing thereof for the ensuing year. The follow
ing persons shall conduct the business Of TIE
Company until those elected at the first annual
stockholders meeting shall be qualified, to-wlt {:
President, ]. +. Melton.
Vice president and treasurer, Ben NJ Pulliam
Secretary, John E. Melton, Jr
ARTICLE vi. The highest amount OF indebt-
e-ness or liability to which this Corpora
ton can at any time subject itself shall be
Five Hundred Thousand Dollars $500, 0.OO).
ARTICLE VII. The names and residences
Of the subscribers to the capital stock Of the
said corporation, aud the amount OF stock
subscribed by each, are as follows:
Name Residence Amount
]. T. Melton Lakeland. Fla, ------24 shares
Ben NJ. Pulliam, Lakeland, Fla, 20 shares
John u. Melton, Jr., Lakeland, Fla, l share
IN WITNESS WHEREOF the incorporators
have hereunto set their hands and seals this
3lst day of July, 1922.
]. f. MELTON tSeal)
BEN NJ. PULLIAM. tSeal
JOHN Z. MELTON, JR. (SeaD
STATE OF FLORIDA,
COUNTY OF POLK.
HEREBY CERTIFY that before me. the
undersigned authority. personally appeared J.
T. Melton, Ben NJ. Pulliam and John Z. Mel
ton, Jr., to me well known TO be the persons
described in and who signed the foregoing
charter and who each for himself acknowledg
ed 10 me that they executed the same freely
and voluntarily. for the uses and purposes
therein SCI forth and expressed.
IN WITNESS WHEREOF / have hereunto
set my hand and official seal this the 3lst
day of July, A. D.. 1922.
MINNIE McC0RD.
(Nntarial SeaD.