The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-03-21
LEGAL NOTICE

n U, NJ A R y ii Z /, y Z Z
LEGAL NOTICE
panies under the laws of such state, for
eign country or dependency.
ARTICLE III
The railroad and telegraph and tele-
phone lines which il is proposed to build.
construct, own, maintain and operate,
! of Pensacola. Escambia County, Florida,
and extending in a generally northerly
direction 10 a point near Muscle Shoals.
in COLDER County, Alabama, with a
/ and Gateswood in Baldwin County. Ala
banla, and between Pensacola and the
| United States Naval Air Reservation.
The names OF the counties through or
| into which the said railroad Is made or
| intended 10 be made and the length OF
| the same. as near as may be. are as
Escambia County. Florida, with 45.11
miles of main track and 1915 miles OF
with 1871 miles Of main track and III
miles OF side track: Escanbia County,
Alabama. with 22.0S miles Of main track
, County, Alabama, with 50.0S miles of
main track and 4l5 miles of side track;
Wilcox County, Alabama, with. 26.44
side track; Marengo County. Alabama,
with II miles of main track and $50
miles of side track. Perry County, Ala
bama. with 10 miles of main track and
9 miles Of side track; Half County Ala
/, hama, with 81 miles of main track and
miles OF side track Tuscaloosa County
Alabama. with II miles of main track
and miles of side track; Fayette Coun-
ty, Alabama, with 70 miles of main track
and miles of side track; Walker County,
Alabama, with miles of main track
and / mile of side track Witston County.
Alabama, with % miles of main track
and ? miles of side track; Franklin Coun
A H-E., vail fVs
track and miles OF side track; COLDER
/ County, Alabama, with 10 miles of main
track and 2 miles of side track; making
a total mileage in the State OF Florida
Of 4511 miles of main track, and 1915
miles Of side track and the total mileage
in the State. of Alabama OF 309. Al miles
and the. connection with the United
States Naval Air Station Reservation
under construction.
ARTICLE ".
shall il be tive TWO Million five Five Hundred Hundred
into twenty-five Thousand (25, oo0l
shares of the par value of One Hundred
Dollars $4,000 each, and shall be all
common stock.
The stock shall be payable in lawful
money OF the United States or in prop
erty, labor or services at a just valua
tion to be fixed by the stockholders, or
by the directors Of the Company at any
meeting had after the granting Of the
ital stock shall be sold issued and trans
ferred only in accordance with such By
Laws as the Company may from time
to time make, change or alter, with a
lien reserved in favor of the Company
upon all of its capital stock for any in
debtedness 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 orr
ments or transfers of stock of this Com
pany shall be subject thereto.
ARTICLE v.
This corporation shall have perpetual
existence.
The business of the Company shall be
conducted by IA board OF not less than
three 90, nor more than thirteen U3)
The officers of the Company shall be
a President, a Vice President, a Secretary
as the affairs OF the Company shall re-
quire, or as may be authorized in the
BYLAWS Of the Company, or by resolu-
tion of the Board of Directors. Any one
person, IL the directors shall so decide. !
The directors, unless otherwise pre-
seribed by law. shall be chosen annually
by the stockF 3lders az a meeting Of the
stockholders to be held, unless otherwise /
prescribed in the Bylaws, on the second
Tuesday in March of each year. ~ not n
legal holiday, and il legal holiday, then
on the next secular day following at
ten (10) A. NJ, or as soon thereafter as
The meetings Of stockholders and off
the Board Of Directors. unless otherwise
prescribed by law. may be held in orr
The directors shall DO Stockholders, .
qualified to vote at the election at which
they are chosen
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 Urea surer, or other officer. /
or of any of the directors, the remaining !
directors may supply the vacancy thus
Until the Board of Directors shall have
been first duly chosen by the stockhold- (
ers, the. business, Of the said corpora
DIRECTORS
John T. steele, of Buffalo. New York,
Hubert c. Vaudeville, of Elmira, New
Harold b. Thorne. of New York City,
'o ~ OFFICERS
John T. Steele. President and Treas
Hubert c, Mandeviue. Vice President.
ARTICLE VII
The highest amount of indebtedness or
liability to which this Company at any
i've Million Dollars (s25 900, O00).
ARTICLE VIII
The names and residences Of the in
corporators Of this Company and the
amount of capital stock subscribed for
John T. steele, Buffalo. y. y, 2,4ss
shares, S249, 500.
Hubert c. Vaudeville, EImira, y. Y, l.
Harold B. Thorne. Montclair, Essex.
ARTICLE IX.
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 az provided
by law and the Bylaws of the Company.
IN WITNESS WHEREOF, we have
hercunto set our hands and seals this
third day of March, A. D. 1922.
JOHN T. STEELE Il, s. 4
Elmer Z. Finck as to John T.
HUBERT c. VAUDEVILLE IL s.
w II. Vaudeville as TO H c.
Vaudeville
HAROLD B. THORNE. IL s.
Mary G. White as TO Harold q.
Thorne.
STATE OF NEW YORK,
COUNTY OF ERIE, IS:
Elmer Z, Finck, Notary Public in
and for the County Of Erie and State OF
New York. do hereby certify that JOHN