by law it is hereby approved
Starke Florida March 27 1905
                    J.T. Wills
                         Judge
Filed November 30th 1904  Recorded April 27th 1905
                           S.H. Wienges     Clerk

The Colson Investment Co.
Letter Patent     State of Florida
     To all Whom these presents shall come:  Greeting.
Whereas, N.G. Wade  Perry M. Colson and D.W. McArthur,
on the nineteenth day of May, A.D.  1905, filed in the
office of the Secretary of State a proposed charter of a
Corporation to be known as
     The Colson Investment Company,
with a capital of one hundred thousand ($100,000.00) dollars
for the purpose of to buy, sell, option, mortgage, lease, rent,
cultivate, improve, plat, subdivide, auction and deal in for 
itself and for others on commission all kinds of real and
personal property; to buy, sell, raise, improve, and deal in all
kinds of live stock; to borrow or lend money, its credit or
the credit of others, with or without security; to subscribe
for purchase, receive, own, hold, sell and dispose of stocks,
shares, bonds, securities or obligations of individuals or
of other corporations wherever located; to buy, sell, lease,
own, and use machinery and appliances, supplies and
personal property of whatsoever description; to collect,
discount and assign securities or other obligations pay-
able or transferred to it either before or after maturity; to
buy and own its own shares on any terms whatever and
to have power generally to do and perform, have, hold,
require and enjoy all other property powers and things
or shall be incident, necessary or expedient for the con-
ducting the necessary operations of the business and
generally to be vested with and to have all power granted
or which may hereafter granted to corporations for profit
under the Laws of the State of Florida,
and have published due notice thereof and have
otherwise complied with the state in such case made
and provided.
     Therefore, the State of Florida hereby incorporates the
above named persons, their associates and successors
into a body politic and corporate in deed and in law
by and under the said name of The Colson Investment
Company, and grants unto them full authority to exercise
the power and privileges of a corporation for the purpose
above stated, in accordance with their said charter and
the Laws of the State.
     In Witness Whereof, These presents have been attes-
ted with the Great Seal, and signed and countersigned