at said meeting which meeting shall be the first
annual meeting of the corporation.
Until the officers elected at the first annual
meeting shall be qualified the business of the Cor-
poration shall be conducted by the following
named officers.
     President                W.R. Thomas
     First Vice-President     C.W. Chase
     Second Vice-President    G.K. Broome
     Secretary and Cashier    Elbert B. Turner
and  Directors  W.R. Thomas,  C.W. Chase,  H.F. Dutton
G.K. Broome,  G.J. Thomas,  J.A. Maulstby and
J.G. Nichols.
The highest amount of indebtedness or liability to
which the corporation shall at any time subject
itself, Shall not exceed, the amount of its Capital
Stock at such time actually paid in and remaining
undiminished by loses or otherwise excepting that
said company may become indebted or liable
to an amount not exceeding Two Million ($2,000,000.00)
Dollars on account of demands of the nature
following
1.  Money deposited with or collected by the Company
2.  Bills of exchange or drafts drawn against money
on deposit to the credit of the company or due
thereto.
3.  Liabilities to the Stockholders of the company
for dividends and reserve profits
The names and residences of the subscribing incorporators
to the Corporation together with the amount of Stock
subscribed by each one as follows
W.R. Thomas          Gainesville, Florida     200 Shares
Charles W. Chase     Gainesville, Florida     200 Shares
G.K. Broome          Gainesville, Florida      50 Shares
H.F. Dutton          Gainesville, Florida      10 Shares
John G. Nichols      Gainesville, Florida      10 Shares
J.A. Maultsby        Campville, Florida        30 Shares
The name of The Dutton Bank is hereby approved
                    H.C. Croome
                    Comptr. State Fla.

State of Florida }
Alachua County   } Before me personally appeared
W.R. Thomas,  Charles W. Chase,  G.K. Broome  H.F.
Dutton,  John G. Nichols and J.A. Maulstby each
of whom are well Known to me to be one of
the individuals described in and who subscribed
to and executed the foregoing proposed Charter
and Articles of Incorporation and severally
acknowledged that he executed the same for
the purposes therein expressed.