Letters Patent.
     The State of Florida
          To all whom these Presents shall come == Greeting:
               Whereas, J.B. Padgett, J.E. Futch and Jos. E.
Harrison, on the first day of January, A.D., 1910, filed in
the office of the Secretary of State a proposed charter
of a corporation to be known as The Padgett Futch
Company with a capital of Fifty Thousand ($50,000.000)
dollars, for the purpose of buying and selling all kinds
of merchandise including dry goods, groceries, hardware
boots and shoes, notions, millinery, furniture, coffins
glass and crockery ware, fertilizer, musical instruments,
bicycles, vehicles, of all kinds and any and all goods,
wares and merchandise that may be sold in a
general merchandise business.  Buying, owning, leasing
or selling horses, mules and all other kinds of live
stock.  Buy own, operate, milk and gins for the purpose
of grinding corn and other grain, ginning cotton and
preparing farm products for market.  Buy, own, sell
and encumber real estate and personal property.  To
borrow and loan money, to take security or to execute
and deliver security for the same.  To do any and all
acts necessary in carring out the purposes of a general
mercantile business.  And have published due notice
thereof and have otherwise complied with the statute
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 Padgett Futch
Company and grants unto them full authority to
exercise the powers and privileges of a corporation for
the purpose above stated, in accordance with their said
charter and the Laws of this State.
     In Witness Whitness, These presents have been
attested with the Great Seal, and signed and countersigned
by the Governor and Secretary of State of the State of
Florida, at Tallahassee, the Capital, this the third
day of Feb.  A.D.  1910.
     (Seal)         Albert W. Gilchrist, Governor
                    H. Clay Crawford, Secrtary
                    of State.

     Proposed Charter of Incorporation of the Padgett-
Futch Company.
     We, the undersigned, hereby associate ourselves
together for the purpose of becoming incorporated under
the laws of the State of Florida, applicable to corporations
for profit.
                    Article I.
     Name. The name of this corporation shall be