for the purpose of forming and becoming a body
corporate under the Laws of the State of Florida, and
do hereby make, adopt, declare and subscribe the follow-
ing as the Articles of our Incorporation:
                    Article I
     The name of this corporation shall be Higdon
Trading Company and its place of business shall
be High Springs, Alachua County, Florida but such
branch offices and places of business may be
established elsewhere as the board of directors may
from time to time determine.
                    Article II
     The general nature of the business to be conducted
by this company shall be to buy and sell any and
all kinds of merchandise, at wholesale or retail,
to buy, sell, mortgage or lease realty and personal
property;  to do a general merchantile and contracting
business; to buy, sell, gin, grind, manufacture and stock
cotton, corn and other farm products, and to exercise
such powers as shall be necessary for and incident
to the conducting of said business or businesses.
                    Article III
     The capital stock of the company shall be $25,000.00
divided into five hundred shares of $50.00 each
232 shares to be paid up in full in cash before
commencing business and the remaining 268 shares
to remain in the treasury of the company and sold
by said company at not less than $50.00 per
share, for cash, as the by-laws may direct.
                    Article 4
     The corporation shall continue and have full
power to exercise its corporate franchise for
ninety-nine (99) years after the commencement
of its corporate existence.
                    Article 5.
The business of this corporation shall be conducted
by a president, a Vice President and general
manager, a secretary and treasurer, and five
directors.
     The directors may be increased by the by-laws to any
number not exceeding nine.  The directors shall be
elected by the stockholders at the annual stockholders
meeting held in High Springs, Florida at the
principal place of business of the corporation on
the second Tuesday in January of each year beginning
in the year 1911.  The other officers shall be elected by
the directors directly after the Stockholders meeting.  The
first annual meeting shall be held on the second
Tuesday in January, 1911, and until the first
election of directors and officers, the following