J.B. Stockman
                    Chas A. Faircloth

     Proposed Charter Of the Farmers and Merchants Bank of Trenton.
The undersigned incorporators hereby associate themselves together for the
purpose of becoming incorporated and forming a corporation under and by
virtue of the Laws of the State of Florida with and under the following proposed
charter.
                    I
     The name of the corporation shall be the Farmers and Merchants Bank of Trenton
and its place of business shall be in the City of Trenton, in the county of 
Alachua and State of Florida.
                    II
     The general nature of the business to the transacted shall be that of a General
Banking business with powers incident thereto as provided by the Statutes of the State of Florida.
                    III
The amount of the Capital stock of said corporation shall be Fifteen thousand Dollars to be
divided into One hundred and fifty shares of the par value of One hundred Dollars ($100) each
to be paid in cash.
                    IV.
The term for which said corporation shall exist shall be Fifty years.
                    V
The business of the said corporation shall be conducted by the following
officers: - A President, one or more Vice presidents, a board of Five
directors, a cashier, and such other officers and employees as the
corporation may authorize.  The board of directors may appoint
subordinate officers and employees with such powers duties and
terms of office as they may prescribe, or as may be provided by the
bylaws, not inconsistent with the banking laws.
                    VI
     The directors shall be elected by the stockholders at each annual
meeting.  All other officers and employees shall be elected annually by the
Board of Directors.  The annual meeting of the stockholders shall be
held on the Third Thursday in January in each year.
                    VII
     Until the Officers elected at the first annual meeting of the stockholders
shall be qualified, the business of said corporation shall be conducted
by the following named officers - 
     Orlando S. Clyatt          President
     William E. Bell            First Vice-President
     Chas A. Faircloth          Second Vice President
     Robert C. Lang             Chasier
and O.S. Clyatt, W.E. Bell, C.A. Faircloth, R.C. Lang and J.B. Stock-
man Directors.
                     VIII.
The highest amount of indebtedness or other liability to which the said
corporation shall at any time subject itself shall be as limit and defined
by Section 2712, of the General Statutes of the State of Florida.
                     IX.
     The names and residences of the subscribers, and the amount of
capital stock subscribed by each, are as follows: