in said said corporation and all property real and per-
sonal then owned by said corporation, and such for-
feiture shall inure to the company as if such stock
holder had never participated in the corporation.
In all cases where members endorse notes or obligations of
the corporation to purchase property for the company
and pay such notes or obligations then such endorsers
shall be reimbursed to the extent of the amount paid
by them over and above their prorata liability as mem-
bers of the company out of any property, forfeited
stock, money or other effects of such stockholders
forfeiting as aforesaid, and any deficiency, from the
assets of the company whether in real or personal
property.
6  At all meetings of the stockholders including the
annual meetings for the election of offices, a
majority of the stock shall be represented to constitute
a quorum for the purpose of transacting business.
7  Notice of the holding of the stockholders annual meet-
ings shall be published for two weeks successively
next preceeding the day appointed for such meeting,
in one newspaper published in Lake City, Florida.
8  The Liabilities of the stockholders of this corporation
for the debts of the same shall as provided in
the act of the Legislature of the State of Florida in
relation to general corporations, approved May 31st
A.D.  1887.
9  Said corporation shall exist for the period of twen-
ty years and the principal place of business of
this corporation shall be at Lake City, Columbia 
County, State of Florida.

                    Incorporators
Lake City Florida.
March 7th 1891
(Signed)     Jas. E. Young          60 shares     $6000.00
    "        John T. White          40    "       $4000.00
    "        Ambrose B. Hart        80    "       $8000.00
    "        J.C. Getzen            40    "       $4000.00
    "        J.A. Crawford          40    "       $4000.00
    "        W.R. Bush              40    "       $4000.00
    "        V.J. Herlong           60    "       $6000.00
    "        T.W. Getzen            40    "       $4000.00
    "        W.N. Thompson          40    "       $4000.00
    "        J.S. White             10    "       $1000.00
    "        J.D. Calloway          10    "       $1000.00
    "        Jno. V. Brown          40    "       $4000.00
     (Seal)     Filed March 23,  1891          S.H. Wienges     Clerk
                Recorded July 16,   1912       By E. Weir     D.C.