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• S"I'U:1RT DEVELOP~~:i;T CO~PO?2,~TION ~ , ~ , ~"%=~'- ,
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.ed hereb associate ourso~-vos together for the
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purpose of bocoming ~- corporation under the laws of tho State of Florida, ~
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by and under the provisions of the statut3s of the Stats of Flo:i~z m ro~ning
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for the formation, liability, rights and privileges and immunitieyl ~s a `_=_
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corporation for profits r~ ~` `"
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TRTICLE I. ? ~ `.`~ t
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Name of Corporation
The nar.:e of this corporation is: 5'rtJ:~RT DEVELAPi•SENT CORPO~TI0;1. ~ /
f~2TZCLE II.
General 2lature of the Business
The 5eneral nsture of the business and the objects an.i purposes
proposed to be transacted and carried on, are to do any and all the things
hereinafter mentioned, as freely and to the cams ex't::nt as natural persans
might or could do, vi ::
(a) To acquire by purchase, lease, or other:vis:~, and to
i improve, and develop real property. To erect darellings, apartment houses,
and other buildings, private or public, of all kinds, and to sill or rent
the same. To lay out, grade, pave, and dedicate road, streets, avcnuos,
highways, alleys, courts, paths; ~•ralks, parks, and playgrounds. To buy,
sell, mortgage, oxohange, lease, let, hold for investment or otherwise, use
! and operate, real estate of all kinds, improved or unir~roved, and any right
or interest therein.
ji (b) To purchase, constnict, lease or otherwise acquire,
and to hold, ._~,~n, sell, or dispose of real and personal property of all
kinds and in particular buildings, business concerns, lands, shares of
stock, mortgages, bonds, debentures, and other securities, merchandise,
book debts and aaims, trade marks, trade n~~.~:es, patents and patent nigh+_s,
copyrights ~.nd any interest in real oz personal property.
I (c) To borrow money for its corporate purpose, and to
zaake, accept, endorse, execute and issue promissory notes, bills, bills of
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