The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1898-01-31
Articles Of incorporation
THE LIGHTNING HOE COMPANY.


Notice i hereby given that we. Edward IIol-
der. Cha rlcS Monroe Brown and Decatur W.
Davis. of bcala. state of Florida. do hereby
associate ourselves together for the purpose
of forming Il corporation under the general
laws of the State of Florida III relation there
to. and will OH
TIE 22ND DAY OF FEBRUARY. 1sas.
apply To the governor of the State of Florida
for letters patent To be issued for the incor-
poration of the Lightning Hoe Company and
propose tn" following as the charter thereof
ARTICLE l.
The nam" of said corporation shall bc the
"LiGhtning Hoe Company" and the place Of
business of said corporation shall he Ocala
Florida, and such branch offices in such states
az the said company may. from time To time.
deem necessary.
ARTICLE II.
The general nature OF the business To he
transacted by said corpora ton shall he the
manufacture and sale of hoes. farming nipple
ments. and general manufacturing business.
ARTICLE ILL.,
The capital stock of said corpora ton shall
be thirty thousand dollars to bc divided INTO
and represented by 500 shares. each q: the pal
value of 800. said capital stock may be in
creased from time to time to three hundred
thousand dollars. All 81 said capital stock has
been subscribed a!id paid III full. The stock of
the property of the stock holders shall not be
liable for any debts or liabilities of the cor
poration.
ARTICLE ".
The term of existence of said corporation
shall be ninety-ninc years.
ARTICLE V.
The amount of the Indebtedness of said cor
poration shall not at any time exceed twenty
five per cent of the stock issued.
ARTICLE VI.
The business of said corporation shall he
conducted 10y a president, vice president.
secretary and treasurer, and IL board of tiir.;-
TORS h OF n1' les tnn Ihrrc nor r more than fyr
shall conduct the affairs of said corpora ton
until the first election of officers by the share
holders shall be:
Edwa ri Holder. Director and President
Charles Monroe Brown. Director and Vice
Decatur W. Davis. Director. and Secretary
and Treasurer.
The officers of said corporation shall he
elected on the second Monday OF March OF
each and every year.
ARTICLE VII.
Said corporation shall adopt bylaws not in
consistent with these articles of incorpora-
tion nor of the laws of the State of Florida.
for the government of it, affairs. Those first
adopted shall he adopted by the vote of II
majority OF all I'll" shares Of stock then issued.
They may be amended repealed in the
manner provided in said bylaws.
ARTICLE VIII.
The names and residences of the subscribers
are : follows:
Edward Holder. Ocala. Fla. Decatur w
Davis, Ocala, Fla, Charles NJ. Brown, Ocaa
Fla.
STATE OF FLORIDA,
MARION COUNTY. ,
Before the undersigned authority personally
came Edward Holder. Charles Monroe Brown
and Decatur W. Davis. To me known to he the
persons described in. and who SubScri bed TO
the foregoing articles of Incorporation. being
10y ne first duly sworn. SeVcrally acknowl-
edged that they executed the same for the
uses and purposes expressed therein.
sworn To and subscribed before me this 18th
day of January. y. ID. ls9s.
EDWARD HOLDER.
DECATUR W. DAVIS.
CHAS. VI. BROwN.
H. u EAGLETON.
Notary Public state at Large.