The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1898-02-17
DIR. DAN MORGAN SMIHT
PHYSICIAN AND SURGEON
OCALA, FLA
Office. Merchants PIock
Articles OF Incorporation
THE LIGHTNING HOE COMPANY

THE LIGHTNING HOE COMPANY.
Nctice is hereby given that we. Edward HoI
der Charles Monroe Brown and Decatur W
Davis, of Ocala. State of Florida. do hereby
associate ourselves together for the purpose
of forming ii corporation under the genera
laws of the State Of Florida in relation there
to, and viii on
THE 22ND DAY OF FEBRUARY. 1898.
apply to the governor of the State of Florida
for letters patent to b. issued for the incor-
pOration of the Lightning Hoe Companv and
propose the following aS the charter thereof
ARTICLE l.
The name of said corporation shall be the
"Lightnng Hoe Company" and the place of
business of said corr oration shall be Ocala,
Florida. and such branch offices in such states
as the said company may. from time to time
deem necessary.
ARTICLE H.
The general natur, of the business To he
manufacture and sale of hoes. fa rming impie-
mentS. and general manufacturing business
ARTICLE III.
The capital stock # said corporation shall
be thirty thousand do lars To be divided into
and represented by - shares. each of the pa +
value of 500. said capital stock may be in
creased from time 10 tune tothrce hundred
thousand dollars. All Of said capital stock has
been subscribed and paid iii fi-I. The stock of
said corporation shall J." noH-assessabl bic. and
the property OF the stock holders shall not be
liza bic for any debts or liza bilitieS of the cor
pOratiOn.
ARTICLE ".
The term of existence of said corporal ton
shall be nincty-niHc years.
ARTICLE Y.
The amoGntof th" Indebtedness of said cor
poration shall not al any time exceed twenty
five per cent OF the stock issued.
ARTICLE Vi.
The business Of said corporation shall be
conducted Ivy u president, vice-prcsident
secretary and treasurer, and board Of dircc-
tors Of not less than three nor more than five
who shall be stockholders. The officers who
he n.i e -,iI
until the first election Of officers by the share
holders shall be:
Edward Holder. Director and President
Charles Monroe Brown, Director and Vice
President.
Decatur W. Davis. Director, and Secretary
The officers of said corporation shall be
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-
ton nor OF the laws IF the State of Florida
for the government Of is affairs. Those first
majority Of all the shares Of stock then issued
They may be amended or repealed in the
manner provided in said bylaws.
ARTICLE VIII.
The names and residences Of the subscribers
Edward Holder, ocala. Fla. Decatur W.
Davis, Ocala, Fla. Charles ". Brown. Ocala,
Fla.
STATE OF FLORIDA,
MARION COUNTY.
Before the unde -Ened authority personally
came Edward Holder. Charles Monroe Brown
and Decatur W. Davis, 20 me known TO be the
persons described in. and who subscribed 20
the foregoing articles ot Incorporation. being
BY me first duly sworn, seyera!ly acknowl-
edged that they executed the same for the
uses and purposes expressed therein.
Sworn TO and subscribed before me this 18th
lag Of January, 4, d. 1S9s.
EDWARD HOIDEr.
decatur ". DAVIS.
CHAs. VI. BROwr.
II. u T:AGLETCS.
Notary Public state a Large.