The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1910-03-26

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the company capable of being conven-
iently carried on in connection with
the above, or calculated directly o. in
directly TO enhance the value OF the
company's property or rights
To do all and every thing necessary,
suitable, covenient or proper for the
accomplishment of any OF The pu--
poses. or to the attainment OF any one
or more objects hercinhefore eaumer-
ated. or incidental to the powers here
inbefore named, or which shall at any
time appear conducive or expedient for
the protection or benefit of the corpo-
ration, either as holders OF or interest
ed in any property or otherwise: with
all the powers now or hereafter con-
ferred by the laws OF the State of
Florida.
The amount of the capital stock of
the said corporation shall be twenty
five thousand (S25,O00.0O) dollars; said
capital stock to be paid up in lawful
money of the United States of Amer
lea, or in property. labor or services as
the board Of directors may direct; the
said capital stock to be divided into
twenty-five hundred (250h) shares, of
the par value of Ten (s10.09) dollars
capital stock of said corporation shall
be paid up in lawful currency OF the
United States or its equivalent before
the commencement Of its business, and
the balance of the capital stock Of said
corpora ton, shall be paid IN in month
" installments at the rate of at least
fifty cents (50c) per month per share
until the par value of eacn and every
share has been paid in for the stock
sold: that the amount so paid in dur
each and every month shall be used by
the said corporation for the purposes
hereinbefore enumerated, and as lis
business may require.
The term of said corporation is
ninety-nine years
V.
The business of the corporation shall
be conducted by a president, vice
president, secretary, treasurer, general
manager, and not less than five (5)
nor more than seven CD directors:
and any two or more of said Offices
NAV be held by one and the same per-
son: said officers shall be elected an
nually, the annual election to be held
on the second Wednesday in January
of each and every year; the officers of
the corporation for the first year, or
until their successors shall be elected
shall be Geo Giles. President and Gen
eral Manager; J. D. McDuffy, Vice
President: G.. A. Sheehy, Secretary;
F. p. Gadson. Treasurer; r $. Mitch
ell. Jos. l. Wiley. c. H. Stewart. J. D.
McDufy. Geo. Giles. F. P. Gadson. G.
a. Sheehy. as a board Of directors
The highest amount of indebtedness
Oh, ion N
at any time subject itself to shall be
the par value Of its capital stock.
VII
The names and residences Of the
subscribers. and the amount OF stock
subscribed by each Of them, are as fol-
lows. to-wit:
Name. Residence. No. Shares.
G. 4. Sheehv. Ocala. Fla. -.-..-.-. 30
Geo. Giles. Ocala. Fla -.----- 20
F p. Gadson. Ocala. Fla. ---.-- 80
r. < Mitchell. Ocala. Fla. .----- .
VI. c. Falana. Ocala. Fla --.-.-.-- 10
J. D. MacDuffy. Ocala- Fla. %
J. :. LaRoche.. Ocala- Fla -..----- 10
c. II. Stewart. Ocala, Fla -.------ -
W. P Wilson. Ocala. Fla. i
In witness whereof. the said parties
have hereuntO set their hands and 81
fixed their seals tn lay and year first
above written.
G. \ Sheehy, (SeaD.
Geo. Giles. (SeaD-
r p GadsOn. CSeaD-
p 8 Mitchell. CSeaD-
". g. Falana. CSeaD-
J. d. MacDUffy, ISeaD-
J. :. LaRoche (SeaD.
g II Stewart. (SsaD.
w. P Wilson (SeaD.
state Of Florida.
County Of Marion.
Before the undersigned personally
appeared c. 4. Sheehy, Geo. Giles. F.
p. Gadson. p 8. Mitchell. NJ. G Fa-
lana. J. d. NcDuffy. J. : LaRoche.
c. II. Stewart W. P Wilson. known
to me to be the parties who executed
the foregoing instrument and several .
y ACKNOWLEDGED that they executed
the same for the uses and purposes
therein expressed
Witness my hand and official seal
this sth day OF March. a ID. 1910
< T. Sistrunk.
Clerk Circuit Court
Ny commission expires on the -
, dav OF January. A D. 1913.
C.. j. PHILLIPS
Contra ctor and Bufldef.