The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1910-03-12

uire or otherwise. lan0S anu OtueI
property, or any interest therein; 10
erect and construct buildings and
works Of every description on lands
belonging to the company. or upon
lands OF other persons. companies or
corporation TO rebuild. enlarge. alter.
improve or remove existing buildings
on or from lands: TO convert bodies
OF lands belonging TO the said company
or other companies, person or persons.
into lots or parcels. roads streets or
other conveniences. and to generally
improve the said lots or parcels OF
land and TO sell the same. either for
cash or on time. on commission or
otherwise; TO undertake and direct the
management and sale OF the property,
buildings and lands OF the company or
other persons: TO manufacture, buy.
sell, deal and trade in any and every
kind OF brick. stone and building ma
terials and supplies: 10 make. enter
into. form and carry out contracts for
constructing. altering. decorating.
maintaining. furnishing. fitting up and
improving buildings OF every sort and
kind: 10 enter into. make. perform and
carry out contracts of every sort and
kind with any person. firm associa-
ton or corporation private public,
municipal or body polite. or with the
Government of the United States or
any State or Territory thereof. 10 car
ry on in all of their respective
branches the business OF builders. con-
tractors, and decorators. dealers in
stone. brick. timber. hardware and
other building materials and reQui-
sites: to manufacture. purchase or
otherwise acquire. hold. own, mort
gage. sell. assign and transfer. invest.
trade. deal In and with goods. wares
and merchandise. chooses in action. ard
property OF every class and desc lip
ton. and also TO acquire trade. good
will. rights. property and assets Of all
kinds, and TO undertake the whole or
any part of the liabilities of any per-
son. firm. association or corporation,
and TO pay for the same in cash,
stocks. bonds. or other securities OF
this company, or otherwise: II pur-
chase. lease, exchange, hire or other
wise acquire any and all rights. privi-
leges. permits or franchises suitable
and convenient for any OF the pur-
poses OF the business of said corpora
| ton; TO borrow money. and loan mon
/ ey on every and any kind OF properly.
\ TO receive money on deposit from any
person or persons for the purpose OF
| investments or otherwise for them: to
make and issue promissory notes, bills
OF sale, bonds. indentures and evil
1
! whether or not secured by mortgage,
| pledge or otherwise: and ID carry On
any other business which may seem to
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
companys property or rights
To do all and every thing necessary.
suitable. convenient or proper for the
Accomplishment OF any of the pu--
poses. or to the attainment of any one
or more objects hercinhefore enImer-
lated. or incidental {" the powers here
inbefore named, OF 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. 200. 00) dollars; said
icapital stock 10 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 divid ID into
twenty-five hundred oscar shares. OF
the par value OF Ten $4,000 dollars
each: at least ten COj per cent. OF the
capital stock of said corporation shall
be paid up in lawful currency OF the
United States or its equivalent before
the commencement OF is business and
the balance OF the capital sleek Of said
corporation. shall be paid IN ia month
lly installmcnts at the rate Of At least
fifty cents (50cJ per month per share
-
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 is
business may require.
".
The term of said corporation is
ninety years.
The business OF the corporation shall
be conducted by president. vice
president. secretary treasurer, general
manager. and not less than FIVE (5D
nor more than seven GD directors:
and any two or more OF said Offices
may BE- held by one and the same per-
son: said officers shall be elected an
nuaUy. the annual election 10 be held
on the second Wednesday in January
q. "dCn anu every year the O1lCerS or
the corporation for the first year. or
until their Successors shall be elected
shall be Geo. Giles President and Gen
eral Mana ger; ] u. McDufry. Vice
.. President: G. A. Sheehy. Secretary:
r. i. Gadson. Treasurer: r 8. Mitch
I'll. Jos. l.. Wiley. c. II. Stewart. J. D.
McDuffy. Geo. Giles. r. p Gadson. G.
a Sheehy as a board Of directors.
VI
| The highest amount Of Indebtedness
or liability which this corporation can
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 81.
Name Residence No. Shares
! @ A Sheehy, Ocala Fla ~ IS
| Geo Giles. Ocala. Fla ...-.. so
F, P Gadson OcaIa- Fla .---..--- so
X. :. Mitchell. Ocala, Fla. -..... IS
NJ G Falana- Ocala. Fla ...-..-. 10
J. d. MaCDuffy Ocala. Fla. 5000. IS
, j :. LaRoche. Ocala. Fla ......-- Is
. @. II. Stewart, Ocala. Fla. ... %
w p Wilson. Ocala. Fla 1890 L
In witness whereof. the said parts6
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