The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1910-03-19

erect and construct buildings and
works OF every description on lands
belonging to the company, or upon
lands Of other persons. companies or
corporations: TO rebuild. enlarge. alter.
improve OF 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: to make. enter
into. form and carry out contracts for
constructing. altering, decorating.
maintaining. furnishing. fitting up and
improving buildings OF every sort and
kind: to 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. to car
~ 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. and
% =
ton. and also to acquire trade, g,od-
will. rights, property and assets u all
kinds. and to undertake the whole or
any part of the liabilities OF anv per-
son. firm. association or corporation.
and 10 pay for the same in cash.
stocks. bonds. or other, securities OF
this company, or otherwise; 10 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
dences OF Indebtedness OF all kinds.
whether or not secured by mortgage,
pledge or otherwise: and - carry en-
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
company's property or rights.
To do all and every thing necessary,
suitable. convenient or proper for the
NJ fiSt1r ~ rn
poses. or TO the attainment Of any one
or more objects hercinhetore enumer-
ated. or incidental to the powers here
inbefore named. or which shall at any
time appear conducive or eSpedient 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 he twenty
! five thousand (s25 .060.00) dollars: said
! capital stock to be paid up in lawful
money of the United States OF Amer
4 lea. or in property. labor or services as
! the board Of directors may direct: the
said capital stock 20 be divided into
! twenty-five hundred oscar shares. OF
! the par value of Ten t$I0.0bD dollars
each: at least ten (1G) per c=nt- 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 its business, and
| the balance of the capital stock OF said
| corporation. shall be paid IN In month
| Is installments at the rate OF At least
| fifty cents (50c) per month per share
1
! 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
! hereiLbefore enumerated, and az is
| business may require
".
| The term OF said corporation Is
ninety nine years.
| The business Of the corporation shall
! be conducted by a president. vice
president, secretary. treasurer. general
manager and not less than five go
| nor more than seven CD 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
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: ]. D. McDuffy. Vice
President; G. A. Sheehy. Secretary:
F. P Gadson. Treasurer: r. s. Mitch
ell. JOS. L. Wiley. c. II. Stewart, J. D.
McDuffy, Geo Giles. F. p Gadson. G.
A Sheehy, as board OF directors.
VI
The highest amount OF Indebtedness
OF liability which this corp
at any time subject itself
the par value Of its capita
| VII.
The names and residep
subscribers. and the am,
subscribed by each OF ther.,
lows. to-wit:
Name. Residence ~
@. A Sheehy, Ocala, Fla
Geo Giles. Ocala. Fla w
F p. Gadson. Ocala. Fla ~
p. :. Mitchell. Ocala. Fla. .....-. ::
II. G. Falana. Ocala, Fla . II
, ]. D. MacDufy. Ocala, Fla. $500 q
J. 8 LaRoche, Ocala, Fla -.-.--- 1!
c. H Stewart. Ocala, Fla. ...-. :!
". P. Wilson, Ocala. Fla 1890 j
In witness whereof. the said part.e
have hereunto set their hands and az
fixed their seals the lay and year drD
above written.