The Ocala evening star., 1910-04-02

and merchandise. chooses in action. ard
property OF every class and desc-ir-
ton, and also to acquire trade. god
VIII rights, property and assets IF 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 saftable
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.
10 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 eNi-
dences OF Indebtedness Of all kinds
whether or not secured by mortgage.
pledge or otherwise: and II carry. Cn
any other business which my seem to
the company capable of being conven-
| iently carried on in connection with
the above, or calculated directly o. in
directly 10 enhance the value Of the
| To do all and every thing necessary,
suitable. covenient or proper for the
! accomplishment Of any OF .ha pu--
poses. or to the attainment of any one
or more objects hereinhefore enTmer-
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. 900. OOD 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 (25eal shares, OF
the par value OF Ten $4,000 dollars
each: at least ten (1o) per cant 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 stock Of said
liz installments at the rate of At least
fifty cents C50c) 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 is
business may require
".
The term of said corporation Is
Ininety-nine years
|, The business Of the corporation shall
be conducted by a president. vice
president. secretary. treasurer. general
manager. and not less than five (5D
nor more than seven CO directors:
land 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 q
, the corporation for the first year.
J until their successors shall be elect4
; shall be Geo. Giles. President and Gerv
! ieral Manager; J. D. McDuffy. vicS
: President: G. A Sheehy- Secretary:
r P Gadson. Treasurer; p :. Mitch
: ell. Jos. L Wiley. c. H Stewart, J. u
: NcDufTy. Geo. Giles. r P. Gadso1G
4 Sheehy. as 2 board OF directaz
/. VI
The highest amount o.
!, or liability which thiS
At any time subject
: the par value OF
. 4