The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1910-04-09

otherwise acquire. hold own mort
gage. sell, assign and transfer. invest,
trade, deal in and with goods, wares
and merchandise. chooses in action, and
property of every class and desc tn
ton. and also to acquire trade, good
will. rights. property and assets NJ 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, otherwise: u 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 eNi-l
dences OF Indebtedness of all kinds.
whether or not secured by mortgage.
pledge or otherwise: and II carry On
any other business which may seem TO
I the company capable OF being conveR-
iently carried on in connection with,
the above. or calculated directly or i'm
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 hsrcinhefore enumer-
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-
I frv, ag- har r,1r - sw~
| ed in any property or otherwise; with
| all the powers now or hereafter con-
| ferred by the laws of the State of
Florida.
Ill
The amount OF the capital stock of
| the said corporation shall be twenty
five thousand (s25. 100000 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 (a50al shares, OF
the par value of Ten iSlo.00) dollars
each: at least ten (10) 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 its business and
the balance OF the capital stock Of said
corporation. shall be paid in In month
" installments at the rate OF al least
fifty cents (50c) per month Per share
until the par value OF earn 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
ninety-nine years.
The business of the corporation shall
be conducted by a president, vice
president, secretary, treasurer, genex2
manager. and not less than five (S
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 Janus}A
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 Cen
eral Manager; J. ID. McDuffy, Vice
President; G. A. Sheehy. Secretary;
F. p. Gadson. Treasurer; r. s. Mitch
McDuffy, Geo Giles. F. P. Gadson. G..
A. Sheehy. as 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:
; Name. Residence. No. Shares.
G. A Sheehy, Ocala, Fla -..--- IS
Geo Giles. Ocala. Fla ---.--- so
\ F. p. Gadson. Ocala- Fla ------ so
| r. s. Mitchell, Ocala. Fla. IS
VI. c. Falana. Ocala, Fla 1880. 10
) ]. ID. MacDuffy. Ocala, Fla. ---.-.- %
J. 6. LaRoche. Ocala. Fla 1900. Is
c. al. Stewart, Ocala, Fla $3.50. IS
W. p. Wilson. Ocala, Fla. $500 IS
In witness whereof. the said parties
have hereunto set their hands and sf-
fixed their seals the day and year first
above written.
G. A Sheehy. (SeaD.
Geo. Giles. (SeaD.
r. p Gadson. (SeaD-
r 6 Mitchell. (Seal).
NJ c. Falana. (SeaD.
J. d. MacDuffy, (SeaD.
J. s. LaRoche, (SealX
C II. Stewart, (SealSg
w p. Wilson. tSeaD.
State Of Florida
County Of Marion K
\ Before the undersigned persond 1.
appeared G. A. Sheehy, Geo. Gne
P. Gadson. r. s Mitchell. n. c. ~
: lana. J. D. McDuffy. J. s LaRoche.
C. II. Stewart, w p. Wilson, known
! to me to be the parties who executed
I the foregoing instrument. and several
lly 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
u s. T. Sistrunk,
= Clerk Circuit Court