The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1912-12-11
PROPOSED CHARTER OF THE earn
THOMAS COMPANY

The undersigned, Baxter earn Char
lie +. Thomas and y. c. Cuthill, do
for the purpose of becoming incor-
porated, and transacting divers bust
ness as corporation for profit under
the laws of the state of Florida, under
the following proposed charter.
ARTICLE l.
The name of this corporation shall
be earn THOMAS COMPANY, and its
principal place of business shall be at
the city of Ocala, Florida, in Marion
county, with branch offices or places
be from time to time necessary or con-
venient, to be fixed in the bylaws for
the corporation.
The general nature of the business
this corporation proposed to be engage
ed in or transacted by it is as follows:
!. To conduct general merchan-
selling by Wholesale and retail, inn
porting and exporting all kinds of
goods, wares, merchandise, groceries,
fruits, vegeta bles, farm product, farm
implements, fertilizers, and all other
understandable commodities.
steamboats,, freight boats, steam ships,
sailing vessels, and all kinds of water
craft, and the docks, harborS, wharves,
piers and shipyards connected there
}. To deal in any and all kinds of
PERSONAL property by buying, holding,
ltllluS 10 HlTt, anu SGIllnS same, IN
Guiding livestock, farm implements,
machinery, vehicles, automobiles, bicy-
cles, motorcycles, and other personal
property.
4. To deal in any and all kinds of
real estate by purchasing, holding, i'm
proving, letting to rent, developing
and selling the. same. or products
thereof or therefrOm, and by doing any
and all things incident TO such BUSH
ness; and to exercise any and all pow
ers incident TO the powers above
en- corporations in general by the laws
of the state of Florida; and, in addi-
tiOn 10 the foregoing powers, the cor
pOratiOn shall have the power to lease,
purchase, hold, sell and convey any
and all property necessary or conven-
lent to the transaction of any of said
corporation may require, or which it
shall or may acquire in satisfaction, or
partial satisfaction, or debts due the
corporation, under sales, judgments or
mort cages. or in settlement or partial
settlement, of debts due the corpora
tion by any of its debtors.
ARTICLE Ill
The capital stock of this corporation
shall be fifty thousand dollars, divided
into two thousand shares Of the par
value of twenty-five dollars each; ten
per cent of which capital stock shall
be paid in soon as letters patent
are issued, and the balance as called
for by the board of directors upon
thirty days notice of such call, and not
more than twenty-five per cent shall
he called for at any one time Prop
erty. labor or services may also be pur-
chased or paid for with capital stock
at just valuation of such property,
abor or services, TO be fixed by the
directors of the corporation at a meet
in" called for such purpose.
ARTICLE ".
This corporation shall exist for a
period of ninety-nine years from the
date of its letters patent.
ARTICLE V.
The business Of this corporation
shall be managed and conducted by a
president secretary, treasurer and
board of directors, and such other Of
ficers and agents as the corporation
may authorize, by its bylaws hereaft-
er 10 be adopted. The annual meet
Ing Of the stockholders shall be held
on the first Tuesday in February. 1913,
and annually thereafter. at which time
said officers shall be elected in such
manner as shall be prescribed by the
said bylaws. and in conformity TO the
laws Of Florida. That either the pres
ident or the treasurer may be elected
secretary That the board of directors