The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1912-12-10
PROPOSED CHARTER OF THE earn
THOMAS COMPANY

The undersigned, Baxter earn, Char
lie +. Thomas and y. G. Cuthill, do
hereby associate themselves together
for the purpose of becoming incor-
ness a s a corporation for profit, under
the laws Of the state of Florida, under
the following progressed charter.
The name of this corporation shall
be CARN THOMAS COMPANY, and it's
principal place of business shall be at
county, with branch Offices or places
Of business at such other points as may
De from time TO time necessary or con-
venient, to be fixed in the bylaws for
the corporation.
ARTICLE H.
The general nature OF the business
this corporation proposed to be engag-
ed in or transacted by ii is as follows:
/. To conduct general merchan-
disc and commissary stores buying and
selling by wholesale and retail, i'm
porting and exporting all kinds of
goods, wares, merchandise, groceries,
drugs, chemicals, foods, feed stuffs,
fruits, vegetables, farm product, farm
implements, fertilizers, and all other
merchantable commodities.
?. To own and operate boat lines,
steamboats,, freight boats, steam ships,
sailing vessels, and all kinds OF water
craft, and the docks, harbors, wharves,
piers and shipyards connected there
with.
8. To deal in any and all kinds of
personal property by buying, holding,
letting to hire, and selling 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
ana and selling the same, or products
and all things incident to such bust
ness; and 10 exercise any and all pow
ers incident TO the powers above
enumerated, and all other powers Civ
en- corporations in general by the laws
Of the state of Florida: and, in addi-
ton TO the foregoing powers. the cor
purchase. hold, sell and convey any
and all property necessary or conven-
lent TO the transaction Of any Of said
purposes, or which the business Of the
shall or may acquire in satisfaction, or
partial satisfaction, or debts due the
corporation, under sales, judgments or
mortgages, or in settlement or partial
settlement, OF debts due the corpora
ton by any Of its debtors.
ARTICLE Ill
The capital stock Of this corporation
shall be nifty thousand dollars, divided
!r-o TWO thousand shares of the par
value Of twenty-five dollars each: ten
pr cent of which capital stock shall
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
be called for at any one time Prop
erty. labor or services may also be pur-
chased or paid for with capital stock
AZ a just valuation Of suca property.
la Dor or services. TO be fixed BY the
directors OF the corporation at a meet
Ing called for such purpose
ARTICLE ".
This corporation shall exist for a
period Of uinety-nine years from the
date OF lis 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
ticers and agents as the corporation
may authorize. by its bylaws hereaft-
~ to he adopted. The annual meet
ing Of the stockholders shall be held
on the irSt Tuesday in February, 1918.
ami 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
Ia vs. OF Florida. That either the pres
ident or the treasurer may be elected