The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1912-03-15
NOTICE or APPLICATION ron
LETTERS PATENT

Notice is hereby given that we, the
undersigned, four weeks after the pub
lication of this notice, will apply to
the governor of the State of Florida
for letters patent to issue under the
following proposed charter:
]. L. YOUNG.
WILLIAM HOOKER.
J. D. ROBERTSON.
Copy of the Proposed Charter Of the
Cove Company
We, the undersigned, hereby asso-
ciate ourselves together for the pur-
pose of becoming incorporated under
the laws of the State of Florida, ap-
plicable to corporations for profit.
ARTICLE I.
Name.
The name of this corporation shall
be THE COVE COMPANY, and its
principal place of business shall be
Ocala, Marion County, Florida, but it
may establish offices and agencies in
any other place or places which its
board of directors may select.
ARTICLE III.
Bpsiness
The general nature of the business
to be transacted by this corporation
is to buy and sell real estate, and to
hold, use and enjoy the same for any
purpose for which such real estate
may be adapted; to acquire by deed
or lease any privilege relating to or
concerning real estate, and to use, or
dispose of, the same by sale, lease or
otherwise; to manage, control and I'M
prove any real estate which may De
acquired by the company; to develop
water power or powers, by construc-
ton of dam or dams, for the purpose
of generating electric power ana lot
the purpose of maintaining or operat-
ing public works, for the purpose OF
sunnlving electricity to cities ana
towns in the State of Florida and for
public utility; to buy and sell all KINDS
Of personal property, to lend and Dor.
row money, and, IN the transaclion u
such business, to acquire anu sise
mortgages or other security; ana TO
do any and all things necessary ol 10
ouisite for carrying out the IoresolLs
purposes, including the power OF tne
exercise of the right OF eminent uo'
main according to statute III sucn e'S
es made and provided.
ARTICLE III.
Capital Stock.
The amount of capital stock or tnls
corporation shall be Sixty Thousand
Dollars (S60,000), divided into SIX
hundred shares of the par value OF
one hundred dollars each, all OF
which capital stock shall be payable
in property at a just valuation to De
fixed by the directors of this company.
ARTICLE Nv.
Term.
The term for which this corporation
shall exist is ninety-nine years.
ARTICLE ".
Officers.
The business OF this corporation
shall be conducted by President,
Vice President, and Secretary and
Treasurer, and by Board or Direct
ors, consisting of not less than three
nor more than five members, to be
elected at the annual meeting OF the
stockholders to be held on the End
Tuesday in January, 1913, and annu-
ally thereafter, from which Board OF
Directors the other officers mentioned
herein shall be chosen by such board,
provided. that the office of Secretary
and Treasurer may be held by one
person, who need not be member OF
the Board of Directors. !.
The following named officers shall
conduct the business of this corpora
ton until those elected at the nrst
annual meeting shall qualify, namely:
J. L. Young, President;
William Hooker, Vice President; :
John d. Robertson, Secretary and
Treasurer;
And a board of Directors consisting
of J. L. Young, William Hooker and
John d. Robertson.
ARTICLE vi.
Indebtedness.
The highest amount of indebted
ness to which this corporation shall
at any time subject itself is one hun
dred and twenty thousand dollars
ARTICLE VII.
Names and Places of Residence of
Subscribers
The names and places of residence
of the subscribers, together with the
amount of capital stock subscribed for
by each is:
Names h0SlQ6QCG Shares
]. L. Young, Plant City, Florida. 200
William Hooker, Ocala, Florida. 200
J. D. Robertson, Ocala, Florida. 200
State of Florida,
Marion County.
Before me, the undersigned officer,
personally appeared j. L. Young, Will
liam Hooker and John d. Robertson,
to me well known to be the individ-
uals described in, and who executed,
the foregoing proposed charter of
THE COVE COMPANY, who severally
acknowledged to me that they SUBJ
scribed their names to the said pro-
posed charter for the uses and pur-
poses therein set forth and expressed
In witness whereof, | have hereHnto
set my hand and official seal this the
31st day of January, 1912