The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1912-02-23
NOTICE or APPLICATION Fon
LETTERS PATENT

LETTERS PATENT
Notice Ii hereby given that Ne. the
undersigned. four weeks after the pub
LEGATION OF this notice. will amply 20
the governor Of the State OF FLORIDA
Tor letters patent 20 issue under the
following proposed charter:
J. l. YOUNG.
WILLIAM HOOKER.
j. ID. ROBERTSON
Copy Of the Proposed Charter % the
Cove Company
We. the undersigned. hereby aaso-
ciate ourselves together for the par
pose Of becoming incorporated under
the laws OF the State OF Florida. APP
plicable to corporations for profit
ARTICLE l.
Name.
The name OF this corporation NhaU
De THE COVE COMPANY. aud So
principal place OF business shall L.
Ocala, Marion County. Floviaa 49, a
may establish offices aud agencies Ia
any other place or places which tts
board OF directors may select.
ARTICLE m.
Bpsiness
The general nature Of the business
10 be transacted by this corporation
is 10 buy and sell real estate. aud 90
hold, use and enjoy the same for any
purpose for which such real estate
may be adapted TO acquire 81 deed
or lease any privilege relating - OF
concerning real estate. and 90 use. az
dispose OF. the same by sale. lease or
otherwise: 10 manage. control and Ina
prove any real estate which may b.
acquired by the company; 90 develop
water power or powers. by construc-
ton of a dam or dams. for the purpose
of generating electric power and tor
the purpose of maintaining or opeFat.
ing public works. for the purpose ol
supplying electricity 90 cities anu
towns in the State OF Florida and Tor
public utility: 90 buy and sell ali kinds
of personal property. 20 lend and Dor.
row money, and, I'm the transaction %
such business, 90 acquire ana kite
mortgages or other security; ana p
do any and all things necessary or ~
ouisite for carrying out the forrEolns
purposes, including the power oi ne
exercise OF the right OF eminent 90
main according 10 statute In such cas-
es made and provided.
ARTICLE III.
Capital Stock.
The amount OF capital stock % ms
corporation shall be Sixty Thousand
Dollars (S60, O00), divided into sik
hundred shares OF the par value %
one hundred dollars each. all o.
which capital stock shall be payable
in property az a just valuation 60 Be
fixed By the directors Of this company.
ARTICLE ~.
Term.
The term for which this corporation
shall exist is ninety-nine years.
ARTICLE V.
Officers.
The business OF this corporation
shall be conducted by a President,
Vice President. and a Secretary aud
Treasurer, and BY a Board 81 Direct
ors. consisting OF not less than three
nor more than five members. % BE-
elected at the annual meeting Of the
stockholders to be held on the 2nd
Tuesday in January. 1913. and anuu-
ally thereafter, from which Board ~
Directors the other officers mentionea
herein shall be chosen By such beard,
provided, that the Office Of Secretary
and Treasurer mag be held ~ one
the Board OF Directors.
The following named officers shall
conduct the business OF this corpora
ton until those elected az the nrNt
annual meeting shall qualify. nameiyi
J. l.. Young. President;
William Hooker, Vice President.
John ID. Robertson, Secretary and
Treasurer;
And a board OF Directors consisting
of ]. l.. Young. William kocker and
John ID. Robertson.
ARTICLE vi.
Indebtedness
The highest amount Of Indebted.
ness 10 which this corporation shall
at any time subject itself Il one hun-
fred and twenty thousand dollars
ARTICLE VII.
Names and Places % Residences %
Subscribers
The names and places OF resldenoo
of the subscribers. together with the
amount OF capital stock subscribed for
by each is:
Names Residence shares
]. l.. Young. Plant Cifv. Florida. zee
William Hooker. Ocala. Florida 200
D. ~ ANVNEAAHVHa OAAaA4 NAHtHHM II. .tNN
State OF Florida.
Marion County
Before me. the undersigned officer.
personally appeared j. T.. Young. WI
liam Hooker and John n. Robertson.
TO me well known to b. the indltid.
uals described in. and who executed.
the foregoing proposed charter 90
THE COVE COMPANY. Who seteraliy
aclnowl lodged TO me that they sub
scribed their names % the said pro.
posed charter for the uses and par
poses therein set forth and expressed.
In witness whereof. I have hereanfo
set my hand and official seal this the
3ist day OF January, 1919
(SeaLl A. y. GERfG.
% Notary Public.