The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1913-07-14
PROPOSED CHARTER OF METRO
POLITAN SAVINGS BANK
OF 0IN

The undersigned incorporators here
ny associate themselves together for
the purpose of becoming incorporated
and forming a corporation under and
by virtue of the laws of the state of
Florida, with and under the following
proposed charter:
The name Of the corporation shall be
the Metropolitan Savings Bank of
,Ocala ana It's place of business shall be
in the city of Ocala, in the county of
Marion, state of Florida
IL
The general nature of the business to
be transacted shall be that of a gem
eral savings bank business with pow
ers incident thereto, as provided by the
statutes of the state of Florida.
III.
The amount Of the capital stock Of
said corporation shall be Twenty five
Thousand Dollars (s25,000), TO be divid-
ed into twelve hundred and fifty shares
Of the par value of Twenty Dollars
'>IO' eacn' 10 De qIIvl ~. Tor IN cash
The term for which said corporation
shall exist shall be ninety-nine years,
The business Of the said corporation
shall be conducted by the following Of
lfcers:
\ president, one or more vice presi-
dents, a board Of nine directors, a
cashier. and such other officers and
employees as the corporation may au-
thorize. The board Of directors may
appoint subordinate officers and en-
plOyees, with such powers, duties and
terms Of Office as they. may prescribe,
or IS may be provided by the bylaws,
not inconsistent with the banking
laws.
VI
The directors shall be elected by the
stockholders at each annual meeting.
All other officers and employees shall
be elected annually by the board Of di-
stockholders shall be held on the third
Tuesday in January in each year.
Until the officers elected at the first
meeting of the stockholders shall be
qualified. the business of said corpora
tion shall be conducted by the follow
ing named officers:
George Giles. president
Joseph l. Wiley, first vice president.
c. H Stewart, second vice president.
And George Giles. Joseph L. Wiley.
Frank z. Gadson. ]. 5. LaRoche, S. H.
4adley c H. S sta R. + W Gnt1TGs
directors.
The highest amount Of Indebtedness
or other liability to which the said cor
poratiOn shall at any time subject It.
self shall be as limited and defined by
Section PIP, Of the General Statutes Of
the state Of Florida.
IN
The names and residences of the
subscribers and the amount Of capital
stock subscribed by each, are as fol-
/ lows.
Name Residence No. of Shares
George Giles. OcaIa, FIa...........350
Frank 2. Gadson, Ocala, Fla......350
! Joseph L. Wiley, Fessenden, Fla. $50
! D. W. Goodwin, Ocala. Fla.......... so
-. ( LaROche, Ocala, FIa....-..... so
! < H. HadIey, Ocala, Fla. .......-.. so
&c H.. Stewart. Ocald, Fla.......... so
X. K. Williams, Ocala, Fla.-..-.... so
Neptune T. Brown. Fessenden, Fla 80
Witness our hands and seals June II,
GEO. GILES. (seaD.
JOSEPH l. WILEY, (SeaD.
G.. H STEWART, CSeaD.
| D W. GOODWIN. iSeaD.
FRANK 7. GADSON. tSeaD.
: H HADLEY. CSeaD.
J =. Ia ROCHE, lSeaD.
NEPTUNE T. BROWN (SeaD.
r RECHE WILLIAMS, CSeaD.
state Of Florida.
/ County Of Marion
Before me the undersigned notary
! public in and for the state Of Florida
Iat large. personally appeared George
| Gtles. Joseph L Wiley, r. r. Williams,
Frank 7. Gadsou. J. :. LaRoche- :. H
Hadley. C. II. Stewart D. ". Good win,
/ Neptune r. Brown. all 10 me well
known. ard known 10 me TO be the in
Ffviduals described in and who eX-
Iecuted the foregoing proposed charter
lOcaIa. and each being duly sworn sew
orally acknowledged that he executed
1.-THE same for the uses and purposes
| therein expressed
/ In witness whereof ] have hereuntO
| set my hand and affixed Try nOtarial
| seal this 23rd day Of June. a. D. 1913
| H NJ HAMPTON,
| Notary Public. State OF Florida.
| Ny commission expires October 30,
TueS tune %