The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1913-01-08
PROPOSED CHARTER OF THE CARN-
THOMAS COMPANY


PROPOSED CHARTER OF THE CARN-
THOMAS COMPANY
The undersigned, Baxter earn, Char
lie E. Thomas and A. c. Cuthill, do
hereby associate themselves together
for the purpose of becoming incor-
ness as a corporation for profit, under
the following B TToPosed charter
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
of business at such other points as may
be from time to time necessary or con-
venient, to be fixed in the bylaws for
the corporation
ARTICLE II
The general nature of the business
ed in or transacted by it is as follows:
/. To conduct general merchan-
disc and commissary. stores. buying and
selling by wholesale and retail, i'm
goods, wares, merchandise, groceries.
drugs, chemicals, foods, feed stuffs,
fruits. vegetables, farm product, farm
implements, fertilizers, and all other
merchantable commodities.
2. 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
GLIDING livestock, farm implements,
machinery, vehicles, automobiles, bicy-
cles, motorcycles, and other personal
property.
real estate by purchasing, holding. inn
proving, letting TO rent, developing
and selling the same, or products
thereof or therefrom, and by doing any
n nd oil hi ipn ont f1 nh, h1Ys,s
ness; and to 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
poration shall have the power to lease,
and all property necessary or conven-
lent to the transaction of any of said
purposes, or which the business of the
corporation may require, or which it
shall or may acquire in satisfaction, or
partial satisfaction, or debts due the
corporation, under sales, judgments or
settlement, of debts due the corpora
ton by any of its debtors.
ARTICLE III.
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 as 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
be 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,
directors of the corporation at a meet
ing called for such purpose.
ARTICLE ".
This, corporation shall exist for,
period of ninetynine years from the
date Of its letters patent.
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 to 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
shall consist of not less than three. nor
more than seven; and until the officers
elected at the first annual election
shall have qualified, the business of
the corporation shall be conducted and
carried on by the following named Of
hcers: Baxter earn, president; Charlie
e. Thomas, secretary and treasurer;
anu Baxter earn, Cnarie Il. IhOmaS
and 4. c. Cuthill as a board of direc-
tors.
ARTICLE VI
The highest amount of Indebtedness.
or liability, to which this corporation
can subject itself shall be the sum OF
fifty thousand dollars.
ARTICLE VII.
The names and residences of the
subscribing incorporators of this cor
poratIon, and the amount of capital
stock subscribed for by each, are as
Baxter earn, ocala, Marion county.
Fla. 200 shares.
Charlie E. Thomas. Ocala, Marion
county, Fla. 100 shares.
A. c. CuthiIl, Martel, Marion county,
Fla, forty shares
IN WITNESS WHEREOF, the said
incorporators have hereunto vset their
hands and affixed their seals this the
10th day of December, A d. 1912:
Baxter earn. ISeaD.
Charlie E Thomas, 1SeaD.
A. c. Cuthil1. fSeaD.
By Baxter earn, Atty. in fact
Signed and sealed in our presence:
W. K. Zewadski
Mania T Eox