The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1914-10-23

| ness of real estate agencies, and sucn
as are usually incident to general
| brokerage business:
| (dl To buy and sell goods, wares
and merchandise, and conduct mer-
| camille business at Ocala, Florida,
and at such other points within the
state of Florida as the board of d.
rectors may determine:
(e) Generally to have and exercise
any and all such powers as may be
incident to the several businesses of
said corporation above enumerated,
not inconsistent with the laws of Flor
ida and the purposes of said corpora
ton as above defined.
ARTICLE III.
The amount of capital stock author
| lied is twenty thousand dollars, to be
divided into two hundred shares, each
of the par value of one hundred dol
lars. All or any part of the capital
stock of said corporation, including
stock subscribed for by the incor-
porators, may be payable either in
lawful money of the United States of
America, or may be payable in, or is
sued for, the purchase of property,
labor or services, at a just valuation
| thereof to be fixed by the board of
| directors at a meeting called for that
purpose; but ten per cent. of the
capital stock shall be subscribed and
paid for before the corporation shall
| transact business, and the remainder
of the capital stock that may be sub
scribed for shall be paid in such man.
ner, and at such times, and under
such terms, as the bylaws may pre-
scribe.
/ ARTICLE w.
| The term for which said corpora
ton. shall exist shall be ninety nine
years.
ARTICLE v.
The business of said corporation
shall be conducted by the following
officers, to-wit: A president, two
vice presidents, secretary and treas
urer, and a board of directors con-
sisting of not less than three nor
more than five persons, but the same
person shall be eligible to hold the
offices of secretary and treasurer.
The beard of directors shall be elect
ed by the stockholders at each an
nual meeting, and all other officers
of the corporation shall be elected
annually by the board of directors.
The annual meetings of this corpora
ton shall be held on the first Tues
day in June of each year until said
date or time of meeting shall be
changed by the bylaws. The fol-
lowing named officers are to con-
duct the business of the corporation
until those elected at the first annual
election shall be qualified, to-wit:
Louis R. Chazal, president; Louis H.
Chazal and Charles P. Chazal, vice
presidents, John P. Chazal, secretary
and treasurer; Louis R. Chazal, Louis
H. Chazal, Charles P. Chazal and
John P. Chazal, directors.
ARTICLE vi.
The highest amount of indebted
ness or liability to which this cor
poration can at any time subject it.
self is Twenty Thousand Dollars.
ARTICLE VII.
The names and residences of the
subscribing incorporators, and the
amount of stock subscribed for by
each, are as follows:
Names Shares Amt.
Louis r. Chazal, Ocala, Fla. II $1700
Louis H. Chazal, Ocala, Fla. 500
Chas. p Chazal, Ocala, Fla 1 s1o0
John p Chazal, Ocala, Fla. 1 $1on
In witness whereof, we have here
unto set our hands this 9Th, day of
October, A. D., 1914.
LOUIS r. CHAZAL
LOUIS H. CHAZAL
JOHN P. CHAZAL.
State of Florida, Marion County.
Before me personally appeared
Louis r. Chazal, Louis H. Chazal, and
John P. 'Chazal, each of whom IL 90
me we'll known, and known to be the
individuals described In and who sign
ed the foregoing notice and proposed
charter, and severally acknowledged
before me that they, and each of
them, signed and executed the said
notice of application and the fore
going proposed charter for the uses
and purposes therein set forth and
expressed.
In witness whereof / have here
unto set my hand and affixed my Of
fetal seal at Ocala, Florida, this 9th
day of October, A. D., 1914.
T. d. LANCASTER, Jr.
(SEAL.) Notary Public.
My commission expires November
10, 1917. 19-l6-5t.