The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1914-11-27
Proposed Charter,

4 FTOpOSC0 OUdTtCFs
The undersigned subscribers hereby
associate themselves together for the
purpose of becoming Incorporated and
| forming a corporation under and by
virtue of the laws of the state of Flor
idt, with and under the following pro-
posed charter.
ARTICLE
The name of this corporation shall
be Southern Peanut Product Com
pany, and it's principal place of bust
ness shall be at Reddick. in the county
of Marion and state OF Florida. with
the right to establish branch offices
at any other place within the state OF
Florida as it may frcm time TO time
desire.
ARTICLE ii
/ The general nature OF the business
/ to be conducted and transacted by
this corporation sail be to buy, sell.
own, lease, rent. mortage. convey and
otherwise acquire and deal in real
estate; to do a general manufacteur-
ing business OF all products made In
| whole or part from peanuts or the
! vine of peanuts, to buy, sell. manufac-
j ture and deal in peanut butter and all
bi-products, or kindred products, TO
plant. grow. buy. sell and deal in pea
nuts, peanut hay and all feed stuffs.
either wholesale or retail. TO do a
! general canning business by canning,
bottling, picking. buying. selling, and
dealing in all products of the farm
which may be canned. bottled. jellied.
preserved or picked, either by whole
sale or retail.
ARTICLE III
1SI.
shall be ten thousand dollars (s10.000l
divided into one hundred shares of
the par value OF one hundred dollars
each. which shall be paid for either
in whole or part by cash. or in prop
erty, labor or services at a Just valu-
alton to be fixed by the directors OF
the corporation at a meeting called
for that purpose.
ARTICLE Nv
The term for which this corporation
shall exist shall be ninety-nine t99l |
years from the date letters patent
issue, unless sooner dissolved accord |
ing to law.
ARTICLEv
The officers of the corporation shall I
be a president. a vice-president, a |
secretary and treasurer and a board /
Of directors of not less than five nor /
more than nine. the other officers /
may also be members OF the board of /
directors; more than one Office may /
be held by one and the same person.
The board of directors shall be elect. i
ed ~ the annual meeting OF the stock. i
holders to be held in the town OF Il
Reddick at the principal place Of bus
mess of the corporation on the third !
Tuesday in October at 10 O'Clock a.
m, unless otherwise provided By the /
bylaws, beginning In the year 1915: i
all other officers shall be elected an.
nually by the board OF directors al
such time as may be provided for BY i
the bylaws. The president shall be
ex-officio chairman Of the board Of
directors, and unless otherwise pro-
vided by the bylaws shall act as
chairman of the stockholders meeting
II present. Until the officers elected
at the first annual meeting of the
stockholders shall be qualified.
the business shall be conduct
ed by the following officers
President, S. l.. Fridy: vice-Presi.
dent. S. c. Mayo; Secretary and
Treasurer. L. c. McClaran: Directors,
S. L. Fridy. $. &. Mayo. c. NJ. earn. j.
B. DeVore. ]. c. Dupree. G. +. smith
and b. $. Dansby.
ARTICLE vi
The highest amount 81 indebted
ness to which this corporation can az
any time subject itself. shall be the
sum of ten thousand dollars.
ARTICLE VII
The names and addresses OF the
incorporatOrs OF this corporation to
gether with the amount OF stock sub.
scribed by each of them. are as fol.
lows. to-wit:
Name Address Shares
s. L. Fridy. Reddick. Fla. ST.
s. C. Mayo. Reddick. Fla
l.. c. McClaran. Reddick. Fla. 5 Il
b. $. Dansby. Reddick. Fla. III
S. +. Rou. Lowell, Fla. I
H. A. McClaran. Reddick. FLA. 4
w. II. SherOuse. Reddick. Fla. I
]. c. DuPree. Reddick, Fla.
G.. +. Smith. Reddick. Fla.
DeVore e. Young. Reddick. Fla. 3
L. s. Light. Reddick. Fla.
J. w. Huffman. Spar. Fla. Ia
c. NJ. earn. Reddick. Fla. Ia
VIM. NJ. GOber. Ocala, Fla I y
In witness whereof the said lncor- Z
porators have hereuntO set their !