The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1914-01-15
PROPOSED CHARTER

We, the undersigned, hereby assoc
pose of becoming Incorporated under
the laws of the state of Florida, under
the following proposed tp3G1 &c charter:
The name of this corporation shall
be THE Doctor McClane institute" and
its principal place of business shall be
in the city of OcaIa, Marion county,
Florida, but branch offices may be es-,
tablished and its business conducted in
other places in the state of Florida or
elsewhere.
The general nature of the business
to be transacted shall be to establish
Institutes for the care and treatment
Of any person desiring same; to manu-
facture and sell all kinds of medicine
and all other articles of merchandise;
to buy and sell real estate and per-
sona1 property and to buy and sell
stocks and bonds and negotiable in
struments and all other kinds of per-
sonal property; to acquire, lease rent
or dispose of buildings for the proper
conduct of any business in which this
corporation shall be authorized to en-
gage: and to acquire and in any man
ner dispose of. mortgage or pledge all
kinds of property. real and personal
to carry on the business Of this cor
cure the same by bonds, notes, mort
cages and such other obligations as
may be permitted by law: to have and
enjoy all the rights, powers, privileges
under the laws of the state of Florida
ARTICLE III.
The amount of the capital stock of
this corporation shall be $25 900. divid-
ed into two thousand FIVE hundred
shares of the par value of $40 for each
share. The same shall be paid for in
or services at just valuation thereof
to be fixed by the board of directors
of this corporation:
ARTICLE ".
This corporation shall axiSt for a
period of ninety-nine years.
ARTICLE "
shall be bR the
secretary, treasurer, a medical director
and a board of directors of not less
than three nor more than five in num-
Der. Any two of the above Offices may
be held by one person. The said off,
GERS shall be elected by the board of
directors and by an annual meeting by
the board of directors The board of
directors shall be elected by the stock
holders at their annual meeting The
annual meeting of the stockh olders
February of each year beginning with
the year 1914. and the date of sa id an
nual meeting may be changed by the
bylaws of this corporation. The direc-
tors shall meet annually on the same
day as the stockholders and as soon
thereafter as practicable and the date
OF the annual meeting of the directors
shall be changed with the change of
the date of said stockholders meeting
and IN the 50 me manner. The follow
ing persons shall conduct the business
OF this corporation until the time as
the officers thereof are elected and
qualified: F. f. McClane, president and
medical director: J. C. Massey. secre-
tary, and G. b. Parramore. treasurer
The board Of directors shall be F r
McClane. ]. c. Massey and G. B. Par
ramore-
ARTICLE VI.
The highest amount of Indebtedness
to which this corporation shall at any
time subject itself shall he $4,000
ARTICLE VII
me names and residences Of the
subscribers are as follows together
with the amount OF stock subscribers
have by each:
2. z, McClane, $500 shares. ocaIa.
Florida
J. G. Massey. $500 shares. OcaIa.
Florida
G. =. Paramore. 1890 shares, Ocala,
Florida.
F. E McCBANE.
G. Massey
G. B. PARRAMORE