The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1914-11-06

and all descriptions:
(c) To buy and sell real and per-
sonal property; to act as agents for
others in the purchase and sale OF
all property, real, personal or mixed,
on commission basis, or otherwise;
to buy, own and sell stocks and
bonds, and other securities in other
and permitted by law, and to do gen.
orally all such matters and things
as are usually incident to the busi-
ness of real estate agencies, AID such
as are usually incident to a general
brokerage business:
(d) 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 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 ".
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 AM treas
urer, and 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 board 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
lay 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
Louis r. Chazal, president; Louis n.
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 $1,000
Louis H. Chazal, Ocala, Fla. l 500
Chas. P. Chazal, Ocala, Fla l 800
John P. Chazal, Ocala, Fla. l s'""
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 Fl. Chazal. and
John P. ChaZal, each of whom is TO
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 I 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-lo-5t.