The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1915-01-06
PROPOSED CHARTER OF THE Sill
WEIR SPRINGS TRANSFORMS


We. the undersi gmed, hereby asso-
ciate ourselves together for the pur-
pose. OF becoming Incorporated under
the laws of the state of Florida appli-
cable to corporations for profit.
ARTICLE T.
The name or this corporation shals
be the SILVER SPRINGS TRANSPOR-
TATION COMPANY, and its principal
Springs, Marion county, Florida, and
such other places either within or
without the state of Florida as the
board of directors may from time to
time designate and appoint, and to
have and maintain other offices of said
company at other places both within
ARTICLE II
The general nature of the business
to be transacted by the company shall
be the operation of boats for the car
riage of passengers and freights for
hire on the OcklaWalha and St. Johns
rivers and their tributaries, and at
such other points as the company may
from time to time Designate
The company shall also have the
right to own boats, water craft, steam
boats and other means of navigation,
and shall also have the right to OPP
crate trucks and all other kinds of
tran portation other than railroads
whether upon land or on water, and to
carry ON such other business as IS in
cident to the purposes of this charter
and not inconsistent with the laws of
the state of Florida.
ARTICLE III
The amount of the capital stock of
this corporation shall be TWENTY
FIVE THOUSAND DOLLARS (S25. 000),
which shall be divided into TWO HUN
DRIED AND FIFTY shares of the par
value of ONE HUNDRED ~($100) DOL
LARS each, which said shares of stock
shall be paid for in lawful money of
the United States or by the conveyance
of amy property, labor or services, at
such just valuation theraof as may be
fixed by the board of directors at any
meeting called for such purpose
ARTICLE ".
The term for which this corporate
shall exist shall be NINETY mine (99)
years.
The business OF this corporation
shall be conducted by a president, vice
president, secretary. treasurer and a
three members nor more than five
members, but the offices of secretary
and treasurer may be held by one and
the same person, all of which said Of
ficers shall be elected at the annual
meeting of the stockholders to be held
ON the second Tuesday in january of
each year. The following named Of
f1cers shall conduct the business of the
corporation until those elected at the
first annual meeting shall be duly
President, G. A. Carmichael
Vice president, C. Carmichael
Secretary and treasurer, w. L Car
Beard of directors, G. A. Carmichael,
G. Carmichael and d. w; I Carmichael.
l..
The highest amount OF indebtedness
TO which this corporation shall at amy
time subject itself shall be TWO
HUNDRED AND. FIFTY THOUSAND
($250,006) DOLLARS.
ARTICLE VII.
The names and places of residence
of the subscribers, together with the
amount of capital stock subscribed by
each, is:
6. a. Carmichael. ocala. Florida, Us
shares.
v. L. Carmichael, ooa,la, Florida, IS
shares.
G. Carmichael, ocala, Florida. 100
WITNESS the hands and seals of the
uary, A. d. 1915.
G. s; CARMICHAEL oseaD.
c. CARMICHAEL. 6SeaD
w. L. CARMICHAEL. Qseal).
STATE OF FLORIDA,
COUNTY OF MARION.
Personally appeared before me, the
undersigned authority, G. A CaYni-
chae1 w. L. Carmichael and c. Car
michael to me we'll known ITO be the
persons described in and who execut-
ed the foregoing articles of incorpora-
fdon of the SILVER SPRINGS TRANS
PORTATION COMPANY and who ac-
know1edged before me, that they sign
ed, sealed and delivered the same for
the uses and purposes therein set forth
and expressed.
WITNESS my hand and official seal.
this the 4th day of January, A. D. 1915.
fSeal) E l. STAPP
Notary Public for the State of Florida
at Large.
My commission expires on the eth
day of January, A. d. 1915. 1-6-wed