The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1917-04-20
A. p. STUCKEY.
r. S. HALL,
W. NJ. PALMER


PROPOSED CHARTER or THE
OCALA TURPENTINE COMPANY
The undersigned persons being de-
sirOus Of farming corporation, here
by file in the office of the secretary of
state. of the state of Florida. this
their proposed charter in writing
which same is properly acknowledged
in accordance with the laws therefor
made and provided
ARTICLE
The name and style of the corpora
ton proposed shall be OCALA TUR-
PENTINE COMPANY, that it's prin.
cipal place of business shall be in the
city of Ocala, Florida, and it's bust
ness stall be conducted in such other
cities and towns of the state of Flor
ida, and in such other states of the
United States Of America as may be
necessary or convenient
ARTICLE II
The general nature of the business
OF the company shall be to buy and
sell lands and timber. and deal gen
orally in real estate; buy and sell ros-
in, crude gum. spirits of tuTpentine.
and deal generally in naval stores;
operate stills, and in general carry on
naval stores business.
ARTICLE III
The amount of the capital stock OF
this corporation shall be twenty-five
thousand CS25, 0o0.0O Dollars, to be
divided into Two Hundred and Fifty
(25Gl shares at the par value OF One
Hundred t$100.00) Dollars each, paya-
BILE in cash or in property, labor or
service. at a Just valuation thereof, to
be fixed by the incOrpOratOrs, or by
the directors of the company, at
meeting or meetings called for such
purpose; stock may be paid for in
such amounts and on such terms and
conditions and in such installments
as may be provided from time to time
by the board of directors.
ARTICLE "
The term for which this corporation
shall exist shall be for a period of
niNety-nine (99) years from date of
the issuance of letters patent.
ARTICLE V
The business of said corporation
shall be conducted by president,
vice president a secretary, treasur-
er and a board of directors, consisting
of not less than three nor more than
seven stockholders These officers
shall be elected at the annual meeting
of the corporation to be held on the
second Tuesday of January of each
year Until the first officers are elect
ed and qualified, the following officers
shall act
A. p. Stuckey. President.
r. s. Hall. Vice President,
w. NJ. Palmer, Secretary and Treas
urer.
ARTICLE VI
The highest amount of Indebtedness
or liability to which this company
NAV at any time subject itself snail
he One Hundred Thousand (Sl0o.000)
Dollars.
ARTICLE VII
The names and residences of the
subscribers. and the amount OF stock
subscribed for by each are as follows:
A.P. Stuckey. twelve shares. Ocala'
Florida.
R. s. Hall. twelve shares Ocala,
Florida.
". NJ. Palmer. one share, Ocala,
Florida
tSedl.l II. -.
(Seal.l w NJ. PAl-MEN.
State of Florida,
County of Marion s..
Personally appeared before me. the
undersigned authority. A. P. Stuckey'
r. S. Hall and w. NJ. Palmer. person
allv known to me, and known by me to
be the persons who signed the tore,
going articles of incorporation ana
they severally acknowledged before
me that they signed the same for the
purposes therein contained.
In witness whereof l have hereun'
to set my hand and affixed my ofil-
cial seal this the 18th day Of March,
A. D., 1917 >.
(Seal) H. VI. htAhf 49,