The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1917-06-01
Proposed Charter of clarkson Hard
ware Company

Proposed Charter of ciarkson Hard
ware Company
The undersigned persons, DESTROYS of
forming corporation, hereby file in
the office of the secretary of state, of
the state of Florida, this, their pro-
posed charter in writing, which is
properly acknowledged in accordance
with the laws Heretofore made and
provided
ARTICLE l.
The name and style of the corpor-
alton proposed shall be the CLARK
son HARDWARE COMPANY: that
its principal place of business shall
be in the city of Ocala, Florida. and
it's business shall be conducted in
such other cities and towns of the
state of Florida. and in such other
states of the United States Of Amer
lea as may be necessary or conven-
lent.
ARTICLE H.
The general nature of the business
to be transacted by the company
shall be a general hardware business.
and the selling at wholesale and re-
tail all kinds of hardware, farming i'm
plements, tools, fencing. gasoline en-
gines and mill supplies.
The company shall have the right
to act as a broker in the purchasing
and selling of all kinds of hardware,
machinery, farming implements and
tools. The company may also deal
in all kinds of explosives and fire
arms.
ARTICLE III.
The amount of the capital stock of
III -Io1 Z.
sand (S10,000.00) Dollars, to be diyid-
ed into One Hundred Shares at the
| par value of One Hundred ($100.00)
Dollars each, payable in cash or in
property, labor or services at a just
valuation thereof, to be fixed by the
| incorporators or by the directors of
the company. at a meeting or meet
| ings 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 di-
rectOrs.
ARTICLE w.
The term for which this corpora
ton 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, secretary and
| treasurer, and a board of directors,
consisting of not more than seven nor
less than three stockholders. The di-
rectors shall be elected by the stock
| holders at each annual meeting. All
other officers of the corporation shall
| De elected by the directors, and any
| two offices may be held by the same
| person. The annual meeting of this
corporation shall be held on the first
Tuesday of June of each and every
year, beginning with the year 1917,
| unless otherwise arranged under the
| bylaws. Until the first officers are
elected and qualified, the following
officers shall act:
H. B. Clarkson. President.
r. K. Robinson, Vice President.
F. E. Wetherbee, Secretary and
Treasurer.
ARTICLE VI
The highest amount of Indebtedness
or liability to which this company
may at any time subject itself shall
be Fifty Thousand ($50,000.00) Dol
lars.
ARTICLE VII
The names and residences of the
subscribers, and the amount of stock
subscribed for by each. are as fol-
lows:
HI. B. Clarkson. thirty-five shares,
Ocala. Florida
Ralph Robinson, five shares, Ocala.
Florida.
r. E. VanNess, five shares, Herman
do, Florida.
G. K. Robinson, three shares, Ocala,
Florida.
Witness the hands and seals of the
incorporators this the 5th day of May,
1917.
II. 3. GARRISON (SeaD