The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1917-06-22

n. 3. CLAFGhSON-
F. E. WETHERBEE.
R. X. ROBINSON
G. K. ROBINSON.
R. E. VAN NESS
Proposed Charter OF Garrison Hard,
ware Company
The undersigned persons. DESTROYS OF
| forming cor yorati0n. 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 or 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
its 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 cOnyen-
lent.
ARTICLE II.
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
Elements, 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 CT 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
this corporation shall be Ten Thou
sand (Sl0,000.00 Dollars. to be divid-
ed into One Hundred Shares at the
par value of One Hundred (S100.00l
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 ".
The term for when this corpora
ton shall exist shall be for 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 a president, a
Y-inO nrncidnn+ nnd n
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
be 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. X. Robinson, Vice President
F. E. Wetherbee. Secretary and
Trea surer
ARTICLE VI
The highest amount of indebtedness
or liability to which this company
may at any time subject itself shall
be Fifty Thousand $3.50, 100000 Dol
lars
ARTICLE VII.
The names and residences of the
subscribers. and the amount of stock
subscribed for by each. are as fol-
lows;
H. B. Clarkson. thirty-fve shares,
Ocala. Florida.
Ralph Robinson. five shares, Oeala.
Florida.
R. f. yanNess, FIVE shares. Herman
do. Florida.
G. X. Robinson. three shares. Ocala,
Florida.
Witness the hands and seals of the
incorporators this the 9Th day Of May,
1917.