The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1919-12-08

either within the state of Florida or
! elsewhere, as the board of directors
may decide
ARTICLE II.
Business or businesses
| The general nature of the business
! OF businesses to be transacted by this
! cooperation ale:
ia). To conduct general auto
! mobile sales business; to buy. own and
| sell all kinds of automobiles, trucks,
! tractors, aTplanes and other motor
driven vehicles Of every kind and
nature whatsoever; to buy, own and
! sell all kinds of accessories, tires and
parts for automobiles, trucks, trac-
tors, airplanes and other motor driven
vehicles;
(b.) To conduct a general auto
MOBILE and motor driven vehicle re-
! pair garage and to maintain a ware
house for storing cars anG motor
| driven vehicles;
&C., To construct, own ana control
any and al kinds of buildings, garages
! repairing and otherwise conducting
the businesses of this corporation;
(d.) To deal In gasoline, oils and
maintain general service Station;
(e). To buy. own and sell patents
ana copyrights;
If. To borrow money and to issue
bonds, notes or other obligations and
to secure the same by mortgages,
deeds, pledges or other '~st,''H""te
anC to lend money. taxing as security
therefor mortgages, deeds, pledges or
other instruments;
(g.) To make and enter into con-
tracts of any and every kind Whatso.
ever for the furtherance OF the bust
ness or businesses to be undertaken
by this corporation;
(h.) To buy, own, lease and sell
all kinds of real and personal prop
crty;
G) Generally to exercise all such
powers as may be necessary or con-
venient to the purposes of the bust
ness or businesses of this corporation,
and to have, exercise and enjoy all
tie rights and powers and privileges
| incident to corporations organized,
chartered and existing under and by
virtue of the laws of the state of
Florida.
ARTICLE III.
Capital Stock
The amount of the capital stock of
this corporation shall be Fifty Thou
| sand ($50,000) Dollars, to be divided
into Five Hundred 5000 Shares of
the par value of One Hundred ($100)
Dollars each, all or any portion OF
which may be issued for or payable in
money, or in labor, services, real or
personal property, at fair valuation
thereof to be fixed by the board of
directors.
ARTICLE Nv.
The term for which this corpora
ton is to exist is ninety-nine 1897
years.
ARTICLE V.
Officers
The business of this corporation is |
to be conducted by the following Of |
1cers: President, vice-president, Sec
rotary and treasurer, any two of |
which except the Offices of president |
arc vice-president may be held by the |
same person, such officers to be elect |
ed by the board of directors; and by a |
board of directors to be elected by the |
STOCKHOLDERS consisting of not less
than three nor more than seven mem |
bers; the board of directors may ap-
point such subordinate officers having
such duties, powers and terms of Of
hcc as 1t may deem best and to the !
interest OF this corporation. The first |
meeting OF the stockholders of this |
corporation shall be held at Ocala,
Florida, on the 23rd day of Deem
Der, A. D. 1919 for the purpose of ac-
ceptlng the charter, adopting bylaws,
electlng officers and such other bust |
ness as may be necessary for COM
pietlng the organization of this cor
poration. The following officers shall |
conduct the business of this CORPORA
ton until those elected at the first |
meeting of the stockholders and direc-
tors shall qualify: President, r. R. |
Carroll; vice president, A. A. Griffin; !
secretary and treasurer, H. C. Bilbro: |
and board of directors consisting of |
r. X. Carroll, A. A Griffin, II. C.. Bill |
bro, II. E. Chalker and L. w. Duval. |
The annual meeting of this CORPORA
ton shall be held on the fourth Tues
day IN December of each year.
ARTICLE vi.
Indebtedness
The highest amount of Indebtedness
10 winch this corporation may at any
tune subject itself is Fifty Thousand
(S50,00O) Dollars.
ARTICLE VII.
Subscribers
The names and residences of the
subscribers, together with the amount
Of capital stock subscribed for by
each, are as follows:
Name Residence Shares
K K. Carroll. -. Ocala, Fla. ..5Ol
a. A. Griffin. -. .Ocala, Fla. ..... 5
II. Z. BIlbro. .... .Ocala. Fla. .... 5
H. T.. Chalker. Ocala, Fla. ..... 5
l., w. Duval. -. Ocala. Fla. 1900. I'll
State of Florida,