The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1919-08-01

lestablish such other places OF bust
ness. either within or without the
State of Florida as may be deemed
necessary or expedient for the cor
Iporate interests.
/ ARTICLE III. The nature or the
business or businesses to be trans
acted by this corporation are as Iol-
lows:
The manufacture and sale of cleo
tricity and ice; the operation Of
modern cold storage warehouses and
sale of its products the operation
of d modern feed mill, and sale OF
Its products, as we'll as other mer-
lchandise; the operation OF modern
creamery, aud the sale OF its prod
Iucts;. the operation Of bank as a
branch of some other bank: aud the
jsale and installation of dynamos anu
lother electrical appliances wiring,
etc. Also inc sale of wafer for DO
Imestid and other purposes; also the
loperation of a telephone excd1nge.
ARTICLE III. The capita stock OF
said corporation shall be twenty
Irhoua3ha d)uara. divided to i've
hundred shares of the par valre Of
fifty d0ffars each All Of any part OF
sUCh capital stock may be paid for
in cash, or. in property, labor or ser
wees, at, just valuation to be fixed
! by the directors at a meeting 10 be
called for such purpose. Property,
labor or services may also be pur-
chased and paid for with capital
stock at a just valuation Of such
property, labor or services. to be
fixed by the directors of the corpora
ton at a. meeting called for that
purpose.
ARTICLE ". The term for which
| this cOrpotatiOn shall exist shall be
ninety nine years.
! ARTICLE " THE business o. this
corporation shall be conducted by a
president, d vice president, a secre-
/ tary and treasurer, and a board of
directors, to be elected annually;
! the directors shall be elected by the
| stockholders at their annual stock
holders meeting; and the other Off
t GERS shall be elected by the directors
at their first meeting after each an
lnual stockholders meeting. Such
| board of directors shall consist of
not less than three nor more than
seven persons. The Office of secre-
tary and treasurer of said corpora
| ton may be held by one and the
same person, The annual meeting of
this corporation shall be held on the
second Tuesday in January each and
every "eaT. and shall be held in the
! City Hall in the City of BeIleview,
Marion County Florida, or at such
place as the board of directors may
select. Tie following officers shall
conduct the business or businesses
OF this corporation until those elected
at the first election shall be quail
fed: =
| F. E. Martin, President.
John L. Carney. Vice President.
EdW. 5. Frendh. Secretary and
Treasurer; and M NJ Proctor. Louis
Weihe. F. E Martin c. w. Quick
John L. Carney. Edw. s French.
John T. Lewis, Board Of Directors.
ARTICLE VI. The Highest amount
| OF Indebtedness to which this cor
poration can at any time subject it
self shall be fifteen thousand dollars
ARTICLE VII. No subscriber to
the capital stock of this corporation
sha4 own more than forty shares
thereof; twenty-five per cent of the
par value of the stock subscribed
shaA be paid in cash upon applica-
| ton, and said remainder or balance
| or said subscribed stock shall be paid
! IN such manner and at such time or
times as the directors require Sin
| gle share shall be paid for in full in
cash OF the time of application.
Properties consisting of utilities in
the City of Belleview may be ex-
changed for capital stock in this cor
poration. The names, places Of resi-
! dence of the subscribers, and the
amount subscribed for BY each. are
as follows:
Name Residence No Of Sharaa
Frank Martin. McHenry, I'll. 24
j. L. Carney. Lake Weir. Fla. :
| q. 8. French. Belleview, Fla. 90
| B. N. Tanner, BeIIeview, Fla "a
Delbert Haskell, Belleview, Fla. 2
STATE OF FLORIDA,
Marion County
[ hereby certify that before me
personally came Frank Martin. J. L.
Carney E. S. French, B. N
Tanner aud Delbert Haskell. to
me known to be the persons
who subscribed their names TO the
foregoing proposed charter, and that
each of them acknowledged to me
/ hO ONACNUbCU octIQ lLoII IOG
the purposes therein expressed. aud
that he subscribed for the amount of
capital stock set opposite his name.
l further certify that my commission
expires on the 9th day of October.
A. D. 1920
WITNESS my hand and official
seal at Belleview. Florida. this July
18th, A. D. 1919
(SeaD l. LEGRAND HOPKINS,
7718-5t. Notary Public,