The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1920-04-02

pose. Property, labor or services may
also be purchased and paid for with
capital stock at a just valuation. OF
such property, labor or services. 10 be
|nxed by the directors of the company
at a meeting called for such purpose.
ARTICLE Nv.
This corporation shall have perpet-
ual existence.
ARTICLE v.
The business of this corporation
shall be conducted by a board OF SIX
directors. The board of directors shall
select from themselves president,
pice president, secretary and treasur-
er. One person may hold the Office
of secretary and treasurer. Said
hoard of directors shall have authority
lto appoint all necessary agents OF this
corporation. The first meeting of the
Icornoration shall be held on the 18th
day of April, 1920, at ten o'clock, A.
M. at the office of William Jennings,
| in the Holder building, South Main
street. in the city of Ocala, Florida,
for the purpose of completing the OF.
panization of the corporation ana
adopting bylaws and transacting ali
the business which may come before
the meeting The annual meeting or
the stockholders of this corporation
shall be held on the second Monday
| in April of each and every year, az
which the board Of directors snail DE
duly elected by the stockholders. Inc
bylaws for the government or TINS
corporation shall be adopted az the
first annual meeting OF the stocknoio-
ers. or as soon thereafter as pIactica-
BILE. Until board of directors snaii
have been first duly chosen py the
stockholders, the business OF the salu
corporation shall be conducted oy the
following named Officers:
William Jennings, president.
THOMAS Sexton. Vice President.
Timothy F. Fay, Secretary ana
Treasurer, 60.
i and William Jennings. Thomas Se1tons
William ]. Farmer, Emanuel II. Mar
tin and Timothy F. Fay shall consti-
Itute a board of directors.
Temporary bylaws may be adopted
nv said officers until the first annuat
meeting of the stockholders
ARTICLE vi.
The highest amount of indebtedness
or liability to which this corporation
can, at any time, subject itself Is two
hundred and fifty thousand dollars.
ARTICLE VII
The names and residences OF the
Subscribers to these articles OF incor-
poration, together with the amount OF
capital subscribed by each is as foa-
lowsf
William Jennings, London.
England =. -. -. ......I shares
Thomas Sexton, Ocala,
/,
Emanuel HI Martin, Ocala,
Florida. 49,. 80. .....2 shares
William j. Farmer, Savannah.
Georgia .......Z shares
Timothy F. Fay, New York,
New York. $3.50. =. - shares
ARTICLE VIII.
The seal of this corporation shall be
circular impression stamp bearing
lin the center the words SEAL 1920"
and around the circumference the
words "LONCALA cOMMISSARY
| COMPANY
In witness whereof, we have here
nto set our halds this the 25th day
OF February, A. D.. 1920.
WILLIAM JENNINGS.
WILLIAM ]. FARMER.
EMANUEL II. MARTIN
THOMAS SEXTON.
TIMOTHY F. FAY.
State of Georgia,
County OF Chatham-ss:
], Geo. W. Drummond, notary pub
lie for the state of Georgia. do hereby
certify that William j. Farmer, who Is
to me well known, this day appeared
before me and acknowledged that he
signed the foregoing articles of incor-
poration and the accompanying notice
for the uses and purposes therein
stated
In witness whereof, ] have hereuntO
set my hand and seal of Office this
10th day of February, A. d.. 1920.
tSeal) GEO. w. DRUMMOND.
Notary Public, Chatham County, Ca
State Of Florida,
County of Marion-ss:
!, Mabel Johnson, notary public
for the state of Florida at large. do
hereby certify that William Jennings,
Thomas Sexton, Emanuel II. Martin
and Timothy F. Fay. who are 10 me
well known, this day appeared before
me, and each for himself acknowledge
ed That he signed the foregoing arti-
cles for incorporation and the accom-
panying notice for the uses and pur-
poses therein stated.
In witness whereof, have hereun-
TO set my hand and seal of Office this
5th day Of February, A d.. 1920.
tSeal) MABEL JOHNSON.
Dot Notary Seal
NOTICE
Notice Of AnnIica4fov, e. IT,. ~