The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1920-01-30
PROPOSED CHARTER OF
THE ESTATE OF r. S. HALL IN
cORPoRATED

The undersigned being the persons
| interested in the estate of r. S. Hall,
deceased, desiring to incorporate the
said estate, and to procure charter
Incorporating the undersigned under
the general laws of the state of Flor
ida, hereby make and publish the fol-
! lowing charter:
The name of the corporation shall
be THE ESTATE OF r. S. HALL IN.
CORPORATED, and its principal
place of business shall be at Ocala,
FLORIDA.
The general nature of the business
to be transacted by the corporation
lshall be: to operate naval stores bus
mess, and deal in naval stores pro-
ducts; to operate hotels; to deal in
real estate, and act as factor or bro
Tker; to lease, purchase, hold and con-
vey any and all real property neces-
sary for and convenient in the trans
faction of it's business, or which the
purposes of the corporation may re-
quire. or which it shall acquire in sat
lisfaction or partial satisfaction Of
Judgments or mortgages, or in settle
kment or partial settlement OF debts
Pdue the corporation by any of its
debtors; to receive deposits of trust
moneys. securities or other personal
Property from any person or corpora
ton, and to loan money on real estate
or personal securities; to purchase, in
lvest in and sell stocks, prOmissOry
f, d. 4
mortgages and other securities; and
EWhen moneys or securities for moneys
fare borrowed or received on deposit,
for for investment, the bonds or obi
cations of the company may be given
therefor; to carry on the business OF
a safe deposit company, examine and
guarantee titles to land; the company
Lmay own stock in other corporations,
Eand may engage in the business of
Egeneral merchant, deal in automO-
sbiles, operate garages, and deal gen.
Perally in automobile supplies and ac-
Icessories, and may carry on and per-
fform such other business az is incl
Edent to the purposes of this charter
and not inconsistent with the laws of
Florida.
The amount of capital stock author
iiZed is Two Hundred Twenty-Five
Thousand Dollars ($225,000), which
shall be divided into twenty-five hun
dred and fifty shares of the par value
Iof one hundred dollars each, and will
be paid into the corporation by con-
veyance of property of equal value TO
! the amount issued, and in services
performed and to be performed: the
stock when issued shall be fully paid
and worcestershire.
! w
The corporation shall exist for a
term of fifty years.
| v
| The business OF the company shall
be conducted by a President, Vice
President and Secretary and Treas
urer, and a board of not less than
| three or more than seven directors;
the following persons shall serve as
officers and directors until those elect
led at the first meeting shall be quail
lifted, to-wit: Mamie Hall, President;
r. s. Hall, Jr, Vice President; and
| w. NJ. Palmer, Secretary and Treas
.urer; and Mamie Hall, r. S. Hall, Jr-
land w. NJ Palmer, Directors: these
rpSISOuS Shall nOiu CuICS uulll the du-
ma ELECTION which election will be
held on the first Tuesday of January
| in each year.
The highest amount OF Indebtedness
to which the corporation can at any
| time subject itself is Four Hundred
and Fifty Thousand Dollars.
VII
The names and residences of the
Subscribers, and the amount subscrib-
ed by each are as follows:
| Mamie Hall, Ocala, Florida, 1900
shares.
R. S. Hall, Jr., Ocala, Florida, $50
lshares.
+ w. NJ. Palmer, Oeala, Florida, 100
| shares.
Witness the hands and seals Of the
incorporators this the End day of De-
cember, 1919.
| MAMIE HALL. (SeaD
r. S. HALL, JR. (SeaD
| NJ DAT MID