The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1920-03-26

pose. Property, labor or services may
also be purchased and paid for with
capital stock at just valuation OF
such property. labor or services. 20 be
nxed by the directors OF the company
at a meeting called for such purpose.
ARTICLE w.
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 a president. q
pice president. secretary and treasur.
err One person may hold the office
of secretary and treasurer. Said
board of directors shall have authority
to appoint all necessary agents Of this
corporation. The first meeting OF the
corporation shall be held on the i2th
day of April, 1920. at ten o'clock. a.
NJ, 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 og.
ganization of the corporation and
adopting bylaws and transacting all
the business which may come before
the meeting. The annual meeting of
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 shall Be
duly elected by the stockholders. The
bylaws for the government OF this
corporation shall be adopted az the
first annual meeting OF the stockhold.
ers, or as soon thereafter as practice.
BILE. Until a board of directors shall
have been first duly chosen BY the
stockholders. the business OF the slit
corporation shall be conducted by the
following named officers:
William Jennings, President.
Thomas Sexton. Vice President.
Timothy F. Fay, Secretary ana
hTreasurer.
and William Jennings. Thomas sexton.
William ]. Farmer. Emanuel n. Mar.
tin and Timothy F. Fay shall constl-
i ute board of directors.
Temporary bylaws may be adopted
by said officers until the first annual
meeting of the stockholders.
ARTICLE NJ.
The highest amount OF Indebtedness
lor liability to which this corporation
hundred and fifty thousand dollars.
ARTICLE VII
The names and residences Of the
subscribers to these articles Of incor-
poration, together with the amount og
capital subscribed by each is as foi.
lows<
William Jennings. London.
England. j.. ......f shares
Tboroae Caxtan 0cala
Florida. -. -. .......2 shares
Emanuel II Martin. Ocala.
Florida. ..... .....z shares
William J. Farmer, Savannah,
Georgia. -. ..s..1 SHARES
Timothy F. Fay, New FORK.
New York. 49,. -. 80. - shares
ARTICLE VIII.
The seal of this corporation shall b.
la circular impression stamp bearing
in the center the words SEAL iis0'
and around the circumference We
words ''LONCALA COMMISsARf'
COMPANY"
In witness whereof. we have here.
ulto set our haads this the 25th DAY
os February. A. d.. 1920.
WILLIAM JENNINGS.
WILLIAM ]. FARMER.
EMANUEL II. MARTIN.
THOMAS SEXTON.
TIMOTHY r. FAY.
State of Georgia,
County OF Chatham-Ss:
/, Geo. w. Dlummond, a notary pub.
lie for the state of Georgia. do hereby
certify that William J. Farmer. who -
to me well known. this day appeared
before me and acknowledged that he
signed the foregoing articles Of incuf
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
Goth day of February. A. d.. 1890
fSeal.l GEO. w. DRUMMOND.
Notary Public Chatham County. Ca.
State of Florida.
County of Marion-ss:
l, Mabel Johnson. a notary public
for the. state of Florida az large. d.
hereby certify that William Jennings.
Thomas Sexton, Emanuel H. Martha
and Timothy F.. Fay. who are 60 me
well known, this day appeared before
me, and each for himself acSuowlede-
ed that he signed the foregoing arts.
cles for Incorporation and the accom-
lpanying notice for the uses and pur.
poses therein stated
In witness whereof. ! have hereun.
to set my hand and seal OF Office thia
9Th day of February. A D., 1890.
lSeal.D MABEL JOHNSON.
-5-5t Notary Seal
NOTICE