The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1920-08-20

The name Of this corporation shall
be hOGERS-WILSoN REALTY COM
PANI. It's principal place of business
shall be al 0cala, Marion County,
FLORIDA, but IL may establish such 9th.
or place or places OF business, either
within or without the State Of Florida
as II may deem proper.
ARTICLE II.
The general nature Of the business
or businesses 10 be transacted by this
corporation is as follows:
TO buy, sell and otherwise deal in
real estate: 10 act as real estate
agents OF brokers; to own, operate
and maintain all kinds of agricultural
and horticultural enterprises; to buy,
sell and otherwise deal in all kinds Of
farm products and any other personal
property; 10 hold. purchase or other
wise acquire, to sell, assign mortgage,
pledge, or otherwise dispose of the
shares Of the capital stock, bonds or
other evidences of debt incurred or
created by other corporations, and
while the holder of such stock, to exc
cute all the rights and privileges of
ownership, including the right to vote
thereon 10 the same extent as a natur-
al person might or could do; to apply
for. obtain. register, lease or other
wise acquire, and TO hold, use, oper-
ate, sell, assign or otherwise dispose
Of any trade marks, trade names.
patents, inventions, improvements and
processes used in connection with Or
secured under letters patent of the
United States. or of any other coun-
tries; and to carry on any other bust
ness whatsoever which the corpora
ton may deem proper or convenient
to be carried on in connection with
any of the foregoing purposes, or cal
culated directly or indirectly to pro-
mote or TO enhance the value of it's
property. 10 loan money for itself or
others. taking such security as it may
deem proper. and to act as trustee,
agent or receiver.
Without IN any particular limiting
or restricting any of the objects and
powers Of the corporation, it is here
by expressly declared and provided
that the corporation shall have power
TO issue bonds and other obligations
In payment for property purchased or
acquired by II, for money borrowed,
or Tor any other lawful object in and
about its business; TO mOrtage or to
pledge any property which may be ac-
-
guarantees or other obligations by it
Issued or incurred; to guarantee any
dividends. bonds, contracts or other
obligations; to make and per-
form contracts of every kind and
description; and in carrying on
its business, for the purpose of attain
ing or furthering any of its objects
or purposes, TO do any and all other
things and exercise any and all other
powers which now or hereafter may
be permitted by law.
ARTICLE III.
Capital Stock
The amount of the capital stock of
this corporation shall be One Hundre l
Thousand Dollars ($10O,00O.0O), which
shah be divided into One Thousand
10000 shares of the par value of One
Hundred Dollars each. All or any
part of the capital stock may be paid
In cash or in property, labor or se:.
vices. at just valuation to be fixed
by the Directors at a meeting called
for such purpose.
ARTICLE w.
Term
The duration OF this corporation
shall be perpetual.
ARTICLE V.
Officers.
The business of this corporation
shall be conducted by President, a
Vice President. a Secretary, a Treas
urer and a Board of Directors to be
elected annually. The Directors shall
be elected by the stockholders at the
annual stockholders meeting. and the
other officers shall be elected by the
each annual stockholders meeting
Such Board Of Directors shall con
sist Of not less than three and not
more than nine persons. Any two of
TIE offices OF said corporation. ex-
cept that Of President and Vice Presi-
dent, may be held by one person al
one time.
Annual meetings of this CORD 1ration
shall be held on the second Tuesday
IN July Of each year.
} The following officers shall conduct
the business of this corporation until
the first meeting Of the stockholders,
or. until their successors shall be
qualified: President and Treasurer.
r. 5. Rogers: Vice President and Sec
rotary. w. NJ. Wilson. Board of Direc-
tors. d. 3. Deliver, z. H. Martin, r..
s. Rogers and W. NJ. Wilson.
ARTICLE VI.
Indebtedness.
The highest amount of Indebtedness
10 which this corporation can at any
time subject itself shall be Five Hun
dred Thousand Dollars.
ARTICLE VII.
The names, places of residence aud
the amount Of capital stock subscribed
by each OF the subscribers are as fol
lows:
ID. z. McIveT. Ucala. Florida, five
shares; Z. n. Martin, Ocala, Florida,
five shares: r. $. Rogers, Ocala, Flor
fde, fifty shares: ". M. Wilson, Ocala,
Florida, fifty shares.
STATE OF FLORIDA,
COUNTY OF MARION:
uERFBY CERTIFY that before