The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1920-01-23
PROPOSED CHARTER or
THE ESTATE OF r. S. HALL IN
coRPoRATED

The undersigned being the persons
i 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.
lCORPORATED, and its principal
place of business shall be at Ocala,
Florida.
The general nature of the business
| to be transacted by the corporation
shall be: to operate naval stores bus
mess, and deal in naval stores pro-
Iducts; to operate hotels; to deal in
real estate, and act as factor or bro
Iker; to lease, purchase. hold and con-
Ivey any and all real property neces-
Esary for and convenient in the trans
faction of it's business, or which the
purposes of the corporation may re-
lquire, or which it shall acquire in sat
lisfaction or partial satisfaction of
sdebts due the corporation under sales,
judgments or mortgages, or in settle
Rment or partial settlement of debts
Rdue the corporation by any of its
debtors; to receive deposits of trust
moneys, securities or other personal
property from any person or corpora
4 tion, and to loan money on real estate
lor personal securities; to purchase, in
lvest in and sell stocks, promissory
Inotes, bills of exchange, bonds and
Lmortgages and other securities; and
Ewhen moneys or securities for moneys
Eare borrowed or received on deposit,
FOR for investment, the bonds or obi
Igations of the company may be given
therefor: to carry on the business OF
la safe deposit company, examine and
guarantee titles to land; the company
lmay own stock in other corporations
iand may engage in the business of
general merchant, deal in a1tomo-
bibles, operate garages, and deal gen
Perally in automobile supplies and &C
Lcessories and may carry on and per-
morm such other business as is Incl
ldent to the purposes of this charter
land not inconsistent with the laws of
FLORIDA.
The amount of capital stock author
iized is Two Hundred Twenty-Five
Thousand Dollars ($225 ,000), which
Ishall be divided into twenty-five hun
ldred and fifty shares of the par value
lof one hundred dollars each, and will
Ibe paid into the corporation by con-
lveyance of property of equal value to
the amount issued, and in services
performed and to be performed; the
lstock when issued shall be fully paid
and worcestershire.
w
The corporation shall exist for
term of fifty years.
v
The business OF the company shall
be conducted by a President, Vice
President and a Secretary and Treas
|urer, and a board of not less than
three or more than seven directors;
the following persons shall serve as
Eofficers and directors until those elect
led at the first meeting shall be quail
fled. to-wit: Mamie Hall, President;
ER. S. Hall. Jr., Vice President; and
W. NJ. Palmer, Secretary and Treas
kurer; and Mamie Hail. r. S. Hall, Jr.,
Gand w. NJ. Palmer, Directors; these
fpersons shall hold office until the an
nua detection which election will be
held on the first Tuesday of January
in each year.
The highest amount or 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
shares
/ w. M. Palmer, ~oeala, Florida, 100
shares.
| Witness the hands and seals of the
| incorporators this the End day of De-
cember, 1919.
MAMIE HALL. 6SeaD
r. S. HALL, JR. (SeaD
w. NJ. PALMER, (SeaI)
State of Florida,
County of Marion:
| Personally appeared before me, the
undersigned authority, Mamie Hall,
r. S. Hall, Jr., and W. M. Palmer, to
l'me known to be the persons describ-
he'd in and who executed the foregoing
ARTICLES of incorporation and proposed
Feharter, and each acknowledged the
Execution of the same for the uses
and purposes therein set forth and ex-
pressed.
+ Given under my hand and seal of Of
Ifice this the 2ud day of December,
1919.
(Seal) OLIVIA TOFFALETI.
Notary Public State of Florida
My commission expires 18th day of
April, 1922.