The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1920-02-27
|NoTlcE or INTENTION TO APPLY
FOR LETTERS PATENT

~
FOR LETTERS PATENT
Notice is hereby given that the un-
|dersigned will apply to the governor
of the state of Florida, at Tallahassee.
on the 18th day of March. A. D., 1920,
for letters patent, Incorporating the
citizens Bank of DunneIlon. under
the following proposed charter, the
original of which is now on file In the
office of the secretary of state Of the
said state of Florida.
Witness our names this 18th day Of
February, A. D., 1920.
r. l.. BRYAN.
E. NJ ROBINSON.
] III. FENNELL.
T. j. KEMP.
B. j. BENSON.
JAS. 7. RAWLS.
Proposed Charter of The Citizens
Bank Of DunneIlon
The undersigned incorporation
hereby associate themselves together
for the purpose of becoming inc0rpor
ated and forming a corporation under
and by virtue of the laws OF the state
of Florida, with and under the fol.
lowing proposed charter:
/.
The name of the corporation shall
be the Citizens Bank of Dunnellon,
and its place of business shall be IN
the city of DunneIlon, in the county
of Marion, and state of Florida
III.
The general nature of the business
to be transacted shall be that OF a
general banking business, with pow.
ers incident thereto, as provided BY
the statutes of the state OF Florida
III.
The amount Of the capital stock Of
said corporation shall be $4,000, 20
be divided into 800 shares OF the par
value of One Hundred Dollars l$lool
each, to be paid in cash.
Nv.
The term for which said corpora
ton shall exist shall be ninety-nine
years.
v.
The business of the said corporation
shall be conducted by the following
officers:
A president, one or more vice pres
idents, a board of six directors. n
cashier, and such other officers and
employees as the corporation may au
thorize. The board of directors may
appoint subordinate officers and EN-
ployes, with such powers, duties and =
terms Of office as they may prescribe.
or as may be provided by the bylaws,
not inconsistent with the banking
laws.
VI.
The directors shall be elected BY
the stockholders at each annual meet
ing. All other officers and employees
shall be elected annually by the board
Of directors. The annual meeting OF
the stockholders shall be held on the
second Wednesday of January in each
year.
VII.
Until the officers elected at the first
annual meeting of the stockholders
shall be qualified, the business of said
shall be conducted by the
following named officers:
r. L. Bryan, President.
B. J. Benson. First Vice President
j. NJ Fennell, Second Vice Presi
dent.
Y. S. Phillips, Cashier.
r. L. Bryan, B. ] Benson, J.. NJ. Fen.
nell, t. j. Kemp. Jas. 7. Rawls and
E. NJ Robinson, directors.
VIII.
The highest amount of indebted
ness or other liability TO which the
said corporation shall at any time
subject itself shall be as limited and
defined by Section PIP, of the Gen.
eraI Statutes of the State of Florida
TX.
The names and residences Of the
and the amount OF capt
tai stock SUBSCRIBE by each, are as
follows:
R. L. Bryan, Dunnellon, Fla,
100 shaes.
B. J. Benson, Dunnellon, Fla,
J. NJ. Fennen, Gainesville, Fla.
so shares
so shares.
Jas. t. Rawls, Dunnellon. Fla.
80 shares.
E. NJ. Robinson, Dunnellon. Fla.
100 shares
State of Florida,
County of Marion:
Before me, the undersigned notary
public in and for the state OF Florida
at large, personally appeaed R. L.
Bryan, B. J. Benson, j. NJ. Fenneli,
T. J.Kemp, Jas. T. Rawls and e. NJ.
Robinson, all to me well known 10 be
the individuals described in and who
executed the foregoing proposed
charter of the Citizens Bank OF Dun
mellon, and each being duly sworn
severally acknowledged that he exc
euted the same for the uses and pur
poses therein expressed.
In witness whereof / have hereunto
set my hand and affixed my notarial
seal this the 18th day of February, A.
D., 1920.
(SeaL) ROBT. c. BOWERS.
Notary Public, State of Florida.
My commission expires March II.
92l. 2-20-5t.