The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1920-10-16
Proposed Charter and Articles of In
corporation of Oak Hurst
Lime Company

Proposed Charter and Articles of In
corporation of Oak Hurst
Lime Company
We, the undersigned, do hereby as
soclate ourselves together for the pur-
pose of becoming incorporated under
do hereby adopt the following propos-
ed charter and articles of incorpora-
Article I.
Name and Place of Business
The name of this corporation shall
be OAK HURST LIME COMPANY, and
its principal place of business shall be
in Ocala, Marion county, Florida but
il may establish such other places or
business or branches thereof either
within the state of Florida or else
where, as the board of directors may
see fit to establish.
Article Ill.
Business
The general nature of the business
or businesses to be transacted by this
corporation are:
(a) To manufacture building, agri-
cultural and chemical lime; road ma
teria1; and any such forms of lime,
and by-products of lime and the lime
industry, as may seem advisable for
the welfare of the company;
OBJ To prospect and develop min
lc) TO buy. lease and sell lands.
and all kinds of personal property;
Id To own and operate farms. farm
lands and agricultural enterprises;
(e) To own and operate commits
SarieS and mercantile establishments;
(f) To borrow money, issue bonds,
notes or other obligations, and to Sc
cure the same by mortgage, deeds,
pledges or other instruments, and to
lend money, taking as security there
for mortgages, deeds. pledges or other
Instruments;
co Generally, to exercise all such
powers as may be necessary or conven-
lent to the purpose of the business or
businesses OF this corporation and to
have, exercise and enjoy all the rights,
powers and privileges incident to cor
porations organized, chartered and ex-
listing under and by virtue of the laws
of the state of Florida.
Article HI.
Capital Stock
The amount of the capital stock 20, Of
this corporation shall be TWENTY
THOUSAND 6$20,O00l DOLLARS, to be
divided into Two Hundred shares of
i Ir pts1oO5 each. all or any portion OF
which may be issued for or payable
in money, or labor, services, real or
therefor to be. fixed by the board of
Article Nv.
Term
The term for which this corporation
Is to exist is perpetual.
Article ".
Officers
The business of this corporation is
to be conducted by the following off,
GERS: President, vice president, Secre~
tary, treasurer and general manager.
any two of which, except the Offices OF
president and vice-president, may be
held by the same person, such officers
to be elected by the board of directors;
and by a board of directors to be elect
ed by the stockholders, consisting OF
not less than three nor more than dve
members. The board of directors may
appoint such subordinate officers, hav-
ing such duties, powers and terms OF
office, as it may deem best and to the
interest of this corporation. The an
nual meetings of this corporation shall
be held in its offices in Ocala. Florida,
on the first Tuesday in January of
each year, and the following officers
poration until those elected at the first
meeting of the stockholders and direc-
tors shall qualify: President, John M
Ndeffert; vice president and general
manager, c. G. Fraser; secretary and
treasurer, Wellington II. Meffert
Board of Directors, John NJ. Mefert, G.
G. Fraser and Wellington-H Meffert
Article vi.
Indebtedness
The highest amount of Indebtedness
to which this corporation may at any
time subject itself is Twenty Thousand
Dollars ($20,000).
Article VII.
Subscribers
The names and residences of the
subscribers, together with the amount