The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1920-03-10

4 "A,
city of Tallahassee, during the time re-
CURED By law for the publication of
this notice. /!
Witness our hands this 25th day OF
February, y. d. 1920. III
WILLIAM JENNINGS
WILLIAM ]. FARMER
EMANUEL H. MARTIN II
THOMAS SEXTON II
TIMOTHY F. FAY II
Charter of LOneaIa Phosphate Company
We, the undersigned hereby agree 70 |
become associated together, and do 1
hereby associate ourselves together for /
under the laws of Florida by and Under
the provisions of the statute of the |
state OF Florida providing for the for |
nation, liabilities, rights, privileges and |
| immunities of corporations for profit |
with and under the following proposed |
| charter:
ARTICLE I.
| The name of this corporation shall be
| Loncala Phosphate Company. Its prin-
| cipal office and place OF business shall
be in the city of Ocala, Marion county
| Florida, but the company may have
such other Offices and places of bust
ness in the state of Florida, or in other
| states or foreign countries, may be
from time to time authorized by its
board of directors.
ARTICLE IL
The general nature of the business
to be transacted by the said corpora
ton shall be the business of leasing
buying, sellina exchanging and mort
gaging of phosphate mineral, timber
and other lands. and the products of
the same; the digging, mining, quar-
rying, dredging. buying, selling, ex-
changing, mortgaging, marketing and
transporting Of phosphate and other
mineral deposits. and the manufactur-
ing of the same into fertilizers and
other products; the purchasing. leasing,
buying, selling, cutting. manufacturing
and transporting Of timber lumber and
like property and the products thereof;
acting as agents and brokers in the
1 ~ Of l<a hlISi INK md fron
lions for others; the digging, dredging
and removing from the navigable
phate and other mineral deposits in
said streams, under the laws of the
state of Florida; the owning of all
other property of every nature and de-
scription that may be necessary, usual
or expedient in the conduct of said bus
mess, and the doing of all things nee
business or businesses aforesaid; to ac-
= quire and undertake the good will,
: property, rights, franchises and assets
, of every kind. and the liabilities of any
persons, firm, association or corpora
ton, whether wholly or partly, and pay
, for the same in cash. stock or bonds of
the company, or otherwise; to Issue
bonds, notes debentures or other obli-
= cations Of the company from time to
2 gage, pledge, deed of trust or otherwise,
and also the subscribing for. acquiring,
, buying, holding. selling and disposing
of stock, shares, bonds and securities
4 in any corporation or corporations; and
: also to do any and all businesses or
things before mentioned, either Separ-
4 ately or in combination, for the purpose
4 of attaining or furthering any Of its
! objects, to do any and all other acts
and things, and to exercise any and all
=. other powers which a co-partnership or
natural person could do and exercise,
t and which now or hereafter may be au-
| thorized by law.
= ARTICLE III.
The amount of capital stock of this
cOrnOratiOn
G lars, divided into ten thousand shares
q Of the par value of one hundred dollars
s interest money shall be made in lawful
money of the United States OF Amer
# ital stock of said corporation, or any
: part thereof, shall be payable in prop
y erty, labor or services, at a just valua-
q ton. to be fixed by the incorporators OF
., i-by the directors at a meeting called FOL
Isuch purpose. Property, labor or sery.
!. ices may also be purchased and paid
~ ton of such property, labor or services
J. % be fixed by the directors of the
% company at meeting called for such
purpose.
e This corporation shall have perpetu'
). " ARTICLE V.
u The business of this corporation
j. shall be conducted by board OF Si3
., directors. The board of directors shall
select from themselves a president,
Or vice-president, secretary and treasurer
o. One person may hold the office of sec
. rotary and treasurer. Said board o.
Pr directors shall have authority to ap
r point all necessary agents of this cor
| poration. The first meeting of the cor
r poration shall be held on the 18th da!
IN Of April 1920, at ten o'clock a. M a
- the office of William Jennings, in tn!
oC Holder building, South Main street. IL
IL the city of Ocala Florida, for the pur
pose of completing the organiza ton o
III the corporation and adopting bylaw
er and transacting all the business which
40 may come before the meeting. The an
DC nual meeting of the stockholders Of thi
to corporation shall be held on the secon
I'd Monday in April of each and ever
" year, at which the board of director
Id shall be duly elected by the stockhold
ri ers. The bylaws for the governm
of this corporation shall be adopted a
he the first annual meeting of the stock
a holders, or as soon thereafter as prac
ticable. Until a board Of directors sha,
he stockholders, the business of the sal
80 corporation shall be conducted by TN
al following named officers:
&C. William Jennings, President,
nv William J. Farmer, Vice-President,
~ Timothy F. Fay. Secretary and Treas
- Farmer. Thomas Sexton. Emanuel +
'e- Martin and Timothy F. Fay shall cor
stitute a board of directors.
Temporary bylaws may be adopte
. by said officers until the first annu;
sss meeting of the stockholders.
ed ARTICLE VI.
.x- The highest amount of indebtedne.
if or haplLty 20 "nlch L1tlS coI POI 70 ~
ere million dollars.
III ARTICLE VII
IIxy The names and residences of the SUI
ny scribers TO these articles of incorpors
lat ton, together with the amount of cal
nd ital stock subscribed by each, are
follows:
on William jennings, London, Englan
nal 992 shares
William J. Farmer. Savannah, Geo
at gia, shares.
IL Emanuel II. Martin, Ocala, Florida
= shares.
rs. Thomas Sexton, Ocala, Florida
)re shares.
n Timothy F. Fay, New York. Ne
III York. shares.
llQ ARTICLE VIII
On. The seal of this corporation shall
, q circular impression stamp bearing
: the center the words SEAL 1920" ar
ew around the circumference. the word
eIv "LONCALA PHOSPHATE COMPANY.
- In witness whereof, We have hereu1