The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1920-03-12

ors at a meeting called for such pur-
pose. Property, labor or services may
i also be purchased and paid for with
capital stock at a just valuation OF
such property, labor or services, to be
txed by the directors of the company
at meeting called for such purpose.
ARTICLE Nv.
This corporation shall have perpet-
lual existence.
ARTICLE v.
The business OF this corporation
shall be conducted by board OF sir
directors. The board OF directors shaI
select from themselves a president, a
pice president. secretary and treasur-
Ter. One person may hold the Office
lof secretary and treasurer. said
| board of directors shall have authority
/ to appoint all necessary agents OF TINS
corporation The first meeting OF the
corporation shall be held on the I2th
day of April. 1920, at ten o'clock, a.
NJ. at the office of William Jennings.
/ in the Holder building. South Main
street, in the city of Ocala, Florida,
| for the purpose of completing the or
ganization of the corporation ana
adopting bylaws and transacting al
the business which may come before
1.-THE meeting The annual meeting OF
the stockholders of this corporation
shall be held on the second Monday
/ in April of each and every year. AT
which the board of directors snail De
duly elected by the stockholders. me
by-laws for the government OF this
corporation shall be adopted az the
first annual meeting of the stockhold-
ers. or as soon thereafter as praetlca.
| BILE. Until a board of directors shah
have been first duly chosen by the
stockholders, the business OF the sala
corporation shall be conducted by the
following named officers:
! William Jennings, President
Thomas Sexton. Vice President.
| Timothy F. Fay, Secretary an"
Treasurer, go.
and William Jennings, Thomas sexton.
William u Farmer. Emanuel Fl. Mar
tin and Timothy f. Fay shHh cohsu-
ltute a board of directors.
Temporary bylaws may be adopted
by said officers until the first annuai
meeting of the stockholders.
ARTICLE vi.
The highest amount of Indebtedness
/ or liability to which this corporation
can, at any time, subject itself is tive
hundred and fifty thousand dollars.
ARTICLE VII.
The names and residences OF the
Subscribers to these articles OF moor
lporation, together with the amount OF
capital subscribed by each is as foi-
lows:
William Jennings. London.
England - -. ......t SHARES
Thomas Sexton, Ocala,
Florida. .......- SHARES
Emanuel H Martin, Ocala.
milliaSn ]. Farmer. Savannah.
Georgia. -. .....2 shares
Timothy F. Fay, New York.
New York. 49,. -. - shares
ARTICLE VIII.
The seal of this corporation shall De
circular impression stamp bearing
in the center the words SEAL 1920.
and around the circumference the
words "LONCALA COMMISeARf
COMPANY
In witness whereof, we have here
lulto set our HANDS this the 18th day
g February, A. D., 1920.
WILLIAM JENNINGS.
WILLIAM j. FARMER.
EMANUEL II. MARTYR.
THOMAS SEXTON.
TIMOTHY r. FAY.
-
State of Georgia,
County of Chatham-ss:
1. Geo. ". Drummond, a notary pub
lie for the state of Georgia. do hereby
certify that William j. Farmer, who Is
to me well known. this day appeared
before me and acknowledged that he
signed the foregoing articles of incor-
poration and the accompanying notice
for the uses and purposes therein
stated.
In witness whereof, | have hereuntO
set my hand and. seal of office this
10Th day OF February A. d.. 1920.
eSeal1 GEO w. DRUMMOND,
Rotary Public, Chatham County, Ga.
State of Florida.
County Of Marion-ss:
|, Mabel Johnson, a notary public
Tor the state Of Florida at large, do
hereby certify that William JENNINGS.
Thomas Sexton, Emanuel H. Martin
ana Timothy +. Fay, who are 20 me
well known. this day appeared before
me, and each for himself acknowledge
ed that ne signed the foregoing arti-
cies Tor Incorporation and the accom-
panylng notice for the uses and pur-
poses therein stated
In witness whereof, / have hereun-
I to set my hand and seal Of Office this
25th day of February. A D.. 1920
tSeal) MABEL JOHNSON
lodi Notary Seal
NOTICE
g.. II