The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1920-11-05

CORPORATION under the following
proposed charter.
C. P. ANDERSON.
f. H. McCURDY.
FRANK B. SHEAFFER.
Prooosed Charter of the Florida Or
ange Grove Corporation
The undersigned desiring to procure
Letters Patent under the Laws Oh
Florida, applicable to- corporations TOT
profit, do hereby associate themselves
together for such purposes and hereby
make and publish this as their propos-
ed charter for the said corporation.
Article |. Name.
The name of this corporation shall
he the FLORIDA ORANGE GROVE
CORPORATION, and its principal
place of business shall be Ocala, Ma
rion county, Florida, but it may estab-
Iish branch offices at such place or
places as the Board of Directors may
determine.
Article II. Businesses.
The general nature of the business
or businesses to be conducted by this
corporation is:
(a) To buy, own, sell and deal IN
real estate and to act as real estate
agents or brokers';
OBJ To plant. develop and maintain
orange groves and other citrus fruit
groves and nurseries;
(c) To own, operate and maintain
all kinds of agricultural and horticul-
tural enterprises, owning and dealing
lin all kinds of agricultural and horti-
cultural products;
(d) To own, buy, sell and deal in
all kinds of personal property;
(e) To contract and be contracted
with for the purpose of carrying out
any and all of the legitimate purposes
for which the corporation is created,
and whatever is necessary to develop
or enhance the value of the corpora
tons property;
C) To buy, own and sell stock in
other corporations; to purchase and
iretire stock in this corporation: to
buy, own and sell patents, copyrights
and trademarks;
(g) To borrow and lend money, TAX
ling and giving such notes or other OBJ
LEGATIONS, bonds or deeds of trust or
other security as may be required or
demanded;
CHI Generally, to do any and all
things necessary and legal to carry
on the businesses of this corporation.
Article III. Capital Stock
The amount of the capital stock
authorized is One Hundred and Seven
lty-five Thousand Dollars, ($175,000.-
00), which shall be divided into seven
teen hundred and fifty (1750), shares
of the par value of One Hundred Dol
lars, (S100.00), each; Seventy-five
Thousand Dollars. $75,000.00), of
which shall be in preferred stock. and
One Hundred Thousand Dollars,
| ($100, 000.00), of which shall be in
common stock, which said capital
stock. or any portion thereof, may be
paid by conveyance to the corporation
of real or personal property, by cash,
or by services rendered the corpora
ton, at fair valuation therefor to be
fixed by the Board of Directors.
Article w. Term.
The term for which this corporation
shall exist is ninety-nine years.
Article v. Officers.
The business of the corporation
shall be conducted by President,
three Vice-Presidents, a Secretary and
Treasurer any two of the above of
fees may be held by one and the
same person except the offices Of
President and Vice-President, and by
Board of Directors, consisting of not
| less than three nor more than nine
members. The officers will be elected
at the annual meetings of the corpora
ton to be held on the first Tuesday
| in January CT each year, and until
those elected at the first annual meet
| ings shall be qualified. the business Of
the corporation shall be conducted bl
C. P. Anderson. President and Treas
urer; F. H. McCurdy, First Vice-Presi
dent; 2. B. Sheaffer, Second Vice-Pres-
:dent; H. S. Garrett, Third Vice-Presi-
dent: F. B. Sheaffer. Secretary; Fl. P.
McCurdy, General Manager, and c. P.
Anderson. F. H. McCurdy, F. B. Sheaff-
er, II. s. Garrett. o. L. Doty, and H. P.
McCurdy, Directors.
Article vi. Indebtedness.
The highest amount of Indebtedness
or liability to which this corporation
can at any time subject itself is One
Hundred and Seventy-five Thousand
Dollars. (s175, 100000.
Article VII. Subscribers
The names and residences of the
subscribers and, the amount of the cap
Il tal stock subscribed for by each are
as follows:
C. p. Anderson, 157 Dickson ave.,
Ben Avon, Pa, 800 shares.
F. H. McCurdy, LAB Monitor ave.,
Ben Avon, Pa, 800 shares.
Frank B. Sheaffer, 726 9Th ave.,
Munhall, Pa, 33 shares.
STATE of PENNSYLVANIA,
County of ALLEGHENY.
On this day personally appeared be-
fore me f. B. Sheaffer and F. H. Nc
Curdy. to me well known to be the per.
sons who subscribed their names tn
the foregoing proposed charter of tho
FLORIDA ORANGE GROVE cor
DOp ALTON and thar nnlrr.o-..1- - -