The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1921-05-27

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cessive weeks. once each week as re-
quired by law.
April 29th, 1921.
JOHN f. WILLIAMS,
KENNETH e. AUSLEY,
ROBERT L. ANDERSON, JR.
PROPOSED CHARTER OF
MAGNOLIA FRUIT COMPANY
The undersigned incorporators pro.
the laws of the State Of Florida, of
which the following is the proposed
charter:
The name of the corporation is
MAGNOLIA FRUIT COMPANY. and
the places of business of the company
shall be at Citra and at Ocala, Florida.
H.
The general nature of the business
to be transacted by the company is
stated as followss To acquire, own.
and deal in real estate in Florida or
elsewhere; to acquire own, cultivate
and improve lands in said State for
the growing of citrus fruits, vegetables
and all manner of agricultural pro-
ducts; to buy, sell, and deal in orang-
es, grapefruit and other citrus fruits,
vegetables and farm products of all
kinds; to make, cultivate, develop and
care for orange and grapefruit groves.
and other groves for the production of
CITRUS fruits; to buy, sell, deal in and
raise cattle, hogs, horses, mules or 9TH
Ter livestock, and to have all such other
and general powers as are secured I'M
der the laws of Florida to corporations
organized for profit and to do all 9TH
err and further things necessary and
proper in carrying out the objects or
conducting the businesses above set
forth.
H.
The amount Of capital stock author
lied is one hundred thousand dollars,
divided into one thousand shares of the
par value of one hundred dollars each.
The stock of the company shall be paid
for in cash when issued, or the com
pany may issue stock in payment for
property, real or personal, or for la
Dor or services performed for and in
I'behalf of the company, said property,
when so made the basis for issuance
Ecf stock. to be justly valued by the
stockholders or by the board of di-i
rectors of the company.
~
The corporation shall have perpetual
existence, unless dissolved in accord
ance WITH law.
The business of the company is to
be conducted by president, vice pres
ident. treasurer and secretary, and a
board of directors consisting of not
more than five members, who are to
be elected at each annual meeting of
the corporation held on the first Tues
day of April, in each year. The pres
ident of the company may also be the
treasurer The names of the officers
who are to conduct the business until
those elected at the first meeting shall
be qualified, are as follows:
John F. Williams, President and
Treasurer.
Kenneth E. Ausley, Vice President.
Robert L. Anderson. Jr., Secretary.
The highest amount of Indebtedness
or liability TO which the company can
lat any time subject itself shall be one
hundred and twenty-five thousand dol
lars.
The names and residences of the
subscribers, and the amount of stock
subscribed for by each. are as follows:
John F. Williams, Citra, Florida, 3S5.
shares.
Kenneth E. Ausley. citra, Florida,
100 shares.
Robert L. Anderson, IT., ocala, Flor
ida, shares.
]. F. Youngblood. Citra, Florida, 10
shares.
scribers have hereunto set their hands
and seals this April 18th, 1921.
JOHN f. WILLIAMS, (SeaD
KENNETH E. AUSLEY, tSeaD
ROBERT L. ANDERSON. JR. (SeaD
State of Florida, Marion County:
On this April 29th, 1921, personally
appeared tie above named John F.,
Williams, and Kenneth e. Ausley, each
of whom is to me we'll known as one
of the subscribers to the foregoing
proposed charter. and each OF whom
lseverally acknowledged his signature
thereto.
Given under my hand and official
seal the day and year aforesaid. My
commission expirese January 18th,
1925.
tSeal) n r. SYLVESTER.
Notary Public.
State of Florida, Marion County:
On this April Goth, 1921 before me
personally appeared the above named.
Robert l.. Anderson, Jr., TO me well
known as one Of the persons whose
name is subscribed to the foregoing
proposed charter. and acknowledged
his signature thereto.
Given under my hand and official
seal the day and year aforesaid. My
commission expirese January 18th,
1926.
fSeaD e. r. SYLVESTER
5 8 st Notary Pubic