The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1921-10-24

place OF business shall be in. Ocdla.
Marion county. Florida. but il may es-
tablish such other place or places of
business either within or without the
state OF Florida as it may deem proper.
Article III.
BUSINESS
The general nature of the business,
or businesses, to be transacted bv this
corporation is as follows:
To buy and sell, manufacture, ex-
change, renovate and otherwise deal in
all kinds of household and kitchen and
other furniture and supplies: to buy and
sell, manufacture and exchange clothing
and dry goods of every description, and
to conduct and maintain either wholesale
or I etail stores for the purpose of car
rying on any such furniture or dry goods
or otherwise deal in or with real estate;
to apply for, obtain, register, lease or
otherwise acquire and hold. use, ope-
rate, sell, assign or otherwise dispose
of trade marks, trade names, patents
and inventions; to conduct a general
mercantile business or businesses, and
do all other things usual, necessary or
proper to be done in connection with
any of the business aforesaid.
Article III.
CAPITAL STOCK
The amount of capital stock of this
rcorporation shall be Twelve Thousand
Dollars (S12,00O), which shall be divid-
ed into One Hundred (1OO) shares. of
I a par value of One Hundred Twenty
Dollars (S12O) each. All or any portion
of the capital stock may be paid in
cash, or in property, labor or services,
at Just valuation to be fixed by the
directors at a meeting called for such
purpose.
Article Nv.
TERM
The duration of the corporation shall
be perpetual
Article V.
OFFICERS
The business of the corporation shall
be conducted by a president, a vice
| president, a secretary, a treasurer and
a board of directors, to be elected an
nually. The directors shall be elected
/ by the stockholders at the annual stock
holders meeting, and the other officers
| shall be elected by the directors at
| their first meeting after each annual
stock holders meeting. Such board of
directors shall consist of not less than
| three nor more than five persons. The
| offices of secretary and treasurer of
said corporation may he held by one
and the same person. Annual meetings
| of the corporation shall ibe held on the
/ first Monday in January of each year.
| The following officers shall conduct the
business of the corporation until the
until their successors shall qualify:
President, r. C. Smith Jr.
/ Vice president, IT. w. Russell
| Secretary and treasurer, w. w. c.
Smith.
Board of Directors: E. c. Smith Jr.
IT. w. Russell. w. w. c. Smith.
Article vi.
INDEBTEDNESS
The highest amount of Indebtedness
to which this corporation can at any
time subject itself shall be Fifty Thou
sand Dollars (S5O,O0O)
Article VII.
SUBSCRIBERS
The names. places of residence and
the amount of capital stock subscribed
by each of the subscribers of this cor
lporation are as follows:
f. c. Smith Jr., Sanford, Florida, Al
7. ". Russell. Barlow. Florida. !
W. W. C. smith. ocala. Florida. 81
ishares.
STATE OF FLORIDA.
ICOUNTY OF SEMINOLE
/ hereby certify that before me per
sonalIy came E. c. Smith Jr., to me wei
known and known to me TO be one Of
the persons who subscribed his name
TO the foregoing proposed charter, and
that he acknowledged to me that h'
executed the. same for the purpose:
therein expressed, and subscribed fol
the amount of capital stock set oppo'
site his name.
1 further certify that my commission
expires on the 18th day of September
1925.
Sanford, FLORIDA, this 18th day OF DC
tober, 1921.
Notary SeaD Notary Public.