The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1921-06-03
NOTICE or INTENTION TO APPLY
FOR LETTERS PATENT

Notice is hereby given OF the inten-
tion OF the undersigned to apply to
the Governor of Florida for letters pat
ent on the following proposed charter
after publication Of same Tor four sue
cessive weeks, once each week as re-
quired by law.
April 18th, 1921.
JOHN F. WILLIAMS,
KENNETH E. AUSLEY,
ROBERT L. ANDERSON, JR.
PROPOSED CHARTER OF
MAGNOLIA FRUIT COMPANY
The undersigned incorporators pro-
pose to. organize a corporation under
the laws of the State of Florida, of
which the following us 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.
III.
The general nature of the business
to be transacted. by the company is
stated as follows: 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 otheresroyes for the production of
citrus fruits. to buy, sell, deal in and
raise cattle. hogs, horses, mules or 9TH
er 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
er and further things necessary and
proper in carrying out the objects or
conducting the businesses above set
forth.
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
behalf. of the company, said property,
| when so made. the basis for issuance
lof stock, to be justly valued by the
stockholders or by the board of di-
rectors of the company.
w.
The corporation shall have perpetual
existence, unless dissolved in accord
lance 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.
VI.
The highest amount of Indebtedness
or liability to which the company can
at any time subject itself shall be one
hundred and twenty-five thousand dol
| lars.
VII.
The names and residences of the
subscribers, and the amount of stock
subscribed for by each. are as follows:
John F. Williams, Citra, Florida, $50
shares.
Kenneth E. Ausley, citra, Florida,
100 shares.
Robert L. Anderson. Jr., Ocala, Flor
Ida, shares.
j. f. Youngblood, Citra, Florida, 10
shares.
In witness whereof, the said sub
scribers have hereunto set their hands
and seals this April 29th, 1921.
JOHN f. WILLIAMS, lSeaD
KENNETH e. AUSLEY, (Sean
ROBERT L. ANDERSON, JR. lSeaD
|
State of Florida, Marion County:
On this April 18th, 1921, personally
appeared the 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
Iseverally acknowledged his signature
thereto
Given under my hand and official
seal the day and year aforesaid. My
commission expirese January 18th.
1926.
lSeal) E. r. SYLVESTER.
Notary Public.
State of Florida, Marion County:
On this April 10Th, 1921, before me
personally appeared the above named
Robert L. Anderson, Jr., to me we'll
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. Ny
1925.
tSeaD r. R. SYLVESTER,
st Notary Pubic.
NOTICE