The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1921-05-13

p
ton of the undersiened y q
the Governor of Florida for - ! ai
ent on the following pron Il, 's!'sal
after publication of sana ' sss
eessive weeks, once each VIE sss
quired by law. *sek
April 18th, 1921.
JOHN F. WILLIAMS /
KENNETH E. AIISIEv
ROBERT L. ANDERSEN
>
PROPOSED CHARTER an
MAGNOLIA FRUIT ca,.
The undersigned incorporst,.
pose to organize a coruors s,ssA
the laws of the State 81 - rs
which the following is the Jug ..
charter: '''s p'ss'
I.
The name of the corno,s...
MAGNOLIA FRUIT cOs1'p s,ss
the places of business of tbs a ~
shall be at Citra and at OcsI. =
III.
The general nature Of ths -.
TO be trapsacted by the eom ~
stated as follows: To aeousss
and deal in real estate Is Fl..:,
elsewhere; to acquire. own saI.s
and improve lands in said St s..
the growing of citrus fruits yess,s'
and all manner of agricultwssssll . |.
ducts; to buy, sell, and deal Il i.
es. grapefruit, and other citrus 4.
vegetables and farm products Il
kinds; to make, cultivate, deyelos
care for orange and grapefruit -
and other groves for the prodn,ss
citrus fruits: to buy, sell. deal 4 .
raise cattle, hogs, horses. mules 4, !
er livestock, and to have all sueb \
and general powers as are securpB,
der the laws of Florida to corporsi'
organized for profit, and to do an .
er and further things necessary
proper in carrying out the objeee
conducting the businesses aborl
forth.
III.
The amount of capital stock and
lied is one hundred thousand all
divided into one thousand shares oll
par value of one hundred dollars 4
The stock of the company shall Be j
for in cash when issued, or The d
pany may issue stock in payment
property, real or personal, or in
Dor or services performed for ant
behalf of the company, said proDe
when so madeS the basis for issi
of stock, to be justly valued b
stockholders or by the board q
rectors of the company.
".
The corporation shall have pe7ss
existence, unless dissolved in stH
ance with law.
The business of the company
be conducted by a president, vice =
ident, treasurer and secretary, al
board of directors consisting q
more than five members, who ~
be elected at each annual meet4
the corporation held on the first Z
day of April, in each year. The :
ident of the company may also :
treasurer. The names Of the oHs
who are to conduct the business
those elected at the first meeting
be qualified, are as follows:
John F. Williams, Presideh
Treasurer. ;.
Kenneth E. Ausley. Vice Presal
Robert l.. Anderson, Jr, Setis'
VI.
The highest amount of inde0lee,
or liability to which the COMPANY
at any time subject itself shan Y
hundred and twenty-five thousaA'
lars.
The names and residences
subscribers, and the amount y IN 7
subscribed for by each, are d asse
John F. Williams, Citra, Fios's''
Shares. ~,
Kenneth E. Ausrey, citra ~
100 shares. o.al,
Robert L. Anderson, Jr-, 0eslA
ida, 5 shares. r,,.;ss
]. F. Youngblood. Citra' f'o'~.
shares. IL
In witness whereof, the sa az 3
scribers have hereunto SET . .llsH
and s9als this April 18th, III !
JOHN F. WILLIAMS, e
KENNETH e. AUSLEI. 70 Is
ROBERT L. ANDERSON. IN s
State of Florida, Marion Coun n-ssu
On this April 18th, 1871 r An
the above naneu .,s i
williams. and Kenneth Z. Ausls, !.
Of whom is to me well know a,ssl
of the subscribers TO tne ~ i
proposed charter, and EN- sieps
severally acknowledged NJ
thereto. and Of
seal the day and year alo, ,,srv
commission expirese Jsh"1s
1925. ,yrsTEg
State of Florida. Marion SVo bsfOrs
on this April 18th, lyzl; 1--we S d
personally appeared the 90 - ne
Robert L. Anderson, Jry sons q
known as one of the pelss'fsars e
name is subscribed 70 n1ssnowlel
proposed charter, and aee
his signature thereto. ord 81
Given under my hanu s,'~rsssid
seal the day and year alv n,,ary
commission eXpireSe
1925. -, vEsTE
fSeaD. r. X. ? iIatary Pls
5 6 st