The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1922-08-15
The Proposed Charter of Citra Ice,
Light K Development Company

l. The name of the corporation snail
be: Citra Ice, Light Development
Company. The principal place of bust
ness of said corporation shall be In
Citra in Marion county, Florida, but 1t
may establish such other place OF
places Of business. either within or
without the state of Florida, as 1t may
?. The general nature of the bust
ness to be transacted by said corpora
ton shall be:
To generate, manufacture, buy, sell
deal in, distribute and produce cleo
tricity and ice. To own, build, acquire,
buy, sell, lease, maintain and operate
electric light plants and systems, water
works, plants and systems and cold
storage plants To buy, build, acquire
own, sell, maintain, lease and operate
electric lines. power lines and all otneI
things, devices, machines and appar-
atus for the transmission of electricity
To buy, sell, lease, rent, own and main
tain all things necessary or use1ul 10
the operation of cold storage plants OF
ice plants. To own, buy, sell, deal IN.
lease, rent and acquire all kinds OF
electrical machinery, devices, equip
ment, supplies and apparatus; also al
kinds of machinery, pipe, stand pipes
reservoirs and other devices useful In
the pumping. distribution or storage
of water. To secure and accept fran
chises from cities and towns for the
operation of electric, Ice and water
plants therein and to enter into any
and all contracts in regard thereto. To
buy, sell, deal in, produce
develop, own operate, lease, mortgage
acquire and convey orange groves
farms, all kinds of fruit orchards, real
estate, all kinds of personal property,
farm products, live stock, farm and or
chard tools and supplies and all kinds
of citrus fruits and other orchard pro-
ducts. To build houses for sale or rent
To build, buy, sell, operate and main
tain water mains and water pipe lines
for the transmission of water. To Dor
row and lend money either with OF
without security. To issue, buy, sell
deal in, acquire and exchange all forms
of securities, stocks, bonds and nego-
table instruments, including Its own.
To give and take mortgages on per-
soRaI property and real estate. To act
as agent and broker for others and to
act with respect TO any one or more OF
the businesses or powers above men
toned in this charter as producer,
manufacturer, jobber, wholesaler, re-
taller, partner, factor, agent or other
wise and likewise to carry On its busi-
ness thru others as such. To have and
exercise all such other rights, powers,
privileges and immunities in addition
10 those herein mentioned which 1t
would be competent to herein enumer-
ate.
stock of said corporation shall be
Thirty Thousand Dollars $3.50, 0o0.00) to
be divided into 500 shares OF the par
value Of Fifty Dollars (S50.0o) each. All
OF any portion u LAt CdpAldA 49,
may be paid in cash or in property,
labor or services, at a just valuation to
be fixed by the board Of directors at q
meeting called for such purpose.
4. The term for which this corpora
ton shall exist shall be nine hundred
and ninety-nine years.
5. The business Of this corporation
shall be conducted by a president. nrss
vice president, second vice president,
secretary and treasurer, and board OF
directors. Any two Offices may De held
directors shall consist Of not less than
three or more than seven members
| The directors shall be elected by the
stockholders at the annual stockhold-
ers' meeting and the other officers shah
be elected by the board Of directors al
their first meeting after each annual
stockholders meeting The annual
meetings of this corporation shall be
l held on the first Tuesday In January ot