The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1922-07-18
The Proposed Charter of the Crosby
Wartmann Packing Company

Wartmann Packing Company
1. The name of the corporation
shall be: The Crosby Wartmann Pack
ing Company. The principal place of
business of said corporation shall be
in Citra, in Marion county, Florida,
but it may establish such other place
or places of business. either within or
without the state Off Florida, as it
may deem proper.
2. The general nature of the bust
ness to be transacted by said corpora
ton shall be to buy, sell, raise, pack,
ship, handle and produce all kinds of
citrus fruits, vegetables. produce and
farm products; TO buy. sell and lease
real estate. to give and take mort
cages upon real estate and personal
property, to loan and advance mon
eys; to borrow money; to handle, sell,
trade, exchange and deal in all kinds
of personal property and real estate;
to erect and build packing houses; to
equip same; to buy and sell all kinds
of packing machinery and supplies;
to erect or lease anv other buildings
or structures that it may deem expe-
dent, and to acquire or lease any and
all real estate or personal property,
and to make and enter into all con-
tracts that it may deem experlent for
said corporation to do.
8. The amount of authorized cap
ital stock of said corporatino shall be
twenty thousand dollars $50, 000.O0),
to be divided into 200 shares of the
par value of one hundred dollars
(S1OO.OO) each. All or any portion of
the capital stock may be paid In cash
or in property, labor or services, at a
lust valuation to be fixed by the board
of directors, at al meeting called for
such purpose.
d. The rmffor which this cor
poration shall exist shall be ninety
nine (99) years.
5. The business of this corporation
shall be conducted by a president, a
yice-president, a secretary, a treas
urer and a manager, and board OF
directors to be elected annually. That
the office of president and treasurer
NAV be combined in and held by one
person. That the Office of secretary
| and manager may be combined IN and
held by one person. The board OF
directors shall consist of not less than
three nor more than seven members.
The directors shall be elected by the
stockholders at the annual stockhoid-
ers meeting, and the other officers
shall be elected by the board of di-
rectors at their first meeting after
each annual stockholders meeting
The annual meetings of this corpora
ton shall be held on the first Tuesday
in August in each year, and the flrst
annual meeting of said corporation
shall be held on the first Tuesday In
August, A. D. 1922. The following
officers shall conduct the business OF
the said corporation until those elect
| ed in the first election shall be quail
fed:
President and treasurer, Edgar L
Wartmann.
Vice-president, w. T. C. Carpenter
Secretary and manager, William j
Crosby.
! > Board of Directors: Edgar l.
Wartmann, William ]. Crosby, w. L,
C. Carpenter, Kenneth II. Day.
| 6. The highest amount of ndebt-
| edness or liability to which this cor
poration can at any time subject It
self is twenty thousand dollars tS2O,-
000.O0).
z. The names, residences and
amount of stock subscribed by eaen
of the subscribers are as follows:
William J. Crosby, Citra, Florida
go shares.
Edgar L. Wartmann, Citra, Florida
| so shares.
w. T. C. Carpenter, New York, N
Y, go shares.
Kenneth Il; Day, New York., N. y
20 shares.