| Entity Name: | MAGNETIC MOTORS INC |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
MAGNETIC MOTORS INC is structured as a Domestic Profit Corporation, which, in Florida signifies a Profit Corporation (also known as a C-Corporation). This business structure is recognized as a separate legal entity from its owners. This offers shareholders the benefit of limited liability protection, safeguarding their personal assets from the corporation's debts and obligations, and facilitates raising capital through the issuance of stock. In Florida, Domestic Profit Corporations are governed by Title XXXVI, Chapter 607, Florida Statutes – Florida Business Corporation Act. |
| Status: |
Inactive
The business entity is inactive. This status may signal operational issues or voluntary closure, raising concerns about the business's ability to repay loans and requiring careful risk assessment by lenders. |
| Date Filed: | 27 Dec 1927 (97 years ago) |
| Date of dissolution: | 17 Sep 1936 (89 years ago) |
| Last Event: | DISSOLVED BY PROCLAMATION |
| Event Date Filed: | 17 Sep 1936 (89 years ago) |
| Document Number: | 116028 |
| FEI/EIN Number |
000000000
Federal Employer Identification (FEI) Number assigned by the IRS. |
| Address: | 16 N FORT HARRISON AVE, CLEARWATER, FL |
| Mail Address: | 16 N FORT HARRISON AVE, CLEARWATER, FL |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| LAME, D.E. | President | BAYVIEW, CLEARWATER, FL |
| LAME, D.E. | Director | BAYVIEW, CLEARWATER, FL |
| TOWNSEND, J.A. | Vice President | BAYVIEW, CLEARWATER, FL |
| TOWNSEND, J.A. | Director | BAYVIEW, CLEARWATER, FL |
| PHILLIPS, EDGAR JOHN | Secretary | 16 N. FORT HARRISON AVE, CLEARWATER, FL |
| PHILLIPS, EDGAR JOHN | Treasurer | 16 N. FORT HARRISON AVE, CLEARWATER, FL |
| PHILLIPS, EDGAR JOHN | Agent | 16 N FORT HARRISON AVE, CLEARWATER, FL |
| PHILLIPS, EDGAR JOHN | Director | 16 N. FORT HARRISON AVE, CLEARWATER, FL |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| DISSOLVED BY PROCLAMATION | 1936-09-17 | - | - |
Date of last update: 03 Apr 2025
Sources: Florida Department of State
