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MAGNOLIA GROVES, INC. - Florida Company Profile

Company Details

Entity Name: MAGNOLIA GROVES, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

MAGNOLIA GROVES, 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: 02 Feb 1959 (66 years ago)
Date of dissolution: 09 Mar 1987 (38 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 09 Mar 1987 (38 years ago)
Document Number: 219827
FEI/EIN Number 591161969

Federal Employer Identification (FEI) Number assigned by the IRS.

Address: 1958 MONROE DRIVE, PO BOX 1738, ATLANTA, GA, 30324
Mail Address: 1958 MONROE DRIVE, PO BOX 1738, ATLANTA, GA, 30324
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
C T CORPORATION SYSTEM Agent -
WATKINS, GEORGE President 1958 MONROE DR NE, ATLANTA, GA 00000
WATKINS, GEORGE Director 1958 MONROE DR NE, ATLANTA, GA 00000
READY, GEORGE W JR Secretary 1958 MONROE DR NE, ATLANTA, GA 00000
READY, GEORGE W JR Treasurer 1958 MONROE DR NE, ATLANTA, GA 00000
READY, GEORGE W JR Director 1958 MONROE DR NE, ATLANTA, GA 00000
PAUL, B.H. Vice President 1144 W. GRIFFIN RD., LAKELAND, FL
WATKINS, BILL Director 1144 W GRIFFIN RD, LAKELAND, FL 00000

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 1987-03-09 - -
CHANGE OF PRINCIPAL ADDRESS 1982-06-11 1958 MONROE DRIVE, PO BOX 1738, ATLANTA, GA 30324 -
CHANGE OF MAILING ADDRESS 1982-06-11 1958 MONROE DRIVE, PO BOX 1738, ATLANTA, GA 30324 -
REGISTERED AGENT ADDRESS CHANGED 1981-06-01 8751 W. BROWARD BLVD., PLANTATION, FL 33324 -
NAME CHANGE AMENDMENT 1965-12-01 MAGNOLIA GROVES, INC. -
AMENDMENT 1965-07-19 - -

Date of last update: 02 Apr 2025

Sources: Florida Department of State