Iowa state bystander. [volume] (Des Moines, Iowa) 1894-1916, 1896-10-16
Notice of Mco1.p0ratt.on.

Public notice is hereby gwen that the
undersigned have associate d themselves
together and become Incorporated for the
transaction OF business as provided by the |
statutes OF Iowa. and that the name OF the
corporation is Lopez Drug Co., and its
principal place of transacting business is
at Des Moines, Polk county, Iowa. The
general nature of the business to be trans
acted is the purchase and sale Of drugs,
medicines, oils, glass. dye stuils, liquors,
and all merchandise Of whatsoever kind
or character usually kept and sold by
druggists, and such other merchandise
aud personal property as may, in the
Judgment of the board of directors be
necessary to conduct the business of a re-
tail and wholesale drug store. The cor
poration has power to acquire, hold and
transfer real estate necessary for the
transaction of its business; also power to
issue and endorse notes; and also power,
upon the maj ority vote of the stockhold-
ers, to become associated as a stakeholder
or as n partner with any other person or
persons or corporation engaged in SINH
lar business, and has power to endorse or
become surety for any corporation or indi-
| vidua in which it may become Interested
as stakeholder or co-partner, and also
| has power to make contracts, acquire and
transfer property, possessing same powers
| in these respects as private individuals now
enjoy The capital stock OF the corpora
ton shall be $4,000 divided into shares
of $40 each. but the corporation may COM
mence business whenever 1000 Of said
corporate stock shall be paid up. The
corporate stock is only to be issued upon
payment therefor. either in money or in
\
of directors of the corporation are author
| lied to issue the capital stock Of the corpo-
ration whenever the same shall be paid in.
The corporation shall commence business
on the 7th day of October, 1896 and con-
tinue for twenty years from SAID date.
/ The affairs Of the corporation shall be con-
Quoted and managed by board of three
directors, to be elected from the stock
holders of the corporation at its annual
meeting to be held at the Office of the cor
4 poration at 10 O'Clock on the first Monday
4 Of October in each year. Until the first
annual meeting in October, 1897, the
board of directors shall be Philip Har-
bach, Louisa Harbach and j. H. Lopez, Of
whom Philip Harbach shall be president,
j Louisa Harbach treasurer, and j. H. Lo-
/ per secretary The board Of directors shall
/ have authority to appoint q general man
ager for the conduct of the business, who
i shall be authorized to execute all papers
| pertaining to the business of the corpora
ton. except the transfer of real estate
Immediately after the annual meeting of
the corporation the directors shall meet
and choose one of their nur4ber as presi-
dent, one as treasurer and one as secre-
tary. In case OF a vacancy in the board
of directors by death or resignation, the
remaining members of the board Of dlrect-
ors shall have power to elect an associate
director for the uneSplred term. The
highest amount Of indebtedness to which
this corporation is at any tmc to subject
itself shall not exceed two-thirds of lis paid
up capital stock. The private property of
the members of the corporation shall be
exempt from corporate debts.
Signed at Des Moines, Iowa, this 18th
day of October, 1896.
PHiIIp HARBAcH. LOUISA HARBAcII.
II. LoPER.