The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1902-01-02
Charter of the
BOGGS DRUG COMPANY,
Limited.

Limited.
United States of America-State OF
Louisiana-Parish OF Bossier.
DE it known that on this, the 23rd day
d of November, in the year OF our
Lord one thousand, nine hundred and
one, before me, John G. Allen, Notary
Public in and for the Parish OF Bossier,
State of Louisiana, aforesaid, duly COM
missioned and qualified, in the presence
of the witnesses hereafter named and
undersigned, personally came and ap-
peared the several persons whose names |
are hereunto subscribed, who severally |
declared that availing themselves OF the |
laws of the State of Louisiana, in such
cases made and provided, they have
contracted and agreed and do by these
presents covenant and agree and bind
themselves, as well as such persons as
may hereafter become associated with
them to form a corporation for the OBJ
jects and purposes and under the articles
and stipulations following, to-wit:
ARTICLE l..
The name of this corporation shall be
the BOGGS DRUG COMPANY, Linn
tied, and under it's said corporate name
it shall have the power and authority to
have and enjoy succession for the full
term and period of ninety-nine years
from and after date thereof; to contract,
sue and be sued; to make and use cor
porate seal, and the same to break or
alter at pleasure; to hold, receive, lease,
purchase and convey, as well as mort
gage and hypothecate property, real,
personal and mixed, corporal and incor-
poreal; to name and appoint such man
ayers, agents, directors and officers, as
its business interests and convenience
may require; and to meke and establish,
as we'll as alter and amend from time to
time, such bylaws, rules and regulations
| for the proper government OF the affairs
of said corporation as may be necessary
and proper.
| ARTICLE 2.
The domicile of said corporation shall
be in the town of Plain Dealing, Parish
of Bossier, State of Louisiana, and all
citations, or other legal process, shall be
served upon the President of said cor
poration, or in the event of his absence,
upon the ice-President thereof, and in
the absence of both of said officers,
upon the Secretary of said corporation.
| ARTICLE 3.
The object for which this corporation
| is established, and the nature of the
business to be carried on by it are hereby
declared and specified to be for the con-
Quoting and carrying on general drug
business, either wholesale or retail, and
a general mercantile business or all, and
generally to hold and exercise all such
incidental powers and privileges as relate
to the objects hereinbefore set FORTH
All of the above corporate functions may
be performed both in the State of Louis
lana and in any other States OF this Union.
| ARTICLE 4.
The capital stock OF said corporation
is hereby fixed at the sum of five thou
sand dollars, divided into and represented
by two hundred shares of twenty-five
dollars each, and may be further increas-
ed On complying with existing laws
The corporation may begin business as a
corporation when forty shares of said
capital stock shall have been subscribed
for and paid in. Said shares of stock
may be issued for money paid or property
received, which shall be nonassessable.
ARTICLE S.
All the corporate powers OF said cor
. poration shall be vested in and exercised
by the Board of Directors, to be COM
posed of four holders, three OF
whom shall constitute quorum, to be
elected annually on the first Monday ir
January in each year, except the first
Board of Directors appointed in this
Charter, who shall hold their offices unit
the first Monday in January, nineteer
hundred and three 1909, or until theil
successors are duly elected and qualified
: All such elections shall be by ballot, an(
5 conducted at the office of said corpora.
ton under the supervision of three com.
E missioners to be appointed by the Boart
t of Directors. Notice of such election
shall be given by publication not les
than ten days prior to such election, il
t one or more newspapers published in tn
q Parish of Bossier, or by official notic'
s from the Secretary of said corporation
Every holder of stock shall be entitle,
). to one vote for each share of stock stand
ing in his name on the books of the cor
poratisn, to be cast in person or by proxy
and majority of the votes cast shal
elect.
ARTICLE 6.
The officers of this corporation shal
, be President, President, Secre
tary and Treasurer.
| ARllCLE Il
Whenever this corporation may b
dissolved, either by limitation or othe
causes, its affairs shall be liquidated b
three stockholders to be appointed at
general meeting to be convened and a
:, heretofore provided, and a majority i
amount of the capital stock of said cor
poration shall be requisite to elect
Said Commissioners shall remain in offic
until the affairs of said evaporation sha
= have been fully liquidated. In case c
death of one or more of said commission
ers, the vacancy shall be filled by electio
by the surviving Commissioners.
e ARTICLE 8.
Il No stakeholder shall ever be liable Il
D the contract or faults of said corporatio
: in any further sum than the unpai
k balance due the company on stock owne
= by him.
No share of stock shall be transferre
or disposed of without the stockholdel
first giving thirty days notice to the otht
- stockholders, and allowing them tn
| pr;uiloro ~ fret r,,,rcho cino tho ca;