The Colfax chronicle., 1904-06-25
Charter Of the verda Drug Co.,
Limited.
STATE OF LOUISIANA

PARISH OF GRANT.
Be It known that on this the 2Sd
day of May A. ID. 1904, before me,
Uriah e. Dewitt, a Notary Public in
and for the Parish of Grant, State Of
Louisiana, duly commissioned and
qualified, and in the presence Of the
witnesses hereinafter named and uIn-
dersigned, personally came and ap-
peared the parties whose names are
hereunto subscribed, all OF full age,
who declared that, availing them
selves of the provisions of the laws Of
this State relative to corporations,
and especially that of Act No. SO, OF
1883, of the General Assembly Of LOui-
siana. they have c0venated and
agreed, and by these presents cove
nant, and agree and bind themselves,
as well as such other persons as may
hereafter become associated with
them, to form and constitute cor
pOration and body polite in law, for
the purposes and objects, and under
the stipulations, articles and cOndi-
tiOns following, tO-wit:
ARTICLEI.
The name and title of said corpora,
tiOn shall he the "VERDA DRUG CO.,
LIMITED" and its dOmicil is here.
by established In the town Of verda,
Louisiana, and under its said cOrp0r'
ate name said corporation shall have
power and authority to contract, sue
and he sued; to make and use q cor
pOrate seal, and the same to break
and alter at pleasure; to hold, receive
have, purchase, improve, alienate
convey, sell, borrow, pledge, mort
gage and hypOthecate under ita said
corporate name. property, real. per
sOnal and mixed; to name and ap
point such officers, directors, agents
and managers, or employees as thu
interest and convenience Of said cor
pOration may require; to make and
establish bylaws, rules and regula
tiOns for the proper management
and regulation of its affairs, al may
be deemed necessary and proper, and
the same to change and alter at pleas
ure; and to do all other acts and thing
permitted by law, as shall or may b
necessary and proper to carry ou
the objects and purposes Of said cor
poration.
Said corporation unless soone
dissolved. In accordance with it's char
ter. shall exist and continue for th
period Of thirty years from and afte
date hereof. The president, or In hi
absence the vice president, shall b
the proper person upon whom cita
tiOn or other legal process shall b
served.
ARTICLE III.
The objects and purposes for whicl
this corporation is organized and tn
business to be carried on by 1t are de
clared to be the following, tO-wit
To build, equip and maintain drui
store at verda, in above named Pal
ish and State, to buy, sell and com
pound staple drugs, under preecrip
ton, to sell patent medicines, notions
stationery. and generally to carry o.
such other business as may hereafte
be desired, pertaining to the object
and purposes herein named.
ARTICLE III.
The capital stock of this corpora
ton shall be Ten Thousand Dollar
$50. .O0O) divided into and represente
by two hundred shares Of the sum {
Fifty ($5O) dollars each, which sal
stock shall be paid for In cash, at th
time of subscription, or the same ma
be issued at not less than par In pay
. ment or exchange for property @
rights actually received or purchase
by said corporation, or the same ma
: be issued full paid, for money advan
, ed and such other valuable consider,
I ton or services as the board OF dire
,, tors of said corporation may dete
mine; provided that no stock shall
Issued until the consideration ther
for has been received by the said co
: poratiOn. Any stockholder may se
assign, or transfer his stock in tn
corporation, provided thirty (S0) )day
prior notice of such intention to eel
D assign or transfer the same be give
!. the company, and the other stOckhC
q ders thereof shall have the first pri
lege Of purchasing same, after WIKI
4 thirty days the said stock may
}. sold In open market. The stock
Q said corporation may be transferrl
{ under the above conditions, provide
z such transfer thereof be made on q
= books Of said company. at its ON
; in the Town of yerda. La. and {
; the surrender Of the certificate the1
J. OF. No transfer Of any fraction
J. part Of q share shall be made. 1T
j corporation shall commence dol
business as soon a. five tenths Of {