Bisbee daily review., 1906-08-04


 of the Territory of Arizona, and we hereby certify, acknowledge and adopt the following. Articles of Incorpora- tion:
 The name of this Corporation shall be and is Central Pharmacy"
 The principal place. of business of this Corporation shall be in the City Of Bisbee, County of Cochise, Terri tory of Arizona, and this Corporation may have such other branch offices at other places as the Board of Directors 'of this Corporation may from time to time select.
 III.
 The general nature of the business to be transacted and carried on by this Corporation shall be and is as follows: To engage in and carry on a general drug and mercantile business, with full power to buy and sell both at wholesale and retail drugs and all other merchandise of every nature and description; to acquire and own real estate necessary to carry on this busi- ness; to sell the stock of this Corpora tion and to purchase, own, acquire and deal in the same and to sell, trans fer and exchange the stock of this Corporation for personal and real property and for different classes of business and the good will thereof; to sell, transfer, mortgage, pledge and otherwise convey and dispose of any | and all of it's lands and other property rights both real and personal, and generally to do all business, and things | incident to the aforesaid and not con- trary to the laws of the Territory of | Arizona.
 The amount of capital stock of this | Corporation shall be Twenty-Five Thousand Five Hundred Dollars (s25,- 5O0.00) divided into two hundred and ! fifty-fiye (255) shares of a par value | of One Hundred Dollars (S100.00) each. The time when the condition upon which said capital stock shall be ! issued and paid for shall be fixed by ; the Board of Directors. l V.
 1 The existence of this Corporation shall begin immediately after the re- 1 cording of these Articles in the office of the County Recorder of Cochise County, Arizona, and the filing of a certified copy ~f these Articles in the office of the Territorial Auditor, and shall continue for a period of twenty five (25) years.
 VI.
 The affairs of this Corporation shall be conducted by a Board of three Dl- rectors who shall be shareholders Of this Corporation. The first Directors shall be J. R. Youngblood. c. T. Black. man. and W. R. Banks, who shall hoia office until the election and oual1fl- cation of their successors at the tlrst annual meeting of the stockholders. which annual meeting shall be held each year on the third Tuesday in July at eight o'clock D. m. at the Of flee of said Corporation, in the City of Bisbee, Arizona,
 The Board of Directors shall have mower to fill any vacancies in their number at any time.
 The officers of this Corporation snaIl be a President, Vice-Presldent' Secretary and Treasurer, and more than one of said above mentioned or fees may be held by one and the same person, and the Board of Directors may aBpoint minor officers and agents
 VII.
 The President, Vice-President, Sec lretary and Treasurer shall be elected by the above named Board of Direct iors and serve until their successors are elected at the first annual stock holders meeting.
 VIII.
 The highest amount of indebtedness or liability to which this Corporation lis at any time to be subjected shall mot exceed two-thirds of the capital stock of the Corporation.
 TX.
 The Board of Directors shall adopt Bylaws for this Corporation, which may be repealed or amended at any time by said Board. or by a two-thirds vote of the stock at any regular stock holders meeting.
 x.
 The private property of the stock holders and officers of this Corpora ton shall be exempt from all liability for the corporate debts of this Cor , lporation.
 IN WITNESS WHEREOF we have hereunto set our hands and seals this 27th day of July A. D. 1906.
 J. R. YOUNGBLOOES (SEAL.)
 c. F. BLACKMAN, (SEAL.)
 W. R. BANKS, (SEAL.)
 Territory of Arizona, County of Go chise. ss.
 Before me, Nlfglnia J. bagDy, NO Itary Public in and for the County O Cochise, Territory of Arizona, on thil lday personally appeared J. R. Young blood, c. T. Blackman and ". R Banks, known to me to be the persons whose names are subscribed to tn foregoing instrument and acknowl ! edged to me that they executed tn same for the purposes and considers : ton therein expressed.
 Given under my hand and seal O office this 29th day of July, A. D. 190t
 My commission expries October 1909.
 (sEAL.) VIRGINIA J. BAGBY,