Bisbee daily review., 1906-08-05
ARTICLES OF INCORPORATION
of the Central Pharmacy.

h&NoN Al@L Ah&-.N ID PRESENTS: That we, J. R. Young blood, c. T. Blackmann, and W. R. Banks do hereby voluntarily associate ourselves together for the purpose of forming a corporation under the Laws hereby certify. acknowledge and adopt ton:
 The name of this Corporation shall be and is Central Pharmacy"
 ~a II.
 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.
 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 win 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.- 500 00) divided into two hundred and fifty-five (255) shares of 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.
 V.
 The existence of this Corporation shall begin immediately after the re- 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 CorDoration shall be conducted by a Board of three Di- recto-s 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 hold office until the election and Qualifi' cation of their successors at the first 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 or flee of said Corporation, in the City of Bisbee. Arizona,
 The Board of Directors shall have power to fill any vacancies ID tnelr number at any time.
 The officers of this Corporation sHall be a President, Vice-Presldentr 1 Secretary and Treasurer, and more | than one of said above mentioned or | fees may be held by one ana Ine sdhIe person. and the Board of Directors may appoint minor officers and agents .Is0E -' VII. The President, Vtce-President. Sec retary and Treasurer shall be elected by the above named Board of Direct ors and serve until their successors are elected at the first annual stock holders meeting.
 VII.
 The highest amount of indebtedness or liability to which this Corporation is at any time to be subjected shall not exceed two-thirds of the capital stock of the Corporation
 K
 The Board of Directors shall adopt Bylaws for this Corporation, which may be repealed or amended at any time by said Board, or by 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. tion shall be exempt from all liability