Bisbee daily review., 1906-08-03
>RTlcLEs OF INCORPORATION
of the Central Pharmacy.

KNOW ALL MEN BY THESE 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 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"
 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 ! ton and to purchase, own, acquire and deal in the same and to sell, trans | fer and exchange the stock of this l Corporation for personal and real property and for different classes of business and the good will thereof; l to sell, transfer, mortgage, pledge and 1 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- 1 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 CS25,- 500.00) divided into two hundred and fifty-fiye (255) shares of a par value of One Hundred Dollars (s100.O0) 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. 1 The existence of this Corporation shall begin immediately after the re I cording of these Articles in the office of the County Recorder of Cochise | County, Arizona, and the filing or certified copy -f these Articles in the office of the Territorial Auditor. and shall continue for period Of twenty five (25) years.
 | VI
 The affairs of this Corporation shall IH pnord nf Thrpp Hi. rectors who shall be shareholders oI 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 Gualifi cation of their successors at the first annual meeting of the stockholders which annual meeting shall be held leach year on the third Tuesday 1T July at eight o'clock D. m. at the or flee of said Corporation, in the Clty of Bisbee, Arizona,
 The Board of Directors shall nave power to fill any vacancies ln theii humber at any time.
 The officers of this Corporation sHall be a President, Vlce-PresldehI Secretary and Treasurer, and more Ithan one of said above mentioned ol fees may be held by one and the same person. and the Board of Directors may appoint minor officers and agents
 VII.
 The President, Vice-President. Sec retary and Treasurer shall be elected by the above named Board of Direct ors and serve until their successor are elected at the first annual stock holders meeting.
 VII.
 ' The highest amount of indebtedness , or liability to which this Corporation Lis at any time to be subjected shal mot, exceed two-thirds of the capita
 stock of the Corporation.
 .K
 The Board of Directors shall adop f Bylaws for this Corporation, whicl may be repealed or amended at an. 7 time by said Board, or by two-third vote of the stock at any regular stock 7 holders meeting.
 X.
 The private property of the stock f holders and officers of this Corpora i tion shall be exempt from all liabilit, for the corporate debts of this Cor , operation.
 IN WITNESS WHEREOF we hav f hereunto set our hands and seals thi : 27th day of July A. D. 1906. I J. R. YOUNGBLoOD, (SEAL.l 7 c. F. BLACKMAN, (SEALL)