Greene County herald. (Leakesville, Miss.) 1898-current, 1906-07-13
Charterof Incorporation
Of
Peoples Drug Company.

Be it known, that we the undersigned all be-
ing OF fun age, and resident citizens of Greene
county in the State or Mississippi: for the pur-
pose of forming a Corporation under and by
virtue of Chapter twenty-five Of the Annotated
Code OF mississippi and the Acts amendatory
thereof. do hereby certify ara set forth:
Article !. The name of said Corporation
shall be Peoples Drug Company and in that
name shall exist for a period of fifty years,
from tie date OF approval OF this charter by the
Article 3 The dorlicsle of the said corpora
ton shall be ct LeaAesTiile in Greene county
State of Mississippi.
Article 3. The amount OF Capital Stock OF
SAID Go rpGtation shall be Ten Thousand (sl0.-
oJ0oa) Dollars The number of shares COM
posing SAID capital stock shall be One Hundred
Q0U Shares of the par value of One Hundred
(siDOG0) Dollars each And the amount of cap
ital with which said corporation is authorized
to begin business is Three Thousand (S3. 00o0)
Dollars. Each share of capital stock in said
corporation shall entitle the holder thereof to
one vote n all OF the stockholders meetings.
either in person or BY proxy,
Article T. The purpose for which the said
corporation is formed are as follows:
]. To operate. carry on and do general
drug business, buy and sell drugs and medi-
eineS. compound and ill prescriptions.
?. To buy and sell in connection with said
business, tobacco, cigars soda water or other
refreshment drinks, powders, candies and such
things as are generally carried By drug Stores
3. To own, use, hold. buy and sell. lease or
mortgage property real or personal, as may be
necessary or convenient in connection with
SIlU business.
4, TO sue and be sued. prosecute and be pros
ecuted 10 Judgment and satisfaction in any
court contract and DE contracted with within
the limits of the corporate powers; have and
use corporate seal.
5. To erect or establish u branch Office, OF
offices to the said corporation any where with
in the State.
6. To have full power to carry out the OBJ
teets and purposes named herein. and in addi-
ton thereto. to hold and possess all the rights
and powers which corrorations under the gen
eral laws OF the State OF Mississippi are au-
thorized to possess or exercise.
Article 5. The number of Directors OF the
said corporation shall be three. And the Board
OF Directors shall be vested with the corporate
powers OF sad corporation. Each director
must be u stockholder, and owner ard hold at
least five shares of the capital stock of said
corporation Directors shall be elected annually.
Article s. The officers of said corporation
shall be q President. a Vice president q Secre-
tary and Treasurer. who shall be elected an
nually by the Board of Directors And the
Secretary and the Treasury offices may be held
or filled by one and the same person,
Article Z. The first stockholders meeting OF
said corporation may De held. within thirty
days from the approval of this charter by the
Governor, at time and place TO be agreed upon
by all of the unders gned Charter members OF
this corporation, when they may proceed to
organize said corporation.
In witness whereof, we have made and signed
this certificate at LeaEesyille. Mississippi. this
July 18th. 1906.
NAT OWEN
NJ, L. BATSoN, NJ. D,
j. Il. MILLER