The southern sentinel. (Winnfield, La.) 1883-1910, 1907-04-19
ACT OF INCORPORATION
PHOENIX DRUG COMPANY. LIMITED.

PnOENLA DhO0 SOHtfsANit LA4uhtIDs
Re IL known and remembered that on this the
soth day of March. 1907, personally came and
appeared before me, Robert Wade Oglesoy, q
Notary Public, duly commissioned and quail.
fed n and Tor the tarlrh o. mrnh anu Tnisne
Smith and w. ID. Judkins, all residents OF
VIM Parish, Louisiana, who declared unto me,
awaiting themselves OF the provisions Oh 'n nc
corporations, they have covenaaksd ana py
these presents do covenant and agree and
bind themselves as well as s..d all o osner
ciated with them to form and constitute
themselves into corporation IN law
terms, stipulations and conditions following,
to-wit:
ART 1.
The name and title OF this corporation shall
be PHOENIX DRUG COMPANY, LTD, and
its domicile is hereby established and fixed in
Winfield, Winn Parish, Louisiana, and under
its corporate name it shall have power TO con-
Il act: TO sue and be sued; TO make and use
col porate seal and to change The same at pleas
ure; to hold receive, purchase, ALLEVIATE, con-
vey, sell, borrow, pledge, mortgage and hypo-
thecate under its corporate came, property
real, personal and mixed; TO name and appoint
such officers, directors, agents and managers
as the interest of said Corporation may require;
to make and establish such bylaws, rules and
regulations for the proper management OF It's
affairs as IL may deem necessary and proper
and to change the same at pleasure; and 10 do
proper to carry out the purposes for which this
Corporation is organized.
Said Corporation unless sooner dissolved
mi. SSsrsI sha T Exist and Continue for
period of ninety-nine years from and after tue
date hereof.
absence the General Manager shall be the pro-
per person on whom citation and other legal
proceedings shall be served.
ART. ii.
The objects and purposes for which this Cor
poration is organized and the nature OF the
business to be carried on by IL are declared to
/ be to do O general retail drug business and to
carry on any other line or lines OF a general
mercantile business, to manufacture and com
pound all kinds OF drugs and 70 do everything
necessary to carry on this business.
ART. Ill.
| The capital stock Of this Corporation Is here
| by d. ed at Ten Thousand dollars, divided into
and represented by Two Hundred shares of
/ ($5000J fifty dollars each, which said stock
shall be paid in cash, or the same may be issued
| at not less than par value in payment for pro-
perry or rights actually received, provided that
| thereof has been received by said Corporation.
This Corporation shall have the right to COM
mence doing business as soon as Four Thous-
and dollars shall have been subscribed and
paid for and the necessary requirements of law
complied with.
Additional stock within the limits prescribed
herein shalt be issued at the discretion of the
| Board OF Directors of this Corporation.
All stock certificates shall be signed by the
| President and Secretary Of the said corporation
ART. ".
The corporate powers of this corporation
shall be invested in Q Board Of Directors.
The Board OF Directors shall consist Of three
stockholders of the said corporation, two of
whom shall constitute quorum for the trans
action of business.
The following persons shall constitute the
first Board Of Directors, to-wit: w. D. Iud-
kins A. Smith and Mack L.Branch.
The officers OF this corporation shall be
President, ce-President, Secretary and Trea-
surer but the Secretary and Treasurer shall
The first officers of this corporation shall be
Ma& l.. Branch, President; W. ID. Judkins,
Vice President. and A. Smith, Secretary and
Treasurer.
The Board Of Directors and Officers herein
named shall continue in office until the first
shall be general meeting of. the stockholders
and annually thereafter, held for the purpose
OF electing officers and trausacting such other
business as may come before it. but If for any
cause a new Board is not elected as provided
herein the old Board shall continue in Office
until the election OF their successors which
may then be done by = call meeting for that
Al every election each stakeholder shall be
entitled TO one vote for each share of stock
owned by him.
Voting my be done by proxy and majority
| OF the votes cast shall decide any question.
except as herein provided.
A majority of the stock OF this corporation
shall be necessary to constitute q quorum for
the transaction of any business.
Vacancies occurring in the Board shall be
filled by the remaining members of the Board
eiecting someone to NIL out the unexpired term
ART ".
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