The southern sentinel., 1907-04-12
ACT OF INCORPORATION
OF
PHOENIX DRUG COMPANY. LIMITED.

PHOENIX DRUG COMPANY, LIMITED.
Re i known and remembered that on this the
sGtI say eli Mareh, 1sj9. persona s9iiS l J. :.
- IS cd b lore me, RoberE Ma. C55e.ns
Sot.lEF Pu3ise, duly Cos. = ssslg - No.
ned II al. tOr II. Ear 3 81 Nli @Iid sisats -
i.otl{sI.sit.. 4 saaft, Me- sgGiss4s ttI ne =
staz h ana v. -. Jue ait 3ss-,- ne q.
AY4Egs Parish Laulsiana, S o dcs;i2I - ~ 9 NJ
awaiting the.-4se4ves 81 tae PROVISIONS o. -
Jaws el the II to az Aonisi4n& ~ "
ar1Elzzti,us. tAeS hate eoNens bted anu =
re ents >l5, pof s1eut aHd agl-e szzs
II s44rri,sa rs as Hn a Ill ot4tz
l5,=5.zas ygho rasY hereafter { zsel..e as
SIS ea with t.z4aa to form az s-.ss' s.ssss Us
t.ssnzszzlfes tuso so aA4=35- ~ = -
t1g as objects AND psspssts ai,a unl. @ siit
i,..4 Sri sulazlTa ai.-. eou5ltt0s3s ioiioN ilits
AETI.
Ts# heH,e and Hitie u xkis corporation shz=
le fIIsItNIz D4-C3 COattANs : I'D, ssla
y. ltlnseiJ Wan Fatisdi Louisiana. and Hitster
IT. corporate name it snaii have power 90 e9d-
aef: to Sue afFsE BE Hees 10 niasse ana use =
COS parSte seal s=ta 10 clts ne same al pie;i-
.uIe:=&o Lrlst receive, purchase aIIenasr. esAn-
Vey. seii, LorTu8, pledge. mort slsse ana h4Io-
-aGeats under It's corporate came. ps1pe5tl
real. personal and mix ci TO name ana appoint
sgeh officers directors, aEcniS ana Managers
as The intera Il ofsaid Corporation may reGalfsi
to make snd establish sach b.-ls.@s, rales anu
regulations IoE the Proper hlsnAS s4aehb u 1ss
A4.sA al AA=Serlet@ At&@ u
aud II change me sale ~ iai SsuIss; anu te a9
All uif1er acts permitted . law necessary anu
proper to carry cut tiIe purposes ior which THIS
Corporation = organized.
Sid CORPORATION unless sooner dissolved
in accordance with the pfoFislons ci
this Charter shall exist and continue for a
period OF ninety nine years from aaa a4'er tue
TAs President OF this Corporation or in his
absence the General Manager shall u the pro-
per person on whom citation and otaer legal
proceedings shall be sersed
ART. III.
The objects ard purposes for which this Ger
poratien is organized and the nature of the
business 10 be carried on by il are declared 10
b. to do a general retail drug business and to
carry On any other line or lines OF general
pound all kinds of drugs and to do everything
necessary 10 carry on this business.
ART. III.
The capital stock OF this Corporation is here
by d. ed at Ten Thousand Dollars, divided into
and represented by Two Hundred shares OF
lS500ol fifty dollars each, which said stock
shall be paid in cash, or the same may be issued
at not less than par yaiue in payment Tor pro
perty or rights actually received. provided that
no stock shalisbe issued until the consideration
thereof has been received by said Corporation.
This Corporation shall have the right to COM
menee doing business rs 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 shall be issued at the desc.etion 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 d 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. Jud-
kins, A. Smith and Mack L.Branch.
The officers of this corporation shall be q
President, vice-President, Secretary and Trea-
surer but the Secretary and Treasurer shall
both be filed By one and the same person.
The first officers OF this corporation shall be
Mack l.. branch, President; W. ID. Judklns,
vice-PEesi5e-t, and a. smith, secretary aud
Treasurer.
The Board of Directors and Officers herein
named shall continue IN office until the first
1uesd : il February, LES. at when time there
shall be general meeting Of the stockholders
ANA annually thereafter, held for the purpose
ot eIecting officers ana tEansSctiEg snch other
business as may come before 1t. but lf iuT any
Cause n new Board is not elected aS provided
herein The old ioard hall continue in Office
until The election of taeir sucees sofs, which
may llen be done by esi nesting for that
paFpose.
ensisied 80 one vote for each shaIe OF stock
owned by hlGl.
Voting nay be done b. proxy and majority
OF INC votes east snglHi ucclce any question,
except as heron provided.
: lnajonty of tAe stecN OF this corporation
shsli he necessary 10 constitute > quorum Tor
siie transaction ci any business.
Vacancies nssuriLs III the bcaTl snail De
flied by lie remS iniug members q the Board
eieetins some TO 81 out he anexprsa L. M.
ART. V.
The Board of Directors shall hare full con-
trcI aI tbe properly IF this corporation aud
snail manage the same as in Their descrstion
tlis~ aetm best.
Tie SAID Board Is authorized to frame and
aiept such bylaws, III e and /. glittions and
20 change The same 1t their ple& sure IS the
business OF the said corporation Iiay require.
ART. VI.
Tafs charter may be changed. modified or
amended. the capital stock incEeased or de-
creased, or TIRE COZ poration may he dissolved ct
y general meeting % tae sioczno.dets convened
tor that pGsfose With the assSnt OF three
foussas OF tke entire stock lSsucs. Thirty days
notice os sucn nse ig ssssiii he given IN writing
b. tie Stsrs saay Of sne CO. Pc. aliGa to zach
st0ek hclaer O. TIE s;tfRe.
La "a c o. siissoia;l lan OF this corporation for
aI cause the liluidatian Of It's affairs shall be
conducted b. tie Board Of Directors acting IS
9 liquidati commission.
ALT. VII.
No stockhelsier Of this corporation shall ever
be fiable or sponsibie Tor tae contracts there
OF in any amount OTTER than tie amount Of
stock owGed BY ssca stockhclder, n n snail any
infelmality IN the oreanization of this corpor-
a:ian have tie effect Of rendering this charter
null or Of sxposiag a atnelholGer 10 any labii-
iiy Beyond Inc stock owned Ey him.
Tie amount of stock subSci ihed by each
stakeholder Is showa by the ainoun- placed
opposite the name Of each subscriber 70 tais
Charter.
This done and passed af my cffice-in the town
Of WINFIELD, Vim Parish, Louisiana, on the
day and date first named above, In the presence
Of b. NJ. Grisham and John n. Mathews, two
competent witnesses, who signed these pres
ents together with said appearers who sign
hereto and acknowledge the amount placed
opposite each me to be the amount Of stock
subscribed By each OF them and ia the presence
Of me, Notary, after due reading Of the whole.
Names No. Shares Amount
Mel Braneh-.-.--- 20 --.---....--..----- xfo01 90
T. n Smith.------- % ..---....---....-- 1000 90
Aurelus Smifh----...--- % 1000. 90
ROBERT WADE oGLESBY,
(SEAl) Notary Public.