The Caucasian. (Shreveport, La.) 1900-192?, 1909-08-10
CHARTER
OF THE MEYER DRUG COM
PANY.

49,
State eff Louisiana, Parish of Caddo:
Be it remembered that on this the 18TH
day of July 1909, before me, John D.
Wilkinson, notary public duly COM
stoned and sworn for and within the
State aforesaid, personally came and
I. R. Meyer, president of said
corporation; P B. Meyer, and Gabe
Meyer, resident of Pine Bluff, Arkansas,
who stated and declared to me notary
that availing themselves of the Consti-
tuition and laws of the State of Louis
lana relative to the formation of cor
porations and especially Act I78 of the
General Assembly of the State of
Louisiana for the year 1904, they have
formed themselves and do by these
presents form themselves, as well as
such other persons as may hereafter
become associated with them, into al
and have adopted as their
charter and act of Incorporation the
following, to-wit
ARTICLE 1.
The name of this corporation shall be
THE MEYER DRUG COMPANY" u
with its domicile in the City of Shreve
port, in said Parish and State, and un
der said corporate name it shall have
and enjoy succession for period of
fifty years, unless sooner dissolved as
hereinafter specified. All legal process
shall be served on the president, or in
his absence or disability, on the vice
president at the office of the corpora
lion.
ARTICLE II.
The object for which this corporation
is organized and the nature of the bus,
mess to be carried on by it shall be to
buy and sell drugs, nedi-
cines, paints, oils, toilet articles, and
other similar articles of merchandise,
and in the conduct of the business may
acquire property both real and per-
sonal, and construct or lease or other
wise acquire such buildings, machinery
or factory as may be necessary for the
proper conduct of its business.
ARTICLE III.
This corporation shall have power to
contract, sue and to be sued, to make
and use corporate seal and the same
to alter at pleasure; to hold, receive.
purchase, improve, ALLEVIATE, convey, sell,
borrow, pledge, mortgage and hypothe-
cate under its corporate name all kinds
of property, and TO make and establish
such rules and regulations for the
proper management of its affairs as it
may deem necessary. and the same to
alter or change at pleasure, and to en-
Joy all other privileges and irnmunities
given by the laws of the State of Louis
lana to corporations organized for sim
liar purposes.
ARTICLE w.
The capital stock of this corporation
is fixed at ten thousand dollars divided
into one hundred shares of one hundred
dollars each, which shall be paid for at
the time of its issuance, and said stock
may be issued for money, goods, prop
rty or for services performed as the
board of directors may determine. No
stakeholder shall sell or transfer his
stock until after ten days notice of such
intention to sell has been given to the
president or vice president of the COM
pany, during which time the remaining
stockholders shall have the first option
to purchase said stock, and on their
failure to do so within the ten days
stated, it may be sold to other persons ;
but all transfers of stock must be ma lie
Of the books of the company at its Of
| fee. This corporation shall commence
business as soon as eight thousand dol7
lars of its capital stock is subscribed
for.
ARTICLE ".
The affairs of this corporation shall
be managed by a board of directors
consisting of three stockholders. two OF
whom shall constitute a quorum, who
shall be elected by the stockholders al
general stockholders meeting held OF
the second Monday of July 1910, and
annually thereafter, but all directors
shall hold their Office until their success
sors are elected and installed. Unit
said election in 1910, the following shall
constitute the board of directors of Thu
corporation: /. R. Meyer, who shall b
president and manager; P. B. Meyer
who shall be secretary and treasurer
and Gabe Meyer, vice president. NJ
person shall be eligible as directo
who shall not be stockholder of thi
4 Il. Il zzG IL