St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1909-12-18
CHARTER
Vaudeville Cooperative
Drug Co., Limited.

United States of America, /
State of Louisiana, !
Parish of St. Tammany,
Town of Vaudeville. !
Be it known, that on this 9Th day
of the month of December, one thou
sand nine hundred and nine, and OF the
Independence of the United States OF
America, the one hundred and thirty
| fourth, before me William G. Davis,
a notary public in and for the parish
of St. Iammany, State of Louisiana,
duly commissioned and qualified, and
in the presence of the witnesses here
matter named and undersigned, per-
sonally came and appeared the per-
sons whose names are hereunto sub
scribed. All of lawful age and re-
siding in this parish, who severaIly de-
clared that availing themselves OF the
provisions of an act of the Legislature
! of this State known as Act. No. 80 OF
the session of 1888, approved June ~,
1883, as we'll as the general laws OF
this State relative to the organization
of corporations. They have formed
and organized and by these presents
do form themselves into and constitute
a corporation for the objects and pur-
poses and under the stipulations and
agreements hereinafter set forth,
which they adopt as their charter to-
+. wit:
ARTICLE l.
The name of this corporation shall
be VAUDEVILLE COOPERATIVE DRUG
| Co.. LIMITED, and it shall have its
domicille in the town of Vaudeville,
and shall have and enjoy succession
under it's corporate name for period
| of ninety-nine years from and after
the date hereof.
ARTICLE II.
1t shall commence business when
five hundred dollars of the capital
stock is subscribed, and may hold'
purchase, sell, convey, lease, pledge
| or mortgage property personal, NOV
able or 1mmoVable, sue and be sued,
and NAV have a corporate seal, with
such inscription or device as may be
selected by the Board of Directors.
The president or in the event of his
death, absence or inability to act from
any cause the vice president is hereby
designated, and in case OF the absence
of the vice president on the secretary
as the person upon whom all legal
process Shall be served.
ARTICLE III.
The object for this corporation is for
the manufacture of and sale of drugs,
medicine and toilet preparations IN
this and any other place that may be
deemed necessary for the conduct OF
the business, to establish and MAINTAIN
a retail drug store IN which can pc
sold such articles as are usually sold
in drug and general merchandise stores,
to buy and sell real estate and enter
into any contracts that may be neces-
sary for the conduction Of the busl-
ness.
ARTICLE "
The capital stock of this corpora
tion is hereby declared to be fixed at
the sum Cf three thousand dollars,
divided into three thousand shares OF
one dollar each, which shall be paid IN
cash at the time Of subscription. The
capital stock of said corporation may
be increased to an amount not to ex-
ceed twenty thousand dollars. After
the compliance with the provisions OF
the laws relative to the increasing
capital stock of corporations, each
stockholder shall be entitled to shares
to any new or increase stock IN pro-
portion to the number of shares held
by him.
ARTICLE V.
The business affairs of this corpora
ton shall be managed by board OF
twenty directors, DR.. Alonzo Givens,
Chas. A. David, H. H. Levy, A. Hart
man, W. G. Davis, DR.. l.. M. Thomp-
son, DR.. R. B. Paine, H. Borey, Jac
Levy, J. L. Smith, Henry Menant, Z.
Refine, P. H. Hansbroug, W. X.
Smith, E. H. Bandot, j u e s
Poirson, Eugene Esquinance,, G. F.
Bierhorst, lsadore Levy and LOUIS
Rosenthal shall constitute the first
Board of Directors, with DIR. Aionzo
Givens as president, c. A. Dlvld as
vice president, H. II. Levy secretary
and A. Hartman treasurer, which
officers and directors shall hold their
respective offices until the 9th day OF
December, 1910, or until their sue
cessors shall have been duly elected
and qualified. On the first Monday IN
December, 1910 and annually there
after an election shall be held at the
office of said corporation, after ten
days notice shall have been given by
postal card directed to each stock
holder, and the directors then elected
shall take their seats Immediately
after their election. The Board OF
Directors shall at their first meeting,
which shall take place Immediately
after the election OF Directors, elect
a president, vice-president, secretary
and treasurer. The said Board Of Dl
rectors shall have power to make
change or alter all rules, bylaws
rules and regulations for the manage
ment of the business affairs of tnl:
corporation, to purchase, sell, mort
gage or pledge property, personal
movable or immoveable, and to do al
other matters and things necessar.
and proper in the management of thu
business of said corporation. The.
, shall appoint officers, agents, clerk
and employees and fix their salarie
and their duties, and seven of sal
Board shall constitute quorum TO
! the dispatch of or transaction of al
, business. Any vacancy occurring il
the Board of Directors, and shoul
: there be any vacancy occurring in tn
: office of president or should the presi
dent be absent or unable to act fror
: any cause, then the vice-presiden
shall act as president pro TEN. An
stockholder owning one share or NOR
shall be eligible as director, provide
that only one member of any firm sha
be eligible as a director.
ARTICLE VI.
a Whenever this corporation sha
K terminate, either by limitation or frol
any other cause, its affairs shall b
r liquidated under the superintendent
of three stockholders to be appointe
= for that purpose by general meetin
Of the stockholders. convened afte