St. Landry clarion. (Opelousas, La.) 1890-1921, 1910-09-17

ARTICLE 2.
The president, and in his absence,
the Vice-president, shall be the proper
person upon whom citation or other
process shall be served.
ARTICLE s..
The object and purposes for which
this corporation is organized, and the
nature of the business TO be conducted
and carried on by it are hereby de-
c1ared to be as follows: To conduct
and carry on, in the City of 0pelousas.
La, D retail drug business; to fill pre-
scriptions, TO buy and sell by retail,
toilet articles. perfumery, soaps.
ETC.; surgical instruments and appli-
ances, tobacco, cigarettes and cigars,
sundries, and in tines to buy,
sell and deal in all articles of merchana
disc usually found in a drug store, and
incident to the carrying on of such
business to manufacture from t e
original INSTRUMENTATION c o M
pounds and prescriptions.
ARTICLE 4.
The capital of said corporation shall
be Ten Thousand Dollars (S1G,OOO1 di-
yided into and represented by one hun
dred (l001 shares of the sur of one hum
dred dollars each, which said stock shall
be paid for in cash at the time of sub
scription or the same may be issued at
not less than par in payment OF ex-
change for property or rights actually
received or purchased by said corpora
ton, or the sane may be Issued full
paid for money advanced and for such
other valuable considerations or SER
vices as the board of directors of said
Company may determine, provided
that no stock shall be issued until the
consideration therefor has been re-
by the said corporation.
Any stock holder may sell, assign or
transfer his stock in this corporation
provided thirty days prior notice of
such intention to SELL assign or trans
fer be given the company, and the 9TH
er stockholders thereof shall have the
first privilege of purchasing same, after
which thirty days notice the said stock
may be sold in open market. The
shall begin business as soon
as Three Thousand Dollars shall have
been subscribed. and paid up.
ARTICLE s.
The business of this corporation shall
be managed by, and all Its corporate
powers shall be vested in, a Board of
composed of three stock
holders to be elected annually on the
first day of September Of each year.
At their first meeting in each year,
said Board shall elect n of their mem
bers as President, another as Vice-Pres-
ident. The Board shall, at It's first
meeting in each year. elect q manager,
secretary and treasurer and fix their
salaries
The manager and treasurer shall be
stockholders, but the secretary may or
may mo- be q stakeholder.
ARTICLE 6.
AT all elections for the Directors the
persons receiving the votes of the ma
in amount of the capital stock of
said company shall be declared elected,
and at all meetings of the Board of Dis
rectors the action of the majority IN
number present shall prevail. "a ma
iority OF the Board of directors shall
constitute a quorum for the transaction
Of business
ARTICLE 4.
Said Board Of Directors shall have
authority to fill all vacancies, and shall
have full power to make and establish,
as well as change and alter at pleasure,
all such bylaws, rules and regulations
for the support and management of the
affairs of said corporation as they may
deem necessary.
ALTICLE 8.
Ali checks. drafts and notes shall be
signed by the President and Manager
and In case Of their inability, due to
their absence, by the Treasurer.
ARTICLE 9.
ALI elections for Directors shall be
held at the office Of the Company on
the first day of September OF each year,
under the supervision of two Commits
sioners to be appointed by the Board OF
Directors.
Ten days prior notice Of each election
shall be given in writing TO each stock
holder by the Secretary.
ARTICLE 10.
Failure for any cause to hold an cleo
ton for the Directors on the day above
specified shall not dissolve said eorpor-
ations but thosein Office shall hold over
until their successors are elected.
ARTICLE IL.
The first Board of Directors shall con-
sist of Mason Mcbride, DR.. NJ. w.
swords and w. CT. Fowler. Mason Nc
Bride shall be Presidents Manager and
Treasurer, DR.. NJ. W. Swords shall be
Viee-Prestdent and w. G. Fowler Sec
rotary.
said Directors aud officers shall con-
tinue in office until the First day of
Septem Der. 1911, or until their sue
cessors shall have been elected and
qualified.
ARTICLE II.
At all elections for the Board Of Di-
Testors, every share of stock duly paid
up shall be entitled to b vote.
ARTICLE ID.
No stakeholder of the corporation
shall ever be held liable for the con-
tracts or faults of said corporation IN
any further sum than the unpaid bal
of the shares of Its capital stock
owned by him, nor shall any mere In.
formality in organization have the eff
feet of rendering this charter null, or
exposing a stockholder to any liability
beyond such unpaid balance.
ARTICLE Ia.
This charter may be amended, altered
or changed orsaid corporation may be
dissolved at any general meeting of the
stockholders convened after fifteen
written notice to each of the stock
holders at which meeting the opinion
of three-fourths of the capital stock
shall prevail, and in case of the dissOlu-
ton Of the charter being determined
by a like vote the stockholders
shall select two stockholders to liqui-
date and settle the affairs of the corpor-
alton.
In case of the death or resignation
Of n of the l%iquidators, the surviving
shall select another stock
holder to I'll the vacancy.
This corporation may be dissolved at
any time without publication or notice
by the unanimous consent of all its
stockholders.
Thus done, passed and signed at my
office in the City Of Opelonsas, La. on
the day and date above written, in the
presence of Archie Dunbar and Ghas.
p. Hollier, competent witnesses who
have signed with the appearers and
me-, Notary, after reading of the whole.
Mason Mcbride,
NV. Swords,
W.. G. Fowler,
Witnesses:
Archie Dunbar,
Chas. f. HoIlier.
ri n EsTORGE.