St. Landry clarion. (Opelousas, La.) 1890-1921, 1910-10-15


corporate name, property real, personal
and mixed; to name and appoint such
officers, directors, agents and managers
or employees, as the interest and con-
venience of said corporation may re-
quire; to make and establish such by-
laws, rules and regulations for b e
proper management and regulation of
IFS affairs as it may deem necessary and
proper, and the same to change and
alter at pleasure; and to do all other
acts and things as are, or may be, neces
sary and proper. to carry out the OBJ
Jects and purposes OF said corporation;
n said corporation, unless ooner dis
solved in accordance with this charter,
shall exist and continue for and during
the period Of ninety-nine years from
the date hereof.
ARTICLE 2.
The president, and in his absence,
the vice-president, shall be the proper
person upon whom citation or other
legal process shall be served.
ARTICLE 8.
The object and purposes for which
this corporation is organized, and the
nature of the business to be conducted
n carried on by it are hereby de-
clared to be as follows: To conduct
and carry on, in the City of OpeIousas,
La, a retail drug business; to fill pre-
scr1ptions, to buy and sell by retail,
drugs, proprietary and patent medi-
clnes, toilet articles, perfumery, soaps,
etc.; surgical instruments and appli-
$nces, tobacco, cigarettes and cigars,
druggists sundries, and in fine, to buy,
sell and deal in all articles of merchan-
disc usually found in a drug store, and
incident to the carrying on of such
business to manufacture from t h e
original substances,-medical c M
pounds and prescriptions.
ARTICLE 4.
The capital of said corporation shall
be Ten Thousand Dollars (Sl0,OOOl di-
yided into and represented by n hum
dred (l00) shares of the sum of one hum
dred dollars each, which said stock shall
be paid for in cash at the time of sub
scrIptlon or the same may be issued at
not less than par in payment or ex-
change for property or rights actually
received or purchased by said corpora
tlon, or the same 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-
celved by the said corporation.
ANY stock holder may sell, assign or
transfer his stock in his 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
Company shall begin business as soon
as Three Thousand Dollars shall have
been subscribed. and paid up.
ARTICLE 5.
The business of this corporation shall
be managed by, and all its corporate
powers shall be vested in, a Board of
Directors composed of three stock
holders to be elected annually on the
first day of September of each year.
AT their first meeting in zach year.,
said Board shall elect a of their mem
bers as President, another as Vice-Pres-
The Board shall, at It's frstI
meeting in each year, elect a manager,
secretary and treasurer and fix their
The manager and treasurer shall be
but b secretary may or
may not be a stockholder.
ARTICLE 6.
At all elections for the Directors theI
persons receiving the votes of the ma
IorIty in amount of the capital stock of
said company shall be declared elected,
and at all meetings of the Board of Di-
tectors the action of the majority in +,
lurnber present shall prevail. A ma !
Iority Of the Board of directors shall !
constitute a quorum for the transaction
If business 8,
ARTICLE Z. ]
Said Board of Directors shall have |
authority to fill all vacancies, and shall |
full power to make and establish, {
IS well as change and alter at pleasure, Z
III such bylaws, rules and regulations
or the support and management of the (
.ffairs OF said corporation as they may {
leem necessary.
ALTICLE 8.
All checks, drafts and notes shall be {
igned by the President and Manager, +
nd in case of their inability, due to :
heir absence, by the Treasurer. +
ARTICLE g. 2
All elections for Directors shall be t
Leld at the office of the Company on 9
he first day of September of each year, Q
.nder the supervision of two Commits
to be appointed by the Board of
lirectors. a
hall be given in writing to each stock P
Older by the Secretary. .
ARTICLE 10. =
Failure for any caase to hold an cleo h
for the Directors on the.day above E
peci1ed shall not dissolve said eorpor- s
ton, but those in office shall hold over
ntII their successors are elected. Il
ARTICLE III. n
The first Board of Directors shall con- y
lst of Mason Mcbride, DR.. M. w. 3
words and w. G.. Fowler. Mason Me- ?
ride shall be President, Manager and Y
treasurer, DR.. M. W. Swords shall be .
tce-President and w. g. Fowler Sec T
starry. !
Said Directors and officers shall con- ~
nue. in office until the First day of Z
1911, or until their sue a
shall have been elected and u
ualified. Y
ARTICLE u. J.
At all elections for the Board of Di- 2
every share Of stock duly paid +
p shall be entitled to n vote. Z,
ARTICLE I3. 4
No stakeholder of the corporation j,
lali ever be held liable for the CON- @
acts or faults of said corporation in j.
further sum than the unpaid bal j.
ice of the shares of its capital stock III
by him, nor shall n mere in b
rmality in organization have the eff r
ct of rendering this charter null, or
Iposing a stakeholder to any liability
syond such unpaid balance.
ARTICLE IA.
This charter may be amended, altered
changed, or said corporation NAV be 19
ssolved at any general meeting Of theI
ockholders convened after fifteen
written notice to each of the stock
,lderS at which meeting the opinion of
three-fourths of the capital stock Of