St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-09-24
Charter of
THE CENTRAL PHARMACY. LTD.
State OF Louisiana,
Parish of st. Tammany

Parish of St. Tammany
Town of Slidell.
day of the month of August, il
Be it known that on this thirtietl
the year One Thousand Nine Hun
dred and Ten, before me, e. Elmo
Bollinger, Notary Public for the par
ish of st. Tammany, State of Louisi
ana, personally came and appeared
the parties whose names are hereto
subscribed, all of full age, and citi
zens of Slidell, this parish and State
who declare that, availing them
selves of the provisions of the laws
of this State, relative to corpora
lions, and especially to Act No. sc
Louisiana, they have covenanted an6
OF 1888, of the General Assembly Of
Louisiana, they have 'covenanted and
agreed, and by those presents cove.
nant and agree, and bind themselves
as we'll as such other persons as may
| hereafter become associated with
| them, to form and constitute a cor
poration and body polite in law, for
the purposes and objects, and under
1.-THE. stipulations, articles and condi-
lions following, to-wit:
ARTICLE I.
The name and title Of this corpora
ton shall be THE CENTRAL PHAR-
MACY, LIMITED, and it domicile is
hereby established in the town of
slidell, parish of St. Tammany, State
OF louisiana; and under it's said
corporate name, said corporation
Shall have power and authority to
contract, sue and be sued, to make
and use corporate seal, and the
same to break and alter at pleasure,
to hold, receive, have prchase, i'm
prove, ALLEVIATE, convey, sell, borrow,
pledge, mortgage and hopOthecate,
under its corporate name, property,
real personal and mixed, to name
and appoint such officers, directors,
agents and managers, or employees
as the interest or convenience of said
corporation may require; to make
and establish bylaws, rules and
regulations, for the proper manage
ments of its affairs, as may be Deem
ed necessary and proper, and the
same to change and alter at pleas
ure; and to do all other acts and
things permitted by law, or shall or
may be necessary and proper to carry
out the objects and purposes of said
corporation.
Said corporation, unless sooner
in accordance with it's
charter, shall exit and continue for
the period of ninety-nine years from
and after the date hereof
The president, or in his absence,
the yice-president shall be the proper
persons to whom all citation and
other legal process shall be served.
ARTICLE II.
The objects and purposes for
which this corporation is created,
and the nature of the business to be |
carried on by it, are hereby declared |
% be:
To operate a retail drug store for
he purpose of filling prescriptions,
and dealing in all other kind of |
1rugs and medicines, and everything
Incidental or connected with a first
lass, up-to-date, progressive, retail |
irug business.
ARTICLE III.
The capital stock of said corpora
len is hereby fixed at the sum of
i've thousand (S5,00O.00) dollars,
divided into, and represented by
fifty (50) shares of the sum of one
hundred dollars ($100.0O) each,
which shall be paid for in cash, or
n the purchase of property, or other
ervices rendered as the board of
directors may elect.
All shares shall be fully paid and
Any stakeholder
nay sell, assign or transfer his
took in this corporation, provided
hirty days notice of such intention
O sell, assign of transfer the same
re given the company, and the other
tock-holders thereof shall have the
rst privilege of purchasing the
anne, after which thirty days notice
he stock may be sold in open
larket
The stock of said corporations may
e transferred under the above condi-
ions, provided such transfer there
f be made on the books of said COM
any at Slidell, and on surrender of
he certificates therefor; no transfer
f any fractional part of a share
hall be made.
This corporation shall co mence
Ding business as soon as twenty
We hundred dollars ($2,500.00) dol
hrs of the capital stock shall have
cen subscribed and paid for.
The board of directors shall have
be right to designate how much
took shall be issued.
ARTICLE w.
The corporate powers of this COM
any shall be vested in and exercised (
y a board of three directors,
onsisting of president, vice presi-
ent and secretary, who shall also be
he treasurer and manager of said !
Two of said board shall constitute
quorum for the transaction of bust
ess.. and their decisions shall be
aid corporate acts; no member of
he board of directors to own less
han three shares of stock.
The following persons shall consti
ute the first board of directors: w.
Trippen, president; DR.. e. P. de
'allard, vice president; J. M. Olivier,
ecretary-treasnrer. During the
bsence of the president the vice
resident shall act and preside. II
Said board shall continue in Office
ntil the first Wednesday in October,
me Thousand Nine Hundred and
en-, on which date, and thereafter,
the board of directors shall
e elected on the first Wednesday in
october in each year, unless the
anne should be a holiday, when the
lection shall be held on the next
agal day thereafter.
Notice of such election shall be
iven at least ten (10O days written
office, mailed at the last known ad-
racc of ovcrv cfook- h n1dor. and tho