St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-10-15
Charter Of
THE CENTRAL PHARMACY. ltd.
State of Louisiana.

) State of Louisiana.
; Parish of st. Tammany
- Town of Slidell.
day of the month of August, il
Be it known that on this thir1iet,
) the year One Thousand Nine Hun
cred and Ten, before me, E. Elm
Hollnger, Notary Public for the par
ism OF st. Tammany, State of Louisi
ana, personally came and appeare,
the parties whose names are heret
subscribed, all of full age, and citi
zens of Slidell, this parish and State
VINO declare that, availing them
selves OF the provisions of the law
OF this State, relative to corpora
lions, and especially to Act No. 81
Louisiana, they have covenanted ant
of 1888, of the General Assembly o.
Louisiana, they have covenanted ant
agreed, and by those presents cove
nant and agree, and bind themselves
as we'll as such other persons as NAV
hereafter become associated with
them, to form and constitute a cor.
poration and body polite in law, fo1
the purposes and objects, and under
the st1pulations, articles and condi-
lions following, to-wit:
ARTICLE I.
The name and title of this corpora
tion 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 a 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 it's 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 it's 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
dissolved, 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 vice-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
to be:
To operate retail drug store for
the purpose of filling prescriptions,
and dealing in all other kind of |
drugs and medicines, and everything
Incidental or connected with a first /
class, up-to-date, progressive, retail |
drug business.
ARTICLE III.
The capital stock of said CORPORA
Ion is hereby fixed at the sum of
i've thousand ($5,OOO.O0) dollars,
divided into, and represented by
1fty (5O) shares of the sum of one
hundred dollars (s1O0.00) each,
which shall be paid for in cash, or
n the purchase of property, or other
services 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 | t
e transferred under the above conli- i
ions, provided such transfer there
f. be made on the books of said COM t
any at Slidell, and on surrender of | 8
ne certificates therefor; no transfer t
t any fractional part of a share |
hall be made. II
This corporation shall CO mence
DING business as soon as twenty
We hundred dollars ($2,50O.0O) dol
Irs of the capital stock shall have
cen subscribed and paid for.
The board of directors shall have
lie right to designate how much e
ock shall be issued. .
ARTICLE w. 2
The corporate powers of this COM O
any shall be vested in and exercised
Y board of three directors, I
insisting of president, vice presi-
emit and secretary, who shall also be
lie treasurer and manager of said .
Two of said board shall constitute
quorum for the transaction of bust
ess, and their decisions shall be
lid corporate acts; no member of
e board of directors to own less
an three shares of stock.
The following persons shall consti-
tie the first board of directors: w.
Tippen, president; DR.. E. P. de
allard, vice president; ]. M. Olivier,
cretary-treasurer. During the
'sence of the president the vice
esident shall act and preside.
Said board shall continue in Office
It'll the first Wednesday in October,
he Thousand Nine Hundred and
IN, on which date, and thereafter,
lnually, the board of directors shall u
elected on the first Wednesday in =
,tober in each year, unless the
me should be holiday, when the
ection shall be held on the next
gal day thereafter.
Notice of such election shall be
ven at least ten (10) days written
tice, mailed at the last known ad-
ess of every stakeholder; and the
"a I'd of diractnrs shall annairt ono