The weekly Iberian. (New Iberia, La.) 1894-1946, 1913-02-22
ESTORGE DRUG co,

articles and products to hold. own
and acquire, by lease or purchase
real estate, farms and other prop
erty. and to cultivate or operate,
lease, rent or sell the same, or any
plant, property or product that 1t
may own; to acquire swamp of
other wood lands, and to make the
timber and logs thereon into lum-
Der and like products, and to buy
and sell timber, logs and lumber:
to acquire, hold, own and sell, and
also to vote on stock in other cor
pOratiOnS; to raise, own, purchase
and sell and Craze live stock; 70
do q general agency ana commls,
sion business; to buy, sell ana
handle coal, paints and oils, sad
dlery and harness, and other mer-
chandise, and to carry on mer-
camille business; to acquire, erect,
own, purchase, operate and con-
duct fOundries and machine shops,
and to carry on, conduct and DO a
general foundry and machine shop
business; to buy and sell all kinds
of machinery and implements, fur
nishings and fittings; TO sell and
dispose of the output and pro-
duets of the plantations, factories
and other holdings OF this corpor-
alton; and generally to do all and
whatsoever may be necessary 10
carry out the above objects and
purposes.
ARTICLE Nv.
This corporation may sue and be
sued in its corporate name, hOid,
have, receive, purchase, convey,
Fell, mortgage, hypothecate, pledge,
lease and suitcase, and enjoy rea!
and personal property; borrow
money and give mortgages and
pledges on property to secure the
said borrowed money; make and
use corporate seal, the same to
alter and break at pleasure; name
and appoint directors, officers,
managers, clerks and employees,
as the interest and convenience OF
said corporation may require
make and establish such bylaws,
rules and regulations for the pro-
per management, control and reg
ulatiOn of the affairs OF said cor
poratiOn, as may be necessary, and
the same to alter and change al
pleasure; and possess all rights
powers and privileges, to which
corporations are or may be by any
general or special laws OF this
State authorized and entitled to
possess.
ARTICLE V.
4 The capital stock of this corpor-
alton IS hereby fixed at Thirty
Thousand Dollars $3O,OOO.00), rep
resented by Three Hundred 800
shares of One Hundred Dollar!
$500. OO) each. All Of the stock il
this corporation subscribed for
shall be payable in cash or in prop
erty, real or personal, on sucl
terms and conditions as the Boaro
of Directors thereof may deter
mine. All transfers of stock shall
be made on the books of the Com
, pany and shall be signed by Thu
stakeholder or his attorney in fact
; ANY stakeholder desiring to dis
pose of his shares in this corpora
ton, shall give thirty days writ
ten notice to the Board of Direc.
tors of the fact, and ii the Direc.
tors have not sold same to stock.
holders of this corporation or Il
other parties, within that period
then the shares may be offered ant
sold by their owner on the Oper
market.
This corporation shall begin bu-
siness as soon as one hundred 600
shares of stock shall have beer
subscribed for.
The following named persons are
declared to be the incorporation.
of this Company, with the number
OF shares subscribed for opposit.
/, their names, to w.t.
i, A. A. Bernard, Fifty (5O) shares
, A. G. Bernard Fifty $50, shares; w
J. Bernard, Fifty t5O) shares; L. l.
Bernard, Fifty 500 shares; Mrs
} Lily M. kimball, Forty Five AS
shares; X. A. Bernard, Fifty 80
shares; II. A. Kimball, Five Is
: shares.
ARTICLE vi.
All the corporate powers Of thi!
corporation shall be vested in anC
exercised by, Board of six direc.
} tors, each of whom must own a
least one share OF the capital stool
thereof, they to be elected ANN
, ally, at general meeting of stock
holders to be held on the frs
Tuesday Of February Of each year
each stakeholder to be notified il
writing ten days prior thereto
.. Said election shall be by ballot, a
the office Of the said corporation
under the supervision of one com
missioner to be appointed by tn,
President. Each share of stool
shall entitle its owner to one vote
either in person or by proxy, ant
the majority of votes cast shall e
lect. The failure to elect direc
: tors on the date specified abov,
shall not dissolve the corpora
ton, but the directors then in OF
flee shall hold office until thei
successors are elected, and the,
shall, as soon as possible, cause al
election to be held, as above pro
vided. Three directors shall con
; stitute q quorum for the transac
ton of business, and the Board O
Directors shall, at their first meet
; ing following the annual election
J elect one of their number to b,
President, another to be Vice-pres
} ident, and another to be secont
; Vice-president. They shall ais,
elect Secretary and Treasurer
: and q General Manager, but thes.
! last named officers need not b,
: chosen from the stockholders or di
!, rectOrs, and the same person ma,
I'll! the two offices and positions