The weekly Iberian. (New Iberia, La.) 1894-1946, 1913-03-08
ESTORGE DRUG co.

DRUG CO
articles and products: to hold. own
and ac luire, Ivy lease or purchase,
real estate, farms and other prop
crty, and to cultivate or operate.
lease. rent or sell the same, or any
plant, property or product that y
may own; to acquire swamp or
other wood lands, and to make the
timber and logs thereon into lnm-
her and like products. and to buy
aud sell timber, logs and lumber;
TO &C Juirc, hold. own and sell. and
also to vote on stock in other cor
pOratiOns: TO raise, own, purchase
and sell and Craze live stock; to
do a general agency and commits
sion business: to buy, sell and
| handle coal, paints and oils, sad
dlery and harness. and other NOR
chaudise, 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
or machinery and implements, fur
nishings and fittings to sell and
dispose of the output and pro-
ducts Of the plantations, factories
and other holdings of this corpor-
alton: and generally to do all and
whatsoever may he necessary TO
carry out the above objects and
purposes.
ARTICLE Nv.
This corporation may sue and be
sued i'm its corporate name, hold,
have, receive, purchase, convey,
sell, mortgage, hypothecate, pledge,
lease and sub-leasc, and enjoy real
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 aud 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, az 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 t.
possess.
ARTICLE v.
The capital stock of this corpor-
alton 10 hereby fixed at Thirty
Thousand Dollars 3O,OOO.00l, rep
resented by Three Hundred 600
shares of One Hundred Dollar.
$4,000 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 BoarC
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 the
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 10 the Board of Direc-
tors of the fact, and il the Direc-
tors have not sold same to stock
holders of this corporation or &c
other parties, within that period
then the shares may be offered and
: sold by their owner on the open
market.
: This corporation shall begin bur
siness as soon as one hundred 600
/, shares of stock shall have beer
: subscribed for.
The following named persons are
declared to be the incorporators
Of this Company, with the number
!, Of shares subscribed for opposite
/, their names, to witt
n A. A. Bernard, Fifty (5O) shares
Il A. c. Bernard. Fifty (50) shares; W
J. Bernard, Fifty go shares; 4. L
Bernard, Fifty (50) shares; Mrs
, Lily NJ. kimball, Forty Five as
: shares; r. A. Bernard, Fifty $50
S shares; H. A. Kimball, Five Is
shares.
ARTICLE vi.
All the corporate powers of thi,
corporation shall be vested in ant
: exercised by, q Board OF six direc.
tors, each of whom must own Al
!, least one share OF the capital stocl
e thereof, they to be elected annu
D ally, at general meeting of stock.
holders to be held on the frs
Tuesday of February of each wear
! each stOckhOlder to be notified il
writing ten days prior thereto
:. Said election shall be by ballot, n
: the office Of the said corporation
under the supervision of one com
missioner to be appointed by tn,
+ President. Each share of stocl
shall entitle its owner to one vote
either in person or by proxy, ant
the majority of votes cast shall O.
lect. The failure to elect direc
tors on the date specified abovi
shall not dissolve the corpora
) ton, but the directors then in or.
flee shall hold office until thei,
: succe ssOrs are elected, and the,
: shall, as soon as possible. cause al
/, election to be held, as above pro
I, vided. Three directors shall con.
stitute a quorum for the transac.
ton Of business, and the Board O
, Directors shall, at their first meet.
ing following the annual election
elect one Of their number to bt
President, another to be Vice-pres.
ident, and another to be secone
vice-president. They shall also
/. elect Secretary and Treasurer
and General Manager, but these
last named e0fficera need not bt
chosen from the stockholders or di.
, rectors, and the same person NAV
fill the tv,A affscoa nul ro.:x...ss