Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-10-23
Article Z.

Said corporation shall have power ID
sue and be sued by its corporate name.
to render the interests Of its stockhold-
ers transferable to exempt the private
property Of its members from corr
porate debts. to make contracts ac-
quire and transfer real and personal
property, TO establish by-laws and
make such rules and regulations for its
own management as 1t may deem ex.
pedient.
Article 3.
The object OF this corporation shalt
be to conduct general wholesale and
retail drug business and to acquire.
hold or transfer real or personal prop-
erty incident to that business and to
INCEST the proceeds of the corporation
in such real or personal property as It
may be deemed expedient and to
| transfer the same.
Article L.
The authorized capital stock 10
$50, 900 which shall be issued in shares
Of $1,000 each. to be paid UP in full
at the time of issue. Additional stock
may be issued at such times and on
such conditions as the board Of direc-
tors shall determine.
Article 5.
This corporation shall commence
bushes son the first day of July, 1895,
or as soon as its articles are recorded,
and shall continue for the term OF
twenty years with power Of renewal
as provided by law.
Article 6.
The officers shall consist of a presi-
dent, vice president. secretary, and
| treasurer. who shall hold their offices
for one year or until their successors
are elected and qualified.
The above named officers shall to-
gether constitute the board Of direc-
tors. Such board may also appoint
such other officers or agents as they
may deem necessary and may remove
the same at pleasure. The stockholders
may adopt such bylaws as they zee
fit at any general or special meeting
and alter the same at pleasure. Until
the first annual meeting the officers
shall be as follows: President. w. s.
Will; secretary. r. w. Mcbride; treas
urer. e. c. Will.
Article Z.
Annual meetings for the election Of
officers and the transaction Of other
business shall be held on the frst
Monday in October 1895, and each year
thereafter. At such annual meetings
or at special meetings each stockhold-
er shall be entitled to one vote Tor.
every share Of stock held by him.
which vote may be cast by himself or
by written proxy. The secretary shall
give at least ten days notice OF tho
time and place of holding Of each an
nual meeting and at least three days
notice Of each special meeting, which
notice shall bc in writing addressed to
the ordinary reputed postonice of such
stockholders. Special meetings Of the
Stockholders can be held whenever
ordered by the board Of directors or
! when requested in writing by the own.
ers of one-third Of the capital stock.
The secretary shall state In the call the
object of such special meeting and the
| business Of such meeting shall be con-
fined to the object SO stated.
Article 8.
/: The highest amount Of Indebtedness
or liability to which said corporation.
| is at any time to be made subject shall
not exceed two-thirds Of It's paid up
capital stock The private property Of
the Individual, stockholders shall DO
exempt from corporate debts.
Article 8.
These articles Of incorporation may
be amended OF altered 1t any regular
or special meeting by vote Of two
thirds Of the stock outstanding. pro.
vided notice OF such amendment shall
| be given as heretofore preceded to each
stakeholder at least ten days before
such meeting. -
| J. NJ. ALEXANDER,
President OF the Mcbride q Will Drug
Company.
Attest: QUINCEY ALEXANDER,
Secretary of the Mcbride q Will DRUG
l Company.
F. e. NoRTHUP.
- Attorney at Law.