The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1918-12-28
CHARTER
THE HOME DRUG COMPANY. inc.

STATE OF LOUISIANA,
PARISH OF ST. MARY. {
Be it known that on this. the End day Of
the month OF December. In the year Of
our Lord Nineteen Hundred and Eighteen.
, efore me. Wilbur H. Kramer. Clerk, 23rd
Judicial District Court, st. Mary Parish.
| j.. uisiana. ex. officio Notary Public.
duly commissioned and qualified. and in
the presence of the witnesses hereinafte-
named and undersigned. personally c"me
and appeared the persons whose names
| are heTeunto subscribed. all Of the full age
cf majority and all residents of the Parish
| Of St Mary, State of Louisiana. who sew
orally declared that. awaiting themselves
| Of the provisions Of the Act Of the Legisla-
| iure of this state, being known as Act No.
90 OF the Session Acts Of 1914. they do. by
| tn. Sc presents. covenant and agree and
bind themselves. AS well as such other
persons as may become hereafter assocl.
ed with them. in order to form and con-
stltute a corporation and body polite in
! law, for the objects and purposes, and un-
der the stirulations following. to-wit:
ARTICLE l
The name and title Of this corporation
shall be: THE HOME DRUG COM.
PANY. NC" Of Berwick, La, ind
1t shall have and enjoy succession and eX>
istence for period Of ninety. nine years
from date hereof.
! 1t shall have. enjoy and possess all the
powers, rights and privileges and lmmu'
mites accorded to corporations under the
law.
ARTICLE IL.
The domicie of this cooperation shall
, he in the Town Of Berwick, st. hary Far.
i.h, Louisiana, where all citations and
other legal process shall be served upon
the President. and in case Of his absence
| upOn the Vice Preside ut, and in case OF
the absence of the Vice President, upon
the Secretary or Treasurer thereof.
AkTICl E,:I.
The objects and purposes for which this
| cOrpOi alton is organized. and the cbarac-
| lei of the business 10 he carried on ny II.
| are as follows: To engage in the sale mt
retail Of all drugs, chemicals and medicin-
| al prepa, a,innI; to compound and dis
pense ply >lcian'S pre>cIl ptlOn>: 70 retail
ali perfumes. toilet articles and accessories.
stationery. books. office and school sup
plies. paints novelties. notions, and all
other merchandise which from time TO
time it thall consider advantageous TO
deal in in connection with said business.
or which may he germane thereto. not
| prohibited by law. or III conflict with the
provisions OF this charter, and generally to
do all things necessary and proper, per-
tanning or incident to drug store.
ARTICLE w.
! The capital stock Of this corporation II
hereby declared to he the sum OF Ten
| thousand (SlO,UtW Coz Dollars, divided in
a.. One Hundred tlO) Shares Of the par
yalue OF. One Hundred ($lm.O' Dollars
each: of which amount SIxty-five CO..
! shares Of the total amount OF IS am W has
Icen subscribed and paid for. to.wit. at
the execution IT these presents.
The .maiDing thirty. hve ia Shares
Of the total amount "f 81 aoo w sba" ne,
| long to the I olpoi aik'n. Icing designated
/ as reasury Stock. to he l. sued from time
to lin e by the l;uard OF Directors I" such
/ persons and in such amount. ms II may
, uet m most advantageous Z" The c"rl ora
non: 10 lie paid i"r ~ cash or ihrr val
uaI IT, consideration. when Issued. never
less than its actual value, a. shown by the
books OF the corporation, at tht date 81 L.
suance and ut no time less Than lis par
value Of One Hundred l$IOUW) Dollars
4 il any stock sl,al, re sold by its owner.
to any one else, or presented TO the officers
If the corporation for transfer. 1t shall
irst lie rendered by the holder thereof to
the Board Of Directors of the corporation.
ut its book or nSlket value at that date,
"a b. G. nsidesed IL treasury Stock, and 10
lie sahl ~ tie Board Of directors in the
same rai.ner as here inaboNe provided for
Itea.ius stock; provided that n sa'fl
Beard II Di, ectovs tail within period o.
| he week HIt< L salu ttOuct u0S UecH uId'C'
ITO avail I,r-if # IFS option 10 purchase
then Tie .wIer thereof shall be at full
lilcIy 10 sci same other than 10 The
i,.ald 81 Dii cct"rs. or TO have same trans
fcued to such persons A. he may des'g'
nate.
No stock .hall be transferred except on
the books Of the corporations. and the per.
son 70 whom the shares are SO transferred
shall receipt for same.
! Gn The death OF any stOckhOIder, MS ie'
gal repl est NATIVE shall be entitled to as
sumo control of and transfer said stock to
his name.
ARTICLE v.
/: The corporate powers Of this corpO'
ration shalt he vested in Board OF Direc'
Tors. 10 lie cGAlOs' Il CT not more thar
SEVENTH stockholders and lot less thar
three 5, stockholders. msjority OF whom
shall constitute quorum; said Directors
TO lie elected at q general meeting, to bt
held on he first Tuesday in The mouth OF
July OF e.cn year. No person stall bt
eligible as = director unlcSs he owns IN his
own name one ID share, full paid, OF tht
capital sl' ok.
=: The i.oard Of Directors shalt have
the power to make all bylaws. l1les aht
yua,iOns u. cessary for the conduct q
The business affairs OF said corporation
g>haIl eject from their lunlber President
vjce.lresident. secretary aud Treasurer
or NAV ccmblne the office CT Secretary
Treasurer.
3: Until the election TO be held as here
| iuaho&e provided. the following sha II con