The herald., 1919-06-12

shall enjoy succession for ninety -nine years
from this date; it shall have power to con-
tract, sue and be sued in its corporate name;
to make and corporate seal and the
same to alter at pleasure; to hold receive
lease, purchase, convey, mortgage, hypothe-
cate or pledge property both real, personal
and mixed, and shall have and exercise in
general any and all powers conferred by
law upon similar corporations.
ARTICLE 1.-THE domicile OF this corpo-
ration shall be in the City of New Orleans:
State of Louisiana, and all citation and
other legal process shall be served on the
President and in case of his absence or dis
ability upon the Secretary Treasurer.
ARTICLE III.-The objects and purposes
for which this corporation is formed and the
nature of the business to be carried on by
it, are hereby declared to be, to conduct and
carry on a general pharmacy and drug busi'
ness, to compound and manufacture drugs
and chemicals, to buy, sell, deal in and
handle drugs, chemicals, soda water and all
other articles and kinds of merchandise; to
represent others agents or otherwise, in
said business, and generally to do and per.
form all things incidental to or connected
with the objects and purposes OF said bust
ness
ARTICLE IV.-The amount of the capital
stock of this corporation, shall be Twenty
Five Thousand (S2500O0O Dollars, divided
into Two Hundred and fifty (2S0) shares OF
the par value of One Hundred, $4,000 Dol
lars each. All stock subscribed for shall be
done, at such time and upon such terms and
conditions as the Board of Directors may
determine. No transfer of stock shall be
binding unless made upon the books of the
Company, and no sale other disposal of
said stock shall be valid unless the stock
be first offered in writing to the remaining
stockholders Of said Company for a period of
thirty days, at price not in excess OF the
book value of said stock the date Of
such offer, and all stock held or acquired in
this corporation shall be subject to this pro-
vision of the charter. The capital stock OF
this corporation may be increased to the
sum of Fifty Thousand (ss00OO Dollars in
conformity with law.
this corporation shall be vested in and its
business and affairs managed by a Board
of three Directors who shall be elected
nually at a meeting Of the stockholders on
The first Board of Directors shall consist
of George p. Kaufman, Lionel b. Dayries
and J. Arthur Dayries, with George p. Kauf-
mann President, Lionel B. Dayries as
Secretary Treasurer, who shall hold office
until the first Monday in January, 1921, or
until their successors shall have been elect
ed and qualified. Failure to elect directors
at the annual meeting shall not dissolve the
corporation, but the directors in office shall
remain until their successors are elected and
qualified. Each subsequent Board of Dircc-
tors shall elect as soon possible after
their election, a President, a Vice-President
| and Secretary-Treasurer; all vacancies in
| the Board of Directors shall be filled by
| the remaining directors. The Board of Di
| rectors shall have power to make any and
| all bylaws and regulations necessary for
! the management of the corporation. Two
members Of the Board shall constitute a quo
rum for the transaction of business.
| ARTICLE VI.-This charter may be
| amended by the vote Of two-thirds Of all of
its stock, or may be dissolved and liquidated
IN accordance with law. No stakeholder
shall ever be held liable for the faults or
| contracts OF this corporation in any further
| sum than the unpaid balance due to the cor
poration on the shares owned by him; nor
shall any mere informality have the effect
OF rendering this charter null or exposing any
stakeholder TO any liability other than as
above provided.
! The subscribers hereto have respectivel y
written opposite their names the amount OF
stock subscribed for by them in this corpora.
ton SO That this act OF incorporation may
also serve as the original subscription list
Thus done and passed at my office in the
City OF New Orleans, State Of Louisiana, on
the day, month and year first hereinabove
written in the presence of Bessye Mulvey
and John I. Hawkins, competent witnesse.
OF lawful age and residents of this City
who hereunto sign their names with saie
sppearers and me, Notary, after due read
ing Of the whole.
Witnesses: B. Mulvey, J. I. Hawkins.
Original Signed Geo. P. Kaufman, 1872
shares; J. Arthur Dayries, 1901 Pine ST.
New Orleans, La, Sixty-two shares; L. B
. Dayries, l1n Pine St, New Orleans, Ia.
c. C. GILL.
! Notary Public
: l., the undersigned. Recorder of Mortgage.
S IN and Tor the Parish of Orleans, State o
!. Louisiana, do hereby certify that the abov
c and foregoing act Of Incorporation of N
: Newcomb Pharmacy, Inc, was this day dul
: $50. '--o' run
New Orleans, May %, 1919
J. .CSigned EMILE J. LEONARD. DIV. T
d true copy Of the original act of incorn,
:. ration of the Newcomb Pharmacy. Inc |,
J. gether with the certificate of the Recorder
e mortgages for the Parish of Orleans. there
10 my office. " 'e0o'
N c. C. GILL,
II May D-Juiy ,. s ruo'c.