The herald., 1919-06-26
CHARTER OF NEwcoMB PHARMACY.
INC.

United States of America. State Of Louis
lana, Parish of Orleans, City or New or
leans Be it known, that on this Twenty
seventh day of the month OF May, IN the
wear of our Lord, One Thousand Nine Hun
dred and Nineteen. before me- Charles u
Gill. a Notary Public in and for the Parisn
of Orleans, State of Louisiana, herein resld'
ing and in the presence of the witnesses
hereinafter named and undersigned, person
ally came and appeared the persons whose
names are hereunto subscribed, who de-
clared that availing themselves of the pro-
visions of the laws of this state relative to
the organization of corporations, they have
covenanted and agreed and by these pres,
ents do covenant and agree and form and
constitute themselves, as well as such per-
sons as NAV hereafter join or become assc-
ciated with them, into corporation, tor the
objects and purposes and under the stlpula'
tons following, to-wit:
ARTICLE 1.-THE name of this corporation
shall be "Newcomb Pharmacy, Inc" and ii
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 a corporate seal and the
same TO alter at pleasure; to hold, receive,
lease, purchase, convey, mortgage, hypothe.
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 bust
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 as 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 amour, of the capital
stock of this corporation, shall be Twenty
Five Thousand (S25,OO00O Dollars, divided
| into Two Hundred and fifty (250) shares o.
the par value OF One Hundred, $4,000 Dol
lars each. All stock subscribed for shall be
| paid for in cash or property received or laboi
| done, at such time and upon such terms anC
! conditions as the Board of Directors may
determine No transfer of stock shall bt
binding unless made upon the books of th'
| Company, and no sale or other disposal o
| said stock shall be valid unless the stool
| be first offered in writing to the remaining
stockholders of said Company for period o
| thirty days, at a price not in excess of tn
| book value of said stock, on the date o
such Offer and all stock held or acquired il
| this corporation shall be subject to this pro
vision Of the charter. The capital stock o
this corporation may be increased TO tn
sum of Fifty Thousand $4,000 Dollars i
conformity with law.
ARTICLE V.-All the corporate powers o
this corporation shall be vested in and it
business and affairs managed by Boar
Of three Directors who shall be elected an
nually at meeting of the stockholders o
the first Monday of January in each yeaI
The first Board of Directors shall consis
of George P. Kaufman, Lionel B. Dayrie
and J. Arthur Dayries, with George P. Kau
mann as President, Lionel B. Dayries a
Vice President, and ]. Arthur Dayries a
Secretary Treasurer, who shall hold offic
until the first Monday in January, 1921, c