The herald., 1920-02-19
STATE OF LOUISIANA.
RISH OF ORLEANS.

CHALIN DRUG COMPANY,
INCORPORATED.
STATE OF LOUISIANA.
PARISH OF ORLEANS.
CITY OF NEW ORLEANS.
RE 1T KNOWN That on this the Nine
teenth day of January, One Ihousanu
Nine Hundred and. Twenty, ana ol VI.
Independence of the United Slates vi
America, abe One Hundred ana for'''
Fourth.
GEoRGE JOSEPH UNTEREINER a
Notary Public in and for the Parish OF
Orleans. State of Louisiana, duly coin>
missioned. qualified and sworn, therein
residing and in the presence of the wit
nesses hereinafter named and undersign
ed. PERSONALLY CANE AND AM A AP-
FEARED JACOB IPSER ana MA
TiInA p. ZINMERMANN, widow OF
the late Louis L. Chalin. both of the fun
age of majority and residents or TINS
CITY. the President and Secretary ana
Treasurer of the Chalin Drug company,
Inc corporation created under the Jaw
of the State of Louisiana with ITS dohi'
Gle in the Parish of Orleans incorporat
ed by act passed before Albert GuilDauit
late Notary Public in this City on March
2s. 1914 recorded in the Mortgage o1ilce
for the Parish of Orleans IN Mor.Sa ~.
BOOK l1l9 at folio 40 as ammended by
act passed before Albert Guilbault late
Notary Public on December 18th, 1914.
registered in Mortgage office BOOK H.
at folio 69I: who declared that IN accord
ance with the act creating said Corpora
tion and in the act amendatory Thereon
n special meeting of the stockholders OF
the above named Corporation was helu
M its office No. 12l Decatur Street OF
this City after having given ten w
DAYS written notice to each person hold
ing stock therein at their last known
place of residence for the purpose oil
amending the act creating said COR
poration at which meeting all persons
/ Of al
ed Corporation were present, the follow
ing resolutions were presented and unani
mously adopted, viz r.,-r
Resolved that Articles ONE and FOUB
of the act creating this Corporation pass
cd before Albert Guilbault late Notar,
Public in this City on March 18th. 1914
as amended before the same Notary OF
December 2sth, 1914, be amended SO al
to read
The name and title of this Corpora
ton shall be the ChalinIpser Drug Com
pany Incorporated: and II shall have IN
! right to abbreyiate the term lncorporat
| ed by using the term Inc. in its plac
and stead: 1t shall have and enjoy Cor
porate existence for ninety-nin l99
| wears from March 2Sth. 1914. 1t shal
have power and authority under its cor
| porate name to, contract, sue and De sued
| To make and use Corporate seal. tn
| same to alter or destroy at pleasure: Il
| hold receive, lease, purchase, sell, con
vey pledge mortgage and hypothecat
/ its property, real, personal or mixed
to lend money on mortgage or other 50
| curity: TO borrow money and secure II
| PAYMENT by pledge or mortgage of II
| property, real, personal or mixed: L
| name and appoint such officers, direct
ors agents and other employees as IL
interest may require: TO make and e.
tablish such bylaws. rules and regula
| tons as may be necessary or proper 10
the management and control of its bus
ness and to carry out the objects an
purposes for which this Corporation wa
formed.
ARTICLE Nv.
The capital stock of this Corporate
Is hereby fixed at One Hundred Thou
sand $500 100000 Dollars; represented b
one thousand shares of the par value
4 one hundred ($100.00) dollars. All stock
this Corporation shall be fully paid. nor
J assessable and shall be evidenced b
stock certificates showing on their faS
its character and class with the fixe
} and guaranteed dividends to which
NAV be entitled; all certificates Of stoc
shall be issued by the Secretary an
Treasurer and be countersigned by Il
President. No certificates shall be II
, sued until the same shall have been fu
Iy paid in cash by services rendered
by property or other assets transferre
to the Corporation and accepted by Il
Board of Directors.
The Capital Stock Of this Corporate
shall be divided and treated in thr
seventy Thousand Dollars or Sev'
j Hundred shares of the Capital Stock
4 this Corporation shall be preferred sto'
I with guaranteed annual dividends herei
: after stipulated. viz
Three Thousand Nine Hundred Dolla
or Thirty Nine shares of the preferr'
n stock shall be known as Preferred Sto
q Glass No. One" and shall be guarantee
: an annual dividend Of ten per cent
IL IN zach share naVahlQ
! nually.
: The remaining Sixty-six Thousand o
|, Hundred Dollars or Six Hundred al
:. One shares of the preferred stock sh:
: be known as preferred Stock Class \
= Two" and shall be guaranteed an annu
: dividend of Eight (s) per cent OF
!. par value.
|. Ths preferred stock Glasses One al
Two" shall have no vote in the electi
l. Of directors of this Corporation. nor shi
n II have any voice in the control or manag
5 ment. of its business, saving to the hol
q er thereof the right only to examine {
r books from time to time for the prese
- walton and protection Of their interes
y Thirty Thousand Dollars or Thr
= Hundred Shares of the Capital Stock
: this Corporation shall be known
). Common Stock" so designated on I
certificates, subordinated in rank to
preferred stock and be entitled only
n such dividends as the Board of Directo
l. may direct after payment Of the dividen
: on the preferred stock and the debts d
u by this Corporation at the end of its 4
q cal year.
a No stock shall be transferred on I
', books Of this Corporation, nor shall a
|. stakeholder therein be permitted to $
y his stock until he shall have offered I
= same to the Board of Directors, for I
- benefit Of the Corporation, who sh
have the right within ten Q0) days frt
e the date Of said offer to purchase I
q stock offered at its book value: II
- stock offered be not purchased with
n this delay by the corporation,
n right shall accrue to the stockholders
le fering to sell same to the other stot
II holders or to strangers.
y Resolved further that the President a
% the Secretary and Treasurer of this c.
- poration: be and they are hereby dire
% ed to appear before George j. Unterein
!. Notary Public and put the foregoing re
~ buttons and amendments to the act
" Incorporation in legal form and to e
(. body them In authentic act, to CONF
y with the requirements Of law necesss
- to make them part of its act Of Inc
!" poration.
D, The whole as will more fully apps
le. by reference TO certified copy of
to foregoing resolutions annexed hereto a
E. made a part OF this act.
Appearers further declared that by
A. foregoing resolutions they were empow
P ed and directed to appear before me
er undersigned Notary cause an authen
4 act to be drawn Incorporating the 70
m going resolutions and carrying the sa
Z into effect and that they now for and
he behalf Of said Corporation declare,
r fore Albert Guilbault late Notary p
liz in this Parish m March oath Is