The daily morning oasis., 1920-09-03
Articles of Incorporation
Phillips-Reid Drug Company

| hNOW ALL MEN D1 nEoE
PRESENTS: That we, the under
signed, do hereby associate ourseI-
YES togethe. for the purposes OF
forming a corporation unde, the laws
of the State of Arizona, and do here
by adopt the following Articles OF
Incorpcl alton.
ARTICLE 1.
The names, residences, and post
office addresses of the inccrporators
are as follows: w. ]. Phillips, No
gales, Arizona, and R. V. Reid, No
gales, Arizona.
ARTICLE II.
The name of this corporation is
"PHILLIPS-REID DRUG CON-
PANY, INCORPORATED
ARTICLE III.
Its principal place OF business shall
be No.ales. Santa Cruz County, Ari-
zona, but branch offices may be
maintained at any place OF places
which NAV suit the requirements OF
this corporation.
ARTICLE w.
The general nature of the bust
ness proposed to be transacted by the
corpora. ion is a follows, tc-wit:
To purchase and operaae retail and
wholesale drug stores; to buy and
sell, import, export, and zeal IN at
wholesale and retail all drt gs, med
icines, paints, chemicals, oils, dye
stuffs, glassware, toilet and fancy ar
ticles, brushes and brIstle goods fan
cy gooGs, druggists sundIIes soaps,
perfumes, liquors, surgical instrum-
emit, rubber goods, appliances and APP
paratus physicians and hospital sup
plies, pharmaceutical AMI general
merchandise, and all other goods and
other articles pertaining to the drug
business. to engage in business as
statioEsrs and to buy and sell, i'm
port, export, and otherwise deal in
books, pens, pencils, inks, writing
papers, and all other goocs and ar
ticles pertaining to the stationery
business; to operate SODA water
fountains and sell therefrorm soda
water, ices. ice cream and all other
article, and food stuffs generally
lealt in and sold in the soda water
fountain business; to purchase, manu-
facture. buy, sell, import. export and
deal in candy, confectionery, sugar,
glucose, ices, ice cream, chocolate,
and chewing gun; to buy, sell, I'M
port, export, and deal IN cigars,
cigarettes, tobacco, smokers supplies
candies, toilet articles, liquors, and IL
Guilds and all other articles incident
al to the drug business; to employ
registe, ed pharmacists ami clerks for
the purpose of carrying on the saio
business; to buy, sell and deal IN
medicines, patent or otherwise, TO
ELL prescriptions; to lease stores ana
warehcl ses; to buy, sell, exchange
mortgage, hire. let, lease OF other-
wise acquire and dispose OF property,
real. Del sonal or mixed, for the pur-
pose of operating drug stores; 10
make any and all contracts, to pur,
chase, case, or otherwise acquire ana
own, asy and all species OF property
10 exchange, SELL, or otherwise ois-
pose OF. pledge, mortgage, hypo,
thecate and deal in real estate anu
INV and all kinds of personal prop
rtv. and to posses the same powers
in sue. respects os private individuals
now enloy, and in general to 90 an
thinos recessary or convenient TO the
nroper conduct of the business OF the
rornoration in the State OF Arizona
and elsewhere, not inconSi stent VIII
The laws of the United STATES anu u
ne State of Arizona.
ARTICLE V.
The amount of the capital STOCK
tbis corporation is Fifty Thousand
Dollars ESQ, OO0.OO), divided into
I'VE Thousand Shares 10000. OF
re mar value of Ten Dollars ($lO'ool
each. Stock may be issued upon
such terms and conditions as shan
he prescribed by the boa"d OF dlrec-
tors. and may be issued in exchange
for services or property. The 1uog-
rent of the board of directors as TO
re value of property {, services
taken in exchange for stock shall be
conclusive in tie absence OF 1rauI
The stock of this corporation snaii
Re non. assessable.
Thu time OF the cOiIliuS;iNOhSAS
t',is corporation shall be the date OF
he filing of its Articles with tne
Corporation Commission OF the o'a of
IF Arizona and the recording OF
rame in the office of the County
recorder of Santa Cruz County, Ar.
z,na. ard the termination Thereon
shall be twenty-five years therealteI'
unless renewed in the manner proVlo-
cd by law. ,,,,
The affairs Of this corporatlon snail
10 conducted by a Board Of Directors
If not less than three (3) nor more
,han se1 en- CO persons, who shall % De
et,,ckholders of this corporation. Inc
f;rst hoard of directors shall ne
,iected bv the incorporatois and snan
serve until the first annual meetlng
IF this corporation and until tneir
successors are eleSted and qualifled
D;rect1,s shall be elected at the an,
nual meeting OF the stockbo lders and
shall serve for one year and unti,
Aheir successors are elected ana
qualified. The annual meeting OF
the corporation shall be held at sucn
Mace and hour as may be prescribed
nv the bylaws of the corpcratlon' on
the first Monday in February OF eacn
. Snecial Meetings may b