The daily morning oasis. [volume] (Nogales, Ariz.) 1917-1920, 1920-09-01
Articles of Incorporation
Phillips-Re Drug Company
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KNOW ALL MEN BY THESE
PRESENTS: That we, the under
signed, do hereby associate ourseI-
yes togethe' for the purposes of
forming a corporation under the laws
of the State of Arizona, ana do here
by adopt the following Articles of
Incorpcl alton.
ARTICLE |.
The names, residences, and post
office addresses of the incorporators
are as follows: w. J. Phillips, No
gales, Arizona, and R. V. Reid, No
gales, Arizona.
ARTICLE H.
The name of this corporation is
''PHILLIPS-R REID DRUG COM
PANY, INCORPORATED
ARTICLE III.
Its principal place OF business shall
be Nogales, Santa Cruz County, Ari-
IONA, but branch offices may be
maintained at any place OF places
which may suit the require ments of
this COZ poration.
ARTICLE w.
The general nature of the busf-
ness proposed to be transacted by the
corporation is a follows, tc-wit:
To p,uchase and opera.e retail and
wholesale drug stores; to buy and
sell, import, export, and zeal in at
wholesale and retail all dr. gs, med
icines, paints, chemicals, oils, dye
stuffs, glassware, toilet and fancy ar
cy goocs, druggists sund1es soaps,
perfumes, liquors, surgical instrum-
ent, 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
stationer rs and to buy and sell, i'm
port, export, and otherwise deal IN
books, pens, pencils, inks, writing
papers, and all other gooGs and ar
licles pertaining to the stationery
business; to operate SOFA water
fountains and sell therefrorm soda
water, ices. ice cream and all other
article, and food stuffs generally
dealt 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
ouids and all other articles incident
al to the drug business; to employ
registe, ed Pharmacists AMI clerks fol
the pun pose of carrying on the SAD
business; to buy, sell and deal IN
medicines, patent or otherwise, to
fill prescriptions; to lease stores and
warebc, ses; to buy, sell, exchange,
mortgage, hire. let, lease OF other
wise acquire and dispose OF property,
real. pei aonal or mixed, for the pur-
nose of operating drug stores; to
make any and all contracts, to pur,
base, ease, or otherwise acquire ano
awn, a:v and all species OF property
20 exchange, sell, or othe. wise dis
nose OF. pledge, mortgage, hypo-
thecate and deal in real estate and
nv and all kinds of personal prop
rtv. and to posses the same powers
m suc, respects os private individuals
now ENJOY, and in general TO 40 an
things necessary or convenient TO tne
proper conduct of the business OF the
.rnorqtion in the State OF Arizona
and elsewhere, not inconSi 5tent with
o Laws of the United States and OF
he State of Arizona.
ARTICLE V.
The amount of the capital stock
this corporation is Fifty Thousand
Dollars ($5O,OOOO0), divided into
we thousand Shares t5OoO)' OF
e par 1alue of Ten Dollars ($1O.OO)
each. Stock may be issued upon
such teims and conditions as shall
he prescribed by the board OF d1rec-
frs, and may be issued in exchange
.ar services or property. The ludg-
emf of the board of directors as to
value of property [. services
ken in exchange for stock shall be
c-ncluslve in tie absence OF fraua,
re stock of this corporation shall
p! 2 non assessable-
ARTICLE VI.
The time of the commencement OF
i is corporation shall he the date OF
tie filing of its Articles with the
l2rporation Commission of the state
- Arizona and the recording or
.97ne in the office of the County
'ocordor of Santa Cruz County Arr
IA. ard the termination thereof
all be twenty-five years thereafter
rnless renewed in the manner provld-
ed by low.
ARTICLE VII.
The affairs Of this corpofatlon shall
, conducted by a Board CT Directors
f not less than three (3l nor more
than sel en- (7) persons, wfo shali De
sccl1hol.lers Of this corporation. Inc
ret beard of directors shall ne
'ected by the incornorato. and shan
rive until the first annual meeting
this corporation and until their
successors are elested ami quaahfled
;rectois shall be elected at the an,
nual meeting of the stockholders and
all serve for one year and until
their successors ave elected ana
Qualified. The annual meeting OF
the corporation shall be held at sucn
DIace and hour as NAV be prescribed
by the bylaws of the corpcratlon' Oh