The herald., 1922-04-13
CHARTER
CHARTER OF DRYADEs PHARMACY,
INC


State of Louisiana. Parish of Orleans,
City of New Orleans. Be il known and re-
membered, that on this 9TH day of April,
in the year of our Lord one thousand. nine
numbered and twenty-five and of the In
dependence of the United States of Ameri-
ca the one hundred and forty fifth. Be
fore me. John G. OCOnnOr. a notary pub
lie duly sworn. commissioned and quail
fled in and for the Parish of Orleans.
therein residing anG in the presence of
the witnesses here and after named and
undersigned; personally came and ap-
peared the persons whose names are here
unto subscribed, who declared. that avail
ing themselves of all and singular the
laws of the State of Louisiana relative to
the organization of corporations, they
have covenanted and agreed, and do by
these presents covenant and agree and
bind themselves, as well as all persons
who may hereafter become associated with
them. to form a corporation for the OBJ
jects and purposes and under the articles
and stipulations following. to-wi;:
ARTICLE The name of this corpora
ton shall be the Dryades Pharmacy, Inc.
and by that name it shall have power
and authority to exist and enjoy success
sion for the full term and period of ninety
nine years. commencing on, and to be
computed from and after the date hereof.
ARTICLE 1.-THE domicile of this cor
poration shall be In the City of New Or
leans, State of Louisiana. All citations
and other legal process shall be served
m.
in case of his absence or inability, or alb
sence of both the president and the vice
president, upon the treasurer of this cor
pOratiOn.
ARTICLE III-The objects and pur-
poses for which this corporation is or
ganzed and the nature of the business
to be carried on by it are hereby declared
to be.
To buy and sell drugs Of all kind and
character; to buy and sell drug sundries
and engage generally in the drug business !:
either retail or wholesale as may be neces-
sary; to do all things necessary to carry
on drug store or any number of drug
stores that il may desire to establish from
time to time and act as selling agents for
any and all kinds of merchandise that
may be advisable or pecessary in the sue
cessful conduct of the business.
ARTICLE Iy-It shall have all the
rights and privileges granted by law to
such corporations; shall have the power
10 contract, sue and be sued in its cor
porate name, to make and use a corporate
seal, and the same to break and alter at
pleasure; to buy. own, hold. lease. receive,
convey. mortgage. hypothecate or pledge
| property, both real personal and mixed
TO issue bonds, notes and other publica-
tons, to have, engage and employ such
| officers. managers and employees as the
business interests and convenience of the
corporation may require; to make. adopt
or establish such bylaws, rules and regu-
| iations In the corporate name, not repug-
nant to the laws of the State of Louisiana
/ or other States, Territories or possessions
| or the United States or foreign countries
| in which they engage in business, or the
| charter of this corporation or the manage
ment of this corporations affairs, as the
| stockholders and board of directors may
deem necessary and expedient.
| ARTICLE V-The capital stock of this
corporation shall be ten thousand dollars,
represented by one hundred shares OF
stock of the par value of one hundred dol.
/ Thn tool hall hn mil
| for in cash when subscribed for or 81
| may be issued at not less than par in
payment for property actually received.
ARTICLE Vi-This corporation shall
begin business and be going concern as
| soon as five thousand dollars of STOCK
| shall have been subscribed for. Said CAPT
tai stock may be increased up to the sum
| of ten thousand dollars in any manner
| provided for by laws of this state and
whenever an increase of said capital stock
shall have been authorized. fifteen days
written notice shall be given to each
/ stakeholder within which time the present
stockholders in the corporation shall have
the right TO subscribe to said increase OF
stock in proportion to the number OF
shares of stock held by them, and which
shares shall be paid for at such time and
in such manner as the board of directors
may direct. After the expiration of the
said subscription and payment, the board
of directors may dispose of the shares not
taken for the benefit of the corporation
In such manner as they may think proper
at not less than par.
ARTICLE VII-All transfers of stohl
| shall be made on the books Of the corpora.
| ton by surrendering the certificate there
of to the presiding officer, who shall write
the word cancelled" prominently across
the face thereof, and erase the president
signature therefrom before issuing a new
| certificate.
ARTICLE VIII-At all elections by. OF
meetings of. the stockholders, each share
hn mt yA1 NA ,ANA g. -
either by the person in whose name th'
stock appears on the books of this cor
poration at the time of voting. or by ar
| attorney holding said stockholders writ
ten proxy.
| ARTICLE IX-The business and cor
porate affairs of this corporation shall b,
| transacted by a board of directors of no
| less than three directors. nor more thar
hve directors. 70 be composed of stock
holders thereof and they, and each OF
them. shall be elected at a meeting to b.
held for that purpose. Any vacancies IN
the board of directors so elected shall b.
filled by the said board of directors.
Sol Miller. Sol III. Levi and f. o
Schwarz, all residents of the City of New
Orleans, Louisiana, shall constitute tn,
| first board Of directors, and shall hold
office until the first Monday in January
| 1923, or until their successors are elected
and qualified, and each subsequent board
shall have their seats Immediately follow
| ing the election. or as soon thereafter al
practicable, and shall hold their office
until their successors shall nave been
elected and qualified. The directors here
inabove named shall elect their own off,