The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-24
CHARTER OF
FREaET DRUG CO. INC.


Louisiana, Parish of Orleans. city OF
New Orleans. lie it known that on
this day the 3lst of the month OF
July, in the year of our Lord, one
thousand nine hundred and twenty
two, before me, Albert David Hem
rlques, Il Notary Public, in and for the
parish OF Orleans, aforesaid, DULY COM
mlssloned, sworn and qualified, and in
the presence of the witnesses herein
after named and undersigned, person.
ally came and appeared the several
persons whose names are hereunto sub
scrIbed, all of the full age of majority
and residents OF the city of New Or
leans, VINO declared that, availing
themselves of the provisions of the
laws OF this state, in such cases made
and provided. relative to the organi-
cation OF corporations, and more par
tlcularly Act No. 267 of the General
Assembly of the state of Louisiana for
the year 1ylf (approved July 3, 1910,
they have coVenanted and agreed, and
do by these presents covenant and
agree, bind, form and constitute them
selves, as well as such other persons
as may hereafter join or become asso.
clated with them, in corporation and
body polite in law, and for the objects
and purposes and under the agreements
and stipulations following, to-wit:
ARTICLE l. The name and title of
this corporation shall be the Freret
Drug Co, Inc, and under its corporate
name II shall have and enjoy existence
and succession for term of ninety
ARTICLE IL. The domicile of this
corporation shall be in the city of New
Orleans, parish of Orleans, state of
louisiana, ana all citations or other
iesai process shall be served on the
president of said corporation; or, in
the event OF his absence or inability
10 act, upon the vice-president, or upon
the secretary and treasurer.
ARTICLE Ill. The objects and pur-
poses for which this corporation is
established and the business to be car
rled on by it are hereby declared to
be: To manufacture and compound
drugs, chemicals and medicines; to
buy and sell, at wholesale, and to deal
IN all kinds of drugs, chemicals, oils
paints and patent, proprietary and
oIn ON me1lclnes; TO manufacture, buy,
sell and deal in druggists supplies of
every kind and description, drug sun
dries, sanitary appliances. fancy goods,
ana other articles and things used in
ana pertaining to the druggists sup
pies business, and TO do all acts and
Things reasonable and necessary for
the conduct of such business or in con-
nection Herewith.
To purchase or otherwise acquire
gage, pledge or otherwise dispose OF
the capital stock, and bonds, deben-
lures or other evidences of indebted
ness created by any other corporation
or corporations, domestic or foreign.
and while the holder thereof to exer-
else all the rights and privileges of
ownership, including the right to vote
thereon; TO borrow money and to make
such promissory notes, bills of ex-
change, bonds. debentures, and obliga-
tons and evidences of Indebtedness of
an Kinds. whether secured by mort
gage, pledge or otherwise, and to
secure the same by mortgage pledge
or otherwise; to conduct this business
or any one or more businesses, and
uhilmltedly and without restriction to
hold, purchase, lease, mortgage and
convey real and personal property in
the several states and territories of
the United States, colonial possessions
or territorial acquisitions of the United
states, and in foreign countries, as
snail from time TO time be found nee
essary or convenient for the purposes
OIL the company's business; to do all
anu everything necessary. suitable, con-
venient or proper for the accomplish
ment or any purposes or for the
attainment of any one or more of the
opJectS herein enumerated or incident
10 the powers herein named, or which
snail at any time appear conducive or
eXpedlent for the protection or benefit
OF the corporation, eihter as holders
OF or interested in any property or
otherwise, with all the powers now or
hereafter to be conferred By the laws
OF this state upon corporations organ
lied in this state.
1t is the intention that the objects
ana powers specified and the clauses
contained in this paragraph shall, eX-
cept where otherwise expressed in said
paragraph, be no wise limited or re-
strlcted by reference to or inference
from the terms of any other clause in
thls or any other paragraph of this
charter, but that the objects and pow
ers specified in each of the clauses
OF this paragraph shall be regarded
as independent objects and powers, and
moaning herein set forth is to be con-
strued to authorize the formation
hereby of any United States or State
safe Deposit or Trust Company, Bank
ing Corporation or Savings Bank or
corporation deemed to possess any pow
ers prohibited to corporations formed
under savings bank statutory provi-
slons for the purposes of said corpOr-
alton.
To loan and advance money or to
give credit to such persons and on such
terms as may seem eXpedient, and in
particular customers and others hav-
ing dealings with the company or
having any connection with the BUSH
ness OF the company. To enter into,
make, perform and carry out contracts
or every sort and kind with any per-
son, firm, association. corporation (pri-
Vate or publics or municipal or body
polite, or with the United States gov
eminent, or any state, territory or
colonial possession thereof. or any
foreign government. To manufacture.
to deal in goods, wares and merchan-
disc of every description. To purchase.
lease or otherwise acquire all kinds of
personal property which the corpora
ton may deem necessary or convenient
for the purposes of its business, and
to do business in it's own name, or as
agent or on commission. or otherwise,