The herald., 1922-04-20
THE HERALD, ALcIERs, LOUISIANA
CHARTER.

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 nave
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 ana
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-An transfers Of stock
shall be made on the books of the corpora
| ton by surrendering the certihcate there
of to the presiding officer, who shall write
| the word Cancelled" prominently across
the face thereof, and erase the presidents
| signature therefrom before Issuing a new
certificate.
ARTICLE vuI-At all elections by, or
meetings Of the stockholders, each share
| shall be entitled TO one vote to be cast
! either by the person in whose name the
| stock appears on the books of this cor
/ poration at the time of voting. or by an
attorney holding said stockholders writ
| ten proxy.
! ARTICLE IX-The business and cor
pOrate affairs of this corporation shall be
| transacted by board of directors of not
less than three directors, nor more than
| five directors, 70 be composed OF stock
holders thereof, and they, and each of
| them shall be elected at meeting to be
held for that purpose. Any vacancies in
the board of directors so elected shall be
filled by the said board of directors.
| Sol Miller, Sol II. Levi and Il. q.
Schwarz. all residents of the City of New
Orleans Louisiana, shall constitute the
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
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
GERS The stockholders may at any time
appoint the two additional directors pro-
yided for in this charter to serve con
currently with the other directors herein
named. On January list, 1923 and an
by the stockholders shall be held at the
Office OF the corporation, after fifteen
days notice thereof shall have been given
by notice mailed to each stockholder al
his last known address. Every board of
directors shall. at its first meeting after
its election, or as soon thereafter as prac-
, ticable, elect from their own number .
! president, and a treasurer. The board OF
, directors shall also elect a secretary who
may. or may not. be member of the
I board. The office Of the secretary and
treasurer may be filled by one and I'M
same person, at the discretion OF th'
board 4 failure to elect directors on the
{ date above specified shall not dissolve thu
corporation, but the then existing board
of directors shall continue in office unit
) their successors are elected. Fifteen days
J prior notice shall he given in the manner
. hereinabove provided, which notice, shall
be full and complete notice to all stock
holders OF such meeting. Any directo
shall have the right to be represented n
q ~ a torS A
! this corporation by an attorney holding
j the directors written proxy. The ma
jority of the members Of said board of di
rectOrs shall constitute quorum for tn
= transaction and management of all bust
G ness Of said corporation. They may max
such, bylaws, rules and regulations a
g they think proper for the transaction o
: the business and affairs OF said corpora
y ton.
e ARTICLE X-This act Of incorporation
: NAV be changed, modified or altered o
said corporation may be dissolved wit
e the assent Of three-fourths OF the amour
d general meeting Of the stockholders q
y said corporation, convened for that pur
pose, after previous notice given in IN
n manner hereinabove set forth In Articl
J. IN. But any and all meetings OF stock
y holders, whether for the purpose Of liqui
e dation or for any purpose may be held a
y any time without notice by unanimou
? consent of all stockholders filed in writin
n ARTICLE XI-No stakeholder sha
l. ever he liable for the contracts or fault
of this corporation in any further SUI
M than the unpaid balance due the compan
s. on the shares owned by or subscribed f6
" by him: nor shall any informality in II
E organization have the effect Of renderin
IN this charter null or Of exposing Il
e, stockholders to any liability.
2, ARTICLE XII-Whenever this corpOr'
Ee ton is dissolved, either by Limitation
from any other cause, its affairs shall
e. liquidated under the SUPPLEMENTARY
three stockholders, to be chosen for tn:
&c. purpose by three-fourths in amount Of q
T. stockholders present or represented ut
Of general meeting Of the stockholders
he which the election is held. Said COMM
I. sioners shall remain in office until q
~ affairs of said corporation shall have bee
y, fully liquidated.. In case Of the death
one Of the commissioners, or refusal
inability to act, the remaining commi
sioners shall continue to act and sha
r. elect another stakeholder in the place al
stead Of the commissioner who has cease
to act.
ic This said charter shall serve as q
original subscription list the subscribe
- hereto having SET opposite their respecti
Y, names the number Of shares OF stock L
which they have subscribed.
- Thus done and passed in my office
H. the City of New Orleans, aforesaid on {
!, day, month and year first above write
a. I'm the presence of l.. Lincoln ana Lou
nc Goldman, competent witnesses, residing
II this Parish who hereunto sign their nam
~ with the said appearers and me, nOtar
,ne after due reading Of the whole.
~ (ORIGINAL SIGNED:
IL Sol Miller, % shares Sol III. Levi,
rs, shares; T.. o. SchwarZ, 5 shares.
o i Witnesses: l.. Lincoln, Louis Col
M man.
~ (SeaD: JOHN {. OCoNNoh.
re- Notary Publ
IL I. the undersigned Recorder of MOI
ne cages, in and for the Parish OF OrleaI
10 State of Louisiana, do hereby certify IN
ey the above and foregoing Act Of 1ncorpor
ny ton, of the Dryades Pharmacy, Inc, W
no this day duly recorded IN my Office
'hs Book 1868, folio 900.
lth New Orleans, April otn, 1922. -
,b- (Sipned): ROBT SCOTT
les Deputy Record
The foregoing Is a true and correct co
ra- Of the original Act of Incorporation in I
lc., Office in the City Of New Orleans
'er (SeaD: JOHN c. OCONNOR
es- Notary Pub
" Apr. 13-May IS
be
OF. CHARTER OF