The herald., 1922-08-17
CHARTER OF
FRERET DRUG Co, INC.

]
| louisiana, Parish of Orleans, City OF
| New Orleans. BE il known that on
| TINS day, the 3lst of the month OF
july in the year of our Lord. one
| TWO, before me, Albert David Hem
| rlques, Il Notary Public, in and for the
parish or Orleans aforesaid, duly COM
| nlSSloned, 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 SUBJ
scrlOed, all of the full age of majority
ana residents of the city OF New Or
leans, who declared that, awaiting
themselves OF the provisions of the
laws OF TINS state, in such cases made
ana provided, relative to the organi-
zatlon OF corporations, and more par
tlcularly Act No. 267 of the General
assembly OF the state of Louisiana for
the year 1877 (approved July 3, 1910,
they nave covenanted and agreed, and
10 by these presents covenant and
agree, bind, form and constitute them
selves, as well as such other persons
as may hereafter join " become asso.
Glated with them, in a corporation and
BODY polite in law, and for the objects
ana purposes and under the agreements
ana stlpulatlons following, to-wit:
ARTICLE /. The name and title OF
TINS corporation shall be the Freret
Drug Co. Inc, and under its corporate
and succession for a term of ninety
nine years from this date.
ARTICLE ii. The domicile of this
corporation shall be IN the city of New
orleans, parish of Orleans, state of
louisiana, and al. citations or other
ieSal 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 III. The objects and pur-
poses Tor which this corporation is
established and the business to be car
RED on by 1t are hereby declared to
be: To manufacture and compound
drugs, chemicals and medicines; to
IN all kinds of drugs, chemicals oils
paints and patent proprietary and
other medicines; to manufacture, buy,
sen ana deal in druggists supplies OF
every KIND and description. drug sun
urles' sanitary appliances. fancy goods,
ana other articles and things used in
anu pertaining to the druggists sup
plies 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.
ana while the holder thereof to exer-
else all the rights and privileges of
ownership .uW including the right to vote
such promiSsory notes, bills of ex-
change, bonds, debentures, and obIiga-
ions and evidences of Indebtedness of
all 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
unllmitedly and without restriction TO |
mold, purchase, lease, mortgage and !
convey real and personal property in |
me several states and territories of !
al oe onited states, colonial possessions |
or territorial acquisitions of the United |
states, and in foreign countries, as /
shall from time to time be found nee
essary or convenient for the purposes |
ana everything necessary, suitable con-
Venlent or proper for the accomplish
Ineht or any purposes or for the |
attainment of any one or more of the /
objects herein enumerated or incident
70 the powers herein named, or which |
snail at any time appear conducive or |
eSpeulent Tor the protection or benefit |
OF the corporation, eihter as holders |
or or interested in any property or
otherwise, with all the powers now or
hereafter to be conferred by the laws
lied in this state.
IT is the intention that the objects
anu powers specified and the clauses
contained in this paragraph SHALL ex-
paragraph, be no wise limited or re-
Strlcted by reference to or inference
from the terms of any other clause in
TINS 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
nothlng herein set forth is to be con-
Strued to authorize the formation
hereby of any United States or State
Sate 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-
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 hay-
ing dealings with the company or
having any connection with the BUSH
ness or the company. To enter into,
make, perform and carry out contracts
Oh every sort and kind with any per-
son, 1irm, association, corporation (pri-
Vate or public), or municipal. or body
polite, or with the United States gov
ernment or any state, territory or
colonial possession thereof, or any
foreign government. To manufacture.
export, import, buy. sell and generally
10 zeal In goods. wares and merchan-
Use OF every description. To purchase.
ease or otherwise acquire all kinds Of
personal property which the corpora
lion may deem necessary or convenient
Tor the purposes of its business, and
% 90 business in its own name. or as