The Coolidge examiner., 1942-05-15


raphers' supplies, and any and all
articles or products of every kind
and character used. handled or
sold in connection with those
above enumerated and the bus
mess hereinafter specified; to do
a general wholesale and retail
drug business, and to operate
soda fountain and lunch counter
in connection Herewith; to buy,
sell, lease, deal in, acquire, own
and improve real estate; 10 act
as agent or broker for others in
dealing with manufactured articles
and products of all kinds; to ac-
quire the good will, rights and
property, and to take over the
whole or any part of the assets OF
any person. firm association or
corporation conducting a business
similar to that of this corpora
tion, and to pay for the same IN
cash, the stock of this company,
bonds, or otherwise; to hold or in
any manner dispose of the whole
or any part of the property so pur-
chased; to conduct in any lawful
manner the whole or any part OF
any business so acquired and TO
exercise all the powers necessary
or convenient in or about the
conduct and management of such
business; to apply for, purchase,
or in any manner dispose or, and
to grant rights in respect of, and
in any manner deal with any and
all rights. inventions improve
ments. and processes used in con-
nection with, or secured under
letters patent or copyrights of the
United States, or other countries
or otherwise, and to work, operate
or develop the same, and TO carry
on any business, manufacturing,
or otherwise which may be
deemed to directly or indirectly
effectuate these objects or any
of them. and to do and perform
such acts and things and transact
any business not inconsistent with
law. in any part OF the world, as
the Board of Directors may deem
to be to the advantage of this
corporation.
ARTICLE III. The authorized
amount OF capital stock shall be
Twenty-Five thousand dollars (s25,-
000) of the par value of One hun
dred dollars (s1O0.0O) per share,
which shall be common stock,
and which shall be paid at such
times as the Board OF Directors
may designate. All or any portion
OF the capital stock may be is
sued in payment of cash, or for
real or personal property. ser
vices, or any other right or thing
of value for the uses and purposes
of this corporation, and when is
sued. shall become and be fully
paid the same as though paid for
in cash, and the directors shall
be judges as to the value of any
property. right or thing acquired
in exchange for capital stock, and
said stock when so issued. shall
thereafter be non-assessable.
ARTICLE w. The affairs OF
this corporation shall be conduct
ed by a board of not less than
three nor more than eleven direc-
tors, by whom a President, and
Vice President shall be elected.
and a Secretary and Treasurer
appointed. The directors shall be
elected by the stockholders on the
first Monday OF May OF each year.
and until their successors are
elected and qualified. the follow
ing named persons shall be the
directors: J. l.. FISHER, OTIS f.
SASSER, ROBERT L. WILDMAN.
Jr.
ARTICLE V. The direc tors
shall adopt bylaws for the gov
ernment OF the corporation, and
may amend the same. They shall
have power TO fill vacancies oc-
curing in the board from any
cause, and TO appoint from among
their number an executive com
mittee which, TO the extent pro-
vided by resolution or the by
laws, shall have and exercise the
powers granted the directors by
these articles.
ARTICLE vi. The time of the
commencement of this corporation
shall be the day these articles are