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<br /> M1IdUTES OF �'� SPEC��1L �,:E,'`].'I:NG.OI+ THk� STOCKHOL,DLRS 0�' N�CI�OLAS�
<br /> DRUG S7�'ORE,;: TI3CGl�P0Itt1`1'ED
<br /> � Th:�s special me��in� of the stockholder� of -�he co�.�pora�Snn.
<br /> wn.s dulg called to order this ?_7th day of June' 1.975w ��.� stock was :
<br /> rc;px�escn�;ed oii;her in pcx�son or hy proxy.
<br /> 7.'he primary orcler oa business A� this meetin.g was to cons3:de�c
<br /> the sale of t;he business �.nd the business ret�l eatate� to. 13ens � Dru�
<br /> Store, Inc, a cor�poxat�.on. •
<br /> � Pfro C1.ar:ence t�:'Altex�s, �he `cor.porati�on acc�uritanty ou�linecl '
<br /> ' in detail �Lhe plan. of�'ered by t;h� praspecta.v,e pux�cha�Pr and, a�'t'er ,
<br /> discus:�.on, t��e follo�ti�3.n� xPSOlut:ian wa� utianimo�sl.y ado�ated, to wi� .
<br /> R�.S4T,VUU�Th�.i. the :�toc��holders of the corporatioz7 da hereby
<br /> consent to ar_d au�hax�i7e ';he dz.rectors ot' the corporats_on to ent�'�r� in'�o
<br /> a contrac�; k�a.i,?�i Ben;� z Drur; .Storep Znc� Vahereby th.e stock and �'i��tur•es
<br /> '! c��' the cor. po:rauion. b� so�.c S'ox° c�sh. at a price o.f w79�0�0a00. L�urt��er',.
<br /> : that tkie ��ore; bui.�d:i�i�*, proper a�; 12_3 t>xeu�; '1'hird Street, . iti Grari.d.
<br /> Is�.anc?�� ��Ie�c>:�a�l>�,� bein�; descr�_bed, as fc�1.l.awse
<br /> The I��ox°thex°�,y �.'z.�hty �cet; ' {80) of the West�x°�.y
<br /> � �'wen�y ��rp ��E.� ' ;�2} 01' Ta�� Four (1�:) �.n Iilo�k
<br /> 'S���t��';;' Sa.x (,��) s �.n. the Origa.na�. `I`a�an, now Gi.ty .
<br /> of Gx��n�. Ss:1.ar�d, ?-Ia1Z Courity, Ae�.ar�.ska, ir!cludin�
<br /> a11. �a�;�y w�.�.1. x��.�hts�
<br /> '. be coz�tr.ac�ec3 �o be so:i.c� t;o Ben�t �ru� S�;oxe, Znc e for th� SL7.Ti ci�'
<br /> � �399000a00, to b� paid far by the �.ssuanc� o� three pr�omissuz°5T no��s
<br /> � pay�ble ta the earp�ruta.on ancl execu��d by tl�ie pizr.chaser whac'_ris
<br /> : inc�udin� interest at 7';% pc;r yeax��, �.re to be paid. a.t�r 'ins'cp.�.7.r:�envs �n
<br /> ' �he amount o� �1�(72�Q� �a�r m.q?��}7 t�Et inn:�n; os� ��ti�;us�t �., ��7�a and a
<br /> like �moun;, to b� p�i.d on th� f.'�_rst day �f. ez�.cl.�. succeed.in� morit;}� unt?1.' .
<br /> � �.,a.ac� �:t�. �'1�1.7�� `.i'h�xt sa�.c�. t�otes are to be �ecu.�c;d by a'' m.ortgage on sair�t
<br /> real e:�tat�� '1'hat �aic� sl,ackholder� do x�er�iay �.Taive �.r_f anc� a.�.1. notic�
<br /> og a.i�y reso�utXO�. passEd b� the board of dire;ct�rs og the cox��ora.tzc>n
<br /> ' provid:ing �'or �h'e en�e:c�in� izz�o 1;he said cn��tract an� the sa1�; cif sa:�d
<br /> properta.e�o
<br /> .� discuss3.ar� ��Taa' nex.� n�c?.' on the� matter of liqaidatin� `the :
<br /> corpci°at�.a� t ait;e�° t�th�.rh the fo17.r,ib=in�; resoltzt:�ori w«s un.animouu].g �
<br /> adc���teci: RESOLVTi�I7; Ths.t the CO�'pOr�'��.UT7 be �iquidated by t;he ���rd af
<br /> dir�ctor� in irr;�riediata ax�der�.y ste�s o
<br /> Nn further businevs appearing, the meet:ing wa� cJ.osed ,accordin�;
<br /> to f orr�.
<br /> � ��.�.., � � _� �� �;�z- ...,.
<br /> Y�u]:' �'. I�I�.Cb.a1-aS, Secy.
<br /> : Appr.�o�red.o '
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<br /> i/C� ��� '�:�e-� i�<<�
<br /> e:t ��e Ryde� Pres:td�n� — —
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