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<TITLE>Filed by Bowne Pure Compliance</TITLE>
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<P style="font-size: 14pt" align="center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT  style="font-size: 12pt">Washington, D.C. 20549 </FONT></B>

<P style="font-size: 18pt" align="center"><B>FORM 8-K</B>

<P style="font-size: 12pt" align="center"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934</B>

<P style="font-size: 10pt" align="center"><B>Date of Report (Date of earliest event reported): September 1, 2008</B>

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><IMG src="c75122p7512201.jpg" alt="(WALGREEN CO LOGO)">
</DIV>

<P style="font-size: 24pt" align="center"><B>WALGREEN CO.<BR>
</B><FONT style="font-size: 10pt">(Exact name of
registrant as specified in its charter) </FONT>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0" cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="32%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="32%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>Illinois</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>1-604</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>36-1924025</B></TD>
 </TR>
 <TR valign="top">
  <TD>(State or other Jurisdiction of Incorporation)</TD>
  <TD>&nbsp;</TD>
  <TD>(Commission File Number)</TD>
  <TD>&nbsp;</TD>
  <TD>(IRS Employer Identification No.)</TD>
 </TR>

</TABLE>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0" cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="49%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="49%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>200 Wilmot Road, Deerfield, Illinois<BR>
</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>60015</B></TD>
 </TR>
 <TR valign="top">
  <TD>(Address of Principal Executive Offices)</TD>
  <TD>&nbsp;</TD>
  <TD>(Zip Code)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">Registrant&#8217;s telephone number, including area code: <B>(847)
914-2500</B>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0" cellpadding="0" width="30%" border="0">

 <TR>
  <TD width="100%">&nbsp;</TD>
 </TR>
 <TR>
  <TD style="border-bottom: #000000 1px solid" nowrap><B>Not Applicable<BR>
</B></TD>
 </TR>
 <TR>
  <TD nowrap>(Former name or former address if changed since last report.)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="left">Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

<P style="font-size: 10pt" align="left"><FONT face="Wingdings">o</FONT> Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
<FONT  face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))<BR>


<P>&nbsp;
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<P style="display: none; font-size: 10pt" align="center">1
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<P style="font-size: 10pt" align="left"><B>Item&nbsp;5.03 Amendments to Articles of Incorporation or Bylaws; Change in
Fiscal Year.</B>

<P style="font-size: 10pt; text-indent: 4%" align="left">Effective September&nbsp;1, 2008, the Board of Directors of
Walgreen Co. (the <B>&#8220;Company&#8221;</B>) amended the following provisions of the Company&#8217;s By-laws as
follows:

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">
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  <TD width="35%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="60%">&nbsp;</TD>
 </TR>
 <TR style="font-size: 10pt" valign="bottom">
  <TD style="border-bottom: #000000 1px solid" nowrap align="center"><B>Provision of By-laws</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid" nowrap align="center"><B>Substance of Amendment</B></TD>
 </TR>
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  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">Article&nbsp;II, Section&nbsp;1(b), <I>Annual Meeting.</I>&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Section&nbsp;1(b), which set forth requirements applicable to proposals submitted by
the Company&#8217;s shareholders for consideration at the Company&#8217;s annual meeting, was deleted. Article&nbsp;II,
Section&nbsp;15, <I>Annual Meeting Business</I>, which is described below, supersedes Section&nbsp;1(b).</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">Article&nbsp;II, Section&nbsp;2(b), <I>Special Meetings.</I>&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">A new Section&nbsp;2(b) was added to set forth a method by which the Company&#8217;s
shareholders may request the Company&#8217;s Board of Directors to fix a record date for a special meeting of the
Company&#8217;s shareholders.</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">Article&nbsp;II, Section&nbsp;4, <I>Notice of Meetings.</I>&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">This Section was amended to provide that authorized officers or other persons may
deliver notice of shareholders&#8217; meeting electronically in addition to personally and by mail.</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">Article&nbsp;II, Section&nbsp;15, <I>Notice of Annual Meeting
Business.</I>&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">This Section was expanded to detail the requirements applicable to shareholder
proposals (other than matters properly brought under Rule 14a-8 under the Securities Exchange Act of 1934, as amended).
<BR>&nbsp;<BR>

Shareholder proposals that do not concern election of directors must comply with certain timing requirements and must
be in proper written form, which includes a description of the proposal, the relationship between the proposing
shareholder and the underlying beneficial owner, if any, and such parties&#8217; stock holdings and derivative
positions in the Company&#8217;s securities.
<BR>&nbsp;<BR>
Shareholder proposals that concern nomination of directors must comply
with requirements identified above and must also provide information the Company deems appropriate to ascertain the
nominee&#8217;s qualifications to serve on the Company&#8217;s Board of Directors, including disclosure of compensation
arrangements between the nominee, the nominating shareholder and the underlying beneficial owner, if any, and other
information required to comply with the proxy rules and applicable law.</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">Article&nbsp;II, Section&nbsp;16, <I>Notice of Special Meeting
Business.</I>&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">This Section was expanded to describe the requirements applicable to shareholder
proposals made in connection with special meetings and incorporates by reference the requirements applicable under
Article II, Section&nbsp;15 described above.</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">Article&nbsp;II, Section&nbsp;17, <I>Submission of Questionnaire,
Representation and Agreement.</I>&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">A new Section&nbsp;17 was added to describe the written questionnaire, representations
and agreements that each nominee, and person and entity on whose behalf the nomination is being made, must furnish to
the Company as a condition to nomination for election to the Company&#8217;s Board of Directors.</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">Article&nbsp;VIII, Section&nbsp;1, <I>Certificates for
Shares.</I>&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">This Section was amended to clarify that the Company&#8217;s shares may be issued in
uncertificated form.</TD>
 </TR>
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</TABLE>
</DIV>

<P style="font-size: 10pt; text-indent: 4%" align="left">The full text of the Amended and Restated By-laws is set forth
in Exhibit&nbsp;3.1 filed with this current report.

<P style="font-size: 10pt; text-indent: 4%" align="center">

<P style="display: none; font-size: 10pt" align="center">2
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<P style="font-size: 10pt" align="left"><B>Item&nbsp;9.01 Exhibits.</B>
<DIV align="center">
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<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="10%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="85%">&nbsp;</TD>
 </TR>
<!-- End Table Head -->
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 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">Exhibit&nbsp;Number </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Description</TD>
 </TR>
 <TR style="font-size: 1px">
  <TD style="border-top: #000000 1px solid" valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD style="border-top: #000000 1px solid" valign="top" align="left">&nbsp;</TD>
 </TR>
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  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">3.1 </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Walgreen Co. By-laws &#8212; Amended and Restated as of September&nbsp;1, 2008.</TD>
 </TR>
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</DIV>

<P style="font-size: 10pt" align="center"><U>SIGNATURE</U>

<P style="font-size: 10pt" align="left">Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
<BR>
&nbsp;

<P style="font-size: 10pt; margin-left: 45%" align="left"><B>WALGREEN CO.</B>

<P style="font-size: 10pt" align="left">Date: September&nbsp;5, 2008

<P style="margin-top: -11pt; font-size: 10pt; margin-left: 45%" align="left">By:<U> /s/ Dana I.
Green&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
<BR>
Senior Vice President&nbsp;

<P style="font-size: 10pt" align="center">

<P style="display: none; font-size: 10pt" align="center">3
</DIV>
</BODY>
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Filed by Bowne Pure Compliance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported): September 1, 2008
WALGREEN CO.
(Exact name of
registrant as specified in its charter)
Illinois
1-604
36-1924025
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
200 Wilmot Road, Deerfield, Illinois
60015
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code:
(847)
914-2500
Not Applicable
(Former name or former address if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in
Fiscal Year.
Effective September 1, 2008, the Board of Directors of
Walgreen Co. (the
"Company"
) amended the following provisions of the Company's By-laws as
follows:
Provision of By-laws
Substance of Amendment
Article II, Section 1(b),
Annual Meeting.
Section 1(b), which set forth requirements applicable to proposals submitted by
the Company's shareholders for consideration at the Company's annual meeting, was deleted. Article II,
Section 15,
Annual Meeting Business
, which is described below, supersedes Section 1(b).
Article II, Section 2(b),
Special Meetings.
A new Section 2(b) was added to set forth a method by which the Company's
shareholders may request the Company's Board of Directors to fix a record date for a special meeting of the
Company's shareholders.
Article II, Section 4,
Notice of Meetings.
This Section was amended to provide that authorized officers or other persons may
deliver notice of shareholders' meeting electronically in addition to personally and by mail.
Article II, Section 15,
Notice of Annual Meeting
Business.
This Section was expanded to detail the requirements applicable to shareholder
proposals (other than matters properly brought under Rule 14a-8 under the Securities Exchange Act of 1934, as amended).
Shareholder proposals that do not concern election of directors must comply with certain timing requirements and must
be in proper written form, which includes a description of the proposal, the relationship between the proposing
shareholder and the underlying beneficial owner, if any, and such parties' stock holdings and derivative
positions in the Company's securities.
Shareholder proposals that concern nomination of directors must comply
with requirements identified above and must also provide information the Company deems appropriate to ascertain the
nominee's qualifications to serve on the Company's Board of Directors, including disclosure of compensation
arrangements between the nominee, the nominating shareholder and the underlying beneficial owner, if any, and other
information required to comply with the proxy rules and applicable law.
Article II, Section 16,
Notice of Special Meeting
Business.
This Section was expanded to describe the requirements applicable to shareholder
proposals made in connection with special meetings and incorporates by reference the requirements applicable under
Article II, Section 15 described above.
Article II, Section 17,
Submission of Questionnaire,
Representation and Agreement.
A new Section 17 was added to describe the written questionnaire, representations
and agreements that each nominee, and person and entity on whose behalf the nomination is being made, must furnish to
the Company as a condition to nomination for election to the Company's Board of Directors.
Article VIII, Section 1,
Certificates for
Shares.
This Section was amended to clarify that the Company's shares may be issued in
uncertificated form.
The full text of the Amended and Restated By-laws is set forth
in Exhibit 3.1 filed with this current report.
Item 9.01 Exhibits.
Exhibit Number
Description
3.1
Walgreen Co. By-laws — Amended and Restated as of September 1, 2008.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
WALGREEN CO.
Date: September 5, 2008
By:
/s/ Dana I.
Green
Senior Vice President