The herald., 1915-02-04
ACT OF Incorporation
OF NEAL INSTITUTES COMPANY OF
LOUISIANA, INC.

State OF Louisiana, PARISH OF orleans, CITY
| of New Orleans.
Re It known. That on this, the 2lSt LAY OF
| the molth Of January, IN the year Of our
Lord one thousand, nine hundred and fifteen
and OF the Independence of the United States
oil America, the one hundred and thlrty-nlnth.
before me. Charles +. FletohIugcr. notary
public duly commissioned and qualified IN and
for the State, parish and city aforesaid, there
in residing, and IN the presence Of the WIZ
neSscs hereinafter named and undersigned,
personally came and appeared the several
persons whose names are hercuuto subscribed.
who declared that, avaIhng themselves OF
the laws OF this State relative 10 the turma-
tlon and organization Of corporations, they
have coycuantcd and agreed and do, by these
presents. covenant and agree and bind them
selves, as we'll as those who may hereafter
become associated with them, TO form them
selves into corporation for the objects and
purposes, with the name and under the stpu
latIouS following, to-wlt:
ARTICLE The name aud STYLE OF this
corporation shall he Neal Institutes Company
OF Louisiana, Inc, and by SAID corporate
name IL shall have succession and ENJOY cNIs-
tence for the period Of nIncty-nIne years, an.
less sooner dissolved IN the manner provided
10y law and the articles Of this charter;
| and under said corporate name II shall have
power and authority to contract, sue and
be sued to make and corporate seal,
the same to alter or break Al pleasure,
10 make all necessary rtres and regulations
for its corporate management and control, and
snail nave ana ENJOY All inc TlGill>.
and immunties which arc now conferred upon,
- may hereafter he granted to corporations
OF the same kind and character.
ARTICLE 1.-THE domcile Of this corpora
ton shall be in the City Of New Orleans,
State OF Louisiana, and all citations and other
legal processes shall be served upon the
president or, in his absence, or inability TO
act. upon any other officer OF the corpora
ton.
ARTICLE III-The objects and purposes
for which this corporation i organized and
the nature OF the business to be carried on
by it are hereby declared 10 be 10 conduct
and operate hospitals and sanitariums for
the treatment of inebriates, drug addlCts and
kindred additions; to board patients and
furnish lodging for hire for the same when
ever 1t shall be deemed wise and eXpedieut
franchise from the Neal Institutes Company,
of Chicago, Ill, and TO administer treatment
according 10 the methods of said Neal IuSti-
tuteS Company; to own, conduct or operate
hospitals in New Orleans or elsewhere in the
State Of Louisiana for the and atten-
ton OF the sick, injured, aged or Inirm.
and TO provide useful sanitary, scientific and
hygienic places and apparatus where its pa
tIentS may he treated, attended and cared for
by regularly licensed practitioners OF medi
cine and surgery and skllfu and competent
nurses, as may be lawful; TO own, lease, hire
or otherwise acquire, convey, mortgage, sell
or otherwise deal in or dispose OF real estate
buildings, hospitals, supplies, drugs and ap-
paratus shall from time to time be found
needtul, convenient, desirable in and about
the operation or conduct of its said business
and TO contract with its patients for such
service and attention, and, generally, 10 own
maintain and conduct hospitals and to have
such general and individual powers as may
\ be necessary in furtherance OF the objects
and purposes herein set forth such as
natural person might have or exercise and
TO have and be vested with such powers as
are conferred upon corporations Of the same
kind and character, under the laws of the
State of Louisiana.
ARTICLE IV.-The authorized capital stock
of this corporation is hereby fixed at the sum
of Twenty Thousand $4,000 Dollars, divided
into Two Thousand (2OoO) shares of the par
value Of Ten $1,000 Dollars each, all Of
which shall be common stock and the same
may be issued for cash money or in payment
OF property or services actually received by
or rendered TO said corporation. This corpora
ton shall commence business and become a
going concern as soon as $1,000 of its capital
stock shall have been subscribed and paid for {:
said stock shall be fully paid at the time
OF its issuance and, thereafter, non-assessa-
BILE.
| The parties hereto declare that they each
/ subscribe for the number of shares OF said
capital stock set opposite their respective
signatures hereto, being two hundred and fifty
ESQ shares each, aggregate of Ten
| Thousand $4,000 Dollars, the same to be
paid for by the sale, transfer and assignment
by the subscribers hereto to said corpora
| the said subscribers and the Neal Institutes
| Company of Chicago, Illinois, dated January
| |, 1915, covering a period of 90 years, giving
and comforting upon them the exclusive privi-
| lege of making in the State of Louisiana
| of the Neal remedies. medicines and treatment
! of the drink. drug and other addictions, the
| dispensing of which is made the primary OBJ
r ject of incorporation hereunder, and which said
| contract has been appraised by the board OF
| directors hereinafter named. at the price and
n ~ 4
! scrbers being the joint owners of the afore-
| said franchise contract, have elected to take
| stock in this corporation in lieu of the pay
| ment by il TO them of cash money. The residue
| of said capital stock shall be issued and paid
/ for subject TO the action of the Board Of
| Directors, but within twelve months from
| and after the date hereof. The capital stock
of this corporation may be increased to the
| sum of 100000. in accordance with the pro-
visions of law pertaining thereto.
| ARTICLE V.-All the powers of this cor.
| poration shall be vested in and be exercised
by Board of not less than three nor more
| Stockholders Annual Meeting The persons
| so named Directors, all of whom shall
be bona fde stockholders, may select from
| their own number a President, a Vice-Presi
| Board of Directors, with postoffce addresses
| are as follows: J. V. Allen, who shall be
President, Birmingham, Ala. VIM. Teney
who shall be ice-President, Birmingham
Ala; Marion Allen, who shall be Secretary
Treasurer, Birmingham, Ala
On the second Tuesday Of January, 1916, and
on the same day of each succeeding year. ex
| cept when such day shall fall a legal Holt
day, then upon the next following layday
the stockholders shall elect a Board of Di
| rectors for the ensuing year. the Board already
| installed to continue to hold over until theii
| successors are elected and qualified.
The Board of Directors so elected shall Sc
lect from their own. number the officers of the
corporation as above provided, and shall also
appoint a manager of the corporation. The
election of Directors shall be by ballot, anC
the persons receiving the largest number Of
votes cast shall be declared elected. Fol
electing Directors or for any other purpose
each share of stock, whether present or by
proxy, shall be entitled to one vote, anC
! a majority of votes cast shall be required
to pass any resolution or decide any question
submitted TO the stockholders, except for thu