The herald. [volume] (New Orleans, La.) 1905-1953, 1915-02-11
ACT OF INCORPORATION

LOUISIANA, INC.
State Of Louisiana, Parish OF Orleans. City
| OF New Orleans
BE it known, That on this, the 2lst DAY Of
| the month OF January, in the year OF our
Lord one thousand, nine hundred and hiteen
| and of the Independence OF the United States
| Of America, the one hundred and thirty ninth,
| before me, Charles +. Fletchinger, notary
| public, duly commissioned and qualncd IN and
| Tor the State, parish and city aforesaid. there
! in residing. and IN the presence OF the wit
| nesses hereinafter named and undersigned.
| personally came and appeared the several
| persons whose names are hercuuto subscribed
! who declared that. avallug themselves OF
| the laws OF this State relative to the iurma-
| tlon and organization OF corporations, they
| have Covenanted and agreed and do, by these
| presents, covenant and agree and bind them
| selves, as well those Who may hereafter
! become associated with them, 10 form them
selves into corporation Tor the objects and
| purposes. with the name and under the stpu
| ldtIons following, to-wIt:
| ARTICLE THE name and style Of this
| corporation shall be Neal Institutes Company
of Louisiana, Inc and by SAID corporate
/ name II shall have succession and ENJOY eNlS-
| tencc for the period OF nInety-nIne years, un.
| less sooner dissolved in the manner provided
| by law and the articles Of this charter;
| and under said corporate name It shall have
power and authority 10 contract. sue and
he sued, to make and use corporate seal,
the TO alter or break At pleasure,
| to make all necessary rlr,cs and regulations
shall have and enjoy all the rights privileges
| and irmunities which aIc now conferred upon,
| or may hereafter be granted 10 corporations
| of the same kind and character.
| ARTICLE 1.-THE domicile 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 is organized and
the nature OF the business to be carried on
/ by il are hereby declared to be to conduct
| and operate hospitals and sanItarIums for
| the treatment OF Inebriates, drug addIcts and
| kindred addictions; to board patients and
furnish lodging for hire for the same when
| ever IT shall be deemed wise and expedent
! or necessary; 10 operate under contract or
| franchise from the Neal Institutes Company,
of Chicago, H., and TO administer treatment
| according to the methods Of said Neal Inst-
| tutes Company; to own, conduct or operate
| hospitals in New Orleans or elsewhere in the
| State of Louisiana for the care and atten-
| tion of the sick, injured, aged intrm,
| and 10 provide useful sanitary, scientific and
| hygenc places and apparatus where its pa
| tients may be treated. attended and cared for
| by regularly licensed practitioners Of medi-
| cine and surgery and skilful and competent
| nurses. as may be lawful; 10 own, lease, hire
| or otherwise acquire, convey, mortgage, sell
| or otherwise deal in or dispose OF real estate,
| buildings, hospitals, supplies, drugs and APP
| paratus as shall from time to time be found
| needful, convenient, desirable in and about
| the operation conduct of its said business,
| and to contract with its patients for such
service and attention, and, generally, TO own,
maintain and conduct hospitals, and to have
| such general and individual powers may
be necessary in furtherance OF the objects
Hand purposes herein set forth or 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 (2,0OU) shares OF the par
value OF len SlO.U) 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 $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.
l. 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
(2S0) shares each, aggregate of Ten
Thousand (slO.OOO) Dollars the same to be
lpad for by the sale, transfer and assignment
/ by the subscribers hereto to said corpora
ton of that certain contract by and between
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 use in the State of Louisiana
. | of the Neal remedies. medicines and treatment
: of the drink, drug and other addiclons, the
a dispensing of which is made the primary OBJ.
kject of incorporation hereunder, and which said
, | contract has been appraised by the board OF
\ | directors hereinafter named, at the price and
E \ sum of Ten Thousand Dollars. And said sub
r scribers being the joint owners of the afore
r said franchise contract, have elected TO take
stock in this corporation in lieu OF the pay
: ment by it to them of cash money. The residue
of said capital stock shall be issued and paiC
: for subject to the action of the Board o.
: Directors. but within twelve months from
4 and after the date hereof. The capital stocl
y of this corporation may be increased TO thu
E sum of 100000, in accordance with the pro
f visions of law pertaining thereto.
: ARTICLE YAH the powers of this cor
s poration shall be vested in and be exercised
by a Board of not less than three nor NOR
v than five Directors, to be elected each at tn
/, Stockholders Annual Meeting. The person
e | so named as Directors, all of whom shall
d he bona ide stockholders. may select from
their own number President, Vice-Presi
:: dent, and Seeretary-Treasurer. The frs
g Board of Directors, with postoffce addresses
o are as follows: ]. V. Allen, who shall b
y President Birmingham. Ala; VIM. Teney
l. who shall be Vice-Presdent, Birmingham
!. Ala; Marion Allen, who shall be Secretary
D. Treasurer, Birmingham, Ala:
Ie On the second Tuesday of January, 1916, an
"a on the same day of each succeeding. year, ex
81 cept when such day shall fall on legal holi
Ie day, then upon the next following layday
X the stockholders shall elect a Board Of Di
n rectors for the ensuing year, the Board alread
/. installed to continue TO hold over until thei
\. successors are elected and qualified.
The Board of Directors so elected shall Sc
lect from their own number the officers of I'll
IN corporation as above provided, and shall ais
ID appoint a manager of the corporation. TIL
n election of Directors shall be by ballot, an
a. the persons receiving the largest number G
rs votes cast shall be declared elected. Fc
ie electing Directors or for any other purpose
each share Of stock, whether present or b
[. proxy, shall be entitled to one vote, an
majority of votes cast shall be require
80 to pass any resolution or decide any questio