The herald. [volume] (New Orleans, La.) 1905-1953, 1915-03-04
ACT OF INCORPORATION
OF NEAL INSTITUTES COMPANY OF
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 fifteen
and of the Independence OF the United States
OF America. the one hundred and thirty -uinth
before me, Charles +. FletChingcr. a notary
public, duly commissioned and qualified IN and
for the State, parish and city aforesaid, there
in residing, and IN the presence OF the Wit
nCsses hereinafter named and undersigned
personally came and appeared the several
persons whose names are hcreunto subscribed,
who declared that, availing themselves of
the laws OF this State relative 10 the foTma-
ton and organization of corporations, they
have c0veuauted and agreed and do, by these
presents, covenant and agree and bind them
selves, well 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 Stlpu-
lations 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 eNis-
tenCe 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 II shall have
power and authority to contract, sue and
he sued, 10 make and use corporate seal,
the same to alter or break at pleasure,
10 make all necessary rlncs and regulations
lpl ltN lhldtG NplllIbl ana
shall have and enjoy all the rights. privileges
and immunities which now conferred upon,
or may hereafter be granted to 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 10
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 II 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 Tor the when
ever II shall be deemed wise and expedient
or necessary; to operate under contract or
franchise from the Neal Institutes Company,
of Chicago, Ill, and to administer treatment
according to the methods Of said Neal lnsti-
tutes Company; to own, conduct operate
hospitals in New Orleans or elsewhere in the
State of Louisiana for the care and atteu-
ltiOn OF the sick, injured, aged or inhrm,
and to provide useful sanitary, scientific and
hySlenic places and apparatus where its pa
tients may be treated, attended and cared for
by regularly licensed practitioners Of medi-
cine and surgery and skllful and competent
nurses, as may be lawful to own, lease, hire
or otherwise acquire, convey, mortgage, sell
or otherwise deal in dispose Of real estate,
buildings, hospitals. supplies, drugs and ap-
paratus as shall from time to time be found
needful, 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, to own,
maintain and conduct hospitals, and to have
such general and individual powers may
be necessary in furtherance of the objects
and purposes herein set forth or such as
natural person might have exercise, and
to have and be vested with such powers as
are conferred upon corporations OF the same
Ii nVnI cha AGfa - H..
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 (20OO 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
iof property or services actually received by
or rendered to said corporation. This corpora
tion shall commence business and become
going concern as soon $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-
bic.
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
(EoO) shares each, or an aggregate of Ten
Thousand $4,000 Dollars, the same to be
paid for by the sale, transfer and assignment
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 addictions the
dispensing of which is made the primary OBJ
ject of incorporation hereunder, and which said
contract has been appraised by the board Of
directors hereinafter named, at the price and
sum of Ten Thousand Dollars. And said sub
scribers being the joint owners of the afore-
said franchise or 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 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 s50,OOOOO, in accordance with the pro-
visions of law pertaining thereto.
ARTICLE V.-All the powers of this cor.
poTation shall be vested in and be exercised
by Board of not less than three nor more
Stockholders Annual Meeting. The persons
so named as Directors, all of whom shall
be bona fde stockholders may select from
their own number a President, Vice-Presi-
dent, and a Secretary-Treasurer. The first
Board of Directors, with postoffce addresses,
are as follows: ]. V. Allen, who shall be
President, birmingham, Ala; VIM. Teney,
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 on legal Holt
day, then upon the next following layday,