The herald., 1916-06-08
CHARTER
OF RADlUM INSTITUTE OF NEW OR
LEANS, INC.

l-i~+N-NN, IN.
United States oi America. State Of Louisiana
Parish ot Orleans, City OF New Orleans
Re !, known. ,ha; on this fifth Jav of I'm
| month Of June, IN the year one thousand
1 nine hundred and sixteen. before me, Charlie
| kosen, notary public. duly COMM stone,
! and qualified, IN and Tor the parish Of Or
| leans, State pf Louisiana, therein residing
! ana IN the presence Of the witnesses herein
! after named and uuicrsl gncd.
: reasonably came and appeared the scvcrI
| subscribers hereto. OF full age. who declare,
| that, dNaliug themselves OF the laws of thI,
! State relative to the organization Of corpo
! ratons IN such cases provided, they hcreb,
! torn themselves, their associates and sue
c"ssorS, into a corporation under the folio. .,
! lng Articles OF Incorporation, which they
| hereby adopt As their charter, tO-wit:
Article The name OF this corporation
| shall De Rldlum Institute Of New Orleans
Inc; and its domicI!e shall be in the city
| u New Orleans, State Of Louisiana.
Article 1.-The purposes Tor which thi,
-1rporaii0n IS formed hereby declared
| to be: 10 purchase, rent or otherwise ac
quiTe radIum IN any and all its forms, and
10 use The sane for the treatment Of persons
and for scientific and medical purposes fol
compensation or otherwise, in any manner
the corporation shall decide; and 10 that end
10 purchase, rent, OF otherwise acquire, and
use, any apparatus or appliances necessary
Or incidental thereto.
Article III-Thc amount Of the capital
stock Of tins corporation j. hereby fixed at
twenty thousand t$10,0OOOI dollars. consist
ing 81 two hundred shares Of the par value
Of one hundred dollars per share whereof
fifty per cent shall be subscribed before the
hlIng Of these Articles of Incorporation. All
stock subscribed for shall be paid for in
cash or property received, fifty per cent be
tore the cooperation engages in business, and
the remainder within twelve months as de
termlned by the board Of directors Each
share Of stock shall be entitled TO one vote
all ~.
To- the same rights and privileges as any
other such share.
The amount to which the capital stock may
be increased is one hundred thousand ($lOO,-
OUcOcD dollars.
Article VT is part Of the mutual agree
ment under which the Stockholders hereof
have formed this corporation that each and
all OF them for themselves, their assoc-
ates and successors, hereby agree that none
OF the capital stock now or hereafter sub
scribed Tor or issued shall or may be sold,
parted with or otherwise disposed Of with
out hrst being offered in writing through the
board Of directors to the other stockholders
IN proportion 10 their respective holdings,
tor thirty days al a price not 20 exceed the
book value thereof shown by the books
Of the corporation. Should any stockholdcr
tan TO purchase his proportion, the other
stockholders may purchase such proportion
IN proportion to their respective holdings. All !
stock shall be issued and held subject 10 !
he terms and conditions Of this Article of
nc NuhIIcis ana inns Article cannot be |
amended except by unanimous consent
Article VT is further a part OF the |
mutual agreement under which the stock |
FOLDERS hereof have entered into this cor |
,oration that each and all OF them, for
themselves, their associates, and successors
hereby agree that all radiun or other prop
.rty purchased, rented, or otherwise ac-
uired by the corporation, shall be kept and
ised permanently al, the Touro Iufrmary Of
Few Orleans, provided same be authorized
" said TOurO lnhrmary without other ex-
ense TO this corporation than as may be de. |
ermlned by this corporation, and shall not
e removed therefrom nor used outside there.
I without the unanimous consent OF all the
tockholders; and this Article cannot be
mended except by unanimous consent
Article NL-The period or duration Of this
shall be ninety-nine years from
his date; and it shall have all the powers
onferred by law upon corporations.
Article VII-All the corporate powers of
his corporation shall be vested in, and its
uslness and affairs managed by, not less
han three nor more than ten directors, as
etermined and elected by the stockholders
rom time TO time.
The board of directors shall elect from
mOng their own number the following Off
ers, tO-wIt, a president, a vice-preSident |
me separate the last named Office and elect
treasurer and a secretary. SAID secretary
-easurer, or If divided the secretary and
le treasurer, need not be members Of the
lay create and elect any other officers,
gents, and employees II deems advisable, !
nd may hN and determine the powers and
Ities and compensation Of all.
The board OF directors may hll any vacancy
the board or among the officers at any
me by a majority vote Of the entire board. :
very director must have standing in his {
anne on the books of the corporation at {
asst twenty shares Of the capital stock Of
lie corporation.
The board Of directors may make, amend !
I'd repeal all bylaws, rules and regulations
r the direction and management Of the
rpOratIon, not in conflict or inconsistent ;
it'll the law or this charter. The first an ?
Ial meeting Of the stockholders shall be e,
Id on the first Sunday of April. 1917. until 5
lich time the directors and officers elected
the stockholders after the organization Of
is corporation shall, continue 70 act.
Article VIII.-The names and post Office !
dresses OF the subscribers 70 these Articles ;
lmber OF shares Of stock which each agrees
take in the corporation are as follows,
wit: 0
DR.. 6. VI. D. Clark, Cusach Building, New 4
leans, La, twenty shares; DR.. II. s. Coo a
N, Cusachs Building New Orleans. La, y
enty shares, DR.. Wm. Kohlmann Mason
anche Bldg, New Orleans, La. twenty q
ares; DR.. U. Macs Maison Blanche Bldg, I
w Orleans. La, twenty shares; DR.. +. D. Z
ar;n, al Carondeet Street. New Orleans, d
l., twenty shares; DR.. K. Matas, 1923 Pry-t
: F. w. Parham, al Carondelet Street, il
w Orleans, La, twenty shares. II
Article lX.-The Touro Infrmary g. He D
ew Benevolent Association of New Or s.
ms is hereby authorized TO own stock in T,