The herald. [volume] (New Orleans, La.) 1905-1953, 1918-07-25
CHARTER OF
OLEOPATH COMPANY. INC.


state of louisiana Parish of Orleans, City
of New Orleans.
lie il known that on this 18th day of the
month of June. 1913, before me, Scott f.
Beer, Notary Public, in and for the Par
iSh of Orleans, State of Louisiana. there
in residltc. duly sworn, commissioned and
qualified, and in the presence of the wit
ncSScs hereinafter named and undersign-
ed. personally came and appeared:
The various parties who hereafter sub
scribe their names hereto who declared
that avaiiipg themselves of the laws of the
State of Louisiana, relative to the organ
iZatiOn of corporations, they constitute
themselves, their successors and assigns.
a corporation under the stipulatiOns here
matter set out which they adopt as their
charter, tO-wit:
Article 1.-The name of this corporation
shall be the "OleOphth Company, Inc"
and the period of its duration shall be
ninety nine years from and after the date
hereof, and it shall have for the purposes
of the business TO be carried on by it, all
the powers conferred by law upon cor
pOratiOns and shall generally exercise all
the powers necessary to carry on the said
business.
Article 1.-THE objects and purposes
for which this corporation is organized
and the nature of the business to be car
ried on by it are here declared to be the
| following:
To teach and instruct the science of ole
Opathy; to acquire proprietary rights and
| formulas covering medical preparations,
| and to manufacture and sell medical pre-
| paratiOns for the treatment of diseases,
and generally to do all the things neces-
sary and incidental to the said purposes
| above stated or related to and growing
out of and connected Herewith.
Article II.-The domicile of this cor
pOration shall be in the City of New Or
| leans, State of Louisiana, and all citations
and other legal process shall be served on
the President and in case of his absence
| nr inability officer
| this corporation.
Article IV.-The amount of the capital
| stock of this corporation is hereby fixed
at ten thousand dollars ($100O0O0) which
| shall consist of one hundred shares (1OO)
| of the par value of one hundred dollars
| $1,000 each; fifty per cent of the said cap
ital stock shall be subscribed for before
the filing of these articles of incorporation
and fifty per cent of said subscriptions
shall be paid for before the corporation
shall engage in its business.
The remainder of the authorized capital
stock shall be paid for when subscribed
at such times as the Board of Directors
shall determine, and all stock shall ot
paid for in full in cash. labor done fol
the benefit of the corporation, or in prop
erty actually received by this corporation
The amount to which the capital stoci
of this corporation may be increased II
the sum of 100000, that is, one hun
dred thousand dollars.
] No transfer of stock shall be binding OF
this corporation unless Hdue on the uOohi
of the corporation, and no sale or othe
disposition of the said stock shall be yalit
unless the said stock be first offered II
writing to the remaining stockholders
this company for ten days at a price no
to exceed the book value thereof, on tn
, date of the said offer, after which, IL tn
said offer is not accepted by some sue
stockholder, the said stock may be sol.
by the owner thereof at will. All stocl
acquired in this corporation shall be SUB
iect to all the provisions of this charter
Article VAN the powers OF this cor
poration shall be vested in and the Dusl
|. ness of this corporation shall be manages
, of eight stockholders of this compan
who shall be elected annually at the an
, nual meeting of the stockholders OF thl
! CORPORATION which annual meeting sha
! be on the first Monday in July. The mrs
Board of Directors shall serve until thei
successors are duly elected and qualihee
Five shall constitute a quorum OF the sal
Board, and are authorized to transact tn
business of this corporation.
: The first Board of Directors OF this col
E poration shall be the following:
4 c. p. Carmody, New Orleans, Louisiana
J. Peter Schneider, New Orleans, Louis
: ana; J. Edmund Leclere, New Orlean
/ leans, Louisiana; Henry J. Robert, Ne
|, Orleans, Louisiana; Henry Mestayer, Ne
|. Orleans, Louisiana; I. e. Grinnen, Ne
= Orleans, louisiana; ]. j. Dwyer, New U
leans, Louisiana; of whom Henry +: Il
clere shall be the President, Henry Mes
d aver shall be the Vice President, j. Il,
d mund Leelere shall be the Secretary,
s J. Robert shall be the Treasurer.
a Each subsequent Board of Directo
l. shall elect from their number, as soon
s. possible after its election, as the Office
d Of this corporation, President, a vi