The herald. [volume] (New Orleans, La.) 1905-1953, 1918-07-11
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, 1918, before me, Scott +.
Beer, Notary Public, in and for the Par
1sh of Orleans, State of Louisiana. there
in residing, duly sworn, commissioned and
qualified. and in the presence of the wit
nesscs hereinafter named and undersign-
ed. personally came and appeared:
The various parties who hereafter sub
scribe their names hereto who declared
that avaihng themselves of the laws of the
state or 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 "Oleopath 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 or by IL, all
the powers conferred by law upon cor
poratlons, 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 III.-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
or inability to act, upon any officer OF
this corporation.
Article IV.-The amount of the capital
| stock of this corporation is hereby fixed
at ten thousand dollars $50 0O0.00) which
shall consist of one hundred shares 400
| OI the par value OF Vnv NUM-, IU4.
| ($1OO) each fifty per cent of the said cal
| ital stock shall be subscribed for befor
| the filing Of these articles of incorporation
md fifty per cent of said subscription.
shall be paid for before the corporation
shall engage In its business.
| 49, ninder ~ tho authorized canita
stock shall be paid for when subscribed
at such times as the Board Of Directors
shall determine, and all stock shall be
paid for in full In cash. labor done for
the benefit of the corporation, or in prop
The amount to which the capital stock
of this corporation may be increased is
the sum Of s100.0000O, that is, one hun
dred thousand dollars.
| No transfer Of stock shall be binding on
| this corporation unless made on the books
of the corporation, and no sale or other
disposition of the said stock shall be valid
unless the said stock be first offered In
writing to the remaining stockholders OF
this company for ten days at a price not
to exceed the book value thereof, on the
date of the said offer, after which. II the
said offer is not accepted by some such
stockholder, the said stock may be sold
by the owner thereof at will All stock
acquired in this corporation shall be sub