The herald., 1919-06-05
CHARTER

contract or otherwise of formulas naming the
! ingredients and proportions thereof tor COM
pounding medicine, the acquiring OF copy
| rights and trademarks, the compromising and
sale of medicines, liniments and other pre-
| partitions, the purchase and sale of drugs,
chemicals. oils, merchandise and all kinds
| of personal property and generally to do
and perform any and all acts necessary or
requisite to the compoundIng and sale OF
medicines and liniments and to the pur,
chase and sale OF merchandise and personal
property.
corporation is hereby fixed at Five Thousand
| Dollars, divided into fifty shares Of the par
value of One Hundred Dollars. This cor
poration shall begin business as soon as
Three Thousand Dollars or Thirty Shares
shall have been subscribed. No stock
shall be issued by this corporation until it
shall have been fully paid for No stock
shall be sold without the unanimous consent
of its Board of Directors. No stakeholder
of this corporation shall sell, or dispose Of
his stock in this corporation, shall any
stock of this corporation be transferred on
its books until it has been offered to the
! corporation at a price not TO exceed its book
value and delay OF ten days shall have
| elapsed from the date OF the offer to de-
termine and complete the purchase. All GER
tificates of stock issued by this corporation
! shall bear inscription making the trans
| Ter of its stock subject to the restrictions
contained in this act of Incorporation
ARTICLE V.-Ihe corporate powers OF
this corporation shall be vested in and
ercised by a Board of Directors composed OF
five stockholders; who shall be elected by
| the holders of the stock in this corporation
annually, majority of whom shall consti-
tute a quorum; they shall elect from their
tary and Treasurer. All elections for drec-
tors of this association shall be held at the
office of the corporation by ballot, each
share. OF stock being entitled to one vote.
Il
be held in January of 1920, and annually
thereafter, the first Board of Directors shall
be composed of the following stockholders,
viz: Arthur J. Hitler. Morris Miller. Mrs.
Bertha Miller, Henry c. Hornung and Leo.
Miller, with A. J. Hitler as President; II.
c. Hornung, Nice-Presdent; Morris Miller,
Secretary and Mrs. Bertha Miller Treasur-
er. Any vacancies occurring in the Direc-
tors shall be filled by the remaining direc-
tors with the election of a stakeholder to
fill the uneXpired term.
ARTICLE VI.-Ths act of Incorporation
may be annexed, modified and altered and
this corporation may be dissolved with the
| assent OF three fourths of the stock repre-
scented at a meeting of the stockholders call
ed for that purpose, after 10 days written
notice to each stakeholder at his last known
place of residence.
| ARTICLE VII-No stakeholder of this
corporation shall be held liable or responsible
for the contracts, faults or debts of this cor
poration, nor shall any informality in the
organization of this corporation have the eff
feet of exposing a s.ockholder to any liza
bility therefor
ARTICLE VIII.-Upon the dissolution of
this corporation by limitation otherwise
its affairs shall be liauidated under the sup
ervision Of three stockholders elected by the
stockholders of this corporation, they to con-
tinue in office until liquidation of the af-
fairs of the corporation shall have been
completed: in case of death or inability of
any of the liquidators to perform their duties
a me- and
complete the liquidation by themselves or
may fill the vacancy by the election of a
stakeholder as liquidator..
ARTICLE IN.-Henry c. Hornung. sub
scriber for ten shares of the capital stock
of this corporation, declared that he hereby
sells 10 this Louisiana Medicine Company,
the formulas, trademarks, and copyrights
covering the following named medicines, lini-
ments and other remedies used in connec-
ton Herewith the sole and exclusive right
to make, prepare, compound, manufacture
and sell the following named medicines, linz
ments and remedies, viz; DR.. H. c. Hor-
Palm Olive; DR.. H. C. Hornung's Fever
Remedy; DR.. H. c. Hornungs Dry Powder
Dr. H. C. Hornung's Live Stock Renovation
In addition to the sale of said medicines
ployed by the Louisiana Medicine Company
as chemist at salary of Thirty $4,000 Dol
lars per week to make. prepare and com
pound the above named preparations and
hereby DindS ana ODllRdteS niflSen NOT &c
prepare or compound, or to permit any other
; person to make, prepare or compound any Of
, the above named preparations for any Other
. person, partnership or corporation. or to in
trust any person in the making of the pre-
. paration or compoundng any of the above
named preparations within five years from
the date hereof. That the cosideration o
! said sale and the other obligations above
!; set forth is the sum of One Thousand Dollar
payable with ten shares of the capital stool
of said corporation and the payment of thu
7 sum of Thirty $4,000 Dollars per week
salary while in the service of said corpora
ton. Arthur J.. Hitler, Morris Miller, Mrs
7 Bertha Miller, Leo Miller and H. c. Hor
( nung. the Directors of this corporation here
by appraise the property above named a
r One Thousand Dollars.
Thus done and passed, IN my office a
the City of New Orleans. on the day, montl
o and year herein first above written IN tn
5 presence Of Miss Amelia Swanson an
! Charles V. Macsluso, competent witnesses
, who hereto sign their names with said ap
d bearers and me, Notary, after reading o
4 Witnesses: A. Swanson. C. w. Macalusc
Original Signed DR.. Henry c. Hornune
: 1906 Magazine St, New Orleans, La,
S shares: A. J. Hitler, 1901 Genr Pershing St
!. 1901 Genr Pershing St, New Orleans. La
:, IS shares; Morris Miller, 1901 GenI Perish
= ing St, New Orleans. La, 5 shares; lie
e Miller, 1901 Gen'1 Pershing St, New Or
e GEO. J. UNTEREINER.
Notary Public.
i I, the undersigned, Recorder of Mortgages
i in and for the Parish of Orleans, State Q
|. Louisiana, do hereby certify that the abov
), and foregoing Act of Incorporation. of tn
Louisiana Medicine Co., was this day dull
recorded in my office, in Book 1928, Foil
, l404
i New Orleans April Path 1919
(SignedD EMILE ]. LEONARD, by. R.
4 A true copy
GEO J. UNTEREINER.
Notary Public.
May to June II. inc.
CHARTER OF FARRELL SHIPPING