The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-29
CHARTER

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contract 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-
paratons, 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 OF
requisite to the compromising and sale OF
medicines and liniments and to the pur-
chase and sale of merchandise and personal
property.
ARTICLE IV.-The capital stock of this
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 Thirty Shares
shall have been subscribed. No stock
snail 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 II 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.
termlne and complete the purchase All GER
tIticateS of stock issued by this corporation
shall bear an inscription making the trans
ter OF its stock subject to the restrictions
contained IN this act OF Incorporation.
ARTICLE V.-The corporate powers OF
this corporation shall be vested in and ex-
erclsed by Board of Directors composed OF
tive stockholders; who shall be elected by
the holders OF the stock in this corporation
annually, a majority of whom shall consti-
tute a quorum; they shall elect from their
number President, Nice-President Secre-
tary and Treasurer. All elections for direc-
tors OF this association shall be held at the
otilce Of the corporation by ballot, each
snare OF stock being entitled to one vote.
ne flrst election under this corporation shall
De 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: H
Z. Hornung, Vice President; Morris Miller,
Secretary and Mrs. Bertha Miller, Treasur,
err ANY vacancies occurring in the Direc-
tors shall be filled by the remaining direc-
LOTS t:II with the election of stakeholder to
fill the unexpred term.
ARTICLE NI.-This 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 meeting of the stockholders call
ed Tor that purpose, after 10 days written
notice to each stakeholder at his last known
place of residence
ARTICLE VINO stakeholder of this
corporation shall be held liable or resnons;hie
for the contracts. faults or debts of This cor
poration. nor shall any informality in the
organization OF this corporation have the ef
iect OF exposing a stakeholder to any liza
billty therefor.
this corporation by Limitation or otherwise
It's affairs shall be liquidated under the sup-
ervision of three stockholders elected bv the
stockholders of this corporation. they to com
ilnue 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
the remaining liquidators may continue and
complete the liquidation by themselves or
may M the vacancy by the election of
stakeholder as liquidator
ARTICLE lX.-Henry c. Hornung, a sub
scriber for ten shares of the capital stock
OF this corporation, declared that he hereby
sells to this Louisiana Medicine Company,
the formulas, trademarks, and copyrights
covering the following named medicines iini
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, lini-
ments and remedies. viz: DR.. H. c. Hor-
Palm Olive; DR.. H. c. Hornung's Fever
Remedy; DR.. II. c. Hornungs Dry Powder:
DR.. II. e.. Hornung's Live Stock Renovator'
. In addition to the sale of said medicines,
ployed by the Louisiana Medicine COMPANY !
as chemist at salary of Thirty $4,000 Dol. |
airs per week to make prepare and com !
bound the above named preparations and |
hereby binds and obligates himself not TO
prepare or compound, or to permit any other
person to make prepare or compound anv Of |
he above named preparations for any other |
person, partnership corporation or TO in. |
rust any person in the making of the pre-
,aratlon or compromising. any of the above |
famed preparations within five years from
he Date hereof. That the cosideration of |
aid sale and the other obligations above |
let forth is the sum of One Thousand Dollars
'ayable with ten shares of the capital stock
um of Thirty $4,000 Dollars per week.
alary while in the service of said corpora
ion. Arthur J. Hitler. Morris Miller. Mrs.
Bertha Miller. Leo Miller and H. c. Hor.
lung, the Directors Of this corporation here
y appraise the property above named at
)ne Thousand Dollars.
thus done and passed. In my office, at
he City of New Orleans. on the day, month
nd year herein first above written IN the
resence of Miss Amelia Swanson and
'haries V. Macaluso, competent witnesses.
Who hereto sign their names with said APP
carers and me. Notary, after reading of
he whole.
Witnesses: A. Swanson. c. V. Macaluso.
Original Signed DR.. Henry c. Hornung.
sO6 Magazine St, New Orleans. La, 10
hares: A. ]. Hitler. 1901 Genl Pershing St Z
Jew Orleans La. IS shares; Bertha Miller,
sol GenI Pershing St. New Orleans. La,
ng St, New Orleans. La, shares; Leo
liller. 1901 Genl Pershing ST., New Or
cans, La, 5 shares.
GEO. J. UNTEREINER.
Notary Public.
l. the undersigned, Recorder of Mortgages.
L and for the Parish of Orleans, State of
ouisiana. do hereby certify that the above
nd foregoing Act of Incorporation. of the
ouisiana Medicine Co., was this day duly
ecorded in my office, in Book 1928, Folio
u.
New Orleans. April oath. 1919.
(Signed) EMILE J. LEONARD, Dy. R.
GEO. J. UNTEREINER.
Notary Public.
May to June II. inc.
CHARTER OF FARRELL SHIPPING I