The herald., 1919-05-15
THE HERALD, NEW ORLEANS, LOUISIANA.
CHARTER

contract or otherwise of formulas naming the
| ingredients and proportions thereof for COM
pounding medicine, the acquiring OF copy,
| rights and trademarks, the compromising and
| sale of medicines, liniments and other pre-
parations, 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 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 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 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 a delay of ten days shall have
elapsed from the date of the offer to de-
| termine and complete the purchase. All GER
thcates OF stock issued by this corporation
| shall bear an inscription making the trans
fer of its stock subject to the restrictions
contained in this act of Incorporation.
| ARTICLE N.-The corporate powers OF
this corporation shall be vested in and ex-
ercised by Board of Directors composed OF
five 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, Vice-President Secre-
tary and Treasurer. All elections for direc-
tors of this association shall be held at the
office OF the corporation by ballot, each
share OF stock being entitled to one vote
The first 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
N Miller Ter with A J. Hitler as President; H.
Secretary and Mrs. Bertha Miller. Treasur.
| er. Any vacancies occurring in the Direc-
tors shall be filled by the remaining aiirec-
tors with the election of stakeholder to
| till the uneXpired term.
| ARTICLE NI.-This act OF incorporation
may be annexed, modified and altered and
thls corporation may be dissolved with the
assent OF three fourths OF the stock repre-
| sented at meeting of the stockholders call
| ed for that purpose. after 10 DAYS written
notice 10 each stakeholder at his last known
place of residence
ARTICLE Vino stakeholder of this
corporation shall be held liable or responsible
for the contracts. faults or debts of This co..
poration, shall any informality in the
organization OF this corporation have the eff
ieGt OF exposing stakeholder to any liza
| bilIty therefor
| ARTICLE VIII-Upon the dissolution Of
TINS corporation by limitation or otherwise
its affairs shall be lqudated under the SUD.
ervlsion OF three stockholders elected by the
stockholders OF this corporation, they to con-
tlnue IN office until liquidation of the af-
tairs or the corporation shall have been
completed; in case of death or inability of
any OF the lqudators to perform their duties
the remaining liquidators may continue and
complete the liquidation by themselves or
may nj the vacancy by the election OF
stakeholder liquidator
ARTICLE lN-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 lni-
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. Ini-
ments and remedies. viz: Dr. II. c. Hor-
nungs Indian Liniment; DIR. H. C. Hornunp's
Palm Olive; DIR. H. c. Hornung's Fever
Kennedy; Dr. II. c. Hornung's Dry Powder;
DR.. II. c. Hornung's Live Stock Renovator
In addition to the sale of said medicines,
liniments and remedies he has been EN-.
ployed by the Louisiana Medicine Company
as chemist at a salary of Thirty $4,000 Dol
lars per week to make; prepare and com
hereby binds and otligates himself not to
prepare or compound, 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 compounding any of the above
named preparations within five years from
the date hereof That the cosideration of
said sale and the other obligations above
set forth is the sum of One Thousand Dollars
payable with ten shares of the capital stock
OF said corporation and the payment of the
sum OF Thirty $4,000 Dollars per week,
ton. Arthur J. Hitler. Morris Miller, Mrs.
Bertha Miller, Leo Miller and II. c. Hor-
nung, the Directors of this corporation here
by aPpraise the property above named at
One Thousand Dollars
Thus done and passed, IN my office. at
the City of New Orleans. on the day, month
and year herein first above written IN the
presence of Miss Amelia Swanson and
Charles " Macaluso, competent witnesses.
who hereto sign their names with said ap-
bearers and ME, Notary, after reading of
the whole.
Witnesses: A. Swanson. c. v. Macaluso.
Original Signed DR.. Henry c. Hornung.
shares; A. ]. Hitler. 1901 Gen'l Pershing ST.,
New Orleans La. IS shares; Bertha Miller,
1901 Genl Pershing St, New Orleans. La.
IS shares: Morris Miller, 1901 Genr Perish.
ing St. New Orleans. La, shares; Leo
Miller, 1901 GenT Pershing St, New Or.
leans, La, shares
GEO. ]. UNTEREINER.
Notary Public.
/. the undersigned. Recorder of Mortgages,
in and for the Parish of Orleans, State of
louisiana. do hereby certify that the above
and foregoing Act of Incorporation. of the
Louisiana Medicine Co., was this day duly
404
New Orleans. April oath. 1919
tSigned) EMILE J. LEONARD, by. R.
true copy.
GEO. J. UNTEREINER.
=, Notary Public
May to June II. inc.