The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-22
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-
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 linments 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
poratlon shall begin business as soon as
| Three Thousand Dollars or 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, dispose of
his stock in this corporation, nor 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
tItlcates OF stock issued by this corporation
shall bear an inscription making the trans
ter OF its stock subject to the restrictions
ARTICLE V.-The corporate powers Of
this corporation shall be vested in and ex-
erclsed by Board OF Directors composed of
i've stockholders; who shall be elected by
the holders of the stock in this corporation
annually, majority of whom shall consti.
tuie 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
l he tlrst 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 ]. Hitler. Morris Miller. Mrs
bertha Miller, Henry c. Hornung and Leo
Miller with 4. ]. Hitler as President: III
I. Hornung, Fice-Presdent; Morris Miller.
secretary and Mrs. Bertha Miller. Treasur.
tors shall be filled by the remaining direc-
tors with the election OF a stockhoIder n
I'LL the uneXpired term
ARTICLE NI.-This act of incorporation
may. may oe annexed modified and altered and
ms corporation may be dissolved with the
assent OF three fOurths of the stock renre.
scented at meeting of the stockholders cali.
ed Tor that purpose. after 10 days written
h9uce 10 each stakeholder at his last known
place of residence
ARTICLE NII-No stakeholder of this
corporation shall be held liable or responsible
Tor the contracts, faults or debts of this cor
poratlon. nor shall any informality in the
organization OF this corporation have the Ell
bility therefor ''a'
ARTICLE VIII.-Upon the dissolution of
tins corporation by limitation or otherwise
IT'S affairs shall be liquidated under the sun
ervlSion OF three stockholders elected bv the
stockholders Of this corporation, thew 10 ron
tlnue IN office until Liquidation of the af
IairS OF the corporation shall have been
completed; IN case of death inability of
any an OF me liquidators to perform their duties.
the remaining liquidators may continue and
complete the liquidation by themselves or
may MI the vacancy by the election of
stakeholder liquidator
ARTICLE IX.-IIenry c. Hornung. sub
scri6er for ten shares of the capital stock
a r, ehls 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.
non herewith the sole and exclusive right
to make, prepare, compound, manufacture
and sell the following named medicines. Iini-
ments and remedies, viz: DIR. II. c Hor-
nungs Indian Linment: DR.. H. C. Hornune's
balm Oliye; Dr. II. c. Hornungs Fever
DR.. II. {. 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 salary Of Thirty $4,000 Dol.
pound the above named preparations and
hereby binds and obligates himself not TO
prepare or compound, or to permit any other
person 10 make, prepare compound any of
'he ABOVE named preparations for any other
person, partnership corporation or to in
trust any person in the making of the pre-
paratlon or compromising any of the above
named preparations within five years from
the date hereof. That the cosideraton of
said sale and the other obligations above
set forth is the sum of One Thousand Dollars
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 H. c. Hor. |
hung, the Directors of this corporation here
by appraise the property above named at
One Thousand Dollars.
the City of New Orleans. on the day, month |
and year herein first above written IN the |
presence Of Miss Amelia Swanson and |
Iharles V. Macaluso. competent witnesses |
bearers and me, Notary, after reading of |
the whole.
Witnesses: A. Swanson. c. V. MacaIuso
Original Signed DR.. Henry c. Hornung |
shares: A. J. Hitler, 1901 Gen'l Pershing St,
New Orleans La. IS shares; Bertha Miller,
l5Ul Gen1 Pershing St, New Orleans. La,
IS shares: Morris Miller. 1901 Gen'l Perish. |
ing St, New Orleans. La, shares; Leo
Miller. 1901 Gen1 Pershing ST., New Or
eans, La, shares
GEO. !. UNTEREINER.
Notary Public.
|, the undersigned, Recorder of Mortgages.
n and for the Parish of Orleans, State of
louisiana, do hereby certify that the above
md foregoing Act of Incorporation. of the
Louisiana Medicine Co., was this day dulv
accorded in my office, in Book 1928, Folio
I04.
New Orleans. April oath. 1919.
tSigned) EMILE J. LEONARD, by. R.
true copy.
GEO. ]. UNTEREINER.
Notary Public.
May to June II. inc.
CHARTER OF FARRELL SHIPPING
COMPANY, INCORPORATED. Il