The herald. [volume] (New Orleans, La.) 1905-1953, 1920-07-22
July II August 10.
CHARTER OF SOUTHERN RADIIM
CLINIC, INCORPORATED.

City Of New Orleans Re il known. THAI
on this 18th day of July in the wear a..
our Lnrd' nineteen hundred and twenty.
and of the Independence of the United
states of America. the one hundred and
forty fifth. before me. Warren V. Miller
Notary Public. in and for the Parish q
Orleans. Louisiana. and in the presence q.
III" witnesses hereinafter named and nm.
der>igned. personally came and appeared
the several persons whose names are herr
matter subscribed. all of full age, who dc
clared unto me, Notary, that awaiting
themselves of the laws of the State of Lou
iSiana relative to the organization Of cor
porations. they do by these presents con
tract. agree, covenant. stipulate and bind
themselves, well rs such persons ~
may hereafter become associated with
them TO form and constitute Il CORPORATION
and body polite in law for the objects and
purposes and under the stipuIatiOns here
. matter set forth. tO-wit:
ARTICLE 1.-The name and title Of
TINS corporation shall be southern RIA
dunn Clinic. Incorporated" and under
such title il shall have and enjoy success
sion and existence for a ppriOd of ninety-
nine years from date hereof: the dOmicilc
of this corporation shall be i'm the CITY of
New Orleans. State of Louisiana. where
all citations and other legal process shall
he served upon the the President or i'm
his absence. upon the Vice President or
IN the absence of both President and Vice
/ President. upon the Secretary
ARTICLE 1.-THE capital stock of this
. III
! twenty thousand dollars $50 900 OOl all
of whcih shall be divided into and rcprr-
scented by two hundred shares Of the mar
value of one hundred tS100l dollars each.
/ Stock may he paid for in money. in Scrv-
ices rendered to the corporation. or in
I property and good will regularly trans
terr"d 10 the corporation. all as shall he
! determined by the Board Of Directors
ARTICLE III.-The objects and pur-
poses of this corporation and for which il
/ i organized are hereby declared to be
4 To purchase. sell. rent lease or in any
other manner acquire hold. use or ALLEVIATE
radium or any of its derivatives or com
/ pounds in any and all of its or their
forms. and to use the same for treatment
of persons under competent licensed ply
/ Sicians and for scientific and medical pur-
poses. for compensation or otherwise and
/ i'm any manner the corporation shall de-
/ eide. and for that end To purchase. sell
rent build or otherwise acquire. hold. use
/ or ALLEVIATE any and all apparatus or ap-
/ plianceS necessary or incidental to the use
| Of same, and in general TO do any and all
/ acts pertinent or germane to the above
and foregoing purposes.
ARTICLE IV.-It is further a part of
mutual agreement under which the stock
/ holders herein have entered into this cor
pOratiOn and which is made binding
covenant between them. each covenating
| contracting and binding himself. his heirs
/ assigns, administrators. associates aud
| successors, that each and every stockhold-
| or before being allowed to make any sale
] OF STOCK owned DN MIN IN this corpora
| ton to any person except one already Il
| stakeholder of this corporation. he shall
| offer same to the stockholders then of rec=
ord. at price not to exceed the value
! thereof, determined by the books of
this corporation. which said offer shall be
| open for a period of fifteen days each
stakeholder being permitted to purchase a
proportion of the stock offered in ac-
cordance with the amount of stock he
holds In this corporation and in the event
that any stakeholder does not purchase his
prOrata of the stock so offered for sale
then the balance of the stockholders so
balance of said stock in accordance with
the amount of stock they hold in this
corporation. 1t is understood that at the
expiration of twenty days. without the
| stockholders purchasing said stock offered
for sale the selling stakeholder is relieved
of all disability imposed upon him by this
article. This article cannot be amended
without unanimous consent of all stock
holders of record.
! ARTICLE V.-The corporate powers Of
this corporation shall be vested in a
| Board of Directors, a majority of whom
shall constitute a quorum for the trans
vote at any meeting of the Directors by
proxy in writing to any other Director
for that particular meeting. The first
| Board of Directors shall be elected at the
first meeting of the stockholders held
after passing of this charter. who shall
elect from their number President. 3
Vice President and a ecretary-Treasurer
and said Directors and officers shall serve
as such until the second Monday in Janu-
airy. 1922, or until their successors are
elected and qualified. Meetings Of the
stockholders for the election of Directors
shall be held yearly. on the second Mon
day in January, beginning with the year
1922. The Board of Directors shall have
the right to elect without referring to q
stockholders meeting, any stakeholder a.
a Director, whenever vacancy shall exist
on the Board of Directors through death
or resignation. The Board Of Directors
may. with the written consent of a major
ity of the Board. hold meetings elsewhere
within or without the State of Louisiana
At any meeting of the stockholders called
for that purpose, the stockholders may
without amendment to this charter. change
the number of the Board of Directors "a
any number not less than three. nor more
than nine, and may separate the office
Secretary and Treasurer into two distinct
and separate offices.
ARTICLE VI.-The corporate powers o
TINS corporation are expressed and set
forth by section seven 90 of Act 267 of tho
year 1914. and shall be duly employed by
and through the Board of Directors. The
duties of the several officers shall he set
forth in the bylaws. which will be adopt.
ed by the Board of Directors. and amend
ed or altered at their will; and they shall
have the right to employ. under contract
or otherwise n General Manager, who may
or may not be a member of the Board
Directors, as said Board of Directors NAV
determine, and which said General Man
ager shall have such duties as the said
officers may delegate to him. and who's
compensation shall be fixed by the Board
of Directors.
! ARTICLE Vino stakeholder of this
corporation shall ever be liable for an,
debt of the corporation other than the un
paid portion of their subscription tC
stock, and no informality herein shall sub
ject them to such liability.
ARTICLE VIII.-Amendment of thi,
charter, or liquidation of the corporation
shall be subject to the rules laid down IL
Act 267 of the Louisiana Legislature o
1914
, Thus done and signed on the day anC
date first hereinabove written. I'm the City
of New Orleans in the presence of c. q
. Sperier, and A. II. Davis competent wit
nesses, and me. Notary, after a due read
ing of the whole, the subscribers settins
opposite their names the amount of stool
! they subscribe for, making this an origina
, subscription list.
Original signed.) Thos. p. Sellers. 80
= Elm St. New Orleans, 10 shares; Chas. II
. VOss, 1900 Jeanette ST., 10 shares; Arthu
. Lee Whitmire, $3.50 St Charles Ave-.
. shares: III. W. +. Walther. Macheca Bldg
) shares; Ansel NJ. Game. 1910 Robert ST
! shares.
Witnesses: C. o. sperier. A. b. Davis
!, (Signed) WARREN V. MILLER,
Notary Public.
i, the undersigned Recorder of Mort
cages, in and for the Parish of Orleans
State of Louisiana, do hereby certify tina
the above and foregoing act of incorpOra
z ton of the Southern Radium Clinic. Inc
was this day duly recorded in my office
in Book -, Folio -.
New Orleans, July =, 1920.