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MEMORANDUM OF AN AGREEMENT made and entered into
this w teamts day of September nineteen hundred and
nineteen, by and between the RADIUM LUMINOUS MATERIAL CORPORA-
TION, party of the first part, and SABIN A. VON SOCHOCKY,
party of the second part, in consideration of the premises
and of the sum of ONE DOLLAR to each of the parties hereto
to the other in hand paid, the receipt whereof is hereby
ecknowledged, THIS AGREEMENT WITNESSETH AS FOLLOWS:
FIRST: The party of the first part undertakes
and agrees at its own cost and expense to procure a corpora-
tion to be organized under the laws of the State of New York
under the name of the RADIO CHEMICAL CORPORATION, the capital
stock of which shall consist of one hundred shares of the
par value of one hundred dollars each and the directors of
which, for the first year, shall be the party hereto of the
second part and Messrs. I.
Bilstein and Arthur Roeder;
the certificate of such corporation to provide that the
directors need not be holders of shares of stock of the
corporation.
SECOND: The party of the second part undertakes
and agrees to give to the corporation so to be formed as
aforesaid the exclusive benefit of any and all discoveries
of medical and therapeutical preparations of every kind
whatsoever made by him and to assign and convey to such
corporation all formulas for the manufacture and production
of such preparations.
THIRD: In consideration of the undertaking and
agreement in paragraph Second contained, the corporation
so to be formed as aforesaid is to issue to the party of
the second part twenty shares of its capital stock.
FOURTH: The parties hereto agree each to subscribe,
within a year from the date of organization of such corpora-
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"ocrText": "MEMORANDUM OF AN AGREEMENT made and entered into\nthis w teamts day of September nineteen hundred and\nnineteen, by and between the RADIUM LUMINOUS MATERIAL CORPORA-\nTION, party of the first part, and SABIN A. VON SOCHOCKY,\nparty of the second part, in consideration of the premises\nand of the sum of ONE DOLLAR to each of the parties hereto\nto the other in hand paid, the receipt whereof is hereby\necknowledged, THIS AGREEMENT WITNESSETH AS FOLLOWS:\nFIRST: The party of the first part undertakes\nand agrees at its own cost and expense to procure a corpora-\ntion to be organized under the laws of the State of New York\nunder the name of the RADIO CHEMICAL CORPORATION, the capital\nstock of which shall consist of one hundred shares of the\npar value of one hundred dollars each and the directors of\nwhich, for the first year, shall be the party hereto of the\nsecond part and Messrs. I.\nBilstein and Arthur Roeder;\nthe certificate of such corporation to provide that the\ndirectors need not be holders of shares of stock of the\ncorporation.\nSECOND: The party of the second part undertakes\nand agrees to give to the corporation so to be formed as\naforesaid the exclusive benefit of any and all discoveries\nof medical and therapeutical preparations of every kind\nwhatsoever made by him and to assign and convey to such\ncorporation all formulas for the manufacture and production\nof such preparations.\nTHIRD: In consideration of the undertaking and\nagreement in paragraph Second contained, the corporation\nso to be formed as aforesaid is to issue to the party of\nthe second part twenty shares of its capital stock.\nFOURTH: The parties hereto agree each to subscribe,\nwithin a year from the date of organization of such corpora-"
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