AMENDED BY-LAWS

                                     OF

                         CELLULAR RADIO SYSTEMS, INC.

                                 ARTICLE I

                                  Offices

     1. Principal Office. The principal office of the Corporation shall be
selected by the Board of Directors from time to time and may be within or
without the State of Colorado.

     2. Other Offices. The Corporation may have such other offices, within or
without the State of Colorado, as the Board of Directors may, from time to
time, determine.

     3. Registered Office. The registered office of the Corporation required
by the Colorado Corporation Act to be maintained in Colorado may be, but need
not be, identical with the principal office if in Colorado, and the address of
the registered office may be changed from time to time by the Board of
Directors.

                                 ARTICLE II

                       Stock and the Transfer Thereof

     1.  Stock Certificates. The shares of the Corporation's capital stock
shall be represented by consecutively numbered certificates signed by the
President or a Vice President and the Secretary or Assistant Secretary of the
Corporation, and sealed with the seal of the Corporation, or a facsimile
thereof. If certificates are signed by a transfer agent, acting in behalf of
the Corporation, and a registrar, the signatures of the officers of the
Corporation may be facsimile. In case any officer who has signed shall have
ceased to be such officer before such certificate is issued, it may be issued
by the Corporation with the same effect as if he were such officer at the date
of its issue.

     Each certificate representing shares shall state upon the face thereof:

     (a) that the Corporation is organized under the laws of the State of
Colorado;

     {b) the name of the person to whom issued;

     (c) the number and class of shares which such certificate represents; and

     (d) the par value, if any, of the shares represented by such certificate.

     Each certificate also shall set forth restrictions upon transfer, if any,
or reference thereto, as shall be adopted by the Board of Directors or by the
shareholders, or as may be contained in this Article II.

     No certificate shall be issued for any share until such share is fully
paid.

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     2. Consideration for Shares. Shares shall be issued for such
consideration expressed in dollars as shall be fixed from time to time by the
Board of Directors. Treasury shares may be disposed of by the Corporation for
such consideration expressed in dollars as may be fixed from time to time by
the Board of Directors. No shares shall be issued for less than the par value
thereof. The consideration for the issuance of shares may be paid, in whole or
in part, in money, in other property, tangible or intangible, or in labor or
services actually performed for the Corporation. Neither promissory notes nor
future services shall constitute payment or part payment for shares of the
Corporation.

     3. Lost Certificates.  The Board of Directors may direct a new
certificate or certificates to be issued in place of any certificate or
certificates theretofore issued by the Corporation alleged to have been lost
or destroyed, upon the making of an affidavit of that fact by the person
claiming the certificate of stock to be lost, and the Board of Directors when
authorizing such issue of a new certificate or certificates may in its
discretion, and as a condition precedent to the issuance thereof, require the
owner of such lost or destroyed certificate or certificates or his legal
representative to advertise the same in such manner as it shall require,
and/or furnish to the Corporation a bond in such sum as it may direct, as
indemnity against any claim that may be made against the Corporation. Except
as hereinabove in this Section provided, no new certificate or certificates
evidencing shares of stock shall be issued unless and until the old
certificate or certificates, in lieu of which the new certificate or
certificates are issued, shall be surrendered for cancellation.

     4. Registered Holder as Owner. The Corporation shall be entitled to treat
the holder of record of any share of stock as the owner thereof entitled to
receive dividends and to vote such shares, and accordingly shall not be bound
to recognize any equitable or any other claim to or interest in such shares on
the part of any other person, whether or not it shall have express or other
notice thereof, except as may be required by a valid proxy or by the laws of
the State of Colorado.

     5. Return Certificates. All certificates for shares changed or returned
to the Corporation for transfer shall be marked by the Secretary "Cancelled",
with the date of cancellation, and the transaction shall be immediately
recorded in the certificate book opposite the memorandum of their issue. The
returned certificate may be inserted in the certificate book.

     6. Transfer of Shares. Upon surrender to the Corporation or to a transfer
agent of the Corporation of a certificate of stock endorsed or accompanied by
proper evidence of succession, assignment or authority to transfer, and such
documentary stamps as may be required by law, it shall be the duty of the
Corporation to issue a new certificate. Each such transfer of stock shall he
entered on the stock book of the corporation.

     7. Transfer Agent. The Board of Directors shall have power to appoint one
or more transfer agents and registrars for the transfer and registration of
certificates of stock of any class, and may require that stock certificates
shall be countersigned and registered by one or more of such transfer agents
and registrars. Any powers or duties with respect to the transfer and
registration of certificates may be delegated to the transfer agent and
registrar.


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                                ARTICLE III

                      Shareholders and Meetings Thereof

     1.  Annual Meeting.  The annual meeting of the shareholders for the
election of directors and the transaction of such other business as may
properly come before the meeting shall be held on the third Wednesday in
November of each year, but if such day be a holiday, then on the first
business day thereafter which is not a holiday; provided, however, that the
Board of Directors may, by resolution, postpone such meeting for a period of
time not in excess of sixty (60) days. The place of the annual meeting shall
be the principal office of the Corporation or such other place within or
without the State of Colorado as the Board of Directors may determine.

     2. Special Meetings. Special meetings of the shareholders may be called
by the President, a Vice President, the Board of Directors, or the holders of
not less than one-tenth of all the shares entitled to vote at the meeting.
Special meetings shall be held at the principal office of the Corporation,
unless the Board of Directors determines otherwise.

     3. Notice Of Meetings. Written or printed notice stating the place, day,
and hour of the meeting and, in the case of a special meeting, the purpose or
purposes for which the meeting is called, shall be delivered not less than ten
(10) nor more than fifty (50) days before the date of the meeting, either
personally or by mail, by or at the direction of the President, the Secretary,
or the officer or persons calling the meeting, to each shareholder of record
entitled to vote at such meeting; except that (a) if the authorized capital
stock is to be increased, or (b) in the case of a special meeting to be held
at a place other than the principal office of the Corporation, then-at least
thirty (30) days' notice shall be given. If applicable statutes require a
certain minimum notice for any particular business to be transacted, then at
least that minimum notice shall be given. The notice shall be given to each
shareholder of record in the manner above provided. No business other than
that specified in the notice of special meeting shall be transacted at any
such special meeting. The notice of special meeting may be waived by
submitting a signed waiver or by attendance at the meeting.

     4. Closing of Transfer Books and Fixing Record Date.  For the purpose of
determining shareholders entitled to notice of or to vote at any meeting of
shareholders or any adjournment thereof, or entitled to receive payment of any
dividend, or in order to make a determination of shareholders for any other
proper purpose, the Board of Directors of the Corporation may provide that the
stock transfer books shall be closed for a stated period not to exceed in any
case fifty (50} days immediately preceding such meeting. In lieu of closing
the stock transfer books, the Board of Directors may fix in advance a date as
the record date for any such determination of shareholders, such date in any
cease to be not more than fifty (50) days, and in case of a meeting of share
holders, not less than ten (10) days prior to the date on which the particular
action, requiring such determination of shareholders, is to be taken.  If the
stock transfer books are not closed and no record date is fixed for the
determination of shareholders entitled to notice of or to vote at a meeting of
shareholders, or shareholders entitled to receive payment of a dividend, the
date on which notice of the meeting is mailed or the date on which the
resolution of the Board of Directors declaring such dividend is adopted, as
the case may be, shall be the record date for such determination of the
shareholders. When a determination of shareholders entitled to vote at any
meeting of shareholders has been made as provided in this Paragraph, such
determination shall apply to any adjournment thereof.

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     5. Voting List. The officer or agent having charge of the stock transfer
books for shares of the Corporation shall make, at least ten (10) days before
each meeting of shareholders, a complete list of the shareholders entitled to
date at such meeting or any adjournment thereof, arranged in alphabetical
order, with the address of and the number of shares held by each, which list,
for a period of ten (10) days prior to such meeting, shall be kept on file at
the principal office of the Corporation, and shall be subject to inspection by
any shareholder at any time during usual business hours. Such list shall also
be produced and kept open at the time and place of the meeting and shall be
subject to the inspection of any shareholder during the whole time of the
meeting. The original stock transfer books shall be prima facie evidence as to
who are the shareholders entitled to examine such list or transfer books or to
vote at any meeting of shareholders.

     6. Quorum. A quorum at any meeting of the shareholders shall consist of
33 1/3% of the shares entitled to vote represented in person or by proxy. If a
quorum is present, the affirmative vote of the majority of the shares
represented at the meeting entitled to vote on the subject matter shall be the
act of the shareholders. If less than 33 1/3% of the shares entitled to vote
be represented at a meeting, a majority of the shares so represented may
adjourn the meeting from time to time to the came place without further
notice. At such adjourned meeting at which a quorum shall be present or
represented, any business may be transacted which might have been transacted
at a meeting as originally notified. The shareholders present at a duly
organized meeting may continue to transact business until adjournment,
notwithstanding the withdrawal of enough shareholders to leave less than a
quorum.

     7. Proxies. At all meetings of shareholders, a shareholder may vote by
proxy, executed in writing by the shareholder or by his duly authorized
attorney in fact. Such proxy shall be filed with the Secretary of the
Corporation before or at the time of the meeting. No proxy shall be valid
after eleven months from the date of its execution, unless otherwise provided
in the proxy.

     8. Voting of Shares. Each outstanding share shall be entitled to one vote
and each fractional share shall be entitled to a corresponding fractional vote
on each matter submitted to vote at a meeting of shareholders.

     9. Voting of Shares by Certain Holders. Neither treasury shares, nor
shares of its own stock held by the Corporation in a fiduciary capacity, nor
shares held by another corporation if the majority of the shares entitled to
vote for the election of directors of such other corporation is held by the
Corporation, shall be voted at any meeting or counted in determining the total
number of outstanding shares at any given time.

     Shares standing in the name of another corporation, domestic or foreign,
may be voted by such officer, agent, or proxy as the by-laws of such
corporation may prescribe, or, in the absence of such provision, as the board
of director" of such corporation may determine.

     Shares held by an administrator, executor, personal representative,
guardian, or conservator may be voted by him, either in person or by proxy,
without a transfer of such shares into his name. Shares standing in the name
of a trustee may be voted by him, either in person or by proxy, but no trustee
shall be entitled to vote shares held by him without a transfer of such shares
into his name.


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     Shares standing in the name of a receiver may be voted by such receiver,
and shares held by or under the control of a receiver may be voted by such
receiver without the transfer thereof into his name if authority so to do be
contained in an appropriate order of the court by which such receiver was
appointed.

     A shareholder whose shares are pledged shall be entitled to vote such
shares until the shares have been transferred into the name of the pledgee,
and thereafter the pledgee shall be entitled to vote the shares so
transferred.

     10. Chairman. The Chairman of the Board of Directors of the Corporation,
if there is one, or in his absence, the President, shall act as chairman at
all meetings of shareholders.

     11. Oral Vote. Voting at any shareholders meeting shall be oral;
provided, however, that voting shall be by written ballot if oral; provided,
however, that voting shall be by written ballot if such demand is made by any
shareholder present in person or by proxy and entitled to vote.

     12. Informal Action by Shareholders. Any action required to be taken at a
meeting of the shareholders, or any other action which may be taken at a
meeting of the shareholders, may be taken without a meeting if a consent in
writing, setting forth the action so taken, shall be signed by all of the
shareholders entitled to vote with respect to the subject matter thereof. Such
consent shall have the same force and effect as a unanimous vote of the
shareholders, and may be stated as such in any articles or document filed with
the Secretary of State of Colorado under the Colorado Corporation Act.

     13. Annual Report. The President of the Corporation shall prepare an
annual report which will set forth a statement of affairs of the Corporation
as of the end of its last fiscal year, including a balance sheet and an income
statement, and present it at the Annual Meeting of Shareholders.

                                ARTICLE IV

                        Directors, Powers and Meetings

     1. General Powers. The business and affairs of the Corporation shall be
managed by its Board of Directors, except as otherwise provided in the
Colorado Corporation Act or the Articles of Incorporation.

     2. Qualification and Number. Each director must be at least 18 years of
age.  A director need not be a stockholder or a resident of the State of
Nevada.  The number of directors constituting the Board of Directors may be
increased to no more than nine directors, or decreased to not less than one
director, by resolution of the Board of Directors.

     3. Vacancies. Any director may resign at any time by giving written
notice to the President or to the Secretary of the Corporation. Such
resignation shall take effect at the time specified therein and unless
otherwise specified therein, the acceptance of such resignation shall not be
necessary to make it effective. Any vacancy occurring in the Board of
Directors may be filled by the affirmative vote of e majority of the remaining
directors though less than a quorum. A director elected to fill a vacancy
shall be elected for the unexpired term of his predecessor in office. Any
directorship to be filled by reason of an increase in the number of directors
shall be filled by the affirmative vote of a majority of the directors then in
office or by an election at an annual meeting or at a special meeting of
shareholders called for that purpose, and a director so chosen shall hold
office for the term specified in Paragraph 2 of this Article.

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     4. Removal of Directors. Any director may be removed either with or
without cause, at any time, by a vote of the shareholders holding a majority
of the shares then issued and outstanding and who are entitled to vote for the
election of directors, at any special meeting called for that purpose. In case
any vacancy so created shall not be filled by the shareholders at such
meeting, such vacancy may be filled by the Board of Directors; as provided
hereinafter.

     5. Regular Meetings. A regular meeting of the Board of Directors shall be
held without other notice than this By-Law immediately after and at the same
place as the Annual Meeting of Shareholders. The Board of Directors may
provide by resolution the time and place, either within or without the State
of Colorado, for the holding of additional regular meetings without other
notice than such resolution.

     6. Special Meetings. Special meetings of the Board of Directors may be
called by or at the request of the President, the Chairman of the Board, or
any two directors. The person or persons authorized to call special meetings
of the Board of Directors may fix any place, either within or without the
State of Colorado, as the place for holding any special meeting of the Board
of Directors called by them.

     7. Notice. Notice of any special meeting shall be given at least seven
(7) days previous thereto by written notice delivered personally or mailed to
each director at his business address, or by notice given at least two (2)
days prior to the meeting by telegraph or in person. If mailed, such notice
shall be deemed to be delivered when deposited in the United States mail so
addressed, with postage thereon prepaid. If notice be given by telegram, such
notice shall be deemed to be delivered when the telegrams delivered to the
telegraph company. Any director may waive notice of any meeting. The
attendance of a director at a meeting shall constitute a waiver of notice of
such meeting, except where a director attends a meeting for the express
purpose of objecting to the transaction of any business because the meeting is
not lawfully called or convened. Neither the business to be transacted at, nor
the purpose of, any regular or special meeting of the Board of Directors need
be specified in the notice or waiver of notice of such meeting.

     8. Quorum. A majority of the number of directors fixed by these By-Laws
shall constitute a quorum for the transaction of business. The act of the
majority of the directors present at a meeting at which a quorum is present
shall be the act of the Board of Directors.

     9. Compensation. By resolution of the Board of Directors, any director
may be paid any one or more of the following: his expenses, if any, of
attendance at a meeting; a fixed sum for attendance at each meeting; or a
stated salary as director. No such payment shall preclude any director from
serving the Corporation in any other capacity and receiving compensation
therefor.

     10.  Presumption of Assent. A director of the Corporation who is present
at a meeting of the Board of Directors at which action on any corporate matter
is taken shall be presumed to have assented to the action taken unless his
dissent shall be entered in the minutes of the meeting or unless he shall file
his written dissent to such action with the person acting as the Secretary of
the meeting before the adjournment thereof, or shall forward such dissent by
registered or certified mail to the Secretary of the Corporation immediately
after the adjournment of the meeting. Such right to dissent shall not apply to
a director who voted in favor of such action.

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     11. Executive Committee. The Board of Directors, by resolution adopted by
a majority of the number of directors, may designate two (2) or more directors
to constitute an Executive Committee, which may exercise all of the authority
of the Board of Directors in the management of the Corporation, during the
period of time between meetings of the Board of Directors; but the designation
of such committee and the delegation thereto of authority shall not operate to
relieve the Board of Directors, or any member thereof, of any responsibility
imposed upon it or him by law.

     12. Action by Directors Without Meeting. Any action required to be taken
at a meeting of the directors of the Corporation or any action which may be
taken at such a meeting, may be taken without a meeting if a consent in
writing, setting forth the action so taken, shall be signed by all of the
directors entitled to vote with respect to the subject matter thereof.  A
consent shall be sufficient for this Paragraph if it is executed in
counterparts, in which event all of such counterparts, when taken together,
shall constitute one and the same consent.

     13. Chairman of the Board. The Chairman of the Board, if such officer
shall be chosen by the Board of Directors, shall preside at all meetings of
the Board of Directors and meetings of shareholders at which he is present. He
shall, subject to the direction of the Board of Directors, have general
supervision over the affairs of the Corporation, and shall, from time to time,
consult and advise with the President in the direction and management of the
Corporation's business and affairs, and shall also do and perform such other
duties as may, from time to time, be assigned to him by the Board of
Directors.

     14. Bank Accounts, etc. Anything herein to the contrary notwithstanding,
the Board of Directors may, except as may otherwise be required by law,
authorize any officer or officers, agent or agents, in the name of and on
behalf of the Corporation, to sign checks, drafts, or other orders for the
payment of money or notes or other evidences of indebtedness, to endorse for
deposit, deposit to the credit of the Corporation at any bank or trust company
or banking institution in which the Corporation may maintain an account or to
cash checks, notes, drafts, or other bankable securities or instruments, and
such authority may be general or confined to specific instances, as the Board
of Directors may elect.

                                ARTICLE V

                             Officers and Agents

     1. General. The officers of the Corporation shall be a President, one or
more Vice Presidents, a Secretary and a Treasurer. The Board of Directors may
appoint such other officers, assistant officers, as they may consider
necessary, who shall be chosen in such manner and hold their offices for such
terms and have such authority and duties as from time to time may be
determined by the Board of Directors. The salaries of all the officers of the
Corporation shall be fixed by the Board of Directors. One person may hold any
two offices, except that no person may simultaneously hold the offices of
President and Secretary. In all cases where the duties of any officer, agent
or employee are not prescribed by the By-Laws or by the Board of Directors,
such officer, agent or employee shall follow the orders and instructions of
the President.

     2. Election and Term of Office. The officers of the Corporation shall be
elected by the Board of Directors annually at the first meeting of the board
held after each Annual Meeting of the Shareholders. If the election of
officers shall not be held at such meeting, such election shall be held as

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soon thereafter as conveniently may be. Each officer shall hold office until
the first of the following to occur: until his successor shall have been duly
elected and shall have qualified; or until his death; or until he shall
resign; or until he shall have been removed in the manner hereinafter
provided.

     3. Removal. Any officer or agent may be removed by the Board of Directors
or by the Executive Committee whenever in its judgment the best interest of
the Corporation will be served thereby, but such removal shall be without
prejudice to the contract rights, if any, of the person so removed. Election
or appointment of an officer or agent shall not in itself create contract
rights.

     4. Vacancies. A vacancy in any office, however occurring, may be filled
by the Board of Directors for the unexpired portion of the term.

     5. President. The President shall, subject to the direction and
supervision of the Board of Directors, be the chief executive officer of the
Corporation and shall have general and active control of its affairs and
business and general supervision of its officers, agents and employees.  He
shall, unless otherwise directed by the Board of Directors, attend in person
or by substitute appointed by him, or shall execute on behalf of the
Corporation written instruments appointing a proxy or proxies to represent the
Corporation, at all meetings of the stockholders of any other corporation in
which the Corporation shall hold any stock. He may, on behalf of the
Corporation, in person or by substitute or by proxy, execute written waivers
of notice and consents with respect to any such meetings. At all such meetings
and otherwise, the President, in person or by substitute or proxy as
aforesaid, may vote the stock so held by the Corporation and may execute
written consent and other instruments with respect to such stock and may
exercise any and all rights and powers incident to the ownership of said
stock, subject however to the instructions, if any, of the Board of Directors.
The President shall have custody of the Treasurer's bond, if any.

     6. Vice Presidents. The Vice Presidents shall assist the President and
shall perform such duties as may be assigned to them by the President or by
the Board of Directors. In the absence of the President, the Vice President
designated by the Board of Directors or (if there be no such designation)
designated in writing by the President shall have the powers and perform the
duties of the President. If no such designation shall be made all Vice
Presidents may exercise such powers and perform such duties.

     7. Secretary. The Secretary shall: (a) keep the minutes of the
proceedings of the shareholders, executive committee and the Board of
Directors; (b) see that all notices are duly given in accordance with the
provisions of these By-Laws or as required by law; (c) be custodian of the
corporate records and of the seal of the Corporation and affix the seal to all
documents when authorized by the Board of Directors; (d) deep at its
registered office or principal place of business within or outside Colorado a
record containing the names and addresses of all shareholders and the number
and class of shares held by each, unless such a record shall be kept at the
office of the Corporation's transfer agent or registrar: (e) sign with the
President, or a Vice President, certificates for shares of the Corporation,
the issuance of which shall have been authorized by resolution of the Board of
Directors; (f) have general charge of the stock transfer books of the
Corporation, unless the Corporation has a transfer agent; and (g) in general,
perform all duties incident to the office of Secretary and such other duties
as from time to time may be assigned to him by the President or the Board of
Directors, Assistant secretaries, if any, shall have the same duties and
powers, subject to supervision by the Secretary.

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     8. Treasurer. The Treasurer shall be the principal financial  officer of
the Corporation and shall have the care and custody of all funds, securities,
evidence of indebtedness and other personal property of the Corporation and
shall deposit the same in accordance with the instructions of the Board of
Directors. He shall receive and give receipts and acquittances for moneys paid
in on account of the Corporation, and shall pay out of the funds on hand all
bills, payrolls and other just debts of the Corporation of whatever nature
upon maturity. He shall perform all other duties incident to the office of the
Treasurer and, upon request of the Board, shall make such reports to it as may
be required at any time. He shall, if required by the Board, give the
Corporation a bond in such sums, and with such sureties as shall be
satisfactory to the Board, conditioned upon the faithful performance of his
duties and for the restoration to the Corporation of all books, papers,
vouchers' money and other property of whatever kind in his possession or under
his control belonging to the Corporation. He shall have such other powers and
perform such other duties as may be from time to time prescribed by the Board
of Directors or the President. The assistant treasurers, if any, shall have
the same powers and duties, subject to the supervision of the Treasurer.

     The Treasurer shall also be the principal accounting officer of the
Corporation. He shall prescribe and maintain the methods and systems of
accounting to be followed, keep complete books and records of account, prepare
and file all local, state and federal tax returns, prescribe and maintain an
adequate system of internal audit, and prepare and furnish to the President
and the Board of Directors statements of account showing the financial
position of the Corporation and the results of its operations.

                                ARTICLE VI

                  Indemnification of Officers and Directors

     Each Director and Officer of this Corporation, and each person who shall
serve at its request as a Director or Officer of another corporation in which
this Corporation owns shares of capital stock or of which it is a creditor,
whether or not then in office, and his personal representatives, shall be
indemnified by the Corporation against all costs and expenses actually and
necessarily incurred by him in connection with the defense of any action, suit
or proceeding in which he may be involved or to which he may be made a party
by reason of his being or having been such Director or Officer, except in
relation to matters as to which he shall be finally adjudged in such action,
suit or proceeding to be liable for negligence of misconduct in the
performance of duty. Such costs and expenses shall include amounts reasonably
paid in settlement for the purpose of curtailing the costs of litigation, but
only if the Corporation is advised in writing by its counsel that in his
opinion the person indemnified did not commit such negligence or misconduct.
The foregoing right of indemnification shall not be exclusive of other rights
to which he may be entitled as a matter of law or by agreement.

                               ARTICLE VII

                               Miscellaneous

     1. Waiver of Notice. Whenever notice is required by law, by the Articles
of Incorporation or by these By-Laws, a waiver thereof in writing signed by
the director, shareholder or other person entitled to said notice, whether
before, or after the time stated therein, or his appearance at such meeting in
person or in the case of a shareholders' meeting) by proxy, shall be
equivalent to such notice.

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     2. Effective Date of Notice and Waiver. Whenever notice is required to be
given to any shareholder or director under the provisions of the laws of the
State of Colorado or under the provisions of the Articles of Incorporation or
these By-Laws, such notice shall be deemed to be delivered when deposited in
the United States mail, postage prepaid, addressed to the person entitled to
receipt thereof at his address as it appears from the records of the
Corporation. Whenever such notice is required, a waiver thereof in writing
signed at any time by the person entitled to such notice shall be equivalent
to the giving of such notice. A waiver of such notice of any special meeting
of shareholders shall state the purpose for which the meeting was called or
the business to be transacted thereat.

     3. Declaration of Dividends. The Board of Directors at any regular or
special meeting may declare dividends payable out of the surplus of the
Corporation, whenever in the exercise of its discretion it may deem such
declaration advisable and such is permitted by law. Such dividends may be paid
in each, property, or shares of that corporation.

     4. Benefit Program. Directors shall have the power to install and
authorize any pension, profit sharing, stock option, insurance, welfare,
educational. bonus, health and accident or other benefit program which the
Board deems to be in the interest of the Corporation, at the expense of the
Corporation, and to amend or revoke any plan so adopted.

     5. Seal. The corporate seal of the Corporation shall be circular in form
and shall contain the name of the Corporation and the words "seal, Colorado".

     6. Fiscal Year. The Board of Directors shall have the power to fix, and
from time to time change, the fiscal year of the Corporation. Unless otherwise
fixed by the Board, the calendar year shall be the fiscal year.

     7. Amendments. The Board of Directors shall have power to make, amend and
repeal the By-Laws of the Corporation at any regular meeting of the Board or
at any special meeting called for that purpose.

     APPROVED AND ADOPTED as of the 24th day of May 1983.


                                    /s/ Kenneth V. Orashan
                                    Kenneth V. Orashan


                                    /s/ Edward H. Hawkins
                                    Edward H. Hawkins


                                    /s/ Lutie R. McDowell
                                    Lutie R. McDowell

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