The oasis., 1905-01-07

be elected at the annual meeting pekhold- CTS, except the first Board Ws1&zak shall be chosen ata meeting of the ineNf fh kaFs duly called and held in aecordanna @sth laMA
 The officers of the COmpan slaI epnsist of President. VicePreSideut MSDT6k~FN Assistant Secretary, TreAsurers AssiEtaht ExANsurer, and such other 0ffieerA as kme Board of Directors may deem expedient Both the officers and Directors shall h0gd their office for the period of one year fFNNksand after their election and MMM until their successors are alnAass1 Rksf 1iMsBied, unless sooner removed I3V kfYA 9BsA*M 09 Directors, The members of Biraetors sAAIl have the right to fill any vacan- SaY Recurring on the Board by death, resignation, kzAN1ease in number or otherwise, and the per Hs@or persons so elected to fill such vacancy 8T vacancies shall fill his or their office until Nhe next annual meeting Of the stockholders. The directors and the President and Vice-Presi- Aaient shall be stockholders of record
 * FIFTH. There shall be an executive commit tee of three members i'll the beginning, but said number may thereafter be changed ae- ording to the Bylaws of the Company. Such persons shall be appointed by the President of the Company from the persons constituting the Board of Directors subject to the approval of the Board of Directors or majority there of and their term of office shall be for the per
 od of one year and until their successors have been duly elected. The Executive Committee shall have and exercise all the powers of the Board Of Directors, whenever a quorum of said Board shall fail to be present at any stated or other meeting of the Board, and shall have and exercise MI the powers of the Board of Directors, at all times when the Board shall not be in session, including the power to sign the corporate name and athx the corporate seal c this corporation 10 all papers winch the Executive Committee shall deem to require 1t
 SIXTH Toe Board Of Directors, anG when the Board is not in session the Executive Com mittee in addition to tho powers and authority given by statute and by the Bylaws expressly conferred upon t, is hereby empowered tO eX- ercise all such powers and to d0 all such acts and things as may be exercised or done by this corporation, but subject nevertheless to the provisions of the Statute, of this certificate of Incorporation and to any regulations that may from time to time be made by the stockholders. Provided, that no such regulation so male by the stockholders shall invalidate any provision ot this Certificate of Incorporation, or any prior act of the Directors or Executive Com mittee which would have been valid If such regulation td not been male.
 SEvE TIL In furtheraace and not in lim tati0n of the pOw-rs conferred by statute and by his Certificate of lncOrpor ltiOn the Board Of Directors IS exp esSly aut ized
 10 hold their meetings. tO nave one or more otfices and bO keep the books of the company within or without the state of New Jer-ey at such places as may be from time 10 lime designatei by them; bHs the Com- pany shall always keep at It's principal and reRste ed office in New Jersey a transfer book In which the transfer Of stock can Ds made. entered and regtstered and also a book containing the names and addresses of the stockholders, and the number of ares held by them resp ctlvtly which shall be at all times during business hours open to the inspection Of the stockholders ln person
 To determine from time tJ tlne whether and, if allowed. u de what conditions an regulations the accounts and bo lks of he OomDany (other than the stock and transfer bo0ks) pr any of them. shall De open to the inspection of the stO :kb ,lders,and the stock holders rights in this respect re and shall be restricted or limited acco, dingly.
 To make, alter. amend and rescind the Hy-Laws Of the Company to fl { the amount ing capital. to fix the time for the declara- tion and payment of divide nGs, and to de- ieImne the amount of such dividends.
 To authorize and cause to be executed b lnGS, deDentures, and Obher securities pr written evidences of indebtedness Of the Company, and to authorize the execution Of mo tgages, ieus or other COubrACt Obitga- tions upoa and with reference to the real the purpose of securing payment of such bonds. 1eDentures, securities written evi dences of indebtedness by the Co pany.
 Any officer elected or app tintel by tn Board of Direct0-s < may be rem wed t any time by affirm sti ve vote of majority If the whole Board of DirectO Any other officer or etnptoye of the Company Hi " bc re- moved Ans timr by d vote If the Board Oi Director, or by any Committee or super or officers unOa whom such power of removal may be conferred Dy the 6Y-Laws or bY vote of the Board Of DiPectO <.
 The Soara Of Directors may app0lnt not only other officers of the Company. but alsC one or more Vice r esden :. one or more A sstant Treas .rers, and one or lAore as sistant secretaries: and, to the extent pro- vded in the By-L4ws the persons SO ap- pointed resp ctfoliy, shall have and may exerclse all he powers If ths PreSident Oi the Treasurer and of the Secretary respec- lively.
 Either with the consent in WIT ting or pur suanu to the affirmative vot- of the holders of a majority of the stock issued and out standing ,t q stockholders meeting duiy called for that purpose, to sell assign, trans fer, exchange or otherwise dispose Of the proD rty Of the Com Jany. IS an entFety, o' any part thereof, provided, al ~Ays a majori- ty of the whole Board snal concur therein l The Company may use and apply its sur { plus ca hing or accu undated profits for the pur pose of acquisition of prop srty and to the purchase d acquisition of It's own capi- l tal stock from time to tune, to such extent and In such manner. and upon such lerms as i it's B0ara of Directors shall determ ne; anc I neither the prop rty nor the capital stock st purchased and acquired shall be regarded u: prIn for the purp 0se of celebration or pay
 .rI I.-. n .a-