The herald., 1915-01-21


Hines as Secretary and ". 4 Collins as
Treasurer, and these directors and officers
shall serve until the first Monday in April,
l.'5, or until their successors have been duly
elected and qualified
Thereafter he directors shall be elected an
7ual!y on the first Monday m Apu. II each
year, beginning with The year l.l5; a.i cleo
tluuS Of directors shall uc ~ ballot. and each
sto,khoIdcr shall Ice entitled To- ore vote for
! each share Of stock standing Oh his name uu
} the books OF the corporation, thIS vote 90 De
! cas-, IA person or 10y proxy, and it shall ,.-
! gul'e majority OF stock present OF repre-
I scented To elect.
} The failure 20 elect the Board * Directors
/ 1n the FIRST Monday 90 APr.. ltl5. ar annual
/ iy thereafter, shall Uvr Work q forfeiture 10
I IN, charter, hut The old Board OF Director,
shall remain IN oiIr,c until their successors
( are elected and qualified
Article VIII, Board uf Directors shall
hold regular meetings AT such times q, shall
he iNca m IT,, bylaws of tH.- UU.pryatf1u.
These meetings shall be held IT the d1mIci'v
- the corporation, nHt the ircsrtcu' mas ca.l
sprcia. meetings 90 the BOARD OF Directors al
such times as he may deem advisable aud he
shall he required 20 call such sIs,la. meeting,
whenever requested 20 to so 10y three mem
notice OF such special meetings shall ie glycH
m writing 10 The directors. unless waiver OF
notice - signed by the directors. ANY ya,au-
~ occurring on the board. or among the Off
Gers, either from death. resignation. az ruInI.-
~ To serve, shall he filled by the Foa-d ct
Directors al -, next regular meeting after
.">I vacancy ~a"H nave occurred. Inc inst
board OF directors Of this corporation shall be
required 10 draft suitable bylaws Tor the
government 81 TINS corporation. which may he
altered, amended OF changed as The r<rgcu-
'cr ui the case may require.
Article Nll-Ihc stock ol tins corporation
may he transferred, provided such transfer
shall be recorded upon the books Of the cor
poTaton, before 1t shall be required {, rcCog-
ME the transfer or the new holder OF sand
stock The total amount of the subscribed
stock, as hcrelua1oyc set forth, is the sum
81 Seven thousand Five Hundred iST5gnGD
Dollars, which Is hereby authorized 20 be IS
sued, fully paid and worcestershire, for cash.
Article Nlll-lhis charter may be modified.
or altered, the capital stock thereof increased
or decreased. OF the corporation NAV be dis
solved with the assent OF two-thirds Of the
capital stock present or represented at any
meeting OF the stockholders held for that pur-
pose after puor notice IN writing to each
StockhoIder or mailed 10. him at his last
known post office address, all in accordance
with the terms OF Act -o7 Of 1914
Article lN.-At the expiration Of this char.
ter or the earlier dissolution Of this corpora.
non Tor any cause, ITS affairs shall be liquid
ated by one or more liquldatorS 10 be elected
by me stockholders, all OF whom shall hold
STOCK IN sara company and said commission
ers are hereby vested whit full power and au-
thotlty 10 Iiqnidate the affairs OF said com
pany, with full power to act under the terms
OF Section 80 Of Act 20 Of 1914
article N.-Ihe appearers hereby declare
that they have subscribed to the following
number OF SHARES OF the capital stock OF this