The herald., 1915-01-14

Hines rs Secretary and W. \ Collins as
/ Treasurer. and these directors and officers
, shall serve until the first N.nta. ru April
} .gI5 or until their successors lave been dale
/ elected and qualified
! Thereafter Inc directors shall De elected an.
/ uualIv on the tlst Monday lu Nrr,l 10 each
/ wear. beginning win t,., Year lis. ali ,.,--
} Mons 20. directors shall De- by baIiu. and csc.
,t.,su,'dvr shall he cut.fI,d To- one vote I.r
| each share Of stock standing M his r1"c .u
/ ,hc books OF the corporation, -hIs vote % h.
..-r IN person OF By proxy aud IL shall r.-
: gur-e majority OF stock present OF l,rs..
scented 20 elect.
The failure tu elect the Board Of Directors
0u the fir, Monday iu April. 1915. or annual.
ly thereafter, shall uoy work q forfeiture ut
this charter hut ;hc old Board OF Directors
shall remain IN office until their SuCCcssU.-
are elected aud qualified
Article Nl.--Thc Board Of Directors shall
hold regular meetings al such Tunes as shall
hc fixed IN the bylaws or tins corporation.
These meetings shall be held IT she Igw,II,
Of the corporation, but the President may calf
special meetings OF the Board Of Directors 40
such times As he may deem advisable, and hg
shall De required 60 call such special meeting.
Whenever requested 70 do SO by 'hrcr I,.-
beers oil the Board Of Directors. Three days
notice Of such special meetings shall! be given
In writing 10 the directors. unless waiver ur
notice IS signed by the directors. Any vacau-
cy occurring on the board, or among the Off.
GERS, either from death, resignation, OF IuI3...
Ity 20 serve shall De filled by the Board 90
Directors al Its next regular meeting after
such vacancy shall have occurred The ~st
board OF directors Of this corporation shall nc
required to draft suitable bylaws for the
government Of this corporation, "'ioh may D,
altered. amended or changed as the cNIg,u-
clcs OF the case may require.
Article NII.-Ihc stock Of this corporation
may be transferred, provided such irausirr
shall be recorded upon the books OF the cor.
purdtiou. before it shall be required % rccug-
ME the transfer or the new holder Of said
stock. The total amount Of the subscribed
STOCK, as hcrciuaboyc set forth, is the sum
Of Seven Thousand Five Hundred lS7s1-Ol1
Dollars, which is hereby authorized o. be Is
sued. fully paid and worcestershire, Tor cash.
Articl, NlII.-Thls charter may be modified,
or altered, the capital stock thereof increased
or decreased, or The corporation may be di~-
solved with the assent Of two,,hirds Of the
capital stock present or represented at any
meeting OF the stockholders held for that pun
pose after prior notice IN writing 10 each
stakeholder or mailed to him at his last
known post office address, all in accordance
with the terms Of Act NJ OF 1914
Article IN-At the expiration Of this char
ter. or the earlier dissolution Of this corpora
ton for any cause It's affairs shall be liquid
atcd by one or more liquidators TO be elected
by the stockholders, all Of whom shall hold
stock in said company and said commission
ers are hereby vested whit full power and au-
. thorIty to lqudate the affairs Of said com.
Of Section 30 Of Act 367 Of 1914
Article N-lhc appearers hereby declare
that they have subscribed to the following
number Of shares Of the capital stock of this