The herald., 1917-03-08


a vice.nresident from their own number. and
secretary and q treasurer either 5r both
Of whom may not he a s.ockholdcr or drec
.1- o- hn-h Of said offices NAV be held by
,h. sam. ,.rsIr
4 failure n cleo. directors on the date
ar,ve sr,erifcd shall NOT dissolve the C1-ra-
ration. iut the then existing board co.. direc-
tors shall continue 20 hold :hc.- ONCE. and
another election shall be held as soon there
after rs practicable AT A t,,n, q he faxed
Nv the yilri of directors then IN uHsc. in
10 - r-.yi,jrd in hi, rhs-.,-
Any vacancy occurring in sad '.a-l OF
directors, from any cause. shall 81" titled
Iv the remaining directors The board Of
directors NAV make such bylaws. rules and
.~5rsaction Of the bushes, and affairs Of
,7iI corporation ard change. alter and amend
he same Al pleasure: appoint and tx tn
salaries Of all officers, clerks and employees
.,,. herein .r,uf-or.E -ra same ta change or
dfsrlig, n pleasure: fix the salaries Of the
officers provided fl- herein: sell convey.
MORTGAGE pledge. lease and purchase rights
privileges franchises. property movable, i.u-
movable and personal; borrow money: issue
notes and bonds: make contracts and sign
o- cause 70 be signed Lv officers 1r directors
sgrr.l1Iv 1r generally authorized hv the board
8 directors ali necessary acts. deeds. etc. and
aF,p. a corporate seal. The same q change or
aIr,r 1~ dispcr@. with at pleasure. and q DO
al things which NAV be necessary 10 he done
in the management Of SAID business and
T he 'ft
rat!ors
4 majority of said board Of directors shall
constitute quorum for the transaction and
management Of all business OF sad corpora
/ ton
Article NII-This charter may be changed,
/ modified. altered or aracnied with the a-ser,
/ of tap-thirds l2-9 Of the amount Of stock.
! orc.er, ar rarrc.ented At any general meet.
n,rrp7,c. after previous notice shall have
/ been given in the manner provided IN Ar,i-
! Gle VI Of this charter.
/ But any and all meetings Of stockholders
any other purpose, may be held at any time
wi-hou, notice by unanimous, consent Of all
. rotary.
Article VIIT-This corporation may b. dis
solved and lis affairs liquidatei. whenever in
.hc Judgment Of the board Of directors it shall
be deemed advisable and for the benefit OF
such corporation. shat i should be dissolved
/ then the board within ten NW DAYS after
the adoption OF resolution 20 that effect, by
a majority Of the whole board. at any meet,
ing called for that purpose OF which meeting
each director shall have received at lcast
three - DAYS notice, shall cause notice OF
the abortion Of such resolution to be mailed
10 each stakeholder together with notice Of
\ meeting Of the stockholders 10 be held al
the once Of the corporation, to take actor
upon the resolution So adopted by the bDarC
OF directors. The meeting Of the stOckhOd
ers shall he held at the hour fixed by tn,
OO o'clock in the forenoon and three g
o'clock in the afternoon Of the day so named
On the day 50 appointed the meeting NAV, By
consent Of the majority IN interest OF III,
stockholders present, be adjourned from tim,
to time, and If. at any meeting original o.
adjourned two-thirds 90 in interest o
ali the stockholders Of the corporation shall
vote in favor Of dissolution. this corporation
shall be thereby dissolved, all as provided
FOR in Section % of Act No 267 Of 1914
Whenever this corporation fk dissolve,
from any cause Whatsoever. its affairs Shall
be Inundated under the superintendent 0
three a. stockhoIders to be chosen for tha
purpose by majority in amount OF tn
Stockholders present or represented at
general meeting of the stockholders a
which the election is held Said commits
soners shall remain in Office until the at
fairs Of said corporation shall have beef
fully liquidated. In case of the death o
one Of said commissioners or of the refusa
or inability Of one OF them to act the sur
vivors shall continue to act and shall seiec
r another stockholder in the place and stead o