The herald., 1917-11-15
CHARTERS.

fail to purchase same, may sell the same
20 any outsider.
Ii any iu>ia,iment or iustallmcnt5 on
! stock subscribed for be not paid IN the
manner fixed upon by the Board u hiIcc-
! ;15> such stock, together with :ac install.
nra,s paid thereon. may be forfeited . fhe
! corporation by resolution yi the BoatI l.
that effect
Article Vi, gmmau s:o-kao,lc-, shall
| enjoy no voting nights, u5r privileges Of
membership, u.r IlEht 10 participate in NEE --
ing of members II the Exchange or be
| c.c.,cd member. Of the Board Of Directors
| Of tI~ corporation. 50 long a~ any mortgage
| long "a, there !, any preferred stock issued
| by the corporation and ogt~'aud.ug- nor
shall any dividends be pad common stock
holders so long as any mortgage exists ON
| the Exchange Building and while there IS
any preferred stock issued by the corpora
uon, s,Il outstanding and un-,dcemcd.
"D1t-hali of the preferred stock ISSUED
and subscribed for present or represented
50 long As there remains a mortgage on the
building and so long As there j. any PIE
ic.rJd ,typk outstanding, snail constitute a
quorum az meeting, of stockholders, and /.
shall bC necessary that twJ-iII!I, OF the
amount oi said stock presented or represented
by proxy shall vote ia favor Ui any question.
i'm 1rlc- To decide the same. Each snare of
preferred stock shall Ice cn..t!ci t. one vote.
o. sc cast either 10y the person IN whose
name the stock appears on the books o. the
~,.ol '..'t 81 '.'l ''"' '' ''.'''s' Va 'S AIS
Meeting, Of stockholders may be called
by resolution of the Board OF Directors az
an; ."' ~ .. pa ~" any -"a' =
,'N.'1'S ~ 80 l''''5' "' It's eN
.I'' ~ 49, go '...'l' w.
A. Dy.Iiluu, 10, successors or assigns, OF
the Allied Building Council. Inc, II, sue
cc-,,r, or assign, The Board shall have the
~ 10 HA ''1 '"e' ana assessments % pt
rIlN 's 5000 VI ''',l'''e. anu u, Pi",
,r,..s I ...'.y' u' pay . men, anu
~ .'.i pay .,'l''- -.
nc "''l" "l D-l.''ls sL1'' nave L"t
- P'"'i anu '"'"'''ty 10 FaN5 Su~N
1y .'1"' 1"t 10 '"lNC a'-l IuII' ana IesI
" ,l, '.-C J'."' a'.u so. i'''
OF ms corporation ana me Exchange To he
'P'!%.0I ana ''' t'c ADMISSION OF persons
- nc P1'l'ostS vi 'E'"Ig'..iP ana - pro,
~ -'' '-'0 lo"."1' vi ".I us ''y'-'cl9 am
~ - -.I 400. "a t"e tNNt'i;sc' anu
40 IA an ''.''N1 PV"'i''Ss '"Niu''"s eN-
-. ,''l .o-..'o, VI "'e' VI "''" d. i
mi ~.
i"I "|s-''oHS H'I''S 81 ms
-. ~. -" ''d5' 'J "a"'d-teu Oy ana
...ri " - ~ D..v1'Ii9 - &c eieC'eu
'.'t"a"S ny NC preferred >t'IhAo'defS, com,
ps1H 'I 'eNluT''' ',e'lfeS deit ana
-, -, -. -, 80 50 Nl Ho'
.. l. -. - -. l-' ~ g''lS' pc 9ot'a
- 'e T.eo'eu d directors. lhey Nha'4 oe
~ 7,'N".iy'D''s a' d HIeCIIHB
80 PN'Pgse ~ we I'e'iGeH''
80 - H,'D"oS' ,"S tNe deilt,
~ j." VIC oFc"s 81 inc absence OF sad ON
NO.. r'''.. 81 lelusa! 10 aOt Gy
''g.G IAN ohe-HdI OF the preferred stock
t'.rl %. when hlIeeh 20 days notice
80 I' &C., 40 e'~I a''CAHo'ueT, IN wit
I;sG.J T.; ~ 60 a %srape, Pup'
I,Iis~s ma, L,,.y,-. - - y tl0a.Is o'oeN,
nay '''"S'S'' "d!Ee the SAID notice
,,r,,,,r, .5c-,,f. 'i'uu1S oI DeCei'iDer, ana
annually thereafter, an election OF officers
ana directors saa! be held at the othce OF
.ISr ~ ba ,n.,sd d, s, , o'nfT G2hvenieni
ignatei by the Boar3 II D;-ec+o-o a. re-
80 NJ Ds ',e i'''iI ol 'l'eS'orS' On me
-. i % he0e'lJe', ana annually
III - - olCIS anu directors erected
"a $40, me- seIiS'
y ia'idIC 70 cal! meetings, or failure
- t.e'' CIh'ets ana directors as specified
'C- e.9 N"a.l no. however. dissolve the cor.
Ri ~: - - S\'e''is oHCeis ana
no 81. ,,,,.;i 80 oo.I'IIue 10 HoII
and ,s.r- 80 Ia sue.es9'IS are erected
o''loe, anu dio'Aer election shal.
~ leu al ION tneefai'er as practicable, at
mon by ,bs a 80, - Oe HAeu ana agreed
-. -; - "IslIi'tS Ca-iihs me same,
rev Sa-i;-TafS-o 10 et oe gwen IN the man
Elections shall be by y ballot under such
b Ioe' mn anu regulations as may be adopted by
..r - u ItieNtoIs;
,,;,,.J =. -,,,.-; Vi eITCiCH OF tnose APP |
.a,J;Il.o s1PS,I -i.e"L e1eStlohS snail not be
A. SaiJ eIat.;, any rL olliGe IN me corporation
= Sa'u e'eS'lVh. Inc Board may appoint
nd s-,Ii,,, a..g ~ o.neI othceTs' managers
80 ~ -la2yyre-, N"o Heeu hot De stockhold-
- - ...CoeIs OF ING corporation, as II may
= \: b'-- WIN power and authority
" A., - a. f'S1sIIe:
he III - NJ! securing IN the ONCE OF
re ALA by " ~ eesor;, rom any cause shall
:. - "S inc remaining directors.
ute 800, % thg directors shall consti-
80 f"''" ' 'oI 'he transaction OF bust
..CLe P,,-5 ell,
utborized ~ Ia. ana Is hereby
,ower and authoritv "a ~ p a,,J tgnI,
men hy.I,rs a,,d 10 MAKE ana adopt all
he ,,,sr,ge-,. anu iuies ana regulations Tor
ornoratior a,d anu government OF tins
: II NAV daa-, go eo'!hg OF stockholders
orporati6n >'' Oe'' 'oi INC interest OF the
At NAV anno;,,, o,-,,,;..oo.
ave rnntroI ~ 10 conduct, and
he -igb, - u - oie VI several matters, with
nav delegate go, Sa anie al pleasure and
aid committees as NAV hest ~, - 10
a1ienCa "a a i.ay Pest sum the CON
rovided that ali of r. ' me corporation;
be approved Inv The al