The herald., 1920-10-14
CHARTER.

always maintain It, capital aulUUlIr't. +
/ IL. corporation shall have the right 20
/ refuse to transfer any stock so long as Thee
/ shareholder demanding m" transfer Is DO
any way indebted to the corporation. and
. the corporation shall h1v" lien. pledge
/ and prlNli'E" On each snare 81 ~iH. b %
/ secure ANY indebtedness due 10y the share.
/ holder 90 the corporation. should amy %:
+ the stock offered for sal" b." not desired
+ hy the other stockholders and should tG.
corporation itself D. unwilling or unable
/ To purchase any of the same out o. f-
surplus earnings, within ten days fro.
/ ia" receipt al ia" corporation Oiilr' ,t
. Oh" written offer to -"il. then. and the.
only. shall ia" stockholders desiring t..
~'u b" entitled to transfer such uud--lr"I
portion OF th" stock 10 such person or per.
SONS ais b" or Nu" may So" 1T. III" pro.
/ visions OF THIS ariI'I" shall D." pria'..
upon u" lac" 81 each '"Ttll.a'" OF 80. n
issued by the corporation and shall %,
binding upon every person, 10" or L~r,.
AlI becoming 81 oio' hhOI4"r lh this cog.
'poralpu, all Of whom TAKE such -lu,n stub.
yI u" 't' P.o'''.""' "'r'"' ."A a..
tr.,- 100
rt 49,. w.. ."'' ,.' d. W .'.t','-1 '." Fl.
- "'' " '''.'.. 90 .". l''
Ni.i HOLE '. All ia" powers ul This
."TI"IH'I'n shall Doe N,r'.! 100 and .E.-.
'I-vd hg Board confused of lY- Jess
,a'N '.''' nor mon" imam seven DIRECTORS.
ia" pre- .r" hal.h'I ni Ia" Director. Nl..
.n san H.i'a SNAIL h' LN'i !r",. 'lm~ ru
.l".' 10y l"' vote "I 'u' Stockholders -
I"' ".a..i moe '.ae- or az . SPECIAL u.,..
lh- '...a ior laaf purpose. Il r.5ur..
"' .'- h"aEa sl." '"H-ili ''' quorum.
>-'d t."H- OF DIRECTORS shall hr "l..'...
, ..'. ..''' d.. " 80. """i3'IN ..,'''a- 'H r'
,-.,.' .+ 90. 49, '.. ''' %. '.. Corpora
.' ,'.' d" '..'''. ".
t. . -.'..,' .. -.' ""' Do .'..
i.,,.. .... ''. -','N 10 '..
hmm. IT, Tia .' -' "..-
o.. rt.. r.-, ..,'...N t .''- ..'''.' -.'t
I,I...r .r i. 10 t -. o.. '"' '. .
Ia. -Iur ,;r.r.l iI.ri0..rt :. 40 ...' --.
-,..r . .''' at -''". 'i.'".r.
,..,i rE mo. i:"l~5 ~ .,,,
tI... Thereon shall be-. ..y.u ia Oh. r....,....-
grusl..! for annual g...r.r-.-. ..r....
That Do 40 ,.i-.- ail notices mn. h. ....'..'
Dog uu.uru.i, consent Each ..asr........-
shall. U. entitled Co.. ru.. y1t.. for ....n t.-
lul stock standing IA lis r...,. on. rl.. f... 81
OF tu" corporation. said vote, fo be-. east boz
I,r-uH cor DO. rrn>y and g.. ,..,..-,.,. a.. o..
votes cast ',hHu ,Ir.r J..J.yr, ~ '' .r....
directors on he. d., auo.. ,u,,.jfi.I -...f.
Not dissolve tu. corporations but rI.. Ir
rvrtors then in office shall remain in ot....
IuuII their ~uo.r-~ur> are elected I..
BOARD ut Directors shall han, ro,.,r D..
l.ii all Nl.aurIr, which may occur or in
amy Iuuuurr arise or bee created OH H..
ho"Td. even though no quorum remain at
' '-" I.H' -H'h kd'tu"l"> are To hr filled.
%" h"aFd snail elect from their number
if">."'!l. wee President and % Score
.d't treasurer provided That from tim"
{ 'l ~"id officers ana or may "ouhiu" ami
I or ~'iai"i" ANY OF them aud,Or may cl',.t
-a'n other Officers a> they may thluh
s. itt"i'f or convenient Tor IA" CARRYING on
,i4, ,t .i H. anu nay pro
% I,.r. ~. ,f.. Eo,r,i o. , - III i."I ~ I''' li
,..., .i,,II 81, ~ w. 80, H'oI''' ana
AM, 80 - w., az ''li. WIS,
M. I.,.rT ,f iir.t-. ~, - -,'.. ~ %.
. from tine meeting may be rrl,r,>rut.d h,
Z amy other Director who NAV east ma. vol,
u of the absent Director according 10 rh.
written Instructions either General ar
8 special. OF said absent Director TL. said
\ Board of Directors shall lsy. .utI.rir, D..
b imakr and establish. as we'll a, alter and
.aMrud. all bylaws. rule, and regulation,
necessary and proprr for the. '>uprorf and
management OF the business and affairs OF
80 w., w.. '''"u an" mo- IL' r"s'sl'Hl VIVA
Iti,ri,.. ,i I ,',, 1'.' H''' IoN,' '
l. I i-,r.r,. ,f ,,7 ~ nun ''u ia,
pledges. and generally 10 J, ali min.
necessary or convenient for tl,. T,ror.,r
e. .rarryiug on of the business of tl. rorr,.r.
l. 'ar.uu.
II r.,l .. ...,,.-..l ,....i..- .. e., .r,,
o. for .i,i,,, f vi 81
ar MIN H. ~ ~" u" ''' ~ ~ III III
II I..-f .,t ;,.'rt 80, ,i'
4 r,..,,r. IN L. So, -, ", i.'-IN % ~