Document:

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                                                                     Exhibit 4.3

================================================================================

                                    BY-LAWS

                                       of

                               BLAIR CORPORATION

                  As Adopted at a Meeting of the Stockholders
                              held on May 23, 1927
                      and as amended to December 16, 1999

================================================================================

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                                    BY-LAWS

                                       OF

                               BLAIR CORPORATION

                                   ----------

                                   ARTICLE I.

                                    OFFICES.

         [1] Principal Office. The principal office shall be located in the City
of Wilmington, County of New Castle, State of Delaware and the name of the
Resident Agent in Charge is Corporation Trust Company of America, 7 West 10th
Street, Wilmington, Delaware.

         [2] Other Offices. The Corporation may have other offices, either
within or outside of the State of Delaware, at such place or places as the board
of directors may from time to time appoint or the business of the Corporation
may require.

                                   ARTICLE II

                                      SEAL

  The Corporate seal shall be in circular form and shall have inscribed thereon
"Blair Corporation Corporate Seal Delaware 1924."

                                   ARTICLE III

                             MEETING OF STOCKHOLDERS

         [1] Place of Meeting. All meetings of the stockholders shall be held at
the office of the Corporation in the City of Warren, Commonwealth of
Pennsylvania, or at such other place as may be designated by the board of
directors.

         [2] Annual Meetings. The annual meeting of stockholders shall be held
at eleven o'clock a.m. on the third Tuesday of April in each year (commencing
with the year 1967) if not a legal holiday, and if a legal holiday, then on the
next business day following. At such meeting the board of directors for the
ensuing year shall be elected. Any general business, pertaining to the affairs
of the Corporation, may be transacted at an annual meeting without special
notice. The board of directors shall be elected at the annual meeting of the
stockholders by plurality vote of the stockholders present at such meeting and
entitled to vote.

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        [3] Special Meetings. Special meetings of stockholders, for any purposes
other than those required by statute, may be called by the President, and shall
be called by the Secretary at the direction of a majority of the board of
directors or at the request in writing of the holders of not less than
twenty-five percent (25%) of all the outstanding stock entitled to vote thereat.
Such request shall state the purpose or purposes of the meeting and shall be
delivered to the President or Secretary or any director. No business, other than
that specified in the notice of meeting, shall be transacted at any special
meeting.

         [4] Notice. Notice of the annual meeting of stockholders shall be
mailed or otherwise given to each holder of record of the stock entitled to vote
thereat, at his address, as the same appears on the books of the Corporation, at
least ten days prior to such meeting exclusive of the date of mailing. Such
notice need not specify the business to be transacted.

         Written or printed notice of each special meeting of stockholders,
stating the place, day and hour of such meeting and business proposed to be
transacted thereat, shall be mailed, postage prepaid, or otherwise given to each
holder of record of the stock entitled to vote thereon, at this address, as the
same appears on the books of the Corporation, at least ten days prior to such
meeting.

         [5] Quorum. Except as otherwise required by law, by the Certificate of
Incorporation of this Corporation or by these Bylaws, the presence, in person or
by proxy, of stockholders entitled to cast a majority in number of the aggregate
number of votes to which the Common Stock shall be entitled, shall constitute a
quorum at all meetings of the stockholders. In any case where the presence of
the aforesaid number of the holders of Common Stock shall be necessary to
constitute a quorum, and if such number shall not be present or represented at
any meeting, the stockholders entitled to vote thereat, present in person or by
proxy, shall have power to adjourn the meeting from time to time, without notice
other than announcement at the meeting, until the requisite amount of voting
stock shall be present. At any such adjourned meeting at which the requisite
amount of voting stock shall be represented, any business may be transacted
which might have been transacted at the meeting as originally noticed.

         [6] Proxies. Any stockholder entitled to vote at any meeting of
stockholders may be represented and vote thereat by proxy appointed by
instrument in writing subscribed by such stockholder and bearing a date not more
than three months prior to such meeting, unless such proxy shall, on its face,
provide a longer period in which it is to remain in force.

         [7] Vote by Ballot. The vote for directors, and, upon the demand of any
stockholder, the vote upon any question before the meeting, shall be by ballot.
All elections shall be had and all questions decided by plurality vote.

         [8] Voting Lists. The Secretary shall prepare, at least ten days before
each election of directors, a complete list of the stockholders entitle to vote,
arranged in alphabetical order, with the residence of and the number of voting
shares held by each stockholder, which shall be open for the examination of any
stockholders, at the place where said election is to be held, for ten days prior
to such election, and shall be kept available for inspection by any stockholder
during the whole time of the election. Each stockholder shall have one vote for
each share of stock having voting power and registered in his name on the books
of the Corporation.

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                                   ARTICLE IV

                                    DIRECTORS

         [1] Powers. The board of directors shall exercise all of the powers of
the Corporation except such as are by law, or by the Certificate of
Incorporation of this Corporation, or by these Bylaws conferred upon or reserved
to the stockholders.

         [2] Number. The number of directors constituting the board of directors
shall be six (6) in number, but the board of directors are authorized by the
vote of a majority of the board of directors to increase the number of directors
up to twelve (12) and to fill any vacancies created by any such increase.

         [3] Term of Office. Except as otherwise provided in the Certificate of
Incorporation of this Corporation, each director shall be elected to serve until
the next annual meeting of stockholders and until his successor is chosen and
qualified. In case one or more vacancies shall occur in the board of directors,
the remaining directors, although less than a quorum, may, by a majority vote,
elect a successor or successors for the unexpired term or terms.

         [4] Removal. At any special meeting of the stockholders duly called, as
provided in these Bylaws, any director or directors may, by vote of a majority
of all the shares of stock outstanding and entitled to vote, be removed from the
office with or without cause and his successor or their successors may be
elected at such meeting, or the remaining directors may, in the absence of such
election, fill any vacancy created by such removal.

         [5] Meetings. The newly elected board of directors may meet at such
place and time as shall be fixed by the vote of the holders of the Common Stock
at the annual meeting, for the purpose of organization or otherwise, and no
notice of such meeting shall be necessary to the newly elected directors in
order to legally constitute the meeting, provided a majority shall be present;
or it may meet at such place and time as shall be fixed by the consent in
writing of all the directors. Regular meetings of the board of directors may be
held without notice at such time and place as shall from time to time be
determined by the board of directors. Special meetings of the board of directors
may he called by the President, and shall be called by the President or
Secretary upon the written request of not less than three (3) directors. Notice
of special meetings shall be given personally or mailed to each director at
least three days in advance or telegraphed to each director at least forty-eight
hours in advance counting from the time the telegram reaches the sending office
of the telegraph company. Such notice shall specify time and place of meeting.

         [6] Place of Meetings. The board of directors may hold its meetings and
have one or more offices and keep the books of the Corporation (except such
books as are required by law to be kept within the State of Delaware), either
within or outside of the State of Delaware at such place or places as it may
from time to time determine.

         [7] Quorum and Powers of a Majority. At all meetings of the board of
directors, a majority of the directors shall be necessary and sufficient to
constitute a quorum for the transaction of business, and the act of a majority
of the directors present at any meeting at which

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a quorum is present shall be the act of the board of directors, except as
specifically required by statute, or by the Certificate of Incorporation of this
Corporation, or by these Bylaws.

                                    ARTICLE V

                               EXECUTIVE COMMITTEE

         [1] Powers. The board of directors may designate two or more of their
number, including the President, to constitute an Executive Committee to serve
during the pleasure of the board of directors. The board of directors is
authorized to remove at any time, without notice, any member of the Executive
Committee, and elect another member in his place and stead.

         The board of directors may delegate to such Committee any or all of the
powers of the board of directors in the management of the business and affairs
of the Corporation and may from time to time extend, modify, curtail or restrict
the powers so delegated. During the temporary absence of a member of the
Executive Committee, the remaining member or members may appoint a member of the
board of directors to act in his place, but vacancies in the membership of the
Committee shall be filled by the board of directors at a regular meeting or at a
special meeting called for that purpose.

         [2] Meetings. The Executive Committee may meet at stated times, or on
not less than twenty-four hours' notice given personally or mailed or
telegraphed to all by any one of their own number. During the intervals between
meetings of the board of directors, such Committee shall advise with and aid the
officers of the Corporation in all matters concerning the interests and
management of its business.

         [3] Minutes. The Executive Committee shall keep regular minutes of its
proceedings and report the same to the board of directors when requested.

                                   ARTICLE VI

                                    OFFICERS

         [1] Election. The officers of the Corporation shall be a Chairman of
the Board, President and Chief Executive Officer, one or more Vice-Presidents,
one or more Assistant Vice-Presidents, a Treasurer, one or more Assistant
Treasurers, a Secretary and one or more Assistant Secretaries, all of whom shall
be elected by the board of directors. None of the officers, except the Chairman
of the Board and the President, need be a director. The officers shall be
elected at the first meeting of the board of directors after each annual meeting
of stockholders.

         [2] Hold Two Offices. Any two of the above offices, except those of
President and Vice-President, may be held by the same person, but no officer
shall execute, acknowledge or verify any instrument in more than one capacity,
if such instrument is required by law or by the Bylaws to be executed,
acknowledged or verified by any two or more officers.

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         [3] Term of Office. The officers hereinbefore mentioned shall hold
office for one year and until their successors are chosen and qualify. Any
vacancy occurring among the officers shall be filled by the board of directors,
but the person so elected to fill the vacancy shall hold office only until the
first meeting of the board of directors after the next annual meeting of
stockholders and until his successor is chosen and qualified.

         [4] Agents. The board of directors or its Executive Committee may
appoint such agents as it may deem necessary who shall hold their offices for
such terms and shall exercise such powers and perform such duties as shall be
determined from time to time by the board of directors or its executive
committee.

         [5] Salaries. The salaries of all officers, executives and agents of
the Corporation shall be fixed by the board of directors or by a salary
committee appointed by said board.

         [6] Removal. Any officer chosen by the board of directors may be
removed at any time by the affirmative vote of a majority of the board of
directors, with or without cause.

         [7] Voting Shares in Other Corporations. The Corporation may vote any
and all shares held by it in any other corporation or corporations by such
officers, agent or proxy as the board of directors may appoint, or in default of
any such appointment, by its President or by a director Vice-President.

                                   ARTICLE VII

                              CHAIRMAN OF THE BOARD

         Chairman of the Board. The Chairman of the Board shall, subject to the
provisions of the Bylaws and to the direction of the board of directors, serve
in general executive capacity and unless the board has designated another
person, when present, shall preside at all meetings of the stockholders of the
Corporation. The Chairman of the Board shall perform all duties and have all
powers which are commonly incident to the office of Chairman of the Board or
which are delegated to him by the board of directors. The Chairman of the Board
shall have general responsibility for the appointment and activities of
committees of the board of directors, as may be designated by the board of
directors from time to time.

                                  ARTICLE VIII

                      PRESIDENT AND CHIEF EXECUTIVE OFFICER

         [1] President and Chief Executive Officer. The President and Chief
Executive Officer shall have general responsibility for the management and
control of the business and affairs of the Corporation. The President and Chief
Executive Officer shall be ex-officio a member of all of the standing or
management committees and shall perform all duties and have all powers which are
commonly incident to the office of President and Chief Executive Officer or
which are delegated to him by the board of directors. Subject to the direction
of the board of directors, the President and Chief Executive Officer shall have
the power to sign all stock

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certificates, bonds, mortgages, contracts and other instruments of the
Corporation which are authorized and shall affix the seal to any instrument
requiring it and when so affixed the seal shall be attested by the signature of
the Secretary or the Treasurer or an Assistant Secretary or an Assistant
Treasurer. The President and Chief Executive Officer shall have general
supervision of all of the other officers (other than the Chairman of the Board),
employees and agents of the Corporation.

                                   ARTICLE IX

                                 VICE-PRESIDENTS

         The Executive Vice-President shall, in the absence or disability of the
President, perform the duties and exercise the powers of the President, and
shall perform such other duties as the board of directors shall prescribe. The
other Vice-President or Vice-Presidents shall perform such duties as shall be
assigned to him or them hereunder or by the board of directors or by the
President.

                                    ARTICLE X

                                  THE TREASURER

         [1] Custody of Funds. The Treasurer shall have the custody of the
corporate funds and securities, and shall keep full and accurate account of
receipts and disbursements in books belonging to the Corporation. He shall
deposit all moneys and other valuables in the name and to the credit of the
Corporation in such depositaries as may be designated by the board of directors.

         [2] Disbursements. The Treasurer shall disburse the funds of the
Corporation as may be ordered by the board of directors, taking proper vouchers
for such disbursements. He shall render to the President and directors at the
regular meetings of the board of directors, or whenever they may request it, an
account of all his transactions as Treasurer and of the financial condition of
the Corporation.

         [3] Bond. He shall give the Corporation a bond if required by the board
of directors, in a sum and with one or more sureties satisfactory to the board
of directors, for the faithful performance of the duties of his office and for
the restoration to the Corporation in case of his death, resignation, retirement
or removal from office of all books, papers, vouchers, moneys and other property
of whatever kind in his possession or under his control belonging to the
Corporation.

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                                   ARTICLE XI

                                  THE SECRETARY

         The Secretary shall attend all meetings of the board of directors and
all meetings of the stockholders and shall record all votes and the minutes of
all proceedings in a book to be kept for that purpose and shall perform like
duties for the standing committees when required. He shall give or cause to be
given notice of all meetings of the stockholders and of the board of directors,
and shall keep the seal of the Corporation in safe custody. He shall perform
such other duties as may be prescribed by the board of directors or by the
Executive Committee or by the President under whose supervision he shall be. He
shall be sworn to the faithful discharge of his duties.

                                   ARTICLE XII

                 ASSISTANT VICE-PRESIDENTS, ASSISTANT TREASURERS
                            AND ASSISTANT SECRETARIES

         The Assistant Vice-Presidents, the Assistant Treasurers and Assistant
Secretaries shall perform such duties as may be prescribed hereunder, or by the
board of directors, or by the Executive Committee, or by the President.

         In the absence or disability of any Vice-President, his duties may be
performed by any Assistant Vice-President.

         In the absence or disability of the Treasurer, his duties may be
performed by any Assistant Treasurer.

         In the absence or disability of the Secretary, his duties may be
performed by any Assistant Secretary.

                                  ARTICLE XIII

                       DUTIES OF OFFICERS MAY BE DELEGATED

         In case of absence or disability of any officer of the Corporation, or
for any other reason that the board of directors may deem sufficient, the board
of directors, by majority vote, may delegate for the time being the powers or
duties or any of them of such officer to any other officer or to any director.

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                                   ARTICLE XIV

                              CERTIFICATES OF STOCK

         The certificates of the Common Stock of the Corporation shall be
numbered and shall be entered in the books of the Corporation as they are
issued. They shall exhibit the holder's name and certify the number of shares
owned by him and shall be signed by the President or a Vice-President and by the
Secretary or an Assistant Treasurer of the Corporation and sealed with its seal.

                                   ARTICLE XV

                               TRANSFERS OF STOCK

         The shares of stock shall be transferable on the books of the
Corporation by the person named in the certificate or by attorney, lawfully
constituted in writing, and upon surrender of the certificate thereof.

         The board of directors shall have power and authority to make all such
rules and regulations as it shall deem expedient concerning the issue, transfer
and registration of certificates for shares of stock of the Corporation.

         The board of directors may appoint and remove transfer agents and
registrars of transfers, and may require all stock certificates to bear the
signature of any such transfer agent and/or of any such registrar of the
transfers.

                                  ARTICLE XVI

                           CLOSING OF TRANSFER BOOKS

         The board of directors shall have power to close the stock transfer
books of the Corporation for a period not exceeding sixty (60) nor less than ten
(10) days preceding the date of any meeting of stockholders or the date for the
payment of any dividend or the date for the allotment of rights; provided,
however, that in lieu of closing the stock transfer books as aforesaid, the
board of directors may fix in advance a date, not exceeding sixty (60) nor less
than ten (10) days preceding the date of any meeting of stockholders or the date
for the payment of any dividend, or the date for the allotment of rights, as a
record date for the determination of the stockholders entitled to notice of,
and to vote at, any such meeting, or entitled to receive payment of any such
dividend, or to any such allotment of rights, and in such case only such
stockholders as shall be stockholders of record on the date so fixed shall be
entitled to notice of, and to vote at, such meeting, or to receive payment of
such dividend, or to receive such allotment of rights, as the case may be,
notwithstanding any transfer of any stock on the books of the Corporation after
such record date fixed as aforesaid.

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                                  ARTICLE XVII

                             REGISTERED STOCKHOLDERS

         The Corporation shall be entitled to treat the holder of record of any
share or shares of stock as the holder in fact thereof, and, accordingly, shall
not be bound to recognize any equitable or other claim to or interest in such
share or shares on the part of any other person, whether or not it shall have
express or other notice thereof, save as expressly provided by the laws of
Delaware.

                                  ARTICLE XVIII

                                LOST CERTIFICATES

         Any person claiming a certificate of stock to be lost or destroyed
shall make an affidavit or affirmation of that fact and verify the same in such
manner as the board of directors may require, and shall, if the board of
directors so requires, give the Corporation, its transfer agents, registrars,
and/or other agents a bond of indemnity in form and with one or more sureties
satisfactory to the board of directors in at least double the value of the stock
represented by said certificate before a new certificate may be issued of the
same tenor and for the same number of shares as the one alleged to have been
lost or destroyed.

                                   ARTICLE XIX

                               INSPECTION OF BOOKS

         The board of directors shall determine from time to time whether, and
if allowed, when and under what conditions and regulations the accounts and
books of the Corporation (except such as may by statute be specifically open to
inspection), or any of them, shall be open to the inspection of the stockholders
and the stockholders' rights in this respect are and shall be restricted and
limited accordingly.

                                   ARTICLE XX

                               CHECKS, NOTES, ETC.

         All checks, drafts, acceptances, notes and other orders, demands or
instruments in respect of the payment of money shall be signed or endorsed in
behalf of the Corporation by the President or a Vice-President and by the
Secretary or Treasurer, unless otherwise directed by the board of directors.

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                                   ARTICLE XXI

                                   FISCAL YEAR

         The fiscal year of the Corporation shall correspond with the calendar
year.

                                  ARTICLE XXII

                                    DIVIDENDS

         Dividends upon the capital stock of the Corporation may be declared at
the discretion of the board of directors, subject to the provisions of the
Certificate of Incorporation, at any regular or special meeting.

                                  ARTICLE XXIII

                                     NOTICES

         [1] How Given. Whenever notice is required to be given by the
Certificate of Incorporation or these Bylaws, it shall not be construed to mean
personal notice, but such notice, except as otherwise provided by law, may be
given by depositing the same in a post office, letterbox or mail chute, in a
postage paid, sealed wrapper addressed to the stockholder, officer or director,
as the case may be, at such address as appears on the books of the Corporation.

         [2] Waiver of Notice. Notice of the time, place and/or purpose of any
meeting of stockholders or of the board of directors, whether required by these
Bylaws, or by any provision of law, or by the Certificate of Incorporation, may
be dispensed with if every stockholder shall attend, either in person or by
proxy, or if every director shall attend in person, or if every absent
stockholder or director shall, in writing filed with the records of the meeting,
either before or after the holding thereof, waive such notice.

                                  ARTICLE XXIV

                       INDEMNITY OF DIRECTORS AND OFFICERS

         The Corporation shall indemnify every director or officer, his heirs,
executors and administrators, against expenses reasonably incurred by him
(including, without limitation, reasonable attorneys' fees) in connection with
any action, suit or proceeding to which he may be made a party by reason of his
being or having been a director or officer of the Corporation to the extent
permitted by the Delaware corporation Law, as amended, or any successor
provision thereto.

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                                   ARTICLE XXV

                                   AMENDMENTS

         [1] By Stockholders. These Bylaws may be altered, amended or repealed
by the affirmative vote of a majority of the holders of Common Stock issued and
outstanding at any regular or special meeting of the stockholders, if notice of
the proposed alteration, amendment or repeal be contained in the notice of the
meeting, provided, however, that no change of the time or place for the election
of directors shall be made within sixty (60) days before the day on which such
election is to be held and that in case of any change of such time or place,
notice thereof shall be given to each stockholder entitled to vote for any
director or directors, in person or by letter mailed to his last known post
office address at least (20) days before the election is held.

         [2] By Directors. The board of directors shall have the power to make,
alter and repeal bylaws additional and supplementary to these Bylaws and not
inconsistent with any of the same but any such additional or supplementary
bylaws may be altered or repealed by the holders of the stock entitled to vote.

                                       11<PAGE>   1
                                                                     Exhibit 4.1

NUMBER                               BLAIR                               SHARES
CU                               CORPORATION                           ________
              INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE

COMMON STOCK                                               COMMON STOCK
    (NEW)                                               CUSIP 092828 10 2
                                             SEE REVERSE FOR CERTAIN DEFINITIONS

THIS
CERTIFIES
THAT

                                ====SPECIMEN====

IS THE OWNER OF

      FULLY PAID AND NON-ASSESSABLE SHARES WITHOUT NOMINAL OR PAR VALUE OF
                              THE COMMON STOCK OF

---============================BLAIR CORPORATION=============================---
(hereinafter called the "Corporation") transferable on the books of the
Corporation by the registered owner hereof in person or by duly authorized
attorney upon surrender of this Certificate properly endorsed.
     This Certificate is not valid unless countersigned by the Transfer Agent
and registered by the Registrar.
     Witness the facsimile seal of the Corporation and the facsimile signatures
of its duly authorized officers.

Dated:                                                    BLAIR CORPORATION

                                [BLAIR CORPORATION        By
                                  CORPORATE SEAL]

      /s/ David A. Blair                                     /s/ John E. Zawacki
      -------------------                                    -------------------
                Secretary                                              President

--------------------------------------------------------------------------------
Countersigned and Registered
                               National City Bank
                               (Cleveland, Ohio)
                                                    Transfer Agent and Registrar

By

                                                            Authorized Signature
--------------------------------------------------------------------------------

<PAGE>   2

     The following abbreviations, when used in the inscription on the face of
this certificate, shall be construed as though they were written out in full
according to applicable laws or regulations:

     TEN COM--as tenants in common   UNIF GIFT MIN ACT--........Custodian.......
     TEN ENT--as tenants by the                          (Cust)          (Minor)
              entireties                           under Uniform Gifts to Minors
     JT TEN --as joint tenants with                Act..........................
              right of survivorship                   (State)
              and not as tenants in
              common
     Additional abbreviations may also be used though not in the above list.

     FOR VALUE RECEIVED,_______________ HEREBY SELL, ASSIGN AND TRANSFER UNTO
     PLEASE INSERT SOCIAL SECURITY OR OTHER
         IDENTIFYING NUMBER OF ASSIGNEE
     --------------------------------------

     --------------------------------------

     ---------------------------------------------------------------
        (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS OF ASSIGNEE)

     ---------------------------------------------------------------

     ---------------------------------------------------------------

                                                               SHARES
     ----------------------------------------------------------
     OF THE CAPITAL STOCK REPRESENTED BY THE WITHIN CERTIFICATE, AND
     DO HEREBY IRREVOCABLY CONSTITUTE AND APPOINT
                                                 ATTORNEY
     --------------------------------------------
     TO TRANSFER THE SAID STOCK ON THE BOOKS OF THE WITHIN NAMED
     CORPORATION WITH FULL POWER OF SUBSTITUTION IN THE PREMISES.
     DATED
          ---------------------------------------

                              -------------------------------------------------
                      NOTICE: THE SIGNATURES TO THIS ASSIGNMENT MUST CORRESPOND
                              WITH THE NAMES AS WRITTEN UPON THE FACE OF THE
                              CERTIFICATE IN EVERY PARTICULAR, WITHOUT
                              ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATEVER.

-------------------------------------------------------------------------------
                   THIS SPACE MUST NOT BE COVERED IN ANY WAY

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