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I. CAPITAL STOCK The Capital stock of said company is, and shall be, Five Hundred Thousand Dollars ($500,000.00), which shall be divided into Ten Thousand (10,000) shares of the par value of Fifty Dollars ($50.00) for each share. II. AMENDMENTS TO ARTICLES OF INCORPORATION Any proposed amendment or amendments may be voted upon by the stockholders at their regular annual meeting; provided, that the published nolice of such meeting shall have contained information that such amend. ment, giving the purpose of the same, would be presented and acted upon at such meeting; or any proposed amendment or amendments may be voted upon at a meeting of the stockholders, called by the Board of Direc. tors, (or the purpose o( making such amendment, the purpose o( such amendment having been stated in such notice. Provided, whenever the holder or holders o( one.third o( the outstand. ing slock, as shown by the stock book of the Company, shall, in writing request Ihe President to call a special meeting o( the stockholders (or the purpose o( considering any proposed amendmenl or amendments, the President shall. without delay, call a meeting of the Board o( Directors and present the same to it, and therE'upon the Board shall call a special meeting o( the stockholdNs (or the purpose of considering the proposed amend- ment or amendments to the articles o( incorporation. A two.thirds vote of all the capital stock subscribed and outstanding shall be required in favor of an amendment to said articles of incorporation before the same shall be declared adopted. ,; III. STOCKHOLDERS' MEETINGS The annual meeting o( the stockholders shall be held on or about the first Monday in February o( each year at a place in larimE'r County selected by the Board o( Directors, and such meeting shall be called to order be. tween nine and eleven o'clock A.M., at the discretion of the Board o( Directors. Reasonable advance wrillen notice shall be given by the Board as to time, place and general purpose o( the meeting. The PresidE'nt o( the Board of Directors shall call the meeting to order and appoint a committee on credentials, and when it is found by the report of said commillee, or otherwise, the majority of the stock is repre<;ented in pNson or by proxy, at such mE'eting or adjournE'd meeting, the stock- holders' mE'eting shall proceed. A. QUORUM. A majority of all of the stock of the Company outstand- ing must be represE"nted in person or b}' proxy to ('onstitute a quorum 10 transact any business.