Laserfiche WebLink
<br />made for tlIC alUounl due lhercon either ill person or by <br />wriltcn or printed nolice duly mailed to the last knO'Wll <br />address of such Slackholdcr 3t least thirt)' days prior to Ihe <br />time the forfeiture is to lake cl[ect. If tbe assessment is nol <br />paid within such 30 day period. thCll lbe Secretary is <br />ditcctcd to c:mccl Oil tbe books and records of the <br />Corporation. the stock (or which the amount due is unpaid. <br />and is din.-cl.:d to reissue lhe slock ill the name of lhe <br />Curporation. Allbc next annuallllectiug of lbe slock110ldcr:; <br />of the Corporation. s\lJ;h slock shall be om:rcd for sale to the <br />stockholders and shall he sold to the highcst bidder. If the <br />proceeds from the s.ale ;IB: insufficient to satisfy tlle ;!UlOunt <br />duc the Corporalion.. including all reasonable and proper <br />custs of making and giving such notice, lhe Corporation ma)' <br />mainlain an action to reco\'er such deficiency. The proceeds <br />of ;my sale. o\'er and above the amount duc on said shares. <br />y,ball be paid to the delinquellt ~lockholdcr. <br />Enacted br the Slockhohlcrs of tbe Corporation Oli <br />f'ebrual}: 11.2002. <br />