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ARTICLE IX <br />SECTION 1: Certificates of stock shall be issued to every bona- <br />fide subscriber to the capital stock of the company and to assignees <br />of shareholders who shall subscribe to the By-Laws of the <br />company, to evidence their agreement to comply with all the <br />requirements of shareholders as provided in the Articles of <br />Incorporation and By-Laws of the company. <br />SECTION 2: Certificates of stock shall be signed by the <br />President and Secretary, and each certificate shall express on its <br />face its number, the date of its issuance, and the number of shares <br />for which, and the person or persons to whom it is issued. More <br />than one certificate of stock may be issued to the same person or <br />persons, provided that in the aggregate they do not exceed the <br />number of shares belonging to such person or persons. The <br />certificate book shall contain a margin on which shall be entered <br />the number, date, number of shares, and the name or names of the <br />person or persons expressed in the corresponding certificate. <br />SECTION 3: Shares of stock in the company can not be divided <br />into quantities smaller than one-half of a share as of January 10, <br />2004. Shares divided prior to January 10, 2004, will be considered <br />grandfathered, but no further division of those shares may take <br />place after January l0, 2004. (Ratified 1/10/04) <br />ARTICLE X <br />Shares of the company, when issued, shall be issued as full paid- <br />up stock of the par value of one hundred dollars for each share, and <br />such shares of the company may be transferred at any time by the <br />holders thereof, or by attorney legally constituted, or by their legal <br />representative. The transfers shall be made by endorsement on the <br />certificate of stock and surrender of the same, provided that such <br />15 <br />