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aesign�ent oi oertificate, or n written requeSt for tranefer by <br />the owner or holder thereof, personally, or by a�ent or nttorneys, <br />and upon the signature of the oertifioates to be tranePerred pro- <br />perly endorsed or asei�ned; end no transier of etock shall be <br />made u�til and unless all assessments, interest, and chargee due <br />thereon ehall have been paid. <br />Beotion 3--Sale of Btock--No capital etock of the com- <br />pany ehall be eold or issued, eave only in striot oompliance with <br />the provieions of the Articlee oi Incorporation of the company <br />relating thereto. <br />8eotion 4---agncellation of Certificates-.�All trans- <br />ferred or surrendered oertificatee of etook ehall be oancelled <br />and preserved by the eecretary. <br />8eotion S--Lost Certificates--Ih the event of lose of <br />cartifioate, none ehall be iseued to replaoe the eame eaoept by <br />reeolution of the Board of Directors, Ahich resolution ehall <br />require an affidavit or affidavits of euch lose to be filed, <br />etating tho f acts e.nd circumetances thereof, end ehall require <br />such surety and indemnity againet loas, coet or damage to the <br />company by roaeon of the loes of euch oertifiaate end tha <br />issuance of a subetitute oertifioato, ae may be prescribed by <br />tho�Board of Diractore. <br />ARTIOLE VI. <br />Asseesmente on 6took. <br />Bection 1---Levy--�t cach annuel'meeting of the etock- <br />holders of the oompany there ehall be levied n pro rata aesese- <br />ment uppn each ahsrc of the outat8.nding capitaZ etock of the <br />company, the ag�regato of which aseoesaente shall be suPficient <br />to pay all eetimated and anticipated operating and maintenance <br />expenses, and intereat upon and principal of indebtednese for <br />the year in �ohich sueh dsseaement is levied. Each sharo of the <br />_� <br />