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0 <br />6 <br />mailing or servica oi said notioe, and etating that, unlese pay- • <br />ment in iull be made by the date specified therein, the watar of <br />said etockholder shall be ehut off. <br />8eotion 6--9a1e or Forfeiture--The Board of Directore <br />may forf e1t or sell the eharea of etock omned b}� any atockholder <br />s�ho ehall beoome delinquent in the payment of any aesessment or <br />aesesements or of any installment or inste.11mente tbereoi� in th6 <br />menner Yollov+ing, to-�it: <br />�9hen any stockholder ehall become delinquent in the pay- <br />ment of any aeeesement or aeeeesmente or eny inetsllment thereof <br />ea defined and provided in Section 5 of this Article, tha eeo- <br />retary ehall mail or serve the notice prmvided for in eaid <br />8ection 5 oi this Article, and ae therein nrovided. Aiter suoh <br />notice ehall have been qiven, and the porlod o�' not less than <br />thirty days prescribed therein ehall have expired� end at any <br />°,_%'� .�`' m �''� �-- '""tii�e`the�e�'t�i �'�rritten notice eign8d by the secretary ehall <br />be mailed to euoh etockholder at hie last known poet office • <br />addrese, or shall be delivered to the etockholder in person, <br />which notice ehall etate the date �nd emount of euch delin- <br />quencies, ehall demand payment thereof, and ehall give notice <br />that unlees paymant of euch e.asesement or aseesemente or in- <br />etallmente thereof, aith intereet thereon, ehall be made on <br />or before a certain dnte not lese than thirty dnye after the <br />date of the se�vice or me�iling of such notiee� euch etock ehall <br />be forf eited to, or sold by the cbmpnny. If pa.yment be not <br />made as demanded ih said notice on or before the day speoified, <br />the 5oard oi birectore may: <br />(a) Declare eaid etock forleited to the company, or <br />(b) Proceed to sell said etock in manner following: <br />The secretary shall give notice by advertisement in a newepaper <br />-12- <br />L � <br />