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stock a new certificate or certificates of stock may be issued to the purchaser or purchasers of the <br />stock so sold with a memorandum written across the face thereof, describing the certificate <br />number, date and number of shares, the date of the order of forfeiture and date of sale; and <br />thereafter neither such defaulting stockholder, nor his successors, administrators, heirs or assigns, <br />shall have any right, title or interest whatever, either in law or equity, in and to such forfeited <br />stock, or any part thereof. <br />NOTICES AND RECORDS <br />Section 32. Certificate As To Notices, etc The certificate of the Secretary entered of <br />record on the record book of the Company showing personal service of any notice or demand or <br />of mailing any notice or demand or of having published any notice or demand, required by these <br />By -Laws, shall constitute and be prima facie evidence of the facts contained in such certificate <br />and shall be sufficient to authorize the order of forfeiture of stock as herein provided. The <br />Secretary shall obtain and keep on file as a part of the records of the Company, a copy of each <br />notice published in any newspaper pursuant to these By -Laws, together with the certificate or <br />affidavit of the publisher as to the publication thereof. <br />Section 33. Access To Records All books and records of the Company shall be open to <br />the inspection of all stockholders of the Company during usual business hours. <br />CERTIFICATES OF STOCK <br />Section 34. General. {Adopted March 12, 19971 Certificates of stock in the <br />Company shall be issued, accepted and held subject to the Articles of Incorporation and <br />Bylaws, as such Articles and Bylaws shall be amended from time to time, and the laws <br />under which the Company is organized, and shall be subject to assessments as <br />authorized by law and provided in the Articles of Incorporation and Bylaws. The <br />certificates shall be numbered consecutively and registered as they are issued. <br />Lost or Destroyed Stock Certificates. {Adopted July 12, 20001 In the case <br />of a lost, mislaid, or destroyed certificate, a duplicate certificate may be issued in lieu <br />thereof upon the stockholder furnishing: <br />(1) Proof of ownership of the stock satisfactory to the Board; <br />Lake Meredith Res. Co. 3/7/03 <br />Feasibility of Outlet Channel Page 10 <br />