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<br />IlY -LAWS-Continued.
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<br />and express on its face the name of the Corporation, the amounts of it? capital
<br />stock, the par value of its shares, its numerical number, the number of shares for
<br />which it is issued, and the name of the person to whom issued. The Certificate
<br />Book shall contain a stub or margin, on which shall be entered the numerical
<br />number, date, number of shares, and names of the persons to whom issued, and
<br />a blank for a receipt for the same.
<br />ARTICLE XIV,
<br />TRANSFER all STOCK.
<br />SECTION I. Shares of stock of this Corporation may be transferred at any
<br />time by the holders hereof, by Attorney in fact legally constituted, or by endorse-
<br />ment on the certificate of stock. But no transfer shalf be binding upon the
<br />Corporation until the surrender of the certificate, and the acknowledgment of
<br />such transfer by the person to whom transferred, on the books of the Corporation.
<br />SEC. 2. The corporation shall at all times have a fir~;t lien on all the ~harcs
<br />of its stockholders and on dividends declared thereon for any and all indebted.
<br />ness of such stockholders to the corporation.
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<br />SEC. 3' No surrendered certificate shall be cancelled by the Secretary
<br />before a new certificate is isslJed in lieu thereof, and the Secretary shall preserve
<br />such surrendered certificate so cancelled.
<br />SEC. 4' The Board of Directors may, by resolution, order the transfer of
<br />
<br />stock to stop for a space of time not exceeding_'__-::::~_~'_'~'H"."'''''''_.'___'__'''_''
<br />days immediately before the time a dividend is payable, or before the regular
<br />annual meeting of .stockholders.
<br />
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<br />
<br />ARTICLE XV.
<br />LO!;;"!' CERTIFICATE OF STOCK.
<br />SECTION I. Any stockholder claiming a certificate of stock to have been
<br />lost or destroyed. shall make an affidavit of affirmation of such fact reciting the
<br />circumstances attending such loss or destruction, and advertise the same in a
<br />newspaper of general circulation for such length of time as the Board of Directors
<br />may require, describing such certificate, and shall furnish the Board of Directors
<br />with proof of publication by the affidavit of the publisher of the newspaper, and
<br />shall give the Board of Directors a bond of Indemnity, with two or more securi~
<br />ties, in amount double the par value of such certificate, against any damage or
<br />loss that may arise from the issuing of a new certificate, whereupon the Board of
<br />Directors may by resolution duly entered of record, order a new certificate of
<br />the same tenor and effect as the one alleged to be Jost or destroyed.
<br />
<br />'ARTICLE XVI.
<br />NOTICE,
<br />Whenever no~jce is required by the laws of the State or by the By~Laws of
<br />this Company to be given to Stockholders, Directors or Officers of the Company:
<br />personal notice is not meant, unless expressly so stated, and any notice deposited
<br />in the U. S. Postoffice in a sealed postpaid wrapper, properly addressed, s~all
<br />be deemed to have been given at the time of such mailing.
<br />
<br />ARTICLE XVII.
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<br />FISCAL YEAR.
<br />SECTION I. The fiscal yearof this Corporation shall begin On the_...)"'-I__:.___.
<br />
<br />day Of_a.Md~___' A. D. 19& and end on the "a7/c':i.. ,.
<br />
<br />day#~::, . .each year thereafter, at which time all
<br />business shall for t at fiscal year terminate and a report thereof be made to the
<br />stockholders.
<br />
<br />ARTICLE XVIlI,
<br />
<br />AMENDMENTS.
<br />SECTION r. These By-Laws may be altered or amended at any meeting of
<br />the stockholders by a majority affirmative vote of the stock issued and outstand-
<br />ing at such meeting, or by a two-thirds majority affirmative vote of the whole
<br />number of the Board of Directors at any regular or special meeting. Such
<br />action of the Board of Directors to be ratified and confirmed by the first meeting
<br />4?i the stockholders thereafter.
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