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<br />~is oor~or~t1on sh~ll h~ve a tirst 11en on all ths shares
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<br />o~ stock o~ ths rsg1.etered. holl1er thereot tor a!W and. all 1ndebted."less ot
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<br />flUoh etoolt::olcler to ths corl'oz'~t1on,"hethtl1" dlle 6n.1 PIlY~1:>lll,or not d.-If!
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<br />and p~l!b1e,at the time when the c01'l'oration shd1 seek to enf)1'ce such
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<br />1ion,and. whether I!Uch iniebtednss8 to th,} corporation ooc1Jred Lefore 01'
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<br />d'ter I!\loh stookhol:1er beoame a sh'lrehOlder ot th~ oompany ,Md. IJ1:!l:1 lien
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<br />shall cc::H.'!'.!!! lUltll such indebtcdnt:ss sl..\ll be lJlald in ~.!U, ~nd !l\.:ch
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<br />stock llhllU n"t bs transterrsd on ths bOO~ll ot ths c01'po~atlon until
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<br />lu,h 1n1sbt&dncsB Bhall have been p~1d.
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<br />PIJ'!1!:- ~e oa,!lhl stock ot our said oorporatlon ls sixty fhousand.
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<br />(.60,000) l'Ollllrs,to be divldl'd into Six Htmctred. (GOO) Sh!l1'SS ot One
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<br />Hurc1red (*100) Dol!.ars e'lch.an!\ said stook et,all be non-~!il!ePllable.
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<br />sixth:- Our said oorp.'l,.~.,ton shall exiet tor a terlD or Tlrenty (20)
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<br />SJ:iD'm:- Thl) e~l\.irl! and t;w.~.ge!llent of our Bald. oorporation 1'.1'6 .
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<br />to be under tlle 0"nt1'o1 of Five (5) Dj.1'eotors,and !HOHAS BUnJI:R,C[J..F1.~
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<br />".ID:1I'In,H.H.)I'ORl:SVJI,'1'.C.B~A.'1 aocl ALYX.'3ALTZlUJ/ ,are hereby eUeoted
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<br />to act ss 81!~t\ Directors ano1 to r.;l!n~" t:", !l~'i"air:: "lm eonetl;-r.s or Bald
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<br />cor~or~tlon ~ur1n~ tho tirst ye~ or lts ccrporate exleteneo.
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<br />IIGHTP.:- rhB op~rat10n~ or BRtd c~ryorntl~n wl11 b~ .,~~~ied on 1n
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<br />the OOUT.tlos or Bculder,LlU'1lIler !1M Weld,in the state ot COlor"do,lllld the
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