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<br />, <br /> <br />.- <br /> <br />. <br /> <br />~ <br /> <br />stoOk ehallbe BOld. ~hB SBor.tary Shall also adTertise suoh <br />"etocltfor aale in. some weekly nellllpaper publiShed in lIaid <br />COunt,r1 Sudlnetioe to be publiShed in at lsast four issues <br />. of SllcihneWllPIaPSI' prior to the date of .Iile and tor the <br />pttrp~.' of t~. notioe any .tookhol!er may te notified eithsr <br />in penbtl 61' by iD!l11 at the post of!1oeHaAlr.u f1l1'niBMcl. by <br />suoh itookh01tet a. pl'o~ded by the btlawt of thiS Company. <br />AI11. stockhold.r. or .s.urit1 holde; may pay 8noh assessment <br />inoluding the ooit ot publieation at any time betore the <br />ssmeis.otter'd tor ,all and i' not paid at suoh tkm. the <br />s.or.tafi.' , Prt.tdent or Bome Dir.otor ot said Company shall <br />. .ttet a1 share' upon whish the assessment. are not paid tor <br />sale at, the time and p1aoe tixed, or eo muOh thereot as may <br />be n80ss8aryto pay suoh aeiessmente. ~he same shall be sold <br />to ththighset and best bidder. at! ant. surplus remaining OTer <br />and aboTe the amount~ot ass.ssment and o'st ot adTertising <br />shall be returnea to the stookholder or 'eourity holder a. <br />the oae. may be, it no one at .uoh sale .hall bid the Imount <br />of sUOh assessment. or assessments on any 8&are or shares of <br />stock so oftered for sale. then the Company through its <br />Pre~id.nt or Seoretary or some Direotor shall bid in suoh <br />share or shares of stooktor the amount of suoh assessment <br />or assessments Aue thereon, inoluding oost ot.publioation <br />and ther.upon BUoh.share or shares shall beoome the propert7 <br />of the ~0~psn1 and it shall be su~jeot to disposal by the <br />Board.. ot . Direotors. <br />.---;.,;""7......- .- <br /> <br />B1-law No.9. <br /> <br />The:B$ard of Direotors are further empowered and authoriz ell. <br />to bring Butt against any stookholder or stookholders for the <br />amount of al17 asseesment or assessments levied upon suoh stook <br />whioh Shall remain unpaid after the same beoomes delinquint <br />and suoh suit~a7 be proseouted for the amount of suoh assess- <br />ments or suoh stook may be advertis.d for sale or both as <br />suoh direotors in their judgment may determine. <br /> <br />The above. by-laws were unanimously adopted. <br /> <br />'0 turther business appearing betore the stookholders <br />said meeting was suly adjourned. <br /> <br />Ii~ot. Iii nloh. <br />re !lor . <br /> <br />(SEAL) <br />