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, , capi tal stock of the company shall be subject to th6 paythent of' "- such pro rata assessments as. may, be so levied, and the cbmpany shall have a first and prior lien upon each share of such ,stock for such pro'rata aSSessment until the eame, together with all interest and otheroharges connected therewith shall have been paid in full. In the event any annual meeting of the s~ook- holders shall fail to levy such assessment by the first day of Maroh in any. year the Board of Directors shall have fu11 powsr and authori ty to make suoh,assessm,ent ,at nny regular or special meeting Of '~aid board, oalled for that purpose, and any levy so make by the Board of Directors ,shall be as effeotive, for all purposee as though made by the stookholders, and Shall be sub- jeot to all of the provisions of these by-laws relating to assessments'made by ths stookholders. Section 2--Payment of Assessments--All assessments upon the capital stock of the company, levied in accordance with the provisions of Section, lof this article, shall be due l'l.Ild payable as an entirety or in installments at such time or times and in Such, amounts as ,~hali bs fixed nnd determined by the stockholders at the'ir annual meeting, or by the directors, in ,the event no such l~vy is made by the stockholders. Section 3--Notice of Assessment--Within thirty days after the annual meeting of the stookholders or meeting of the Board of Direotors at whioh'any assessment provided in Section 1 of this Artiole is levied, the seoretary shall mail a notioe thereof' to each stookholder at his last known post offioe address, stating the amount of such levy and the date ,Or datea upon whioh'the same shall become due, either as entirety ~r in installllltnt.B,', The seor~tary shall mail a notioe to each stook- holder at his last knowp post offioe address not less than -10-