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<br />2. Loans. <br /> <br />No loans shall be contracted on behalf of the corporation and no evidences of <br />indebtedness shall be issued in its name unless authorized by a resolution of the board of <br />directors. Such authority may be general or confined to specific instances. <br /> <br />3. Checks, Drafts, Etc. <br /> <br />All checks, drafts or other orders for the payment of money, notes, or other <br />evidences of indebtedness issued in the name of the corporation shall be signed by such <br />officer or officers, agent or agents of the corporation and in such rnanner as shall from time <br />to time be determined by resolution of the board of directors. <br /> <br />4. Deposits. <br /> <br />All funds of the corporation, if any, not otherwise employed shall be deposited from <br />time to time to the credit of the corporation in such banks, trust accounts, or other <br />depositories as the board of directors may select. <br /> <br />ARTICLE VII <br />CERTIFICATES FOR SHARES AND THEIR TRANSFER <br /> <br />1. Certificates for Shares. <br /> <br />Certificates representing shares ofthe corporation shall be in such form as shall be <br />determined by the boardof~~irEl..ctors._~ucl"1 certificates shall be signed by the president or <br />a vice-president and by the secretary or an assistant secretary. All-certificates' for shares <br />shall be consecutively numbered or otherwise identified. The name and address of the <br />person to whom the shares represented thereby are issued, with the number of shares and <br />the date of issue, shall be entered on the stock transfer books of the corporation. All <br />-~~ceiiifjca'tes surreAdered'to-the'corpoiaci6n for transfer shall be canceled'l:l:rrd-iRi lIew-'- <br />certificates shall be issued until the former certificate for a like number of shares shall have <br />been surrendered and canceled, except that in case of a lost, destroyed, or mutilated <br />certificate a new one may be issued therefor upon such terms and indemnity to the <br />corporation as the board of directors may prescribe. <br /> <br />2. Transfer of Shares. <br /> <br />(a) Upon surrender to the corporation or the transfer agent of the corporation of <br />a certificate for shares duly endorsed or accompanied by proper evidence of succession, <br />assignment or authority to transfer, it shall be the duty of the corporation to issue a new <br />certificate to the person entitled thereto, and cancel the old certificate; every such transfer <br />shall be entered on the transfer book of the corporation which shall be kept at its principal <br />office. <br /> <br />F:IKFLIKERN.RESERVOIRIBYLAWS <br /> <br />9 <br />