dg. My. & My 6. BROVRING COMPANY Proposed Amendment to ARTICLE corporation the of stock eapital the of amount The Vs shall be $100,000.00, divided into 10,000 shares of the value Of the said 10,000 shares, 1,000 shares of £10.00 each. shall be common stock, and the balanes, 9,000 shares, shall ‘The common stock shall not receive stock, any year unless within such year dividends be preferred dividends in amounting of preto 6% be paid on the existing $90,000.00 the whole combined par when and stock; ferred of value paid 6% is paid for and common that that may be out distinction as between the company, or from the holders of this article, exeept dividends for year and common on year any stock, preferred to are any further the of 4/4ths of holders the corporation shall have been Any stockholder desiring to of when shares stock given for such sale or sell any of the shares corporation this common capital stock notice, or at 50% of the book value not be books or time written the of the at thereof Said stock. preferred shares of stock, whether common or preferred, shall sold by the holders thereof or transferred upon the adoption with- paid be hereafter shall of said shares, the of consent of of this transfer. of the serve upon of each stockholder in this corporation, as shown by the books notice written a sale, proposed such of time the company at the the of his intention to do so, and he shall state in the notice be not shall consent Tf such erice which he expects to obtain. for then, notice, such ef service given within 30 days from the a further period of 39 days, any stockholder of this corporation shares so shell have the privilege of purehasing all of said in the stated price the desired to be sold as aforesaid, at that provided, 4s lower, or all if any of the stock whichever sought to of common be sold shall be common stock, the other holcers the purehase to right stock, or any of them, shall have the of holders the to preference in stock sought to be sold consent. to ereferred stock, and, provided further, that such of expiration the at sell shall be deemed to have been given meantime the in unless notice such of 60 days from the service to purchase hereunder a stockholder, or stockholders, entitled sold. shall notice have bought If a thereof provided for the.stock.so transfer need must Mareh 30, 1937. be sought be given, procured sought.to be made does not involve a sale, no. : . written consent hereinbefore mace. be may before the transfer to but be the