into a lawful unless Board, things herein and may do collectively, in which citizens may lawfully possess only powers possess all limited. powers (It granted except their do in should be remembered: to by those them law, prohibited discretion, any any or all States "Corporations while individuals by law".) They may own real estate or personal property in any State, may buy, sell, improve, exchange, lease for any and all purposes, assign, convey and deliver, execute trust deeds and mortgage or otherwise encum-— ber the propery. They may own stock in or entire charters of corporations. hey may delegate authority at will and Resolutions of their Board recorded in Minutes of their meetings shall be good and sufficient evidence of their intentions and that their acts are within their powers, discretions and authority to perform. ART. 4. TRADE NAME AND SEAL: The Trustees may and hereby do, without actual or pretended creation of a fictitious name, thing or condition, for convenience in collective holding and operation, adopt and use a Trade Name and Common Seal, for the purposes of identifying them collectively and as a Board, the style, design and manner of use of each being shown in the final execution of this instrument. The appearance of the Trade Name shall be construed to refer directly to the Natural Persons com— prising this Group or Board, and authorized to serve as Trustees hereunder. The form used herein in the final execution of this instrument is cited as a good form to follow when Trustees execute contracts and conveyances in their Trade Name, under Seal and in their Board capacity and indicates properly delegated authority to said subscribing Trustees. The Trade Name established hereby is a property possessed and owned by the Board of Trustees. ART. 5. ADMINISTRATION RULES: The Trustees may regard this instrument as their sufficient guide, supplemented by resolutions of their Board written into their office records to cover contingencies from time to time, or they may adopt formal by-laws or rules of conduct when expedient, which shall be considered binding upon all Trustees and which may or may not be published. ART. siding 6. officer BOARD and/or OFFICIALS: other It is officials, advisable to to delegate elect duties a pre- and authorit and some bank may be chosen as a depository, stipulat-— ing as Sits may sign hooks: This Board has selected and authorized its Board President, as shown in the final execution of this instrument, who is subject to change in personnel in the dis-— eretion of the majority of the Trustees from time to time, and as shown in their records, wherein is also shown the degree of authority delegated to such officer in their Board and the location of the Board office and any changes from time to time shall be recorded therein. ART. 7. CONPENSATION: The Trustees shall fix and pay all compensation to officers, agents and employees in their discretion and may pay to themselves as Trustees, such reasonable compensation as may be determined by a regular act of their Board. (8)