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O....llf'Nhip ~r,.hJitfs~O{,U\). elillill of lM c4lpu...l ..v.>ek of the l'orporatkm lIhall not et,titk \ice holden
thfre'",{ 10 lIlny pr~l:Ipt!ve ri~ht t~} )u~rll'(' lor or purduue or to h.avt' (Ift~red to t~'ll f<.lt suhKtlptlon
or pun:h~ ;ony al-..&f~ of rapit.al 5tvck (.1 IU'Y tlau of the l'X.rporilhon 0r .1.)1 H(:urit.. l-UflVNtlbk- Into
..n)' dcUlo!l 01 capital !!lu<:K vi th~ (,"\~tp'-'H\tion. h<)we,'M' H....'qu.ue-\.i. ilMu...d or IiQki b)' tlw! rorporlllll(>l1. It b.~!\&
th4! p'.1rpo(oSof: aml mt...nt thaI the ~)o&rd l...f l.hrrtton. IIo~U have fuH r~h.I, P')'W'e1" .nd aulhonl)' Iv l,flt'f !0t
JU1.Jllol'flpth)1\ or ~U or 10 ma.ke lll~>' di..'pl..tWll of any or I:lll uniMuallharu uf Ihe {',*plllll atlA'kof tl~ (,Qr-
lJ<.IT&llOI\ lIT an)' ~\lnt.Jt" convertib;.. llitO ilo('K tH a.ny or all Wl'M of !It<.x:k or ronvethhl~ 'H,oCUfllln
I~Ut..J "nd Ihereaher aC'lun1!'J by Ow ::-~.HponlHon, for IHKh (vr,,"d.-r.Uon, In mOlley or propc'rty, a..'I Ih~
l~rd of Du"ect(jf1l1>hIlU dt'l~rmiM.
0,
Th.. \'orpor6\tWII bhaU ~ f'nlHl~' to tr~ilt the pt'r&on In Whl~ nal~ ..n)' tihat~, right flr OpU')ll is; r~i..~.
\("r('(1 ll.!l the owner therNf, f,), .Ii purp.;.>..'iIt"J., and &hal1 (lot be l"Oulld tH N"0.lgnilt' any t"qlJitable Of oth-er
dallll 10, \If inte.t'Sl Hl, !!.I.ldl !h.<\f'e, right or optIOn 00 the purt d ~y ()th~t penon, wht'tht'r or not th4l
corpc,rallo!l !!>IWlll h....wc n{JIIl'\' ~r~lf, ~\'C ll~ n\AY W c;xprc:,.sl)' p:r(}V1UeJ by the law. (.If Ih... Sll1lt. uf
l),e 1.. W l!( {',
FH"fll Th(' IIllCHIIH1IH i1mount (If ":iJpltal wllh whtlh thE.' Hlq)!o.)Ultlon "'ill! <;omn\C'toce b~lm~S3 is OI1~
Tho\l,5,dlld DoHan \$l,~).()I)),
SIXTH The namt'3 &Ild l)ltl<<i'i of ffl.idenc~ d the illcorpouto('l are IU fol~'~:
N ^ MES
S H UVMaY
J, F', Cook
S S, Ga~
Rl'-.:sl D EN C!S
WIlmingt()ll. l~1.wart'
Wilmington, Dd.awar,
WIlminl'k1n, DelAwan
SI':VENTH The \-Orpofllhon i3 to hA\'{' p~rpel\lal e)(t.Stenc~.
EIGiITa. The PU\'lillt' PfQ~1>' of lh~ lito.ckhQlJen ~U l~t be eub;~d w \h~ payment '.If cvrpoute.
dt'bts h) ~n)' ,"xlenl .....halever.
Nli'i'TH In furth~nHH.'t: &H\O not in limitation of the po..W!!fS (()nft>rrf'<.i by at.atutt', tM ll<Jllro
of dirt'CloN is ~xpr~ly aUlhoriud:
To ;nut', llltt't or ft'pullhe by-Llw!i of th~ COl'pi.HiAtl(-:n III the m.annH soet forth in t~ by-aWl,
To oUlhorlte a.nd caUM! to ill' t'x~ul{'{i IIWfig*g" and hf'ns upon th~ u;-al and JW!r!JVnal pw~rty of
thilS corporation,
To i:.et apa.tt Gulli! any of the funtu of thl.' "'_!\l~,jH,tl(ln Dvaii.ablt' fOf dlvldt'nru. w- reterv~ or re~rVH
fot liIJIY propel' pu.rp:~ tind I~} abolah any !luch fnerve il\ the mann~r io whkh it W~ ereQh..d
By ct'SOlutlon pe.~l by a majority of the whi)l~ (x3ard, to dMignale one or '''''.<:in (;()m",itt~I, eiich
committM' to COMist of two or more of Ihe d~re<:ton of thli.' clll'1)Oratton. which, Ii) the extent provldtwJ In
the fuolutlOn or lI\ the b,'-Uiwt; of the eori-,,)fl\lii>n, j;hall tuwe .md Tnay t'un.'Lw th~ poWt'f1l of the bc)ard
of diri'don in thl! rruuUigem~nt of the bu~int';;,s Qnd affain'uf tht' Nrporiltin!\, a.nd t'llt)' ~ulhorlze the Ioeill
d Ihe ('()rporilUon to be aIfL"",d t1) aU papt'u which nuy rf:>'-lI,.Ilr~ it, SUcCn COfl\1I1Htee Of C(lmmitt~ I\haU
have such narne (If narM~ M ma>' be it41lt"l.i Iii the by.lllws (If the CDfpOyatlon or lU 01<1>' be d~tem'lnro frDtn
U(n~ to time by fMOluUon A.dOi.}t~j by the bOilrd oj dir<<tou,
'rr:NTlI M~tln&!l of !it()ckJwkl!'f!> may lc.(' held outmlt' the Stn!'! of DeL-wine, If the by.lswl< Il<1 pro..
vld~. Th$ b<)diA of thl' nJrlx1r..Uon nUl>" bt.' kept (!iubjed to any provbhm n:.nt",int'd in lh~ !;tfiIUlt'lfl)
oul.!l\dt' tb~ StQte of Del..wlHi.' lit iIJ,h pian" or pl.i.cn .u may be dMignalt'.Q from lirne to time by lh~
bCJ.lird (If d.rKtvu or In the by-law'& of the l',;rpor~Hon, t:l{K:tiof.r. ,A dir"KtNs fl<<<l not \~ h>' {~l\ot \In't-.~
the by-law! of lh~ corpc.uU(>!1 j.hAil fj.l) provid-\',
F.:LEVl-:N111 '!'ht' eOrpi)r;itlon r~r"'e-s lh~ rii(ht to ..m~nd. alter, chanll(! ur rf'pt"31 any ptovi$kn
c(lOi.ain~ In thiA (~rtifl(!ih,' of ll'tClOrpoutlon, in IhJ! mannt'l' now or h~.....ito;r pu'scr',ht-d by !;tatul<;, or thi~
C~rtifi{:Qt~ {If Inc-<>rporatiofl, Qod aU rishu ron!fne-d upon 6iOCkh..,idt'N ht't~in ate guniEo.1 aubjed to
Uili r~iltlon
TVlF.LYnf. In th~ at~!l(^f" of fr~ud, no (oolrii(" or other tr..Hue-tiNt ~t......eoen thh c';fl"jflltlon i>nd
tiny other (-(,rpor&hon or any partnuahip or U!\lXiiitlOIl ..hAll bE I.lfle<:t~d ur I.nvl>.Hd..tM by th~ bet IMI
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