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~,~ i :]U {J.C:: ~O
'~ f , \ . r.r . 'l ~ ~ 'f. ! \ \.
(4t) All oj thc~ iRBued 9.nd out8t9.ndln~
dh:lr~6 of Btock [.)r each of the Sub81ditilrlt-.
8hl111 ther'''\.lp(Hi be c:ull'elled
AHTICL}'; V I
Upon such rn.'rg('r b'-'comlng efteC'tl\'f', tht:
Survtv1nw Caq}OI'fltln!l Ahall bc[~ollH' reaponelbh~ Cor all
of the l1HhilitieR and obllgatiorlt4 of the Subsidiaries In
the ~Qrn(' manner' liB if tht' Surviving Carpol'aOan it8elf
had \ncurred theRt' lIabUitit'B find obllgl1tiontL The l1a.
hUitlc8 of thf' Suha\din.rieB 6hal1 not bt, affected nor shall
the rightB of credltol'f'i thereof or any perRon deaHng
with th~ Subeidiaril'H be impaired by thla merger, and
any cll!im ex18tini or action or proceeding pending by or
lliain8t the Subnldiilriea may be pl'ot~ecuted to judgment
an it' thiB merger' h.::ld not t(\ken pi",:I', or the Survlvini
Corporation may be proceeded against or 8ubetHuted in
He place, all aa provi(h'd in Chapter 608, Flor1dfi
Statutes, l06t, il9 amended.
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