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ABTICLE IX
The hi~hest amount of In3ebtednees or Liabilitq whiah th~s
Corporation can at any time sub~eet itself to shall be tKentq-fine
thousand (?25,000.00) ~Ollars~ provi~e9 that suoh in~ebtsness sha21
never be ~raate^ tha~ two-th3»3s (2/3) of the value of the property
owne3 by the Corporation.
A~TICI:~ X
This Corpo^ation shall have the Power to borrox money, aontract
3~hts wher. necessary for the transaction of its ~usiness or for the
e xercise of other corporate ri~hts, privileges or franchises or for
any othe~^ lawful purpose of its incorporation; to issue ~on3s,
Pro~isso-~y ~~otes, 3ILLS of SX6li~IIiSE~ DE?3Et:TU.3:.S, an3 oth°r obli~ations
an3 evi3enaes of In3ebte~ness payable at a specifie3 even~ or times,
whether secu^=3 by Mort~aGe, Ple3ge or Otherwise, or unsecu»ed foM
money borro~~re~ or in payment for pY`Op8!°ty purchase3 or acquire3 or any
other lawful ot,~~cts, provi~e3, however, that no such ins~rument of
~ °ncuT~r~r•ce shall be execute3 for any other purpose than for the purpose
of securin7 ~noney to buy lan3 for the purpose of the Cor~oration, or
for the cons~ruction or erection, alteration or ~^epairing of any
~uiZ~ing or Con~truction or 3quipment of the Co„po^ation an3 to
~
?er.~:~ally p„o~13e for such prima„y r~quirements as may seem expe3lent
( an3 h~lpful an3 such evi3snce of encuTbranee shall bea^ whatever name ~
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~ to be 3etermtne upon an9 may o~ may not bear interest at tha 31scr~tion
~ of this Corgoratloa. F
A~TICIE XI ~
i The amount in Va2ue of 8ea1 Estate which this Coraoration may ~
hol~ from time to time shall always bs sub~eat to the Approval of the
Circuit Ju~~e, an3 shall not exceed the value of Fifty Thousan~
t~5o,o00.00) Dollars.
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I~T 4~I~
:ySS ~H~3EOF~ the un~~rsisrne3 Inaorporato^s an3 f~embers
of this Co~~o~~ation have h~reunto set thetr han3s an3 seals, an3 30 €
hereby certify , make an3 file this Certificate of Ineorporatian, ~
3eclarin~ an9 certifying that the facts herei~ state9 a„e trpe. ~
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Date3 this 3ay of Novemher, A. D, 19~?. f
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