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any otl~er legal way to acquire shares hereunder, and certificates thei•eof
shall be issued therefor as herein prescribed. A Trustee may at the sarrie
time be a cestui que trust.
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The shareholders shall not have the power to discharge a I
Trustee unless for obvious cause, such as breach of trust, but not for '
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( differences of opinion.
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i ARTICLE XII. - MEETINGS OF
SHAREHOLL'~:P.S
I Annual meetings of the shareholders, when required. for the
approval of Trustees elected by the Trustees, shall be held at Springfield or
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Wilbraham, Massachusetts, on the fourth Tuesday of June in each year, ~ i
~ immediately following the annual meeting of the Trustees. ~
I Special meetings of the shareholders may be called at any
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~ time by the President or by a majority of the Trustees. At all meetings of
~ the shareholders each holder of shares shall Ue entitled to one vote for each
~ share held by him and absent shareholders may vote by proxy. '
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At any meeting of the shareholders so held a majority of the
shares issued and outstanding, represented in person or by ~roxy, shall
constitute a quorum for the transaction of business, provided tliat nu less than
~ two shareholders shall be personally present. ~ ~
~ No notice of any annual or special meeting of the shareholder
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~ shall be required, provided all of the registered holders of shar~s are i
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~ ~~i•c;sent, either in person or by proxy, or if those not so pres~nt siiall sign '
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~ and deposit with the Secretary a writing waiving all noti.:c of the time,
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~ ~ place and purpose of such meeting. ~ !
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~ - 13 - gooK 171 PACE 400 }
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