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HomeMy WebLinkAbout0235 . , • • ~ . • , . . ; . • FIFTH: The manner of pay~ent for the outstanding share~s of capital stock of SCOTT MATTSON by the surviving corporation shall be as follows: - Upon the effective date of the merger each stockholder of SCOTT MATTSON shall be entitled to receive upon surrender to the surviving corporation of certificates representing shares of SCOTT MATTSON, ~13.00 for each such share of SCOTT MATTSON stock; provided however, that alI shares of SCOTT MATTSON owned by MELTREE on the effective date of the merger shall be cancelled and nothing shall be paid therefore. ~ SIXTH: Upon the effective date of inerger the separate existence of SCOTT MATTSON shall cease and the surviving corpora- { tion shall possess all rights, privileges, powers and franchises as well of a public nature as of a private nature, and be subject to all restrictions, disabilities and duties of each of said corporations so merged and all and singular, the rights, privileges, powers and franchises of each of said corporations, and all property, real, personal and mixed, and all debts due to any of said corporations on whatever account, as well for stock sub- scriptions as all other things in action or belonging to each ~ of said corporations shall be vested in the corporation; and ~ I ~ ~ aIl property rights, privileges, powers and franchises and all and every other interest shall be thereafter as effectually the . property of the corporation as they were of the several and _ ~ respective constituent corporations, and the title to any real estate, whether by deed or otherwise, under the laws of the State of Florida, vested in any of said corporations shall be preserved , . ~ ~ . ~ ~ i ~ ~Z'~' ~ 234 ~ i _ _ ' . ~=`v ~ s s x ~ _ . ' •-~r`~~'. ' 4 F ' . .-.'a~s^'~.~`~ .