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of the Corporatian further than shall be sufficient to pay
such preference shareholdera the anaunt paid upo~n their
respective sharea, plus all connnon stock and such holders of
p~ceference sharee shall not ba entitled to ehare any further
in the distribtuion of the property or assets of the Corporation.
The.Corporation may, at any .time ar~d from time to
time, redeem any nwnber or all of the preference shares on pay-
ment to the holders thereof the swn of One ($1.00) Dollar per
share plus a premium if deemed advisable by the Directors which
is not to exceed Ten (1096) percent of the par va lue of said
shares and upor~ payment of the said price plus all declared and
unpaid dividends thereon, all rights of the holders of such
shares shall cease. Z'he decision~as to which shares shall be
redeemed shall be made by the Directors of the Corporation and
they may, if they wish, decide to redeem all or any part of the
shares held by a particular shareholder, and all, any portion,
or none, of the shares held by the~other preference shareholders,
F. T'he Corporation may, at any time or times, purchase
for cancellation the whole or ariy part of the preference shares
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~ -outstanding at any price for which the said shares are obtainable
; by the Corporation, but such price shall not in any case exceed
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~ the price then payable upon redemption of such shares and from
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~ and after the date of any such purchase, the shares so purchased
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; shall be cancelled and retired, and the amount of the outstanding
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preference shares shall be reduced~accordinqly and such shares so .
~ purchased shall not be re-issued.
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i - G. The holders of the said preference shares shall not
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~ have any right of voting at any meetinq ~ the shareholders of the
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