HomeMy WebLinkAbout5648 (c) To in~-~~:~~ it:: fur.:is ~c~~ stlai~~~s
oz• ot:~Gz• s~:.ur::`. =c~s r`' ::ot'c~~~r coY•~~~r~~tion, bu~i-
ness, oZ• u;i~~ r~..::ir.~ ~:i a~ovei~l'1^:t~.!1t'.~ ~over:i-
mentai nuthorit;; , 02 ; .~verr::::•~ntal ~ubdivision;
and
.
(f) To do wtlatever is d::e:nec'. neces•-
s~ry, uscf~:l, or conduciv~~ to c~i•ryin~ out ar~y
o, ~.h~ p:~,.~oses o~' the Cor.;~~an~? and to exerrise
all othc•-~~ ~:uthor' enjoyed by corpo,•ations gen-
erallti}~ b~~ •.~irtue of the provisions o'' the Ohio
General Co_;~~~•at°on L~~w.
FOUi
TH. The auti:~~rizec: nu.mber oi shares
of the Co:~:~any is ~,~OO,OOQ co:isistin~ of ~00,000 Serial
~~:•efe,-r~.d ;=izares wi ~nout par value ("Seria i Preferred
Shaz•es") ar.d S,OOO,C~O Cor.-L~r,or~ Shares tti~ithout par value.
Exore~s Terrns of Seri°1 PreFC•rred Shares
The Se~,ial Pre~ F~~ r~d Shares ma~r be issu~~d
from ti:r:e to tis:e in series . Each Serial Preferred Share
of any one series snall be identical witl~ eac' ~ther sha~ e
o~ the sar:e ser:e~ in all ?•espects, excc-~t a~ iu the date
fro~ :•rhich d~i~i ends tner .~i shali be c? .~zlat:ive; and all
Serial Pre~ erre: Snares o~ all series sr.all ran~c equally
and sr.all be ider.~' cal, e:-ceot that there may b~ varia-
tions ~.n ~~e~~ect o' the ~~~~iden~ rate, the d~te:~ of pay-
ment o~ div:dencs ~~d the dates fror~ which they are cumu-
la;ive, :.~ed~r~otior. rignts a~:c~ nrice, sinking fund requ ;re-
me:~ts, c ~~.~,rs;_on r~~hts, lic ~~ation price, and restr~ic-
~ tions on tl~.e ~~uance of shares of the same ser.~_e:~ or of
a~;~ o:iie~ c~as:_ o= SZ1'i~: . Suh~ect to t;r~e requi~- .~~nt
j that all . rial >~~e~nrrec, Shar a sha2:! be iden~'_c~...i in
~ 2 C~SDe_ ~ o~ vo~ir._, ri~nts an~ r' ~h~s of alterat~on of ex-
; pi•c:-s ~cer.as, the Bod~ d of Dire~ ~ors, without any further
~ ac~io:~ by t;~ na~ ehcidcNs, r~ay, at any tim.e and fror~
~ time to ti~ adop aT;end~:ient or amendm~:nts to these
~.nendeci tir' ~ of Ii~coroora ~ion, or adopt furthei
~ Ar.^,endzu ~~_.:_cle:; of Ir,co~poration, in respect o~ any
~ Ser~ •-,1 F~ ~ ~='z'ed Shares ~•:hich ccns ~itute unissued or
R tre su~~S• sha~ e~ at the ti^~.e of suc": adoption for the
~ pur_,os: of d~.~~~:iir.~ any c~- all o" such Serial Preierred
Shar~~: ~r.~o s:~c:^. ~eries a:- the Bo;,rd of Dir~~ctcr~ shall
~ dete~ ~ne a:. : f~ x the e.~pr~ss tcr:~s of an;~ such series
of Sc:ri~'. ~i•~~rer~~ed S'r.ares, cri:icn r.:ay inc~_ucie st~.te,:~ents
~ specifyin~3:
~ (i ~ L~v.• ~~~'i~1Q :~l~n~.:; :1~.'h .:~c:v be
~ c1Lwt:'_at-~--rn Or ncc-.- ...:ul~ ..ive, a sp~. .ifien
~ r:: ~e, a; :ca- or propa? .,-ton, :~ri ~:z or ~ri ~ho~at
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