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PLAh ANp AGREEtENT OF MERGFR
PLAIV AND ACREE2~I~1T OF MERGER, dated ae of November 9, 1977 (herein t
called "thie Agreement") betveen Investors Syndica[e of America, Inc., a
Minneaota corporation (herein called "Company" or "the Ccw;.a:.;"), and
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Investors Certificate Company of Delavare; Inc., a Delavare corporation~ _
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(herein called "ISA Delavare" and sometimes referred to as "the survi-
vinq corporation"), said corporationa being hereinafter sometimes
collectively called the "constituen[ corporationa". ~
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The authorized capital stock of the Cocapany conelete of 150,000 ahares of
Common Stock, par value S100.00 per share, of vhich 150,000 sharea have ,
been duly issued aad are outstandinR ~e of the date hereof.
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; ~SA Delavare..Inc. has outa[andinR, as of the date hereof, 100 ahares of
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: Common Stock, all of ~hich are ocmed of record and beneficially by the
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~ Company and each of vhich is entitled to one vote.
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~ The registered office of the Company ie located at IDS Tover, 80 South
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~ Eighth Street, City of `tinneapolis, County of ltennepin, State of Ninnesota
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~ 55402.
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~ The re~istered offlce of IS.~ Delaware is located at 100 6test Tenth Street,
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F City of Wilmington. County of ;~ew Castle, Stace of Uelaware.
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