Enter a name, company, place or keywords to search across this item. Then click "Search" (or hit Enter).
Collection: Original Records > Articles of Incorporation
Holbury International, Inc (AI-H082)(1972) (7 pages)

Copy the Page Text to the Clipboard

Show the Page Image

Show the Image Page Text


More Information About this Image

Get a Citation for Page or Image - Copy to the Clipboard

Go to the Previous Page (or Left Arrow key)

Go to the Next Page (or Right Arrow key)
Page: of 7

SIXTH: Before there can be a valid sale or transfer of
the shares of the corporation by any holder thereof, such holder
shall first offer said shares to the corporation and then to the
other holders of common shares in the following manner:
(a) Such offering sliavehotder shall deliver a notice in
writing by mail or otherwise to the Secretary of the corporation
stating the price, terms, and conditions of such proposed sale or
transfer, the number of shares to be sold or transferred, and his
4 intention to so sell or transfer such shares. Within ten (10)
days thereafter, the corporation shall have the prior right to
\ purchase such shares so offered at the price and on the terms and
conditions stated in the notice, provided, however, that the
corporation shall not at any time be permitted to purchase all of
its outstanding voting shares. Should the corporation fail to
purchase the shares at the expiration of the 10 day period, or
prior thereto decline to purchase the shares, the Secretary of the
corporation shall, within five days thereafter, mail or deliver to
each of the other shareholders of record a copy of the notice given
by the sharcholder to the Secretary. Such notice may be delivered
to the shareholders personally, or may be mailed to them at their
last known address as such address may appear on the books of the
corporation. Within 15 days after the mailing or delivering of the
copies of the orders to the shareholders, any such shareholder or .
shareholders desiring to acquire any part or all of the shares
referred to in the notice shall deliver by mail, or otherwise, to
the Secretary of the corporation a written offer or offers, expressed
to be acceptable immediately, to purchase a specified number of
Q.