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Page: of 7
posed of, as the total number of shares which he holds bears to
the total number of shares held by all of the shareholders desiring
to purchase shares in excess of those to which they are entitled
under such apportionment.
Ig none or only a part of the shares referred to in
said notice to the secretary is purchased as aforesaid, in
accordance with offers made within said twenty (20) day pericd,
the shareholder desiring to sell or transfer may dispose of all
shares of stock referred to in said notice to the secretary not
so purchased by other shareholders, to any person or persons he
may so desixe; provided, however, that he shall not sell or transfer
such shares at a lower prise ox on terms more favorable to the
purchaser or transferee than those apecified in said notice to
the secretary.
Any sale or transfer or purported sale or transfer, of
the shares of said corporation shall be null and void unless the
terms, conditions and provisions of this Article are strictly
observed and followed.
IN WITNESS WHEREOF, the undersigned and above-named
incorporators and first directors of this corporation have
executed these Articles of Incorporation on Mayo » 1966.
HUGH HARRIS
LYNN HARRIS
MALCOLM L. McCONNELL.