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Collection: Original Records > Articles of Incorporation
Jensen-Lindbloom Const. Co (AI-J025)(1973) (7 pages)

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FAIT. SWEENEY & BROOKLIER
ATTORNEYS AT LAW
6107 WAZEL AVENUL
ORANGEVALE CALIFOANIA 99047
1716) 488 Ao
shall deliver by mail, or Otherwise, to the Secretary of the
Gorporation a written offer or offers, expressed to be acceptable
immediately, to purchasa a specified number of such shares at the
price and on the terms stated in the notice. Each such offer shall
ba accompanied by the purchase price tharefor with authorization
to pay such price against delivery of the shares,
20 If tha total number of shares specified in the offers
to purchase exceeds the number of shares to be sold or transferradd,
each offerlag shareholder shail he entitled to purchase auch
proportion of auch shares as the number of shares of the gcoxrporation
which he holds bears te the tetal humber of shares held by all
the sharehelders desiring te purchase the shares,
3. If all the shares to he sold or transferred ara
not disposed of under such apportionment, eash sharcholder
desiring to purchase shares in a number in axcess of his
proportionate share, as provided above, shall be ontitled to
purchase such preportion of those sharas which remain thas
undisposed of, as the total number of shares which he holda bears
to tha total number of shares held by all of the shareholders
desiring to purchase shares in excess of those to which they are
antitled under such appointment.
4. If within said fifteen (15) day period, the offer or
offers to purchase aggregate less than the number of shares to ba
BO1la or transferred, the sharaholder dasiring to sell or transfex
such shares shall not be obligated to accept any such offer or
offexe and may @ispose of all of the shares referred te in hia.