◆ SpookStack

D. Purchase, acquire, own, hold, lease, sell, exchanges, mortgage, improve, develop, construct, maintain, equip, operate, and generally deal in any and all lands, dwelling houses, hotels, apartment houses, boarding houses, business blocks, office buildings, and other buildings of any kind, and the products and avails thereof, and any and ali other property of any and every description, real, personal, or mixed, whereso-— ever situated, including water and water rights. Ee. Acquire by purchase or toherwise the good will, business, property rights, franchises, and assets of every kind, with and without undertaking in vhole or in part the liabilities of any person, firn, association, or corporation, and to acquire any business as a going concern; to hold, maintain, and operate, or in any manner to dispose of the whole or any part of the good will, business rights and property so acquired; and to exercise all the powers necessary or convenient in or about management of such business. F. Buy, contract for, lease, and in other ways acquire, sell, hold, mortgage, and pledge patents, licenses, grants and concessions. G. Form, promote, suberribe to and assist financially companies, pertneeships and syndicates, and to give any guaranty in connection therewith. H. Make contracts for lawful purposes without limit as to amount, I. Borrow money, issue bonds, notes, et cetra. J. Tend money, and deal in shares, bonds and notes, K. Do everything suitable, proper and necessary for the accomplish- memt of any puppose and object enumerated, 1. Each of the above purposes are to be construed independently. ARTICIE IV. . The corporation is authorised to issus two classes of stock: - 1. One thousand shares of common stock of the par value of $250.00 per share. 2. Two hundred and fifty shares of preferred stock of the par value of $1,000.00 per share, earning an annual dividend of 3%, cumlative. The total value of all shares shall be $500,000.00 . Ae The common stock shall participate in the earnings of the corporation, The preferred staock is not entitied to participate in the earnings of the corpogation except as to the dividends stated.