That at a meeting of the stockholders of said corporation expressly called for the purpose of increasing its capital stock and providing for preferred stock and held at the office of said company on the .. day of ..

A. D. 19..., it was resolved, by a vote of three-fourths of the capital stock of said corporation, that the capital stock be increased from dollars to

dollars, and that the articles of association be so amended as to provide for preferred stock, and that the articles relating to capital stock be and the same are amended so as to read as follows, viz.:

dollars

The capital stock of the corporation hereby organized, is the sum of dollars, of which dollars shall be common stock, and .. shall be preferred stock. The preferred stock shall be subject to redemption at par on the ....

day of ..

A. D. 19..., and the holder shall be entitled to a dividend of per cent per annum, payable ...

which shall

be cumulative and payable before any dividend shall be set apart or paid on the common stock. The preferred stockholders shall .... be entitled to vote for directors.

is

The number of shares into which the capital stock is divided of the par value of ....

each.

.. dollars

We do further certify that the total amount of common stock, including such increase, subscribed is ...

The total amount of preferred stock subscribed is

dollars.

dollars.

The total amount of common stock, including such increase actually paid in, is the sum of which

paid in cash, and ...

.. dollars, of dollars of the increase has been

dollars has been paid in other property, an itemized description of which, with the value at which each item is taken, is as follows, viz.: ..

The amount of preferred stock actually paid in is the sum of .... dollars, of which

dollars of the increase has been paid in cash, and

dollars has been paid in other property, an itemized description of which, with the valuation at which each item is taken, is as follows, viz.: ..

It was further resolved by the same vote that the value of, and the price at which such increase of the capital shall be sub

scribed and paid for by the stockholders be fixed at dollars per share, and the time and manner of subscription and payment for such increased stock shall be as follows:.... and the directors of said corporation are authorized to sell, at not less than the price so fixed, any part of such increase not subscribed by the stockholders, after they have had a reasonable opportunity to make subscription of their proportionate shares thereof, and the directors may make provision for calling in and cancelling the old and issuing new certificates of stock. IN WITNESS WHEREOF, we hereunto sign our names this day of .... A. D. 19. . . .

President.

Secretary.

Majority of

Directors.

(Properly, but not necessarily, the certificate should be acknowledged.)

§406. Articles of Association.-Amendment Other Than Increase of Capital Stock.

CERTIFICATE OF AMENDMENT TO THE ARTICLES OF ASSOCIATION

of the

..Company.

We, the undersigned, being president and the secretary of the a corporation existing under the provisions of Act No. 232 of the Public Acts of 1903, do hereby certify, as required by section 17 of said act:

That at a meeting of the stockholders of said corporation expressly called for the purpose of amending its articles of association and held at the office of said day of

company on the A. D. 19..., it was received, by a vote of two-thirds of the

capital stock of said corporation, that Articles No.

... and of the articles of association be and the same are

amended so as to read as follows, viz.:

(Good practice suggests that the certificate be acknowledged by the executing officers, although the statute does not require acknowledgtment.) $407. Form of Resolution Amending Articles of Association. (Ovid Elevator Co. v. Sec'y of State, 90 Mich. 466-467.)

RESOLVED, That the articles of association of the Ovid Elevator Company be, and the same are hereby, amended with the consent and vote of all the stockholders, by changing the word "three" to "thirteen," in article 6, so that the same shall read as follows:

"Art. 6. The term of existence of this corporation is fixed at thirteen years from the date hereof."

RESOLVED, Further, That the president and secretary are hereby instructed to file in the proper offices, as required by law, a copy of this resolution, duly signed and certified by them.

$408. Form of Articles of Association.-Associations Not for Profit.

ARTICLES OF ASSOCIATION
of the

We, the undersigned, being of full age, and desiring to become incorporated under the provisions of Act No. 171, of the Public Acts of Michigan for 1903, entitled, "An act for the incorporation of associations not for pecuniary profit," do' hereby make, execute and adopt the following articles of association, to-wit:

ARTICLE I.

The name or title by which said corporation is to be known in law is,

ARTICLE II.

The purpose or purposes for which it is formed are as follows:

ARTICLE III.

The principal office or place of business shall be at

in the county of

at

ARTICLE IV.

The term of existence of this proposed corporation is fixed years from the date of these articles.

ARTICLE V.

The number of trustees or directors shall be...

ARTICLE VI.

The names of the trustees or directors selected for the first year of its existence are as follows:

ARTICLE VII.

The qualifications required of officers and members are as follows:

IN WITNESS WHEREOF, We, the parties hereby associating, have hereunto subscribed our names, this day

FORMS OF STATEMENT OF CORPORATE PURPOSES IN ARTICES OF ASSOCIATION ORGANIZED UNDER ACT 177 PUBLIC

ACTS OF 1903.

(These forms are taken from articles of association which have successfully passed the scrutiny of the Department of State.)

$409. Board of Trade.

Gladwin Board of Trade.

"To secure the co-operation of merchants, manufacturers and business men in building up and promoting the social, moral and business interests of its members, and to advance the welfare and growth of the city and the progress, extension and increase of its trade; to acquire the title to real and personal property, and to hold, sell, give, assign, transfer or lease the same to any factory, railway, street railway, or other enterprise; to promote or aid public celebrations, exhibitions, fairs, as may appear to be for the best interests of the city, and as this association may deem proper."

Alpena Chamber of Commerce.

"To develop, promote and enhance the civic commercial and industrial interests of the city of Alpena, and to extend and improve the social relations of its members."

$410. Home for Boys.

Boys' Home of Kalamazoo.

"The support, care and education of homeless and needy boys; and the promotion of their moral and material interests.

§411. Hospitals.

Bronson Hospital.

"For the purpose of furnishing hospital service, care and medical attendance to sick and disabled persons in the general manner that such services are rendered in hospitals not organized to care for contagious diseases, and not for pecuniary profit."

§412. Humane Societies.

Van Buren County Humane Society.

"The prevention of cruelty to children, animals, birds and fowls, and the inculcation of humane principles."

$413. Medical Societies.

The Tuscola County Medical Society.

"(1) For the association of the physicians of Tuscola County for mutual recognition, fellowship and co-operation; (2) For the acquisition and dissemination of knowledge per