COMMERCIAL LAW CECE The Sedan Red Bash 12 wn cnt het wth in in ad cn shale 2 ‘rooje ended resus by cre’ we ey en ie p of ‘Sve! oaptts goer seroaf any oes 4 COU) \VL-THE WARSAW CONVENTION watts the Mart Conveion? ‘uate Waren Converon i apremest ang sven ctctes easing the rpisson n't yim tr ofa cry eter tparaten br mnepc oth Goss ined uch Capers ad tine boony othe caver use ged on oben Waeaw, Pe, is ean Coren ape? Sone Comer halen tn Panton 8 Arespenatn ond © Garage of paseo, appeals, Wat are te other intancas whan the Wars Convection shoul $6 mane a IGT Wc sa 0 apply oes event ecg venation by ‘oat perm by ona areponaien amram Tha Catone aes ‘eeeni a raraporaton ty gl eos aretied oor ue ow 9 Hy coneting Poses LIMITATION OF LABILITY (ave 22, Ata AC, Bid) Aebtoessnaec, hres ten om Uno te car agit paeeane 1ANS" General Rae e 380090 tones gee passenger Hower, an exci is ‘nas bono genes toa hgh me pny oo crt forme esa Towave cope cate of apc pmanineeos sauna hand-caed IRE Sed ester paeer 16 un Bes alee oe 2013 CENTRALIZED BAR OPERATIONS TE amt ee ne eee Tee ee cays cr aes Smee base haere SES Tess ces araae mas Eagiesoorle Rea ae mene See Heisei oe ed “ORPORATION CODE smege wa cased bythe wl |. CORPORATION, DEFINED Grint corporation? nS h copes sr atic ing cela by pean aw hag eet (i avcnnn,nd te pwn tena Pera expres suPoraes By Soreeentiote ener (See 2 Caeraon aan 2 Var attain of corporation? Audie ats ote cape ACS?) Phngtica tangas Sn panory Cerner ogra SER tre wi nt ato CLASSIFICATION OF CORPORATIONS. Wat te cinaentn of corporations under neorpeain Code? Sade Sopotanns we abr Casta ae ChaBggenoaatcn 6) nom oat Conoion aay Watts tek corporation? < Beiter SENS R RNB oom een : SMe a eesti getaiee Sen rmticeare a ace Gynt ar eta casitcatons of corbordane? |, Pe y pro pson lon own Sas ”COMMERCIAL LAW KEK The Bedan Bed Beat ee oo Seems Se ae signees Sreramesan marcees See acre, rec aaa ees Lee erm oes Ss SRE RENE rancor Pee eestor “PEE nc Se twat som Boueones sane Ea deccmsm a antamenate Eaoeuee EEE omen cans raver Saar ota ae are Saae coco wasn aaa stun yet ~ 0040 of pesos atau ac at See arte eine arent corel be bert dry ts tne tn cho cnr ld ie Eee bed ner supe See aoe nem masienae, Sra seamaster SEES Se ant et tere ne «Papa scree emew wear epee saree mamrarncee 5 (Git hho corporate to co Burnes ton CDUy oF SICUBEL eben means fat nea ors snc grep et #8 Coan “fi ebro ant ae esa by ae ft oe purr an Ce oe ne Boao an rma, Saber “fore wc raged rather caprmion NpethgniySt ft ano ace Sec sey : by anaguom eae fs popes oe ” an Bens Cae La 2013 CENTRALIZED BAR OPERATIONS Bam sot Sibedary coporen = oan a coon nes. 2 ‘cating real iia ene sr copron eon hag ‘Sat te pret coporton, athe thew av Ue Say naceonbe dlpencs abe sompestiat ‘asa ” scopes ig fm an oe 1 Gonaaton ase, caperan contin of any on pan ot ‘otter Una S000 eth Copan Con, he pepe ot Seo'crcbw posing Seo aoa wigs Setomton 0 MP Gano coproon oe ran for ge pape oF | apron nora a ren Sa pow has superb cna « Gibenpontan om alah bonrasor pest IN NATIONALITY OF CORPORATIONS ‘& Wace pac ot reorpornon xt? ‘Rus oe freon ots he arly of a wae to ‘Sipomon nero abl be ster te coon ®8.conrot rest ‘Synth coo te ugha carte at tn ratio ctporton eerie by eratconty one caring sesrhace or Mera Sus ate 2 pes nen of eho known a Evatt rman re? eae ccc tn ‘iret etsy of ne cep sierce s naners RAS ‘Spor ine ofa) 9COMMERCIAL LAW EEE The Bedan Red Bash IV. CORPORATE JURIDICAL PERSONALITY [A DOCTRINE OF SEPARATE JURDICAL PERSONALITY ‘iat athe dct f wpa rial person? [ANED A eapraten glo ta prc wt 8 ry seer ‘Sutton erat scooter armas an many ate oy SBS ey 6 series inCreate Wo Poor ee oot od cme {Sint isthe tasty os corporat ott? [ANS conan ate wpnone a a= commited by 2 fet ‘en tae’ waren Srcton er aon afb statoace or mendes ‘ing at a bah oh erway. fom ha tna ba goromg bey MS RGANS ty te iar 2: con a crporaten be ald rina abi ‘AN3: No. Sen a coperaton jar ge Neb. caret ba ha aia or 3 Sire serra’ econ sce # deena nn ae rales EXCEPT f'bywxpeas roan ow fe a ry Law eH Maney Leung A corto ha nay ate ath a a ‘See en age ora Pop To rong & ho sabe lt te fr te crn! sts dene on bab of # STi ic oe cretion may lai ti tt tice Ste crpomten can bets iraty bcs ot arr en rbot Sneconte oy ha se Be he ave a cma aby, en ‘Ghiy a ces by tm tow vb uray me he ataret i ontd (Se Peon a Pps Ne -SH6 Ne 1 at cana st TAsSC8N «Come hea GF he on recovers mor! dandoee? "jae tepaatce ou cee, rang nt "aati he Stn Rag Sun Bos Caley Cs 2013 CENTRALIZED BAR OPERATIONS DOCTRINE OF PIERCING THE CORPORATE VEIL ‘Q.vnatts tm docten of pring te carer val? ‘ues cinco i ga ey det om he persons flnecung ha aay vouaene tr surpore eonemere sa ave Seat bate But wer hw velo erme Nao snes ar oc Cleat bic orwerre ty wong sing na rand stra eee tal depmand an sauce conocaa wt be rene Kersaly (one atsay Aat Rat. 9 66) puna fo aotenton ot een Stream corporat rns? st) tat te Comore (js wong (] pet ra oe) dene we ik ton ‘hab drguded moe Raine someone wlse Peta ooo. Galtabgy eaten eng carport et Tvs cass- te vl spl ara paronaiy may eed wh ‘cn preniy ord ted pte sorenanen, ny wore, reac ‘mn craven cin ada shed cone fe gra oss ‘ruta he cxanon ery ssn susan nora a {ie eanamer capone tun cen ne coparion wl te ‘Eran en's rr seston of ports. To babi nt ey Stockton sto oe the cer ception (Shinn aed eneroen yp Som Everence GF 182, cur 206). Ble Eo oie or Corot Cnr) = be corer cy ig ea Steps omancre oso ton Ou spon sy ty ina, Phaze Carre aw 8) «.Euly Caoes wher prong bo spo fon 6 nessa to coe Fateh or sty ne sumpng grr” wou no Pm or aie o92 ‘meres cab culo sean Seen 1 nat ar tesla te be conired in rud cane? o iin son ats ee ell pcre Seovenn ane i «The coor ay as toon us it great oe a NTs saan ort Sta arve de inka: 2: canyou gh on atares wae ha Aa go Date a ‘Gre re rg a see ea [nei cnourp scsi conan, mene. Powe part OEE ‘Bie we na tne oregkras relom. a sitiigye seurte etree Erik er ane sae ‘oadry wo coed © eve oui et pvt, Fropee Copanie Lew anpanim ted) ne secon he SepCOMMERCIAL LAW KEK The dan Red Bosh out enumerate chcurtaoas whch uae fm clornton of Sane anaarystcta:nere tetany ite pate corprion {:ynatara na robe factor conden in arog cates? doa. aunra by one cmon ounantio toh canerans 1 ony fdr nd ocr & Thamaima tha carpet book nda an {ie canine ess Foot Bas fe. MLR. Pb ‘stan hy 25,1980, G Whate he orumantty Rule? ‘ANE Whar cw cameron a0 gurrn an cooled a sas ae ‘Socased so atts ft & ren atm 9 aa oe ah Po ‘ehelte copia my tasty yo coords ateyersenmr oe ame mt es Sperm perk are ane CHa a emraeemr SESS eee a a orc Maja, 362 SCRA 738) meni Seamer eta ett png nae Ress fee soem OS RS Mma dens th sion (86 RE. aay, 42 SRA, Testing octet ‘Gina oe te tne dation wheter the corporate al hal te Beees? TERE eyo te wom ot Sean at ae Sr oe eee meanyeee mn cS sua se aS om te anaes a cera eames meena 1 BE i v.innborFORATION AND ORGANIZATION rrr | } ar dn : H F Soe Sige oon oS ar wt meat mee ety pi be pom by & ‘Scheer tistoer jes cobain pay octane one Daoist to ampenze he copaaion sxnng fo greece oar 2 Su Bee Coley ot Leo 2013 CENTRALIZED BAR OPERATIONS cron bacon rare thas bee cain xen. Tis "Pomncaaion vines tr fee An captor iharton eur pd one ecm ey be ‘Shladn crn poche aeeogmrtepemay da Spin “Tosoch ober parans wo stig a a for acopacalon nwo canon [olf un De cape ra sospy tw poor et pours tet Bt ‘Shere nous Comptes of doses Sole pars, ary of empacn fx aometes contacts, ati fay ts corporis tx promoter? Sea onrecs by ha porter rant intone ropound comorten {nea Oreony in sins and he etn of eproarner, ada ‘Sncporton, urate rt afr taco cance ofc, etsy © Rove, by & Sead of Diaconate (Sapnen Fang Dreher 3. Ie Site 1 ocr Yn Barn to ee ten BNRE tape Cana sent aS TT an moreno ayaa ean (5) Tereemertgicn slrmemtgimsaen es ae ».Far cous Septet, To ane of Incrcation mut oe that af i erigegunerotene ctaresanmerasrtoeten See creinriamtaean Fa eg Coco Foor (5) pros, nowmre, bat Re mumbo ef sie ae) Sa 108 Conerton Cat vom ar tne gasitcatonsotncarperor? Signe ftoneg ame sur oan” "Atal ge ‘ LEED comm es se err stare arr oe 1) reel he cabo oe ston {Bae fe Copan Coe) $ €. coRPonATE NAME - TATIONS OX USE OF CORPERATE NAME ‘Wt nw Emtaton tue of he orporte c Sus No ccroin ae maybe sowed he Saris sega ‘Staten enting Spoon ro ary Se ane sy jretacoe ON © cv eager nage n BeCOMMERCIAL LAW EK EK The Badan Red Bash 2. conponare rena Sua" copra sot goes eh et Gate of icrpamon ens seer Sasated sessed gota woes {ee 51 Eopenten Coa Gen the coreraa tm banded? Wt te pt of extention? ‘Aust comcast cpa saan aren of weeny be ‘and fer parts rol exenng y(t) are any stg ae on ‘Tat enmaan canbe mse See’ han re yy perso oe zBeaciet ey dump) unae nere te hile Means fs et ‘Stoo say fo attire by Se Secon a Senge Conary tre intr of tg Iso wr natn Serie tha shy ee ‘orion Sve 11 open at MINIMUM CAPITAL STOCK AND SUBSCRIPTION REQUIREMENTS ipa enemas? Fee, Sy mrum aubotzed cpte sek apt ot even wc bona ory sew ae ahs iba poo of ta sony scion fese''2 Coporen Cx) 2 Dome Sas 12 my that har balay ne mim ator call flock posed Conon ose? ‘ANS! ho, Resto povsrs Se 13, west flown secon What ete egies uc capa! tock? es: Aert enn ae yt aed a ck a san oe eee te no "soopraon See ya the rumarat vale forthe minimum autora, suberoed and up cat wo fede csre norms 5 fen Boe alee oa 2013 CENTRALIZED BAR OPERATIONS & Ftesen ans te Sue {Benn he srpmton ane sexta (Goverment cf Phivne fund nar aoa Conpary GA Ne S08 sy 9 192). vat ar tne rt contact nu data St tn be tp In Sn The wean enc fon ono erally of cares sn a ‘SS can ony anabon or aancrart tt mace ba oc on Siti econ of he Ate of norpraon? ‘Ane: Apurtens oestriol ew) Socios ne ‘tehange Cormac sect apersice ny of Poti ree 2) ‘gets at nobus ecto ose ry apo never) 2 Tho nua th caeroton BT wet popure oF purposes be win he coporson ong ‘opted Uue's erator nov ian one Soa pups, Te ce of temrtin sale wh by one td eh Theater the gripe ote cmperaon bw stad whch ‘retar own ne prensa Tha hr arate buses, woe sat ree ese tan (5) 01 ‘eaumas’aretie andreas pron wo slat rk or ySier be eer joes ve ow yeaah oe Seer a se pro Ss ep 5. regres, Segoe eer onraes Pee ee on eee SE Sean ere ‘Scr her ers are rt neste wih aw andi he gr Cb mnckere enya IRS The Serie wd change Cormega ‘eaernton ory tx poten sass io nbuonc ether cect away et te ey foe GE) 85COMMERCIALLAW RQ OK The Beda Bed Bash como te auton capa sock fe caper as ba sci ‘Tew! teeny (258) hw el aaclcy hap bo ay ea ein cama opry ea wuaton oh neat is any ‘re (2h pment fe sa iter such pa capa ba el an ‘Netreverd (5000 pees fae Capuron Go) : You hve bean anes t incorporate new company to be cad FS ‘Sevings't Moriuge Bank ine Lith davon thet You mast sone fe Secaten an behane Comin, (et) wantin terns ‘Reanacoouarts tbe srt bs Senin te ray ‘ou Repalon Stee: (Bar Samal Quaton wth epee anor an ‘sea Eimer Soators yb tw Conrad Pope Armndioat ‘Stow asthe Aries of ncrporaton sanded? Ii Gn dtr prey Cer epiatin gi Sani suee eer sasei see aes sWorng povtone oon elas ee i) We montars Yt oes ronsca spon ‘ een bes ogra tet psn Sect an a spray Sacre a cate Tg nth tld Conmc #t yen Bene Coleg Hae 2013 CENTRALIZED BAR OPERATIONS cd un itn 8) mont tt tng kr mau la ‘Stnecoparton (Se 16 Conanson Coe Moncamandela toe "She at hosel ters {ames o npr 2 Hing o orporirg drcoratstes 2 fits one agra sonata te cntl steko eoorton ae al a Te peouerirnateetedty ba rprl becrer: {Mert vo create napa seo tron cote: 1 fincen ace aceowagamet rc (5 Opmon Ja 88 {REGISTRATION AND ISSUANCE OF CERTINCATE OF INCORPORATION ‘Livmen shat corporat existance communce? ‘ANS" pam exporter rma sr argues ud hi Coes commence Shean te Sear aed Exchege armienon nuee © artic of Peoporion’ er te ‘fesse ora trpon "coor Soctcunsinaraer tn tnt natn sa tune toy poe a ‘Soria rt noma es aes lepton he poco Sermorond eran irises pete onndoihe apoton soe! soe asomcnce wha (S13 Cuper Coa), a ns 9 cameron fr te al unr re rine opson of cnt pascoe no age tae [Eaten wrens wees alo aang hanes rnc (2: can a comornon at dase tack ty SS ee ea sonny (bee doe Yonah and mecesny anes give of Sch Bon ‘rn cpa eo hl Py te recs tra opens arg n Sec 40 ta Chrporten Cos Sais htt ts 1 oe Gh ne Poop 8, vinnie te aactotick otbyewe & 8 ‘, ‘ENS: Ai ha wry sy tlre bet by ote. Seren Ee eee ee Se Siiymacroan meena tga cone rn ret can a ey ”COMMERCIAL LAW REE he Badan Red Book ANS: Atos &f croton. Byam ate stare 1 the anes of Srna an a Copsaee Gls tate ce hatred oan tr adept bye? ANS: depends when te by-aw are ee ‘fis acs PIG epee we mut be sn an ‘Sere alt inna an lath BES geek PS Bisa copoms TEA sop ore lg AFTER nepoton (ch mus ba tin or si eng tons sec a rans Sissy mre ay ero oy a abt {ear sig by th sacri of th copra a eed wih 8 SEC och Sates NS BS ih ere pecs (SH Capoten ‘nga of ae ers What rsh outs va byw? ‘ANS: Te tang Se te wan itt mts cormey toma an pepo & Matting oats an cones, it itn pein et rcpt ton crater van char ras trp: re et reason attra _ Soares meena tee oder a oun tw wan nie ican ofa fering deauestonprovaion Is valunaer te Corporation Ce of a a ) Su Bee catego Le0 2013 CENTRALIZED BAR OPERATIONS. inten eee She" hetonag aetna fos oyawe «thy twee atc aveen eben has {tha case pungent Oy how he aos fhe pine bya yt er bom tons rng wth er flaws treats scaly reat fe rvs fe cos So 2 a alte (Caponn Cot Paves vn (feared ane mat or oh Hem une un ey rae 1 Sonam enone we ta rn by ow a st Ate id panos Thy ae vet bond how he yw nae hy ‘ove mse acetone tne Bung Coan CA, OF Notre toes 25057 Ara pervone absolut not bound corpraion's by awe? i ary bylaws ner earascnorn on rae at me at (cgsnsrctrmt ofr ae hea pesare re coca. enor, = Nea ‘worm one ewe my anes arse he byams Soh coer, Minton aoe Shanese, es bara ery (Se ocr Copan Ga ef Se Pape: 5c Sea tt Be yn amansec? Seneca aera aan Fee mata tet Tangy ices an ts ae SS Ae ae aa Pema Sats een ee ag a ae MESeR ay Gusyonees eea tare or Soeecer : acetate taco amnetcsnse o Base Ses gc atey nag 28 rm neg me A core ae pated kecencae ps phere matey roe SO richer cece hy Satan oer er ae a ee aap eae geanersene Seton crac Fs soo age sa eokig ek Barton Cae : 3 ae tata knd stearate Bide Sioung ie saeenceapase pa AEA He Bombe transys corre Cn a cher ‘Vl. CORPORATE POWERS. 7COMMERCIALLAW COCK The Bean Bed Book tort — ona at et oe ae at tp neat an be ee hoc Be waa of ‘A GEWERAL POWERS, THEORY OF GENERAL CAPACITY Bass far sack onortone: ns ai tl eae W abestbet nt Pa Soa Revenant epee samen i (Lo ambien enti rover and far pln fr 0 ovat Texestedtesng enor Tolima tenn donatons fr punt waa, tena, arin, ura cle, ear Pups, pond et dona adn ste cry ara ian pty omc ow recs cay ot pap ‘sot and ect erp sat oanend ts tciesct ncn feta Bors {8 SPECIFIC POWERS, THEORY OF SPECIFIC CAPACITY ieegeeree enaemncr ‘hat eserves each tater men ear mal pow ane kin morgen crmetgeersienaon Sry reece eee aa Bion folders who de not want to extend of af earien i peas te (S907, - en Bens Categeot Low 2013 CENTRALIZED BAR OPERATIONS Ste ee rags 20212 «Fro nti ftie tte Dogo epee of cope he ap ak ‘ngeatng ‘et a pea © mean, Saeed each ost: mtu mac her malo posal ema aX catonn We dupont sgned by ory fw Sere of th ‘operon crstsams 6) Pe rman ars Se seca ot De 1 Be sea ta ara mat pote a Fest Be caro wb SE and yah cpl sek eae nto el Bk onaaa fan a Caparon oe Wht Rode atindome se wr ay fine trae ato hers’ ces” neon & ‘wn donner cos bhai (Se: 38 Caer Coe). ‘aes: Be Enpve Rah te tetera gh of soles uaa Smee aupton of shace fay dose gegen for eet Sarldngs (Au, Pope Crane mo Tettad pS gamavsanmcinzrermaren | Pe afl Serrarerec meee tt ees be eee Sens, 9: When can he eorpraon yt preamps Hoh sade (ner oan Seen be seed caney wit re Faun) Bk tego mina ‘ect omar ty gate 1 oer nat apy sos at ong rote by ate ‘wre ty ated emer at ate sare 1COMMERCIAL LAW EKO The Badan Red Bach Shr isued goed i im etange for popry need for copra «Sts sued guar of proveuy certs date § mene me ee da he eso nop ae tbe rte sao (5: frome opens copes Any dasring toxin that nave opto arcane apa ee 1. Th vote of the malty of he tostns In fice wl ba ate (hetauin tro cretion arta any erscton ater See 5a hacave sf tenstact epatone whats free Pome ssthtng toe fee 10, Comerton Ca). Beare eet caution wut bo sors westoty he fee aan NCAPELE of xing bw no ecard mens mes puoreoneaes fen Bean Cote a0 2013 CENTRALIZED BAR OPERATIONS 1 Te ort congas nbiucass the copra, wg cu of rl ‘cabmapuon n't elmunny ode od to pochoen docu sare «Toa denn o wtetning scans {Te anare tony care Aerts pris dir ta soos ‘sf Sie Cope en Ss dot 8 mano 2: What are the condone bare the componton car asgute ts ove hates cata a rotinearee 8, atte ara ingerns ot proper corse purse © Teather anatte uvadcne wales coring, STE Retapen ae gon pment « TaING Soe eopain aes wort oma nv orn und arte corporat obsess SP iler serpent nee Paver ten crs re nar Rar ante corarza fs may te esa! Insta conan or ‘5oyET rast be aon tous wumotind sez popes oe ‘rut rer coma nthe rogsromans of Sex 42, swvesinent of nes elas {at ony outer foray Bt sea eveston ! prery oe corer {iaaaci taper sss nem inven a os 2 Tat he ery pony ad by th company an eating mieontucta ORNS, conta nai mt of es Siig Pevien wens ae aaa rai orian ae ua « Conpirso wn bu eauronent of See 2 VAauho,Pigene Capers tr tampanan 207 p28 at anor ram rot pe Ste phate nce ca ae ae Th acon must be mate ata mestng uy allies supose: e 3COMMERCIAL LAW EEK [NS Ary awrng cht at Nev ara fo tesa ti be ‘posed oa mcf wc sna bg pamane wan bent n ‘hom (See Caran Cade Sa corpora gage bunt at eumenta ns prpane [StS & comer o olowed 1 engage a budras cast ose {eT ecn Hower tk toe tau tte tenet by he cope ‘eanoramly necesey ic accompa hy rinary purpose 08 waed M AD, moe (Src epee 2. pn nna in acer cron aque he ateton ‘Be Pet enrol con y e 2Ta ee ay ‘Sear aot ne ob en paren Se incone. 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Coperaton Coe Snset Fos are Scns Fy wd gaa etd tra ee roby oe Be by cos pon na meee ae ind coe ctu pay See aaa a, Tinos on cae on pepe ou Of fringe heeopotion 9 ‘an Bib Eaeg of Le 2013 CENTRALIZED BAR OF ERATIONS ‘Sona eo (ath «ope an = dang ch owe be ssa pen 1 Congo Dien" tan whch party ath a pry 1S mt tesco Seen Ventana ayes ° att sas ones ard aries tay icon pros oe sii Sarees EoSen ema mmcycmgcenimmrs Sa eee ee er weno ae arn 9 rea em tach ey ere, ‘Rush's ganna scp poms seats of 10% oF tae plo ata ‘oak creo ati! by Be porn nig Socroton eh end Toso Fata: hone, bors a sores exaglore whe ha espero roan See int cn bo cary shown ht ch ens . ‘oclorssaca reso f ohe rome ‘han ne srpanaon poe’ any kn apeenent th ary fori eater tor ham Sosa sen wba tae {Sra rd uch coat are obo «nen eis oy an copor axursen nls ageoved by he (oa efor (Se #0, Coporton Ca) = ‘ovat ones managment conact ‘Sivariea ranagenertsoroaee™ oi A Sin Wangan Coes = ay conn erty 3 caperten unas © Imnage or pene sto tony at ste tress evar eoparten, ‘Tron sah treme ae cata sonca sntocm, arseng asters ‘Shawne (Sc te, Copaason ae = sorecrmmmeene americas pa eeertee L t 95COMMERCIAL LAW @EKRK The Badan Red Bash {Gite th tam fhe managamant contac? ‘ANG! The prod mt et be gu hn 5 yor ay 1 excep ona ‘ear esas tet ray stares spew rey to oe OY arteries autor See 6 Caperaon Coan YP MSMS DY {vat arene equrmerts of# management cutee? ‘axa equtannt es maragomat Cra! teow ogo tf te rn cate e ‘apt oct oa mare of SON be raagmg and be managed {Bierce ata ren saa prone «.Roprratby bnecenssor: cw RANGED corporation oon ot Isat 20 atte meer ine caentlscansicscrponsor, ‘neat an tw mragns copes cw sal mre an {Ft ls costar Spl sarees soot he mas itor mage of he menbers of he tat of sera apne A cre may ne marr Coa Can the managomant contract age the ate conrl ovr al fcre SecSeinese af rcorportin to ancart fe otoan wn Coone oa capanson adn be Saw cnt Se. SARME Sle vee et fan An tt conte! as he cet or whch a copa i rant ws sn hm ees coe os 96 2013 CENTRALIZED BAR OPERATIONS ‘G Whatore te afte ofan lr vires 2c? ty Emon concen afrcart even tat thr ety ld ‘pe oocae Bo mad Pat ay ee to rl ero roy cones apart aeread WA Ue es — he pele sa thats poner of corporation Intes th Artes of ‘erent poner cg bows ey ens in uh poe bat ‘re oygnera soni en othe potted cased ge Tue gh fe res ncstton gry be copra tsa pe. sch rutoe sates ts potting cr dasare fo by aw Yamane apo Sn oe, Oambr #5708). unesrarnates Rear otter exec the omer the orparton? ‘ana how see poss os conuntiensruretes ear Caperatan anu nao aes 2 he lus cap ex ood ‘im surechns tae shen na sos ee soorton sot ha ‘osname crates arto sete ete crete po (Sourde tctng aan T's asm row a Fund Sec gatralatarnasy ome generic ‘Steaniiy af sarorate assets 0 iestren of obo frds nator nat a the rey ofthe tethers ‘hoboudot aieecrs? 2) ‘econ ay, win fry ae sete cn uso teh eh oem eat Satorcd sjbera hwy nd daner pret rhs (Sa 28 ‘Span g 1 Troe sama ctaos naan ae ne et ‘Ssuaon of share of sche chest need poral tthe sexo (Dao ‘Ee eit ho Labs day 16007)" 7COMMERCIAL LAW QECAKK The Bedan Red Tosh eth Board ct Directors Saas power by he Board of Drains? ‘Ans Uites eBerwtee oth tha Code” bacon fowers of a ‘Sporn ted! unde Bis Co sale enero, bn facet Sat gropry of ach copartens by be nee Scr wanes (Ses ‘Soper Coe! ee inate the conaaguares an te {ANS"A coprton ough he oad of rao, nade mt nh mre and ‘nie mani, fy pres a chara coy ho ger Tas ew att a Baap mt mawing ced ptt Str woe Senators blows, cera ny soz iene say oe ented oy Seren do Stat ope Ray Pod, ho Te, mh acta on Sod faa, ug mang th ot {Ser reaormens ss rr tw oe to Ager apiece ea on wot te gw Tore croc Rasa ag me. Sree iy Be emporshons amen cous of conic aes Realy arch, ih” ‘Beste onicars Centr corporation dag te corporte powers tos fcr? fern a rd wb beta eae ceo Pay ‘sles see of fe ntons oad powers alcas. stags et Soamted ot usr Venue HR. We 998 on a 2 What th saute of theater of one ofthe copra Kase iar ny hat unstes apa! sack ot he capraon est Ht te eaten wich he sadson tv craton may ot sp fee tte unpd rcp pf dete eat gr econ Jncenawout nea snd anmings the serous tee cpt soc fon ar 98 an Bede Eee ot a 2013 CENTRALIZED BAR OPERATIONS yar swansea te compare pepe) alot cass ad {vn the expos tthe Trust Fund Doctne? Sih aca dato commen a Pe ce Purchoue of Redeeralo shores by ‘he coboaton regards of e Benoien errant coon tre pare ote epprate row af scnocers sha (S62 1 Exton Cah Vil, BOARD OF DIRECTORS AND TRUSTEES. ‘A DOCTRINE OF CENTRALIZED MANAGEMENT [Bure () caporte pomrs 0 he comornion shal be exercised. (2 a EiShaeconiond snd} opery osc caperten ces ard toc By {hota o recto arte S23 Caper Cos) fitin artnet nS ef Sept Ste, rs Vine Rentengdeagnec one stance ormenbe' snare, Pains ‘Son iw ¥0 on 220 uence afi eee emeemeeeteeen spear e ay Subsresmcnano aru SEER Sia e ce coponn bse paras Oo OF Management Siomiko eae ee Sheth ed tease te Pe oc a Bie inst ae iietee Dproes gue es mda aint free craig baa ec Sra an he prsion fr Raaty & Bow Oma Pgh oreo, OF Novica lamar 18200, ‘2. ner ianes hon cremate pom can Aprerci Whee he Sowing wen teas 2 {Sf cao clan ecve Cone quaarore Sintered ane ear oS taea tu sced mamgn sot cporton, th spect ln Sic amserCOMMERCIAL LAW COREE The Badan Red Beak Tom nmber ef Sco tb snc se nating {What are ne rues 0 the Elton of Deaton Trae: ‘ENS ewig tet nse aly moving nactoder of memans cals fr he acm ot 102 ‘an Beds Caegt ot Lew 2013 CENTRALIZED BAR OPERATIONS. ‘As No, Cneaty tment cranes clscton of ‘ave prea Sa" non ing chao da ecg ‘Sri mtr ae goog orb ae pao See 8 own ho oh) ‘econ cara (AASIN0) 1 erento ai fpr: 1 poton ns wmarentt oye foe mace, ctor, rergoge pledge oF cw aapouon cf a or Sat Soiecwroa pean 1 one acoso cnt soos 1 lope emcratin te crpenton wth anh comers Peete of capo ‘ent in sonar coporsar er buenas nt tars ttre gcd of oir ahs? ‘Rua loose tars ao rotrave og the ‘Th tae nay bo oped wg resco tose asd os (pean er Taconite tne utes ohewse Wood by He ‘SEparaton Cas fee Conmton Com € Remy avr vara os fg a hy oman «Het of sock dare nue by he bar of Saco rp cen eat wed ee tpn ty Kratos a ek tare ta hia rane erage he sok ey so ma ty ee Senna armen, Be gsaeatos ona pang! wr eon ‘at ton erin Shy ace ‘poros arom fn noc Irn cr byw sa pone fee 2 ‘rnc recone Comore). ‘SPR me quorum equ whan har a wen ot a o BEL scare game gr nd emo seen e-nevovAL aa a SE Tye reno era 103COMMERCIALLAW COKE The Bedan Red Book Reon sms ae oc a apr reac ng cle The aoc Patan can ty 0 amv yt sake ‘oar ew oho sean ants 9 20 ae «Tromelin! sau may NOt cued 1 doen ony ‘an oan ab agi el penn ey may There no tt ote care sn Ses 28h act i ‘sur et) Ctr cae ha Boas Mey rosy oe ‘eqnitenton 0 he Cone te vary w nance SE Ganon Fay | Te a ening tm anton oc wrt ot conor br Deaton er on bw wrtn demand of be scolar reprsaring rk est marty of he slay capt sch 20 mor orerters nesta fne 38 Copion Ge ‘Toning may be dao rely te worry oom, by oral or vente of fe cameron song be gemane, far pawn Cot FLING OF VACANCIES Sn ge atin tote 108 Ban Bees Galego as 2013 CENTRALIZED BAR OPERATIONS ‘Schndetore td comparatn? Se va pru ta, roses mone apnny sch, wo tones eave ftycaearesinn econo a ena MovnaP long we ‘onto othe geen {TMhen ner copereton md by ans 2 Vines gin yo vee af scars pes teas a magi be oon may ne 3, {Wate the tntaon othe compensation grate to drat? Sushi nto wag Sooner ie ‘Etpnaton ving he roca ye (Soe 30 Caan Co. vin crn vot ayn nce urine pec 156 "the awe rs sk Ee on nin wen [peodc be opr css Le eee met SES Sece esa ao moa as Si eee eae eee a eae ETS ESTEE vas era etuemng rae anced pices prose eaten han een ea Se a «= Buy oany — Tea yaty antode Sec 31 (conte of or 92 (ansnang racer Sue etboing recs) and Se 34 {soon of corinio bartrs seer ‘rot me ly ae beget (Agua Ppa pte a Corban 28 (Ar acon an fcr ony le wt Sha nt gees one a omar “nan areca a vadues tn oproprte cows te ofc of 2 te rer a ptr nina at ft sre: ; Elna atone gece rect he opt a Ee gy at ce ne mon oe cna. ‘2h adc han cnet ance twat oc ‘to, angioma rot mt otc he wit he epee eae ha eto non ore 105COMMERCIAL LAW _ CECE The Bedan Red Book un Bev Cae Le 2013 CENTRALIZED BAR OPERATIONS ‘nen tact, ain oor ae cnc pr spud pki cso stile on ts vont sa rs cpm atonipar MCX Ao 4878 ee 83008 shennan ome SET eee a oe nm Si iececen see eeernarenee Eeienacunisormnsres es oie eee camel sieeormiet ies cents {Wate he pray te aco of rate commie? ‘ana? Dre” tes wo acne a pecriny of Fora ast ‘Sit wha y= su dec or sien hal eyed Sma a xopeneing tereom (S023) intra ss ate for he vance of wae |AUE: Any are ofr xprtonconsaieg 0 be ssa wales foas ohra tang tnowodgs ret dae Pt rte ee Irrtog wr a Os sure wih fe Snot tab na ae ‘Srteen foto meneame of be Sch en tepo ‘Shin vain tr sara fue 68 Copmmton Cot) ~ hae he paca ct oeuinn? ‘Aas Undersea pen a” dc, wl cr dws et san ‘hei euson she sector esr blgten eae ae ‘Secure prieroi nerutlon wer nol Ceureoxe at vg te wf egw t dacoen Te peas erin as ng Pigs te cav ot Song v Roose (18 US 419 6 0. sch a9 a 106 ‘whats ae norton? ‘Ans: trator manga (a) ha ot eo gray coat “Tetley ho eae aan of a eacebl ve a te matt ‘ecw te mormon ao) mea be carne y fasoie peran Errore ener artes aetrrng Ws ets eon wae Noponlorhac ane ne 27, SRC) Ss al efor on ra (acer tr) a Ey 2 sSinyorne uous vito pocetsin crt ernean wh epee (ower ocho sear nat ret geeray vate he pale (Se 37 SC). "Soe mov dasanon a hace rman i sbest Satis Ragan ete Se werent ee es meas easy ane ts as sere nate te statin of he conte rerio by a e-etng sacar? ‘ia Su crete VOSROLE tne stra fe empresa LESS Regan sen rca ahead ong pra he tb The wle of su drecotato nfo Board mech ape the Sn No aca ose all ct {ine cane of on scr correct has Sopra by ar afar (So 32 Camron Coa) Ya 00 a of corr hed hove ang port te on ‘roves hart naar fhe aor erst @ mace teh mening ar the cones’ San rosente se Grcantees fu 38 Comamtan Coa ‘ene comporaton nt inavocing dattore f iro are ircting coat 5 ‘hus: One sar or te dn an8 ‘ote crprton S00 9 Coperon Coe ils tunes reson pri bi i: ‘eam Howorer bps may aa ronson, Sens ‘Secon, cowed bas 2 or mow nceaane Pewee PresCOMMERCIAL LAW EEK The Badan Red Book tracts sat tbe asc on tha een oe, These conte ae VALID. Se ant ‘The efoto roan uncer the Sicumsanas, (Sec 3. Cpsnten Go) nen an ntartochng decir daa hava abstr itera Suse mong crecehes sauna tart ore soporinF hoy (eau 2 othe carn cont sn Hine ues! ca nl rans 70% Feitmratys arial reat (se 3, Coparton Co) {ee peo conn ih Ya han tam nwt ego to di Some et Boro sec qreaee are ere eer ommne Sanieieieeeedar geass Be contac for She Tssonese under the Groumtenoes. ee, 3 Soe Leecunve commrree ‘atlanta? ‘tees neve 6) asp ‘Story tan, No ae sry eb tow’ to bw eno Donde bse acaton of brows (Be Laon The Caporton Cosa! Phipps 108 ‘pan Bed lege La 2013 CENTRALIZED BAR OPERATIONS SER eae eves ne tore Spee cecemm cnr Srigies corcene nem ae eee Sites e eenaee cents tee Riiiemanaomenenet ans eenein aa eh orec ee ciaen terete cian SEaummranae {wht ar the ination on the powar fan nective commiee? 2 ing fr acre Aner pal et of asopn oo yews {i Rnanent ropa of ay ene card wb epee tee eee peat «Bracers cs Nweernes ath indo rating of he bee of rca os ren? 1 oglar:naaby above nent, ues be bytan re irowen SSR hte bare ay Sine oon eta wpe cr Ponded ie dptoer ‘Sat ote ont ane he yon oan chan ein tox ange ‘ime tore sos hie hy bo Pts et ay Wm upon Cao ee Soot Rt ny fr te hed mee ine owed ye ho ss Breer. 109COMMERCIAL LAW KEE The Bedan Red Beat 2 oreonsrsees 2 Ofer ern tie managant of ha carernon ifs ober ved yon fe. Se Can ose ome PEF en in ane eirmod art aenaneg Besant iat teen Se ood Ar cebu wad ta he aces epost oh fine oven tors ges may See 25 Capron Case) ‘Ben seanaon ARSENE, oe aah of + sre Sot In + to BRE ene eamson ei ton " Sapwrora ett renin aaaae a eo a s may wom shy Seat ene bang ects Sones (Diset by neue ta cay rire oueigs ied nant fenfnare me cen ose who we shan Roper a, tater ane tee towed aa aarng stration conned obese? ‘Aus: Ro ‘Sag ey cha tna he Fenton oscar veg wou ‘tats te ica oar ote tw any te para oars ‘Seater nc and sears wich tarde hawt y tara ‘Suh sowrmte water ara uch scorn wld gover B85, Bi a Vi STOCKHOUpERS AND MEMBERS "indolent gem spur e fne 0 Sltodan (8 Ln, The ete ne, ees) rest MEXC VER) ron a scene's means (Se 80 Fyn Fat aw 8. 46 8) renansne ine 10 en Bee Cates a Tas 2013 CENTRALIZED BAR OPERATIONS fo mur cf cercate of scr wiroe of sock cares "sh tan deren af errata ant pn dessin (Sos ‘To preemption bth sue of shares (Sa. 28) 2 Rana i RO 1 otnonet ort ke (Sec: 7 { foswene sents br aguny (te 69: ‘fuck rs lng ye caper me reg obs 68 28 ‘Soy nun ifs ar peg and abe sett ho sae as (Sed ear 8 Comorian Ce 8. PARTICPATON I MAKAGEMENT Pa Boat hoya ‘Rieu eto gan yoo pono aah so at sean rencontre Rize othe revue wich ewdenae te auhoty fhe agent ‘Reckioiaes or membera Pos sal bm wing ted byte sociale er ‘nes tn far eso a 2: eee ‘ois}yeon sary one a: hater targurerentforaval pry? 8 Me ares pea oo a » Sat yt cei mete ce 5 Satta lds made sawn be copnne sory ‘eprom stoi a cies pera rg thas yous ay rotor vo ito pono ae amCOMMERCIAL LAW COREE The Badan Red Bash * hy areata namerh waiters Satta cet no at Spas "outer ge ney Sr ptr meg cn 4. Gatrang Pon be ay gn pean te secs a Sey ats a regan’ spec socodert mews une ‘Cont ewiba Same Lepr Tho Corton C06 who can bea pony? IAeae"See 28 Ingotes to tntabon as who may be. ory A ‘Serhoninanta ray sport ey pascn eae eet Mr are ‘Beeresreungie tina ransom masta, {thre an instance wn taht voy pony a dened? ‘Ge iuatay bo cess maori wee pagent Dons ‘Slo as ne donal et doorman ‘vy re prox eottatons agua y the Secure Ragunton Cade? his a pons cor sens Be ret to nto wih ‘sin The poses can sed fe einen feng be eee ard he erro, Than a rma equity he SECT reve aon Felwetna pate (See 20 Sac Sennen the SEC and RTC, whieh body has Jordon over ‘Snroverineropercing proces? [ANE Tha power ego pov onl ent hb SEC ano ay wat setae wer Sasa vau or ates hr fan ec (iad Wb corto on pny eon te cet eroaes Se Benno jrsacnen (OS SE, Gt Na M8000 Mert 8 200) reo ra srw tgs paar io ha ares ra pea nt Sexicgrere Spree elo! on Pon pl he re a ers nt mat be lad wth be opaton 8 1 exartaon by any woth of he at te arto in te syeoran sa cere red pet uz foe Bide Caege of Lee 2013 CENTRALIZED BAR OPERATIONS. seen soon Benger | noo | onto” (816 90.06) oes Lint nck mare an 70% ‘Adoption of By ews ajo of i mea | oitaat, | eas aoe erm sadam | Mies | Loreiere ‘trustees (See. 24, OC) meribers ‘No. of directors be Pens peemeeritee | aapmya | EBREE aCe eras ee an Freer L —___| | saa ya Two-Thde vote Omid tere (sx 800) aCOMMERCIAL LAW COKE Dagon abe sori Ropes | Ace wo 008 6 BD (Se 48.60) somes Dracery | 29 e008) ‘raos (ee 28-66). | emer Eremoatnioncoe Serene : gh epneson “Meoysatecer | anctocs ten 0) By coruttie Votng Corporate Ace which ogre Malet Vo he B00 "vote ot Sectnodes Foresman Walon ona 05 a) as fen ee Glee a Tae 2013 CENTRALIZED BAR OPERATIONS. Corparaa Aca Wich Raga Maerty Voi OF The BOD And Vote Sttehidars Representing 290 Tho OCS [ADAWLPES) ar pt en ap [eae teeters Se |S cee a” | Eta Fc ees ae ey [eon a = [Fie =. a eee = Se |, aa foes [Be Ek. een came = hey grarcmare oe an ieee ae ae ie z., = een (Segeecane (Beeat 6o)COMMERCIAL LAW CECE The Badan Bed Beat an Be Glee Law 2013 CENTRALIZED BAR OPERATIONS eee igonee "a aa =. ee |S eee ne ie an es PEs al toate oe er =. Heme Susans for oes = Saree Eiken (PROPRIETARY RIGHTS. Gethon's teres ght torcavedvannde? ‘svg sede fm mESoaon many aed ci OME eg we om , Seaeacta Seater Sao sc ede a era Benes ort ers oer Sipura om no ee ovr 220) ‘ener More ‘at aren tea were ne pple onc bears? ne groin pestcee haere {Elion exrcna ie gra ofneercar t | StauhoSrg rears om nano oamerdlg shee: i Shrgrg tern oopae ere ‘Gia ogny or esraan os of hres ute made oot ne Se, Cope oe, go sncuntraves ot gepontons of ot ety alc ie «6 Mnpee maior (se 0, Cope Coon SINFScy coperatan 4 ln my, for any rat, coma ‘Sporn pce ha tues wer be cameron fae see atints bon cov Sob anise capt ack {See's Copano Coe Seteoe tarts Semone enmrsis mesma Hina iark onesies Eee ee en yaar a canon fre vrai i? hay oft nutans set orn by ow est be paw. 2g once recov et Pound at «(han bere Pore make Seven hal bem x wae. ste cunts nae 1 Poymem matt be ade any ht be oe rot at be ah, ten ha bed pace eee SRE Sec many ewan cori ny What 1a th ramady of te cei ~~ tt exppraton ‘enon ecognce hi appl SR Sus" he cotton unpsty res fo po a ‘Bebe htc ih ate engeees ms ret one ‘Gives ech eft at he Cpsbon as fcr! weed aed a7COMMERCIALLAW CGE The Badan Rad Book earings he augieed suit may te tm wooscate scion tlre ‘tpt Fagons Th Court emo tu copaaton ow ho waren he Sppaia i(SEC pr One 209, Whaat fect of amanda ha ght apse? ‘exh fog ee eco he Sore a he tinton et ne [TAP ecrdng 6 sch shoe aha supa tm ha of dame {pret aw sb rk ar hare 1 The cnoning poe hl be ates sve payment teak vave this reas apd upon test Ne de cones ose eed ‘Trapt mn 3 ye che rete Sn ther avr wr died pe sab Ss et nw tang src pony ah a sero eos eran Se prwanery esr (See ta Conaeton Cn si retnegtt stat ne cpt iain eae sane tne {etared earings ints boos cov te same. A encpton fo bee swith Soe erento Senieracen ae manta tig ont w Ones ot nee ROM corm sh seman sete st ee Pe ee nan convene : ERS at Rm stc ame oat oe spwnaiormoens pcp = yeaa aor serrate) iF bi Gs Al ctr nat re a cean eae ee Bb tee a cuncn airstream emioeee Wp ne Sn Bee Cae a Ls 2013 CENTRALIZED BAR OPERATIONS (ANS: No To gasertn snes a to rcv dence wusened ‘Son ence oh risa om, To oo Sts woe soe ‘Sewrg stein wad toe rom be Sine pede yt ame ‘persion won bey eat epson Ser 2 Capa Coa) {Fat ares book aque be hep under te Garporaon Cade? {nt Son tts Winds onto On conte Bott anos ofa mowing of acs or bstas r Seek wed arte Soak cane oF snc copes (Seo 74 Ceperaan Cac) SudTacpera nae ered ne S00 es ono ae: 1 Lite Sone o Mabon: ane 2 scl cen see Ceoton Co) thea tain iapcin crore oak 1 Sent oat ters See. Te Capeason Co) 1 herocrda mn be oe tbe nop ofc oa cara Eat oer tee 12: What are the rights of the stocknedrs with romp! to corpornte ook EE cennenoeemnrgaa Te anes ohne i iRotroa smower eh gyancrnsmigieneneen Sab ueCOMMERCIAL LAW ERE The Badan Red Baoh “Teg geemoee negaperesam epmennmee qeineuracneunretm emer Peper ARIE ae» eee eo mart Some mee De ear Soe ene ara eed oe Pereira -Saegereeran meee, ecco cans nnrmananted Ras ee er eee aoe Rae Rhawtoea od vnae ent of he tht nt corporat book? ‘Air Sevag wees gong es wane «her npart te Saks an ca ts cporton kn, SMIEOENT aac ght babe copay tatoo ord mart ‘evar coere ao as, GF Ne 19908 Aga 23079 '. Tei of teeter PERSONAL ae npn a aiaten "ay be ade y any pop reper thorny na! ard att wor wou ho stance o'er es Press Pape Mandecueg Corey, C1 Na 1588 Navona 8 19) «faa noe os ich he pn ray did Fieve Coporwton v. Ponrawal, GA. Ma 72898" Decwmber 1, aon Sher Me enough tren heen at eepacen 1 Tort tb red erg manna es buns dys {hepa snag te ght us NO® moray vad ey rman Band rah ny evn tent habs cra pany Inapect a books of he 20 en Be Calege a L 2013 CENTRALIZED BAR OPERATIONS Simca ase enene pease MT | ‘Soka un, nin rat Se craft sous who we [oSiatbeieen ie nrnoe was made norovenonts er oecing shares ‘icon ea wma win soar hoes of te ong ek ble nscrtore ‘Ie seomec tom hs gurl pose nny SE0. GA No S638 fay tay septormems mene cna ene Spe Ones tie ee Lreamece cera as soung at twy ‘omen ppaiense Pot of wide nave ‘Shlted share Wren be haart wnatotoes toi tet. ho ‘Shaheen cuson stems (nto SEC.) EAE nature ot ne ttt ovale ota stacnote? Stas The rhe surest end nsdn m he ower of coperate Sct ey eve Tare Seb 109 SORA Te FO) Toe te ‘rove des ace’ pancn ne Sl ana rato (Tine Sapontes nat son rohit Fas Saptde ney ssl eno tig sere as ro a such stars ‘avin ate manny fee 87, Copan Css SEAR ee meet ctaronnn tnt ie Serare man gemens eateries tle ren bre mg pees of Osetia fa davetsn Serine hohe ot rcaet fone Fars dey Agme he oe a3 ap eee cn ncn Bod ot Brae deta ‘ender ialpymnrt of van [Neto nh nooo Sea! Bat Se. 1601 Conor Law ge ‘Ste «San rvrt Copan Soe probe leanb of oy sock rs ih he ap of en oom nt nan ‘Rinse Ta procter ends koa et fencers 2 ecco note mate of ip bk water of corsenss, (apeoke Parton: ety agen) Hid ns en ve rt to et sre Desa maCOMMERCIAL LAW COCK The Bedan Red Beak ANS: Te tt ofa scolar 1o be ois dnc acres a8 son 28 he {earadn's rade Nba na os hy suseetoy can tsk ‘eaten of emgay sine derd i te siete cone Tre Ieptt Sco cous wan ft SES sepror ‘ant ato Ma OM trata th epee oF caponon of [ANSE The go fet ua alow sad chet shri Sthartls’ bos ay we chose 8 id ety The ayeona cf we ‘Soyo oman gts esr cer £1. Sunt ang Ga Sen feos mony 312009 gor copocion toca of omar anamsccen nn epee BRS Act haat nop ose coin tay on ety SSosmnoven,& #9605 Cacmbert 0 cr opeones Rasen ‘aroaer 1 Sumnt enges Xl © Ap co, co nr Jn Vrs nt 8 Cay. me ur Bans €xlege ot Le 2013 CENTRALIZED BAR OPERATIONS (ie by 3 shart nia bat and mel ese of ee Sacto aprons nse mg cel agua Wo fo tek ese capa, wont he lose hacen rue sue ‘bw one 0'ba sued or san fe tarerion (Westar ete ‘Siac he Fame, Aut 1 199. vn ar te guint ofa csr st? 8 Eten cao aten nfo ot he coprte, secre: mateo nt coratn re Secioun ne motte sch Buti re octnabi ae ot ‘rerecton unas ba yruacton rcv ro «Raton must bo sgh nta mente coerten whieh st be tog pons Pato.) ‘ler neta rvasuigar ino ng ang CX), it sacar ara pry in nret inate eh Six Ro teeter ny «NOMINAL pyr ate ST ea fary invite Carper To corton shad be mace apy Meat Sia ne cuca ont rw Faria br ae or a pep neaa cat onder ‘ANG No: Not every et led Beat of re corporation 2 deeatve aut For 2 Re Stents: ‘Sinn cu of Can vont of be coy cer ecto aguas pees : X ina mmonty stockholder of COE Corporation la ¢ member the Soard of Duero of CoC Comoran an atte ere tna ha the Pronto. X bees that ¥ le rmamagitg Coe Caperaton hence sng eae a eas Setar Teambueriaeren nara FrayCOMMERCIAL LAW. ERK The Bedan Red Boats Bun Boe Coleg ot 29 2013 CENTRALIZED BAR OPERATIONS © oouaaTioN oF srockwoLDER Stearn tong ane ste oe ci 1 Ohigatan Site caput or une uarpn Gaetan cea tne comorienen Peed tacson {2 Setan or canes umn pon ‘pula Sac Einar ene of corporate mentegs? {NS Wesing of eect ca rare 1 Regr’“ha! uy on name a by as a fd on ny cal fon as creat ye tard ne spay ae ‘poe of eacig wet sao ctor eae a Bp SSIES oe ened cee pe ne {han ac ware ae mets of stocahades or mambars al? [ANS! The mautny a enero ramos et ea Sl sha fethats he ey or mapaty now he psp eno be capoton ‘eat, on't pacha pr ec afb coor: Proved Tht eo am Sf puters ina nan tected ty "ania Sei he rote egued o old 2 wad eects or mabe ‘iat arande oo te ind tren: 1 i meet eto rs cto 1 Specs nang writen atone ta on) wk Lace appre taro cones vA? foro ned ot paces Say gitar ane tan aon of 8 estat tw meting [Se TC ray he cal tm etna Griineisen cr montrs? hen de m0 Gand ib sparen cto ins canine «Soca maning for 9 ramva et reco rats ay b al ‘pe scene corpotan oy» masts mare oad brses 28 ean. a SME" ges ey arr le maou fa cn hy Sus smn aad ta fm clas presetg mat of te ‘istry cap spa o2 mayo he manos m Pw ase 2 eno. orice (Se 52 Copano Soe) [Bison hn nesennd mae maybe rod nthe Codeine ae (See 52 Copan oo) can ception duce unter ot uta apa sack ‘terig ci ste ae he wos aa rane en Ma ‘otoe one Pane naj atm ana cnt so Set serpents ant re Rie einen ete coca Seraaiatas omaninoremicneiae ese ‘rey coup canrex reve coxporation by walk [taoe & De Ln, edema at area a hab he san tering he arb In teenth Sitar ss capoatoy, aura’ tao Sig. 52 Caton ode bane on mania f acum sag neds The moj fe Trento ‘epecinig te echal eter ot cies tt Co hetber {crt he gc Fano cpr Frenbers wih ving “hs hat be courg Fy deen ‘Zorn asap menbwn’mewtns Tan Sob, CF ‘es Suppo thr nk of equa tn u's ent POSE upon # vn corpora at whet nun be ec 2sCOMMERCIALLAW KEK he Bedan ed ack ‘Aksar warscion mst paces tbe mabe: te sos (ice Ran wae preston oh pariar ancien. Wa ln oe "ected oquas emote f tu pata rd arnt a oad, asec ‘epson ‘ny lnes Tham etter, ro red t beak Be enc Froveverb ta aera ws tapes te supine can aractor or rates vay ct by pony during surd meetng? ‘AeS:Ne Bec r ruses cae lay oe) boy fee 25 eto Muss mene orca rue a apt mine of monn? 1X CAPITAL AFFAIRS ‘A. guascrtrion acreEweNTs. int nabnerponcomract? ‘Aus ssbscpien commat eto an ay crt fr bw cain (Situ acs en eg camera ara copra al woreda ‘i Carern Goo, ba ertones CR, GR 17s, oy 6310, ha tro aban cnc ‘Siypoe contoce Obes naling oy at egy ene Syme uananemests teen contnct » Ait" Tepande shat pruee hy beter ad fe Capon oer SUIS! Teter te caren, ie. shan of sto a hei Capdogary, ho anentars wr a! z Seer ce bh dy ttncen ac ocr ree eo on pr wet a eopaearatone for the auberipton contacts ot ‘a Wen 9 " Sin came anersen amen (HPALPO) 2 Gaenocuy aves 126 fen Bes Gates oH 2013 CENTRALIZED BAR OPERATIONS ‘Bom, oe ale acy ond AND my fp talon tom estes eared erro wad expt 1 ote sreas say ened te conan. 1 Rita tees n ocherge to shom me overt of ecaescaton ‘Soman fe 2 Expres Case) |ANS: No. Shores of stock ar rot lowed tbe nme in enchange or romisony ‘Mie fence mrvaes (Se 2 Cxpornan Cot) Promasey role ofa Sood ance ty ae ccd ere reco The ae a we ‘Thou iemnon Seacin otf ent ve: Sorry nr Tea Oars te api The nea va ea a ow (Wansove Prt Corporate a 21 wan ES) Ar fa Ioatamant vai consraton ins subacrton contact? paseG SEC Opn Jone? 25,7505, SEC Overy Sut 35 (82 a 95) ‘:vnaare th regula «pepe ob vl conlératon? Suse etnwrglara ne euro oer Wes popany 2 oecae 8 vad Eiseanenan ns suse ceo Toe opeyie cy ned ha copaton Tr betatos ar ison sist bb cos ve fe sock «Fra ation tt os oer See aS cilltnalbe o Inangle Porety, noua ere! shat aye eam By be Ineoponic or bend of arecon, seo aonb De EC. ate acs corn aie Eomtadmmtais ot seean nipacataas re ea caieeies i erent je norwene ears Romieaneecta a anae Urraieneet Sonoma tee vase eeerioee ihcin aritmemaae eat ny be cto the meats a be aCOMMERCIAL LAW EK EC The Bedan Red Book {© Ka racor of ¥ coronas lan nan by ZX Z tat nor i py son Yu sat aan Zsteepnane gine ttc Seperation i erennebe cored saree? ae Setter i SET ee te sy Shedd oan mes rarer ae aitreream ee St hte o hare of tock? |ANS: Shares of Scena caperaten caste ania pron prooay oe ct nn a m0 tr en ‘Segrrort oy wry o eps, a ape by nay srouronce, nie pum Ln Vonvve 21960 te Ac shar of stock conan at rprnetton of Intent of te ‘hare on te proper and eset of he coreratony? ‘ANG: No. hough hres ts repent st pate oe copaatoss Wing (ae poser LF naan GA Na CATETE are 84 fan eo Cate a1 2013 CENTRALIZED BAR OPERATIONS. ay sock crate nnd Yo the aubacber tough ne has rot INE Ne tecoce te cortcunson re ibcrten conc als. Move tr cormnct carat besotted t pyran siscotan auch a8 Pe Leet anton pote ine Sar Sy auc sere wien nave Den ‘chnty rondo are became stsotpin peymant (EC Open dale Becwmoar 108), AA wana come «sarah of 88 omar Ak Soucy sa opty essen wed A st ‘adda the be atresia a payment reeeetpton pe te condraion alt ‘Ria the sapaaon cana anes ane mancgn ofc tl ead Smug voce abe deed tec testo hoe So abseoa py notre shoe conngecy Pa vee I Sate Wor "he's tag ta rtd o See ston! Schone och cee, 68h CAPOE aba 2 500 2 Secret by bow aber nov ah woee scat Cane ae (Boe Caparton Cut). Swayeee car Seca Ofte «eats el Pcs & Se octet cara bee seer mei acre eee ee =e ‘anctn oo. Be nsCOMMERCIAL LAW KEK The Beda Sted Shah Yt ae tien ote aces or ocr who ened the waa INT shat be scloy tia win be sock concn to he Corre ad te Caos tu cartcabeweon hf vue nara ihe tie beware oft ck soe paretavol as he sare fae 6 (Spear Coe) “Trt Fur Doce or abt forward stocks Gyo prone te nae ware ois? sai cpt ofan te tren eh ter burdens by Grg him greta gh a pvigos ch ‘ted sic ne tw be 4d up cece ott cea Oy Sata” tres te capa ator! Eschnge Canpary Dero, Noe" ‘ur of te sana ict Stren no share of tok ‘xa hn au of se of sneer som rps yb lt donc he Sern non donnie tnd soe #8 ‘See (Chon Gan Soraiang legaray, GA 4201, Naver 19) ‘EAS Canacason of soctahareo stocta? ne PGnemcn soc ean dat @ fc Cry and my eset ‘i oorny "ahs it fives. ae cmon ery ‘marco crainprotwonce ovr Ca test carmen ste ed a Pohoneseg soe ¢Yelig sc rong took hae wih orth to win Ee ere reece 1, Seeee ies care oT en anon a, an Bes Cate a1 2013 CENTRALIZED BAR OPERATIONS ‘ANS: No. my eaters ans ac endnote sues ray breed veg ths (ns 8 Copano Cae “home mer sey be onee wh 8 sted par ale (S80 6 Shearman ay rena een th ght eo mateo ‘Soy ox svrage tt oe ovine estan Pipe Capes w rerun sauna esp 00 1 Are both common and prefered stocks nse in th delamination of Geouwanng capa oor? (AAS! no Gu hrs corman shar can vlan te ten of dace. trazing ony canon shares stree Snel Gwe PLDT. Come dart ptered sre ave noon nah oon of rece onctnove anyones PLDT foamtca Tera, Gh 76579 ce ain 1 4a nonvotng shares compet protiled trem exarcaing voting Fane ISN, Une ee 6 Capron Cate, een nein aes may ee ‘epeatinaten rears bre “Jorhat one Op cons ec esos Nt a irs wn rant ne parva stares? ‘Ne porvl se corot ava nein ea ota han 2.0 Safer cn tn pe ta «Thay cot be tnod ss lor cs gy at gb a cp pms erani. ‘pen tha Sun & Capron Cnc ‘ear a's sna Sand rch he deco ese 0 ‘Gouna ara pom of» erproen oneal sone mgd ht Ttaelone ut nee re boscies eeprom gies Mh gage tive npn 0) tw SEC ad cant ces Spr toe aaa” ‘vom (see 1 Comte Co Wnt i aredeamae share? 5 : Me Sera pinta talen tees aS Frarereen anc carne foc eanonng toh a aod So! 8 aCOMMERCIAL LAW OKO The Badan Red Baoh th opten of tho sng craton oe Hott 0 ‘Rcowpoon pom. Reaeanatie tree ray enon) Soparmton Co) ‘noe the sat have nao edema, Sal ba mad shart wich sa ‘Sra par or cap on ometon tues panes Oana pore ‘res fear, re 2: Veh ol he flowing stent are fo? "Rawson et ck of aretcad aces od dap te netancy of eS eS ae, Sie enor nacreeaas ae natant ae eae SNS haan otc ah hve Den ne and i,t skeen fSocauted by he weurg coma ony pce, rena, Staion or aah ‘oe eer tnt ear (See & Capon Cote) ‘ares te coperaion fu are repaid oo Popa ane y ho corparaion ‘Wich yb ounce arenas a pea bed Dye a of Boece {SEC te Govern eseomobe and Tres Sars COP a 82 Ae an Consider a8 voting socks forming pat of te roamed to fre tt as eg a hay arin any ee fas juss nine Steacn of tsan) EEF shascker Tou he subecpton oe wax not bowl he wie ay pi. As ong ar © ie wnctgaon aval nai the payment of the blanc of rey fu Ben Coleg ot Leo 2013 CENTRALIZED BAR OPERATIONS Seay ore an ate meena nove eae taiea , Man eae 2 sil fr tn cprtn fo ie pl SNECTCIR'S pean steele tha byron corr ae edt ferret rt spay ov uch dni eer hare boon co ‘ou wi misery days outa Ws ew, he shrs be (inguedor'bw dio tse ent ibe Sam sn De boo! decree Sborsn nsuch ete, baer pea ora cat iin ia find’n he bnrpon cat. tear of ates ma the ‘ierpymont nd apesty Sc a Se 87 Coporton Cat) Note cranes Fe TUF oad of restora rogue ex note of et the Seekers manda Ing Tente teat randsioy A nara damaya utc The ave © fay on sch dts sal ren” arr Daan dw on yas win mere ‘la ty (5) toro fan ung esas bc dat a (ie cata ines ae Wess he bad Gocaes tre (ee ‘Soper cose tot getoavnt stars [Acari nestpton coat ute aa payment whan has own Ss ye tow of sreirs an tty 02) cope aeeton Th uns Shown fucson sine aro oe tate, and sae sh, ss Scardancer sere (Sa: £8 Coparton Co) SAS samen TERRES eh 1 oth rac phe aout no nar Tha hoses of ering sara sal Pe pod fo o958 he Teqlror pel racing ose, ro fie sae be ice ‘Se tomieton staan er ahooe’ . callbymroion ta dows farce) > SAP TT Se net a evron SiecatS "SogeraseS “oie «pet eek Smee ewe ed cementite SESE SG Eh Soteretager 133COMMERCIAL LAW KCK fen Bee Galego Ee 2013 CENTRALIZED BAR OPERATIONS Notes otsae Towhom shoud noe fai lingua’ tock be sven? ‘etc fsa tw, mtn apy lb ho sat be ea ny Sober ‘ito cone wat hn eowosse mats oer ges ‘ution nthe pounce hy wow pip ce a Be Spon ‘cea fue: 68, Coparavon Cos) what eth pup of nots of ntnguany stare? ‘Aust ge ta haces of Srant vaca a pay apy he balan ot ‘abet era has boston aha she ete oe Goan auction ane see? Sis Titel og arent main tn ait (Ses 66 Comoran cass) sen trae coemars {wna ae hse ncn sl of tue ahaa? ‘esr weg we bee hm pen prot eh ngny slaw fr oy that ise cov of worsen snd spear ot cont be erat Sse: Ee caren eee dares stock oe Chong, 8 Ne A823, Sane 98 20 ‘NSE thn lot cop ma orn re ‘Seely ot an ee own. ae sont the merce of 9 shar hs oF 9 ston of bert ‘Sarl hecomoaion Tane SEC, CF Ne DESDE Mah 3.1982) INS No.1 cate oct heen wav i ont fran (Self i aioe tt wae gay msdn sane cer ‘cou: Howey, the peaumpton ay tab (aang EA et OR Ne Seas ya 9 ana faa ane urate ack a 93 a8 ee shares tinieach ocean ihe women of cunerp ora ach, assent ef cre ‘Sun faci oy tama ha ps othe recon Te ter oot sores we rani he rare W bs ate, areal Primos fh he arpomson ana te mucin hove Poo ng Ea et, Novem 21978. Cer cies of toch conaierd a8 negotiate nema? IAG hea wa sale Pat hn ture! oral, boas te ‘ser hermes wou pre e arrgs Goleessee euee Curator erie neve une te, oot lr ae hh oF ‘ktemcr sw scr s ne ras mene he pepe gover ene {Osta anes Mobo GA ho CIS Febey 28,985) crt of wala contend on oases ESTA Ch hoa Setar 10 Noe et Soe ea ses Gratin age Stepan corral Pt son AEE Ww ‘Bevin ws mau aret ncaa agen bs Sn ai ‘ied Smad iar i nare Hor be song capaaion Such {ine nin al tao Rar ant 00 0 ‘atts Soporsr 07 oa oison hae caecstemre cians ieee coors Silp heme cheeancreneeae 15COMMERCIALLAW ECE he Badan Red Book ‘ey sete was an. Cn et chm a sl var AGT Caleta tock ae rt egetate ater: oneity, ‘ele wc 8 rgd eve sures No ale wh canbe ated ‘tat fu omer ts hoor opie ast sch ae 3 Ieper tee ‘aN8 The ong arabe request hy. Terieaaenoae FRee em ons ‘Soca es eran sana 8s 3. ¥hat ae haat of an unger of tock? SNS The lou eho ose fuego arta arse Teeny wean hans beets ems ene Pelomecmeeramronsee tee Seteriesvon maracas Sais ewes opens nen mat 2 eS 3 coe iat te a tie ts Sasa a ms Sof fr carprion a tated Whe oman) tt he ae "3 otock be essed unde is name Sean rere a dot a me parson ‘ry eg ge weg ar ti i oo aaron art sigs cat aap tren sn Ran fo Rb acter hs epee oe ‘Ganon a. 138002 aces 1 136 fon Bens Cage et Zan 2013 CENTRALIZED BAR OPERATIONS Sito th rogue france create of tock? ‘Axsrineoowengare he oan rb snare a crm of eck hs condemn st bo sora by the act © Ven ree, o She catina mine sone be sett Spot © In cresa matbe See 41 Ts porno potas or ebucipton en no vale She cg crtcam nba sunt whee ast ""ennen a caren ea Uafres ton th Soe 0g» Galan gene 3850 0) 1,980) ‘ta suerea of pov nner bob canter,» coparaon ‘yap pays me scrawny Teltapemant be ceeponig nant Sar ood he ae ‘ie yr pos oat roe ere nab fsa sete (Gantry Cnn Ga Ease OF hn CIR Se, at einen of tg mas pyar of sbnrin oe ie a ‘2.5 poment — I corperaton tad cant apy paar by ‘loan oe dt rare oe catl gc an hea yb "ny mesa hve tne guy sham fo eng hey tinue (ara ryan Gat Soot) rosa” The pyronn y fa shot sal ba apeind ott 3 ‘Di tne ga th bat sacar oe pire 0 hl cn fi 939 en ‘tro 1t0 shows ost ted The wi 60 Saree ot ‘ote dnrodat yo : Seto enone contain ‘ate rose t heosanén ofa am eet ot nes Bo hit eal 137COMMERCIAL LAW CECE Tha Badan Red Sook .Publen. The copa sol push a nates namepoar of (oer cieon pushes pace uta te cpus Fat ‘Savoye 4 Gr ont Waling Paid Thre shetbe 9 wag pro ot yar om ‘Serena ltt scan fag wrch ace an oe eed Conn ith content fon teen foeras enor ofan sinasut mgr te ery ota ewe {fect fac sabe ssperaes i fhe fal Gaon ort ‘Rerang be omer of an eros of sank eh hasta st Scere 1 pincer. bere no cata win the 1 yur prot, te ‘Spsaton thal er repact be ceca. The apart ar cat Gai rdntabe ts opiate! mci sodas Screen ated), ° 1's te hove procedure regured when the carta of sock wa lot, ‘Seton dntoyed as ote ter noghgeece atte corgern? [NGL The preted proce Sone a apy oa cae eho Sen tren be cenpenye seseoson wren misao whch ety othe ‘hpersan, ste ashe au’ he cesar, ‘ete ‘Sitar othe cone fe tock and ante book? ‘Sennen eben hat omnes daa of prt ofan ahr in nape? emorats ooo ae fan es alee of Bae 2013 CENTRALIZED BAR OPERATIONS. ‘Ried belie creat bck. Ste are nce pa a8 2 rns of enn tar rv yw creer so at Sera ‘twa ay rues he woe reer Bec st hu CprEOn A fetwcen £16 ard ba copurte tos, hw att eof ino? La Se? ‘Sea pare, 6. 18° osIONS AND ENCUMBRANCE OF SHARES Serato eststant on ae of share? ‘Auar"The GEC ton usta sarn aoc In erprason at srs ‘Bovey atthe cert atone gh ge ow rae ee ‘Saw ecu set stl agar eiy of vrata ham Titnloe spose, Newtear oe’ ote phe SEC ha lw ferrell inca mast saos she Rl # te wanton coy ‘Mths ronan oS the Corse Co, name ith etter Mar gba be AOL Dyson Sede ae ow det a ‘iis a tbe toe ta tr org ear ‘srpomion be opto 0 postoe he srr of vr Has Wi ‘masons ome cena 9 bere skaed Peron (Pare Coca ‘r emne 250 oon 28) ‘yp ery eens ho ogi sib a {teelonsiion thao Goporm Lan ata, 270 eson a8) eh wot ot Se Seat taro ec le Slicpe ce arenes eet mre corona men Sere cee Sey ataste oe tenant erica Cetera pian Soeeelbe wean 8 Sacer 4 ‘Sale ot Abs shores not fully pale ~ Saat esate cy mi any pas SE eeremrre ete een ‘ray be tonvened toe sg Vane, whe 248 saa Reragslr mut TLS SE Lice on var eae atte fersCOMMERCIAL LAW EO The Bedan Red Bash ty pron (Php Copa Law, rue, 20/0 peer PRONE ne munews Nae ee wants mast iniarrttiae arimemenmmacminrs tt ed fatto iowa sooo cotos (SeS ee erate SRA we ee Bee TTT, nt He sScear race mame URES ee ete Rn ret manne oe vente, tangs ferro dongs praetor of och? Sas ine nfo nnstace X. DISSOLUTION AND LIQUIDATION Gentle scion ESE SAN DECA POLLEGE OF LW. 1 Caporato Cote Dose of recor ae os fr andar spt San Bebe alee Uae 2013 CENTRALIZED BAR OPERATIONS. +: Rec po by th atime voi oe ars repseing ‘ent 28 oe ous tat so” a et 29 6 Pe Fnte st3woaing coll er hat pape (e118 Cpotot say «Sette connec ttt eton ‘Srpncknto wane conor tw See 100 Cprotn Coe See scent merce omenn Neee ee en an See emma. Seen es EE mts t PRS cece {ERE eae en eon ot SEO aT waren summers vain 'G: whet le Bqulaation? wy Se oa ws See area (bone conor orin tacos xian ter aac Soe cesarean once term Syaaetpe ev Acioe scradenrat sich s Gots eda (Bab Spent ; vine sat manage tn ow portion? Sus" ltccea ee ses marae ow uae tyne npr oat oy in rpm oo igh boset Soreprc tan whrs 95 e mo » Sera ass tava ean crv See 22 pat 2 Capa Sa aCOMMERCIAL LAW COKE The Badan Red Bast «By maragener cmt cabebtaton wot by 3 maraganet ‘Someone ese apponas Dy SEC (Ses 17a ‘ar Coporton Co). Ame me Sar pad, cant crorton at conta ae ‘RAs You, pois pat heres wea on bhatt he caren. ron a ‘he any uch covers oy 2 coetion fe propery ht ba bret {he waatator mamber eds ane cas wre leet oh he Separation naw popy terms he ge ees ves =e rater Se bnvetca ren th noaolsen, rome, Sesh ee pret Mri See. 122 Gopmaton Coc) Tun tla Sneed bere be tron fh ee posh tm sina ya nat a concer ore wan ste rapa (Sows Geno CR GA No C007, Patmos) XL. OTHER CORPORATIONS ‘Rua h sei rd ac copacton wiase ats of ncoporton shut She mbar of ool fcr at ca 20 i Shag aca at a eae, 8 Go wn a «the cops sl tb tan sok change esc ‘epathey etoed «wow is at 2 hw aks 2 tng rot of hen ae a {edo cnoledty araier conan chants ene cme See Se'Caporton con X46 fy corporation wher ¥ une 90.8% fh anaes of stock Memeo cau gue eer uromnceofBs 80 e ‘ENS! Thamar sarah 2 sg soccer aby ahr copa ot _seresotl nots copra nivel tle ne regen he ‘Mieame comers pesnaten Saga 4 nao tus of or Ce ‘elds Teak rata a done cert {Sar an Stvcre » C8, GR. fe ‘Aeh, Solano 26. B9O. en Bets Coleg La 2013 CENTRALIZED BAR OPERATIONS ¢, Pocngte rt end oa st sus: 4: Sion ea id yb SE, won tony Sct oy why a ane nt pga, ‘eng ate Sear Lew merc tn pester SNAG wayne nteee 1c ion mut apart aren of eon ae yas. ER vem nememmanagce ‘aptaton be op poche De sas a retong cates 22h SES Sas RES vee mney reentrant Soccer ‘vinta thea on te retin tee expan of prod? ‘ns tpan the moranon of sae peo orang Hace or te ai eee Yo opto puchosn iy Tnsormg sxe ‘pets shaven Spr [86 8 Capron Cat) ie aaa ate er sa ences or wana of Soe inirach of sein cantons? I Eset oncom amd tantra to ck tf the coins concn Howe fe alee wists oe seca ‘Thefts of teapot sala runoa operons, tot xcetng ‘ety GO) ati cate sc) sa een ses ch ‘renin ween tuo 9 Gy ern ur cse BToa toes hee bine nec nae poser epee take leit "Ue? 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