stefansson-wrangel-09-35-004-009

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(aa) To do all such things and to carry on such business
as the Company may think are incidental and conducive to the
attainment of the above objects.

PROVIDED that nothing in the foregoing objects shall be
deemed to confer upon the Company any of the powers of a
Trust Company as defined by the Trust Companies Act.

ASP IT IS HEREBY DECLARED that the word "Company” in
this Memorandum, except when used with reference to this
Company, shall be deemed to include any partnership or other
body of persons, whether incorporated or not incorporated,
and whether domiciled in the British Dominions or elsewhere.

AND IT IS HEREBY DECLARED that the objects specified in
each paragraph shall, except when otherwise expressed in such
paragraph, be in no wise limited or restricted by reference to
or inference from the terms of any other paragraph or the name
of the Company.

4. The liability of the members is limited.

5. The capital of the Company is One hundred thousand
dollars ($100,000.00) divided into One thousand (1000) shares
of the par value of One hundred dollars ($100.00) each, with
power to increase the capital and divide the shares in the
capital for the time being, original or increased, into
several classes, and to attach thereto respectively any
preferential, deferred, qualified or special rights, privileges
or conditions as to payment of dividends, as to payment of
dividends, distribution of assets, voting or otherwise
howsoever.

WE, the several persons whose names, addresses and
descriptions are hereunto subscribed, are desirous of being
formed into a Private Company, in pursuance of the Memorandum