Article VI: Authority

The Board of Directors shall have the power and authority to receive the income, profits, and rents of the corporation; to purchase, subscribe for, retain, invest, and reinvest in securities or other property wherever situated, and whether or not productive or of a wasting nature, and without any requirements for diversification as to kind or amount, which term “securities or other property” shall be deemed to include real or personal property, stocks, common or preferred, or any other interest in any corporation, association, investment trust, or investment company, bonds, notes, debentures, or other evidences of indebtedness or ownership, secured or unsecured; to sell for cash or on credit, convert, redeem, exchange, for other securities or other property, or otherwise dispose of any securities or other property at any time held by the corporation; to alter, repair, improve, erect buildings upon, demolish, manage, partition, mortgage, lease, exchange, grant options to lease or to buy, and sell or dispose of, at public or private sale, and upon such conditions and such terms as to cash and credit as the Board of Directors may deem advisable, real property; to settle, compromise or submit to arbitration, any claims, mortgages, debts, or damages, due or owing to or from the corporation; to commence or defend suits or legal proceedings; to vote by general or limited proxy any shares of stock which may be held by the corporation at any time and similarly to exercise by general or limited power of attorney any right appurtenant to any securities or other property held by them at any time; to borrow money in such amount and upon such terms and conditions as shall be deemed advisable or proper to carry out the purpose and objectives of the corporation, and to pledge any securities or other property for the repayment of any such loan; to employ suitable accountants, agents, counsel, and custodians and to pay their reasonable expenses and compensation; and to make, execute, and deliver all instruments necessary or proper for the accomplishment of the purposes and objectives of this corporation or of any of the foregoing powers, including deeds, bills of sale, transfers, leases, mortgages, assignments, conveyances, contracts, purchase agreements, waivers, releases, and settlements; all in the furtherance and accomplishment of the purposes and objectives of the corporation as set forth in its Articles of Incorporation.