Certificate of Incorporation - Youbet.com Inc.
CERTIFICATE OF AMENDMENT
OF
CERTIFICATE OF INCORPORATION
OF
YOUBET.COM, INC.
YOUBET.COM, INC., a corporation organized and existing under and by
virtue of the General Corporation Law of the State of Delaware,
DOES HEREBY CERTIFY:
FIRST: That at a meeting of the Board of Directors of YOUBET.COM, INC.,
resolutions were duly adopted setting forth a proposed amendment to the
Certificate of Incorporation of said corporation, declaring said amendment to be
advisable and calling a meeting of the stockholders of said corporation for
consideration thereof. The resolution setting forth the proposed amendment is as
follows:
RESOLVED, That the Certificate of Incorporation of this
corporation be amended by changing the Article Fourth thereof
so that, as amended said Article shall be and read as follows:
"The total number of shares of stock which the
corporation shall have the authority to issue is:
One Hundred and One Million (101,000,000) shares
divided into One Hundred Million (100,000,000) common
shares with a par value of One-Tenth of One Cent
($.001) per share and One Million (1,000,000)
Preferred Shares with a par value of One-Tenth of One
Cent ($.001) per share.
The Board of Directors is authorized, subject to
limitations prescribed by law and the provisions of
this Article, to provide for the issuance of the
shares of preferred stock in series, and by filing a
certificate pursuant to the applicable law of the
State of Delaware, to establish from time to time the
number of shares to be included in each such series,
and to fix the designations, powers, preferences and
rights of the shares of each such series and the
qualifications, limitations or restrictions thereof.
SECOND: That thereafter, pursuant to resolution of its Board of
Directors, an annual meeting of the stockholders of said corporation was duly
called and held upon notice in accordance with Section 222 of the General
Corporation Law of the State of Delaware, at which meeting the necessary number
of shares as required by statute were voted in favor of the amendment.
THIRD: That said amendment was duly adopted in accordance with the
provisions of Section 242 of the General Corporation Law of the State of
Delaware.
<PAGE>
IN WITNESS WHEREOF, said YOUBET.COM, INC., has caused this certificate
to be signed by Phillip C. Hermann, its Co-Chief Executive Officer, this 12th
day of November, 2001.
YOUBET.COM, INC.
By /S/ PHILLIP C. HERMANN
----------------------------------
Co-Chief Executive Officer
<PAGE>
CERTIFICATE OF OWNERSHIP
MERGING
MIDDLEWARE TELECOM CORPORATION
INTO
YOUBET.COM, INC.
YouBet.Com, Inc., a corporation incorporated on the 13th day of November, 1995
pursuant to the provisions of the General Corporation Law of the State of
Delaware;
DOES HEREBY CERTIFY that this corporation owns 100% of the capital
stock of Middleware Telecom Corporation, a corporation incorporated on the 28th
day of May 1993, pursuant to the provisions of the California General
Corporation Law and that this corporation, by a resolution of its Board of
Directors duly adopted at a meeting held on the 19th day of January, 1999,
determined to and did merge into itself said Middleware Telecom Corporation
which resolution is in the following words to wit:
WHEREAS this corporation lawfully owns 100% of the outstanding stock of
Middleware Telecom Corporation, a corporation organized and existing under the
laws of Califomia, and
WHEREAS this corporation desires to merge into itself Middleware
Telecom Corporation, and to be possessed of all the estate, property, rights,
privileges and franchises of said corporation,
NOW, THEREFORE BE IT RESOLYED, that this corporation merge into itself
Middleware Telecom Corporation and assune all of its liabilities and
obligations, and
FURTHER RESOLVED, that each officer of this corporation be and hereby
is directed to make and execute a certificate of ownership setting forth a copy
of the resolution to merge Middleware Telecom Corporation and assume its
liabilities and obligations, and the date of adoption thereof, and to file the
same in the office of the Secretary of State of Delaware and the Secretary of
State of California and a certified copy thereof in the office of the Recorder
of Deeds of Kent County; and
FURTHER RESOLVED, that the officers of this corporation be and they
hereby are authorized and directed to do all acts and things whatsoever, whether
within or without the State of Delaware and California; which may be in any way
nccessary or proper to effect said merger.
IN WITNESS WHEREOF, said YouBet.Com, Inc. has caused this certificate
to be signed by Gary Jacobs, an authorized officer this 29 day of March, 1999.
By: /S/ GARY JACOBS
--------------------------
Gary Jacobs
Secretary
<PAGE>
CERTFFICATE OF OWNERSHIP
MERGING
YOU BET!, INC.
INTO
YOUBET.COM, INC.
Youbet.com, Inc., a corporation incorporated on the 13th day of
November, 1995 pursuant to the provisions of the General Corporation Law of the
State of Delaware.
DOES HEREBY CERTIFY that this corporation owns 100% of the capital
stock of You Bet!, Inc., a corporation incorporated on the 19th day of May 1989,
pursuant to the provisions of the Delaware General Corporation Law and that this
corporation, by a resolution of its Board of Directors duly adopted at a meeting
held on the 19th day of January, 1999, determined to and did merge into itself
said You Bet!, Inc. which resolution is the following words to wit:
WHEREAS this corporation lawfully owns 100% of the outstanding stock of
You Bet!, Inc., a corporation organized and existing under the Laws of Delaware,
and
WHEREAS this corporation desires to merge into itself You Bet!, Inc.,
and to be possessed of all the estate, property, rights, privileges and
franchises of said corporation,
NOW, THEREFORE BE IT RESOLVED, that this corporation merge into itself
You Bet!, Inc. and assume all of its liabilities and obligations, and
FURTHER RESOLVED, that each officer of this corporation be and hereby
is directed to make and execute a certificate of ownership setting forth a copy
of the resolution to merge You Bet!, Inc. and assume its liabilities and
obligations and the date of adoption thereof, and to file the same in the office
of the Secretary of State of Delaware, and a certified copy thereof in the
office of the Recorder of Deeds of Kent County; and
FURTHER RESOLVED, that the officers of this corporation be and they
hereby are authorized and directed to do all acts and things whatsoever, whether
within or without the State of Delaware; which may be in any way necessary or
proper to effect said merger.
IN WITNESS WHEREOF, said Youbet.com, Inc. has caused this certificate
to be signed by Gary N. Jacobs, an authorized officer this 4th day of February,
1999
By: /S/ GARY N. JACOBS
-------------------------
Gary N. Jacobs
Secretary
<PAGE>
CERTIFICATE OF OWNERSHIP
MERGING
YOU BET.COM INC.
INTO
YOU BET INTERNATIONAL, INC.
You Bet International, Inc., a corporation incorporated on the 13th day
of November, 1995 pursuant to the provisions of the General Corporation Law of
the State of Delaware;
DOES HEREBY CERTIFY that this corporation owns 100% of the capital
stock of YOU BET.COM INC., a corporation incorparated on the 24th day of
December 1998, pursuant to the provisions of tha Delaware General Corporation
Law and that this corporation, by a resolution of its Board of Directors duly
adopted at a meeting held on the 19th day of January, 1999, determined to and
did merge into itself said YOU BET.COM INC. which resolution is in the following
words to wit:
WHEREAS, this corporation lawfully owns 100% of the outstanding stock
of YOU BET.COM, INC. a corporation organized and existing under the laws of
Delaware, and
WHEREAS this corporation desires to merge into itself YOU BET.COM INC.,
and to be possessed of all the estate, property, rights, privileges and
franchises of said corporation,
NOW, THEREFORE, BE IT RESOLVED, that this corporation merge into itself
YOU BET.COM INC. and assumed all of its liabilities and obligations, and
FURTHER RESOLVED, that each officer of this corporation be and hereby
is directed to make and execute a certificate of ownership setting forth a copy
of the resolution to merge YOU BET.COM INC. and assume its liabilities and
obligations, and the date of adoption thereof, and to file the same in the
office of the Secretary of State of Delaware, and certified copy thereof in the
office of the Recorder of Deeds of Kent County; and
FURTHER RESOLVED, that the officers of the corporation be and they
hereby are authorized and directed to do all acts and things whatsoever, whether
within or without the State of Delaware; which may be in any way necessary or
proper to effect said merger.
FURTHER RESOLVED, that the name of the surviving corporation will be
amended to be YOUBET.COM, INC.
IN WITNESS WHEREOF, said You Bet International, Inc. has caused this
certificate to be signed by Gary N. Jacobs, an authorized officer this 19th day
of January 1999.
By: /S/ GARY N. JACOBS
---------------------------
Gary N. Jacobs
Secretary
<PAGE>
CERTIFICATE OF DESIGNATION
OF
SERIES A CONVERTIBLE PREFERRED STOCK
OF
YOU BET INTERNATIONAL, INC.
PURSUANT TO SECTION 151 OF THE GENERAL CORPORATION LAW
OF THE STATE OF DELAWARE
YOU BET INTERNATIONAL, INC., a corporation organized and existing under
the General Corporation Law of the State of Delaware (the "Corporation"), in
acordance with the provisions of Section 103 thereof, DOES HEREBY CERTIFY:
That pursuant to the authority vested in the Board of Directors in
accordane with the provisions of the Corporation's Certificate of Incorporation
(the "Certificate of Incorporation"), the said Board of Directors on June 18,
1998, adopted the following resolution creating a series of four hundred
thousand (400,000) shares of preferred stock designated as "Series A Convertible
Preferred Stock":
RESOLVED, that pursuant to the authority vested in the Board
of Directors of this Corporation in accordance with the provisions of
the Certificate of Incorporation, a series of Preferred Stock, par
value $.001 per share, of the Corporation be and hereby is created, and
that the designation and number of shares thereof and the voting and
other powers, preferences and relative, participating, optional or
other rights of the shares of such series and the qualifications,
limitations and restrictions thereof are as follows:
SERIES A CONVERTIBLE PREFERRED STOCK
1. Designation and Amount. There shall be a series of
preferred stock that shall be designated as "Series A Convertible
Preferred Stock" (hereinafter referred to as the "Preferred Shares"),
and the number of shares constituting such series shall be four hundred
thousand (400,000). Such number of shares may be increased or decreased
by resolution of the Board of Directors; provided, however, that no
decrease shall reduce the number of Preferred Shares to less than the
number of Preferred Shares then issued and outstanding.
2. Dividends and Distributions. The holders of Preferred
Shares shall not be entitled to receive any dividends or other
distributions; provided that in the event any cash dividends are paid
on the Company's Common Stock, par value $.001 per share (the "Common
Stock"), the holders of Preferred Shares shall be entitled to receive
dividends (at the same dividend rate payable on the Common Stock) on
the basis of the number of shares of Common Stock into which the
Preferred Shares are convertible at the time any such dividends are so
declared; provided further that if the Corporation shall make any
distribution of property or securities to the holders of Common Stock
(including any stock dividend, rights or warrants), the Corporation
shall make a distribution to the holders of Preferred Shares of the
same property or securities on the basis of the number of shares of
Common Stock into which the Preferred Shares are convertible at the
time of any such distribution.
<PAGE>
3. Reorganization. If the Corporation shall in any manner
split, subdivide or combine the outstanding shares of Common Stock, the
outstanding Preferred Shares shall be proportionally split, subdivided
or combined in the same manner and on the same basis as the outstanding
shares of Common Stock. In the event any distribution or dividend in
the form of shares of Common Stock is made to the holders of shares of
Common Stock, a distribution or dividend in the form of Preferred
Shares shall be made to the holders of Preferred Shares in an amount
equal to one-tenth (1/10) of the number of shares of Common Stock
delivered to holders of Common Stock.
4. Voting Rights. The holders of Preferred Shares shall have
the following voting rights:
(A) Except as provided in Section 4(B) hereof,
holders of Preferred Stock shall vote
together with the holders of Common Stock on
all matters presented to stockholders for a
vote. Holders of Preferred Shares shall vote
on the basis of the number of shares of
Common Stock into which the Preferred Shares
held by them are convertible at the record
date fixed for such vote;
(B) The Preferred Shares, voting separately as a
class, shall have the right to vote on all
matters affecting the rights and preferences
of the Preferred Shares;
(C) Except as expressly provided herein, holders
of the Preferred Shares shall have no other
voting rights, except as required by law,
and their consent shall not be required for
taking any corporate action.
5. Reacquired Shares. Any Preferred Shares purchased or
otherwise acquired by the Corporation in any manner whatsoever shall be
retired promptly after the acquisition thereof. All such shares shall
upon their retirement become authorized but unissued shares of
preferred stock and may be released as part of a new series of
preferred stock to be created by resolution or resolutions of the Board
of Directors, subject to any conditions and restrictions on issuance
set forth herein.
6. Liquidation, Dissolution or Winding Up.
(A) Upon any liquidation (voluntary or otherwise),
dissolution or winding up of the Corporation, no distribution shall be made to
the holders of shares of stock ranking junior (upon liquidation, dissolution or
winding up) to the Preferred Shares unless, prior thereto, the holders of
Preferred Shares shall have received an amount per share equal to $25.00 plus
any declared but unpaid dividends (the "Liquidation Preference").
(B) In the event, however, that there are not
sufficient assets available to permit payment in full of the Liquidation
Preference, then such remaining assets shall be distributed ratably to the
holders of Preferred Shares in proportion to the number of Preferred Shares
owned by the holders.
(C) Upon any liquidation (voluntary or otherwise),
dissolution or winding up of the Corporation, and after payment in full of the
Liquidation Preference to holders of the Preferred Shares, the payment in full
of all liquidation prefernces of all other series of Preferred Stock and the
payment in full to the holders of Common Stock of an amount per share equal to
$25.00 plus any declared but unpaid dividends, the remaining assets of the
Corporation shall be distributed ratably to the holders of the Preferred Shares
and the Common Stock (distributions to holders of Preferred Shares shall be on
the basis of the number of shares of Common Stock into which the Preferred
Shares held by them are then convertible.
<PAGE>
(D) Neither the merger or consolidation of the
Corporation into or with another corporation
nor the merger or consolidation of any other
corporation into or with the Corporation
shall be deemed to be a liquidation,
dissolution or winding up of the Corporation
within the meaning of this Section 6.
7. Consolidation, Merger, Etc. In case the Corporation shall
enter into any consolidation, merger, combination or other transaction in which
the Common Stock is to be exchanged for or changed into other stock or
securities, cash and/or any other property, then in any such case each Preferred
Share shall at the same time be similarly exchanged or changed in an amount per
share equal to the aggregate amount of stock, securities, cash and/or any other
property (payable in kind), as the case may be into which or for which each
shares of Common Stock is changed or exchanged; provided, however, that any
stock or other securities received by holders of Preferred Shares shall contain
rights with respect to liquidation, conversion, dividends and voting
substantially similar to the liquidation, conversion, dividend and voting rights
contained herein.
8. No Redemption. The Preferred Shares shall not be subject to
redemption by the Corporation.
9. Ranking. The Preferred Shares shall rank senior with
respect to dividends and distributions and upon liquidation, dissolution and
winding up of the Corporation to all other preferred stock, whether curently
outstanding or issued at a future date.
10. Conversion.
(A) The Preferred Shares shall be convertible at any
time at the option of the holder or holders, in whole or in part, into ten
shares of Common Stock (the "Conversion Rate"), subject to appropriate
adjustment as provided herein.
(B) At such time as the Corporation has completed a
secondary public offering registered under the Securities Act of 1933, as
amended, which raises not less than fifteen million dollars ($15,000,000) in
gross proceeds (not including proceeds raised from the exercise of currently
outstanding option or warrants) and has listed its Common Stock on the New York
Stock Exchange, American Stock Exchange or the facilities of NASDAQ - National
Market each outstanding Preferred Share shall be automatically converted into
ten shares of Common Stock, subject to appropriate adjustment as provided
herein.
(C) Each Preferred Share shall be convertible at the
office of the transfer agent for the Preferred Shares, if any, at the offices of
the Corporation or at such other office or offices as the Board of Directors of
the Company may designate. The Corporation shall promptly issue a certificate(s)
representing the Common Stock to be issued upon the conversion of the Preferred
Shares. A person presenting Preferred Shares for conversion shall be deemed to
be the owner of the Common Stock issuable upon such conversion as of the date
Preferred Shares are presented for conversion.
(D) The Corporation shall not be required to issue
fractions of shares of Common Stock upon the conversion of Preferred Shares. If
any fraction of a share would, but for this restriction, be issuable upon the
conversion of Preferred Shares, in lieu of delivering such fracitonal share, the
Corporation shall pay to the holder of the Preferred Shares to be converted an
amount in cash equal to the same fraction times the fair market value of the
<PAGE>
Common Stock (determined in accordance with Section 11 hereof) immediately prior
to the conversion of the Preferred Shares.
(E) The Corporation shall at all times reserve and
keep available, out of its authorized and unissued stock, solely for the purpose
of effecting the conversion of the Preferred Shares, such number of shares of
Common Stock as shall from time to time be sufficient to effect the conversion
of all Preferred Shares from time to time outstanding.
11. Computation of Fair Market Value. For the purposes of any
computation pursuant to this Certificate of Designation, the fair market value
of the Corporation's Common Stock shall be deemed to be the average of the daily
closing prices of the Corporation's Common Stock for the thirty (30) consecutive
business days commencing forty-five (45) business days before the date of the
relevant event, e.g., the conversion of the Preferred Shares. For purposes of
this Section 11, the closing price for each day shall be the last sale price of
the Corporation's Common Stock on the principal exchange on which the Common
Stock is then trading, or if the Corporation's Common Stock is not traded on an
exchange or on the NASDAQ-National Market, the average of the bid and asked
prices as furnished by any New York Stock Exchange member firm selected from
time to time by the Corporation for such purpose, or if no such bid and asked
price can be obtained from any such firm, the fair market value of one share of
the Common Stock on such day as determined in good faith by the Board of
Directors of the Corporation.
12. Other Matters. Except as provided herein or provided by law, the
holders of Preferred Shares shall not have any other rights.
[THE REMAINDER OF THIS PAGE WAS INTENTIONALLY LEFT BLANK]
<PAGE>
IN WITNESS WHEREOF, the undersigned has executed this Certificate this
18 day of June, 1998.
YOU BET INTERNATIONAL, INC.
By: /S/ DAVID M. MARSHALL
----------------------------------------
President and Chief Executive Officer
<PAGE>
CERTIFICATE OF AMENDMENT
OF
CERTIFICATE OF INCORPORATION
OF
CONTINENTAL EMBASSY ACQUISITIONS, INC.
(PURSUANT TO SECTION 242)
Continental Embassy Acquisitions, Inc., a corporation organized and
existing under and by virtue of the General Corporation Law of the State of
Delaware,
DOES HEREBY CERTIFY:
1ST: That at a meeting of the Board of Directors of Continental Embassy
Acquisitions, Inc., resolutions were duly adopted setting forth a proposed
amendment of the Certificate of Incorporation of said corporation, declaring
said amendment to be advisable and advising the stockholders of said corporation
for consideration thereof. The resolution setting forth the proposed amendment
is as follows:
RESOLVED, that the Certificate of Incorporation of this
Corporation be amended by changing the Article thereof numbered "FIRST"
so that, as amended said Article shall be and read as follows:
FIRST: The name of this Corporation shall be:
YOU BET INTERNATIONAL, INC.
2ND. That thereafter, pursuant to resolution of its Board of Directors,
the stockholders of said corporation approved this amendment in accordance with
the General Corporation law of the State of Delaware wherein a majority of the
shares as required by statute in favor of the amendment.
3RD. That said amendment was duly adopted in accordance with all
applicable provisions of the General Corporation Law of the State of Delaware.
IN WITNESS WHEREOF, said Continental Embassy Acquisitions, Inc. has
caused this certificate to be signed by Glen R. Ulmer, its President and
Secretary, this 6th day of December, 1995.
By: /S/ GLEN R. ULMER
----------------------------------
Glen R. Ulmer, President/Secretary
<PAGE>
CERTIFICATE AND ARTICLES OF MERGER
OF
CONTINENTAL EMBASSY ACQUISITIONS, INC.
A UTAH CORPORATION
INTO
CONTINENTAL EMBASSY ACQUISITIONS, INC.
A DELAWARE CORPORATION
THE UNDERSIGNED CORPORATION DOES HEREBY CERTIFY:
FIRST: That the name and state of incorporation of each of the
constituent corporations of the merger is as follows:
NAME STATE OF INCORPORATION
Continental Embassy Acquisitions, Inc. Utah
Continental Embassy Acquisitions, Inc. Delaware
SECOND: That a plan of merger between the parties to the merger has
been approved and adopted, certified, executed and acknowledged by each of the
constituent corporations in accordance with the requirements of subsection (c)
of Section 252 of the General Corporation Law of the State of Delaware.
THIRD: The name of the surviving corporation of the merger is
Continental Embassy Acquisitions, Inc., a Delaware corporation.
FOURTH: That the Certificate of Incorporation of Continental Embassy
Acquisitions, Inc., a Delaware corporation, shall be the certificate of
incorporation of the surviving corporation.
FIFTH: That the executed plan of merger is on file at the principal
place of business of the surviving corporation. The address of said principal
place of business is 311 South State Street, Suite 460, Salt Lake City, Utah
84111.
SIXTH: That a copy of the plan of merger will be furnished on request
and without cost to any stockholder of any constituent corporation.
SEVENTH: The authorized capital stock of the Utah corporation which is
a party to the merger is as follows:
------------------------- ------------- ----------------- ---------------------
CORPORATION CLASS NO. OF SHARES PAR VALUE PER SHARE
------------------------- ------------- ----------------- ---------------------
Continental Embassy Common 500,000,000 $.001
Acquisitions, Inc.
------------------------- ------------- ----------------- ---------------------
EIGHTH: The Plan of Merger shall be for the Utah corporation to be
merged into the Delaware corporation and the 515,000 outstanding shares of
common stock of the Utah corporation shall be automatically converted on a share
for share basis into shares of common stock of the Delaware corporation. The
1,000 shares of common stock of the Delaware corporation presently outstanding
shall be canceled in the merger.
<PAGE>
NINTH: The Utah corporation has 515,000 shares of common stock
outstanding, of which 284,469 (55.2%) shares voted in favor of the merger and no
shares voted against the merger. The Delaware corporation has 1,000 shares, of
common stock outstanding all of which were voted in favor of the merger.
CONTINENTAL EMBASSY ACQUISITIONS, INC.,
a Delaware corporation
By:/S/ GLEN R. ULMER
-----------------------------------
Glen R.Ulmer, President and Secretary
CONTINENTAL EMBASSY ACQUISITIONS, INC,
a Utah corporation
By /S/ SUZANNE SULLIVAN By: /S/ GLEN R. ULMER
-------------------- ---------------------------------
Suzanne Sullivan, Secretary Glen R. Ulmer, President
<PAGE>
CERTIFICATE OF INCORPORATION
OF
CONTINENTAL EMBASSY ACQUISITIONS, INC.
FIRST: The name of this Corporation shall be:
CONTINENTAL EMBASSY ACQUISITIONS, INC.
SECOND: Its registered office in the State of Delaware is to be located
at 1013 Centre Road, in the City of Wilmington, County of New Castle 19805 and
its registered agent at such address is Corporation Service Company.
THIRD: The purpose of the corporation shall be:
To engage in any lawful act or activity for which corporations may be
organized under the General Corporation Law of Delaware.
FOURTH: The total number of shares of stock which the Corporation shaIl
have the authority to issue is:
Fifty One Million (51,000,000) shares divided into Fifty Million
(50,000,000) common shares with a par value of One-Tenth of One Cent
($.001) per share and One Million (1,000,000) Preferred shares with a
par value of ($.001) per share.
The Board of Directors is authorized, subject to limitations prescribed
by law and the provisions of this Article, to provide for the issuance
of the shares of preferred stock in series, and by filing a certificate
pursuant to the applicable law of the State of Delaware, to establish
from time to time the number of shares, to be included in each such
series, and to fix the designations, powers, preferences and rights of
the shares of each such series and the qualifications, limitations or
restrictions thereof.
FIFTH: The name and address of the incorporator is as follows:
Thomas G. Kimble
311 South State, Suite 440
Salt Lake City, Utah 84111
SIXTH: The Board of Directors shall have the power to adopt, amend or
appeal the by-laws.
SEVENTH: No director shall be personally liable to the Corporation or
its stockholders for monetary damages for any breach of fiduciary duty by such
director as a director. Notwithstanding the foregoing sentence, a director shall
be liable to the extent provided by applicable law, (i) for breach of the
director's duty of loyalty to the Corporation or its stockholders, (ii) for acts
or omissions not in good faith or which involve intentional misconduct or a
knowing violation of law, (iii) pursuant to Section 174 of the Delaware General
Corporation Law or (iv) for any transaction from which the director derived an
improper personal benefit. No amendment to or repeal of this Article Seventh
shall apply to or have any effect on the liability or alleged liability of any
director of the Corporation for or with respect to any acts or omissions of such
director occurring prior to such amendment.
<PAGE>
IN WITNESS WHEREOF, the undersigned, being the incorporator
hereinbefore named, has executed, signed and acknowledged this certificate of
incorporation this 10th day of November, 1995.
/S/ THOMAS G. KIMBLE
------------------------------
Thomas G. Kimble, Incorporator