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It is also understood and agreed that if Burroughs & 

 DeBlois are unable to obtain consent of three-fourths in 

 amount of the shareholders within thirty days from date, or 

 if Burroughs & DeBlois are unable within said period of time 

 to make a definite and "binding acceptance of the terms of ex- 

 change herein agreed to "by the holders of shares, then all 

 obligations assumed "by the parties who have affixed their sig- 

 nature hereto, shall cease and determine, and Burroughs & 

 DeBlois shall he relieved from all liability to make the ex- 

 change described, but if Burroughs & DeBlois shall within said 

 period of thirty days obtain assent to above terms of exchange 

 by three-fourths in amount of the shareholders and make defin- 

 ite acceptance thereof, then the holders of shares who have 

 signed this agreement, agree that they will execute formal 

 agreements to deposit their shares and to receive in exchange 

 the new securities above described in the proportions indicated. 

 Ill WITIESS WHEPvEOP we have hereto subscribed our names. 



Present Stock 

 Q.M.R.E.Tr. 

 Par Value 



Hew Securities 



Signature 



Bonds 

 Par Value 



Preferred Stock 

 Par Value 



