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ARTICLES OF AMENDMENT TO THE ARTICLES OF INCORPORATION
OF
LUDLUM CONSTRUCTION CO., INC.
Pursuant to the provisions of the Florida Statues, on October 24, 1997 all of
the directors and shareholders of Ludlum Construction Co., Inc., a Florida
corporation (the "Corporation"), adopted the following resolutions by written
consent:
RESOLVED: That the number of authorized shares of
common stock of the Corporation should be
increased to ten million (10,000,000), $0.01
par value per share, one (1) of which is
designated "Class A" and nine million, nine
hundred ninety nine thousand nine hundred
ninety nine (9,999,999) of which are
designated "Class B".
RESOLVED: That the Articles of Incorporation as filed
with the Florida State Department should be
amended to reflect the foregoing resolution.
RESOLVED: That the President of the Corporation is
authorized to take any and all action
necessary in order to reflect the change in
authorized capital of the Corporation.
NOW THEREFORE, in accordance with the foregoing resolutions, the first sentence
of Article III of the Corporation's Articles of Incorporation is deleted and the
following inserted in its place:
ARTICLE III. CAPITAL STOCK
The total number of shares of all classes of stock which the
corporation has the authority to issue is ten million
(10,000,000) shares of common Stock, $0.01 par value per
share, one (1) of which is designated "Class A" and nine
million, nine hundred ninety nine thousand nine hundred ninety
nine (9,999,999) of which are designated "Class B".
IN WITNESS WHEREOF, the President of the Corporation has executed and submitted
this instrument this 24th day of October, 1997.
/s/ Noah W. Ludlum Jr. (Pres)
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Noah W. Ludlum Jr., President
