CERTIFICATE OF AMENDMENT
OF THE CERTIFICATE OF INCORPORATION OF
COMMUNITY HOME MORTGAGE CORPORATION
Under Section 805 of the Business Corporation Law
WE, THE UNDERSIGNED, Ira Silverman and Daniel Silverman, being the president and
the secretary respectively of Community Home Mortgage Corporation, hereby
certify:
1. The name of the corporation is Community Home Mortgage Corporation. The name
under which the corporation was formed is Esquire Funding Group, Inc.
2. The certificate of incorporation of said corporation was filed in the
Department of State on the 12th day of December, 1988.
3. (a) The certificate of incorporation is hereby amended to increase the number
of shares which the corporation is authorized to issue from 1,000 shares of
common stock (no par value) and 1,000 shares of preferred stock (no par value),
to 20,000,000 shares of common stock (par value $.01 per share) and 1,000,000
shares of preferred stock (par value $.01 per share).
(b) To effect the foregoing changes, Article Fourth, subdivision (a), which sets
forth the aggregate number of shares ,which the corporation shall have authority
to issue, the division of such shares into classes, and the par value of the
shares in each class, is hereby deleted in its entirety and replaced with the
following Article:
Fourth: (a) The aggregate number of shares which the corporation shall have
authority to issue is 21,000,000 shares, consisting of 20,000,000 shares of
common stock, par value $.01 per share, and 1,000,000 shares of preferred
stock, par value $.01 per share.
This amendment to the certificate of incorporation of Community Home Mortgage
Corporation provides for a change of shares as follows:
Issued Shares: The amendment provides for a change of 500 issued shares of
common stock, no par value. Resulting from the change are 500 issued shares of
common stock, par value $.01 per share. The ratio of change is 1 for 1. The
amendment provides for a change of 142 issued shares of preferred stock, no par
value. Resulting from the change are 142 shares of preferred stock, par value
$.01 per share. The rate of change is 1 for 1. The terms of the change are that
the stockholders shall exchange their certificates for new certificates
indicating the new capitalization of the corporation.
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Unissued Shares: The amendment provides for a change of 500 unissued shares of
common stock, no par value. Resulting from the change are 19,999,500 unissued
shares of common stock, par value $.01 per share. The rate of change is 39,999
for 1. The amendment provides for a change of 858 unissued shares of preferred
stock, no par value. Resulting from the change are 999,858 unissued shares of
preferred stock, par value $.01 per share. The rate of change is 1,165.3356 for
1.
4. The foregoing amendment was authorized in the following manner: by the
unanimous written consent of the board of directors followed by the unanimous
written consent of all shareholders entitled to vote.
IN WITNESS WHEREOF, we: have signed this certificate on the 3rd day of
November 2000.
IN WITNESS WHEREOF, we have signed this certificate on the 3rd day of
November 2000 and we affirm the statements contained therein as true under
penalties of perjury.
/s/ Ira Silverman
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Ira Silverman
President
/s/ Daniel Silverman
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Daniel Silverman
Secretary
