SCHEDULE 1

Table E

Memorandum and Articles of Association of an Unlimited Company Having a Share Capital

Memorandum of Association.

1st. The name of the company is “The Patent Stereotype Company.”

2nd. The registered office of the company will be situate in Gibraltar.

3rd. The objects for which the company is established are “the working of a patent method of founding and casting stereotype plates, of which method John Smith of Gibraltar, is the sole patentee, and the doing of all such things as are incidental or conducive to the attainment of the above objects.”

WE, the several persons whose names are subscribed, are desirous of being formed into a company, in pursuance of this memorandum of association, and we respectively agree to take the number of shares in the capital of the company set opposite our respective names.

Names, Addresses and Descriptions of Subscribers     Number of shares taken by each Subscriber
1. John White of Gibraltar Merchant 3
2. John Brown of “ “ 2
3. Thomas Fielding of “ “ 1
    Total shares taken 6


Dated the _ _ _ day of 19__.

Witness to the above signatures,

A. B., No. 20, Main Street, Gibraltar.

Articles of Association to Accompany the Preceding Memorandum of Association

1. The share capital of the company is two thousand pounds divided into twenty shares of one hundred pounds each.

2. The company may by special resolution

(a) increase the share capital by such sum to be divided into shares of such amount as the resolution may prescribe;

(b) consolidate its shares into shares of a larger amount than its existing shares;

(c) sub-divide its shares into shares of a smaller amount than its existing shares;

(d) cancel any shares which at the date of the passing of the resolution have not been taken or agreed to be taken by any person;

(e) reduce its share capital in any way.

3. The Articles of Table A set out in Schedule 1 to the Companies Ordinance (other than Articles 30, 31, 32, 33, 34, 37 and 38), shall be deemed to be incorporated with these articles and shall apply to the company.

Names, Addresses and Descriptions of Subscribers
1. John White of Gibraltar Merchant
2. John Brown of “ “
3. Thomas Fielding of ” “


Dated the day of 19

Witness to the above signatures,

A. B., No. 20, Main Street, Gibraltar.