THEODORE R. MCKELDIN, GOVERNOR 315

be duly advised, authorized and approved in the manner and
by the vote required by the charter of the corporation and
the laws of the state under which organized.

(4) The articles shall become effective as provided in Sec-
tion 62.

64. (Articles of Consolidation. ) (a) In every case of a
consolidation, the articles of consolidation shall set forth the
terms and conditions of the consolidation and the mode of
carrying the same into effect, including:

(1) A statement that the consolidating corporations agree
to consolidate and thereby form a new corporation.

(2) The state under the laws of which the new corporation
is formed.

(3) The name and state of incorporation of each of the
consolidating corporations, and as to each of the consolidat-
ing corporations organized under the laws of another state,
the date of incorporation, whether incorporated under general
or by special law, giving chapter number and year of passage,
if incorporated by special law, and, if the corporation is quali-
fied or registered to do business in this State, the date of its
qualification or registration.

(4) All matters and facts required to be stated in articles
of incorporation other than provisions with respect to incor-
porators.

(5) As to each of the consolidating corporations, the total
number of shares of stock of all classes which the corporation
has authority to issue, and the number and par value of the
shares of each class or a statement that such shares are
without par value, and, in the case of shares having par value,
the aggregate par value of all such shares of all classes.

(6) The number of shares of stock, if any, of each class of
the new corporation to be issued for shares of stock of each
class of each of the consolidating corporations, which number
may be greater or less than the number of shares of the con-
solidating corporations of any or all classes then outstanding;
the manner of converting the stock of each of the consolidat-
ing corporations into stock of the new corporation; and the
nature and amount of any other consideration to be paid,
transferred or issued by the new corporation for shares of
stock of each class of each of the consolidating corporations.

(7) The counties of this State in which are located the
principal offices of each of the consolidating corporations, and
the counties of this State in which any of the consolidating