PART IConversion or Redemption of New Three per Cent Stock

3Mode of signifying dissent

(1)

Dissent from the conversion of new three per cent. stock into new stock shall be signified to the Bank in writing, with the amount of the stock to which the dissent relates.

(2)

The dissents shall be entered in books kept by the Bank for that purpose, and be numbered in the order in which they are received by the Bank.

(3)

The transfer of any stock to which a dissent relates shall be subject to the prescribed conditions, and shall be entered in the books of the Bank under the same number as was fixed for the stock when the dissent was so signified.