NAWSA GENERAL CORRESPONDENCE Searchlight Publishing Co. For Value Received, _____ hereby sell, assign and transfer unto __________________________________________________________ shares of the Capital Stock represented by the within Certificate, and do hereby irrevocably constitute and appoint ___________ Attorney to transfer the said Stock o the books of the within named Company with full power of substitution in the premises. Dated _____________ 19__ In presence of _________________________________________________ The Searchlight Publishing Company Incorporated Under the Laws of The State of Delaware Number 101 1 Shares Authorized Capital Stock, $175,000 Common Stock, $100,000 Preferred Stock, $75,000 This is to Certify, that Alice Stone Blackwell is the owner of One shares of the Preferred Stock of The Searchlight Publishing Company transferable only on the books for this Corporation in person or by Attorney upon surrender of this Certificate properly endorsed. The holder of the preferred shares shall be entitled to receive from the surplus or net profits arising from the business of the Corporation cumulative dividends equal to, but not exceeding, seven per centum (7 per cent.) per annum, payable semi-annually on dates to be fixed by the Board of Directors, before any dividends are paid to or set apart for the holders of the common shares. The holders of the preferred shares shall enjoy no voting privileges. Any stockholder desiring to sell or dispose of his shares of stock shall first offer them in writing to the Board of Directors at the market price prevailing at the date of the offer. The Board of Directors shall have thirty (30) days after notice within which to exercise its option to purchase the said shares, In the event of a disagreement as to the price of shares, which the Board of Directors elects to purchase from a stockholder desiring to sell, the price thereof shall be fixed by two disinterested parties, one appointed by the Board of Directors and one by the stockholder. In the event the arbitrators can reach no decision, they shall appoint a third party to act as umpire and he decision of the umpire shall be final and conclusive as to the price the Board of Directors shall pay for the shares offered to them. If the Board of Directors fails to exercise its option to purchase the shares within the said thirty (30) day period, all restrictions on the transfer of the shares shall elapse and the shares may be sold and transferred to any purchaser. In Witness Whereof, the said Corporation has caused this Certificate to be signed by its duly authorized officers and its Corporate Seal to be hereunto affixed this 16th day of Aug. A.D. 1920. Lynn Haines Secretary James McGill President SHARES 10 EACH THE SEARCHLIGHT WOODWARD BUILDING WASHINGTON, D.C. 55 December 22, 1921 Miss Alice Stone Blackwell, 3 Monadnock St., Dorchester, Mass. My Dear Miss Blackwell: I am enclosing this a stock certificate which I thought had been sent you some time ago. I regret exceedingly this delay but supposed our former Business Manager and attended to these things. You will be glad to know, I am sure, that while the financial problems of the Searchlight are not entirely settled we feel that they are well on the war toward solution. The increasing interest of people throughout the country in Governmental affairs undoubtedly has something t do with renewed interest in the publication. We are particularly hopeful that this coming year will see our deficits well on the way toward being cleared up and the Searchlight subscription list increased at least 25%. Sincerely, L.B. Haines DBH/KFM Transcribed and reviewed by contributors participating in the By The People project at crowd.loc.gov.