Paragraph 33

The holders of stock shall, according to the amount of the stock held by them, have the same rights, privileges, and advantages as regards-dividends, voting at meetings of the company, and other matters as if they held the shares from which the stock arose, but no such privilege or advantage (except participation in the dividends and profits of the company) shall be conferred by any such aliquot part of stock as would not, if existing in shares, have conferred that privilege or advantage.