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This excerpt taken from the BBBY 8-K filed Jul 1, 2009. Section 5. Cancellation
of Certificates. Each
certificate for shares to be canceled shall be marked CANCELED across the
face thereof by the Secretary, with the date of cancellation, and the
transaction shall be immediately recorded in the certificate book opposite the
memorandum of issue. The canceled
certificate should be inserted thereafter in the certificate book.
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