3

IN WITNESS WHEREOF, the parties of the first part
have hereunto set their hands and seals, this the 8 day
of November, 1952.
C. C. Carter (SEAL)
Margaret Edna Carter (SEAL)

NORTH CAROLINA
ALAMANCE COUNTY

I, R. E. Harden, a Notary Public
in and for the aforesaid County and State, do hereby certify that
C. C. Carter, and wife, Margaret Edna Carter, of Alamance County
North Carolina, appeared before me this day and acknowledged the
due execution of this Option for the purposees therein expressed.

Witness my hand and notarial seal, this the 8th
day of November, 1952.
R. E. Harden
Notary Public
My Commission Expires July 15, 1954

[Handwritten in blue ink:]
I hereby assign & transfer
this option to J. W. Coltrane
for the consideration of the
agreement which he is signing
in my favor this day.
Nov 26, 1952
C. L. Shoffner

Witness
W. L. Shoffner
Miles Q. Smith