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Said emulation is organized exclusively for charitable, religious. educational, and scientific purposes, including, for such purposes, to making of distributions to organizations that qualify as exempt organizations under the section SGI (c) (3) of the Internal Revenue Code, or corresponding section of any future:federal tax code. The business activity for said organization lS OS follows: Homeless, handicapp and Old Age homes Internal Revenue Code, or corresponding section of any future federal tax code, or shell be distributed to the federal government, or to a state or local government, for a public purpose.
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