14
<br />Tren�-.nrer, note% ithstanolinng that he may have ceased to)
<br />he the 'monsnr�_�r of the Con"l,<tnY at the tinge When said
<br />fief,.,, ,mull 1, nM,inpv authenticated and delivered. All
<br />of said notes, executed by the Company, shall be,
<br />delivered to the 'Trust Company to he authenticated by
<br />it, nud the 'Crust C'ontpany shall anthonticate and de-
<br />liv(qr the sane only as Provided in this Article.
<br />)ulv isrich notes as shall bear thereon the certificate
<br />of the 14-tist Company, dale siguecl, shall he secured by
<br />this Indenture, or entitled to any lien or benefit here -
<br />nnder; and such certimente of the 'Trust Company, upon
<br />nny- such note. executed on behalf of the C'otnpau�- shall
<br />he conclusive evidence that the note so authenticated
<br />has been duly issued hereunder, and is entitled to the
<br />benefits of the trust hereby created. The aggregate
<br />amount of all the notes which may be issued and out -
<br />standin- tinder this Indenture shall not exeeed One Mil -
<br />liotd Six Ilnttdred Thousand Dollars ($1,600,000).
<br />Before delivering any note tinder any S'ection of this
<br />Article the '.trust C'onipanY shall detach therefrom nud
<br />cancel all matured interest coupons.
<br />SE(% 2. Pending; the preparation of the permanent
<br />notes to be issued under and seemed by this Indenture,
<br />the ComPnny tune execute and deliver a type«-ritten or
<br />printed note or notes, without coupons, hearing inter-
<br />est at six 1wr (cntum Imm ,iunutu from April 1, 1'.)14,
<br />slibstniltinl1v of the tenor of the, notes hereivaboye re-
<br />eibid, ill ntn +mnnits of (hie hundred Dollars (:{100), or any
<br />multiple thereof. Any such temporary note or cotes shall
<br />he alitlieuticated by the Trust Wimny in the same man-
<br />ner as the notes hereinnbove described, and such nutheu-
<br />tication shall be conclusive evidence that the temporary
<br />note or notes so authenticated have been dnlY issued under
<br />15
<br />this lndcntnre, and that the Bolder or folders there"
<br />are entitled to the henelits of this trust. 511,11 tomporar�
<br />note or notes issneol and authenticated as aforesaid shall
<br />be ex0mugm0k 16N" Mt eXpense to the holder, for per-
<br />manent notes to be issued under and secured by this In-
<br />denture, and upon nny sneh exchange said temporary note
<br />or notes shall be forthwith cancelled by the 'Trust C'otn-
<br />pany and dehvere(l to the Contpany for destruction. Un-
<br />til so exchanged, said temporary- note or notes shalt be
<br />in alt respects entitled to the lied and securRy of this In-
<br />denture as notes issuecl and authenticated ]tere"nder.
<br />Without unnee c ssary delay, the Company mill execute
<br />and wilt fin uish sad It permanent, notes to be exchanged
<br />for said tengwrary note or notes upon surrender of such
<br />temporary note or notes to the 'Trust CompareY.
<br />Ste, 3. 'totes to the aggregate principal amount of
<br />Two Hundred and Forty Thousand hive lltmdred Dollars
<br />($240,500), ill such denon'imtt'O" as ntaY be specified in
<br />the order liereimfter mentioned, shall forthwith be ex-
<br />ecuted t��- the Couipau�-, turd dehvercd to the 'Trust Com-
<br />pany for authentication, and the 1'ruat Company- •hall
<br />( without awaiting the recordin of this Indent"re) au-
<br />tttcnticate and deliver the smite "Poll the order of the
<br />Ccnnpany, sigued by its President or \"ice- President, and
<br />it Secretary- or _Assistant SeeretarV, without auk obli-
<br />gation oil the Part of the Trust ColupanY to see to the
<br />use or application of .snid notes or their proceeds.
<br />�;��. t. 1'��nr Llnudred and Nine Thousan(t five Ill"`
<br />dred Dollars ('1;409,500), Par value, of the notes secured by
<br />this ludeutnre shall he from time to time executed by the
<br />Company 111(1 delivered to the Trust ComPony, nud the
<br />Trust C omP my shall autheut"ate and deliver the same
<br />Prong time to tine npoll the order of the Company-, signed
<br />
|