HomeMy WebLinkAbout1237jr'[ f t f:i.~ ~.
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E.ac'rt irt:~ividsial horrci i~: e~,t~t SNrfa~ ;i~sit~n~t~d I1
shall lie dF14~1~ t~s of its dElt~ c"~t ~58!?~ ~Btd shah hr~a;
in±.rrest frame that date at thy: rate of seven and ctne-~
faarrth per c.e~~t ; ~~~) f~er artsti~~t p.~4~l~ie se*~i-artri~:~.l ly
an aorta 1 «rtc; ~e.c:e~h€r 1 in eaCit y~€~r u~rt! l tYie princi-
~ai t.her~eof shall h~eo:~e du€~ arzci Y;~~yat~l~. Each such;
;~-~riQS i~ ha:td shati rat~ti.+r°~ cr3 i+.s t-~=s~~ctivP d~t~ of
iss,.~ dLring ttte Calgr3d~r year l~`ji,
Y:aCh i=.sdividuai L•t+s;d in tttr~t ~e.rq$~ ctef~iclnat.e~9
stte 1 i ue cIr t ed ax cf its date of issue c~;tu ;n~~ i i k~e~+r
!r=terest fro>+t that- d:~te at ti:~= rat€~ t?f seven ertd c~rte-
ht~lf peer cer:t ;"r'~~~ p€s artrtu.~tt pa~~hlc~ °e~i-~anrtc;al"ay sir
J-in~ l r+r=ci 13eCe~;t;er 1 in ~"€~s.i; year ur~tf i fire ~rinr,i~r~l
therec.f shall. hecc~r~e dui vr~d paya2~ie. ~!tc?t s~aeit series
L,c~,td shal? rrai.ur~ cart its respes.~t~ve dat.£ ef" i:~sue c~zerirt~
ttte cai en:i~ r y~r~~ r i~7i~.
Each irt~iivid~:al i:ond in thQt series dPvi~rtat~d
r==gall be dated as ttf its rlF3te of issue and shah Lear
irtteres~t frc~~ that Mate at tic2~ rate of s~vert 7r.ci orte-
h~lf per aet?i ('aj~) per annus~; ct~iyuJ:le se~i~annualiy on
aurae 1 a;r.d 17eC~=,,es~ 1 in each year ustti l the prirtcis~a
titer-~of shrill 1~ecc~te clue attd payr:hlc, ~~,ch s::Ch 5tr~ie5 F
hcr;td shell Mature ar= its respective Clete of iss-.e c'u:'ink
tt~e Cal ends; y€~ r iC/ i .
~`ach inc?ividusl 2aaz:d fri t;trt 5=~r~i~s dt=si~r.uteci t3
sia~il h~_ datrci Fxs of its c,Eit:- of issue astd sh~ii bet~r
ir~te:est frasr~ titai dote at the rats of seven ar,c~ c~rze«lt~ii
~?r Cent ~ 7~~a ? per anrt?;s~'r± p~yah ! e @ez~i -~nrtt~a 1 ly s;n ,)ttt~e 1
astd IieCe~.h~r 1 in eact3 year urtti 1 rte nrir:c'ii4al th~zeCf
sh~l i h~Ca~te cie~e ane~ pr~yahlg. .~rh such series G he~rtd
st~sl'. r~atur~_ rirt its rgsl~e ti Je =date af" i asuf~ cturinc~ the
Ca 1 en~~a r yea r ii37~~
~:ucr~ irsdividu~~i b~srtc~ in ttrat :~Qr:c=s ~~iesi ~rE-~S~esl 11
sr«ilI ?-e dated as of its .gate cf ias~.~e a,t:i sit~ll h~-~r
interest frC+?~ that d~t,~ at tr'~.~ rr-.te r~~' ,~-~rati s±:d thr~^e«
p ~ t~ `
~4till tlts ~3~'r C`--11t ~'j j.ft~/ ~=Eir `r14~1'it~,'#x ~c".tftiCil~ ~€At~,""~T?i"dt~u! 1y
cyst .~=rte l ar:d lisce~i:czr i in ~aCh year t:.;til tY~e fsrlrtcfl;al
tl-ie5 eaf ~ttaii be;.~r:~. ci-aa end ~aya~l~:. f~.•,~s•-t scCl? ~erirs 1
?san~~i shall t~a~.air-a an it re~,;~:cti~•~ d~t~ ~f fssu~ t:t€ririt,~
the Cale:tti~.r yea..- 1~sEj'.
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