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HomeMy WebLinkAbout1928 ~ - . ~ • . . • ' . . . _ . ' ~ _ .i • t. ~ . • , . . ~ , . _ _ , ~ . ~ , _ . ' . . ' ' • - ' . ~ ' ' . - • . • . , . • ~ . : • ~ _ . . : ' - . . ~ ~ . . . , ~ . • ~ ' . . . • i ~ ' ' _ Y ~ • . ' . , • . ' • ~ ' , , ' ~ • • . ~ - " . . ~ . . . . ~ ' ~ . . . . . . i 1 1 • . . . . . ' ~ ~ • • ~ ) . . . ~ - . ~ , • . . ` ` . . ~ - ~ . . . . - ~ signed by the Preeideant or a V3+oe Preeident oi the Compaay :?nd s P~~B aooountant (who ehsll be appoiatied .by the Ba?rd o! Di• ~ ` rectors and be sstisiaatory to the Trastse). ~ On or be~ore the flrst day of May ia eaah o! the~yeara 1966-1968, ~ both inolasive, so long aaa~ any bonda of Beries H ars outatanding unde.r the Indentnre, the Company sh~?li deliver . t~ ~th~ Trustse a _ ~inking FQad CertiBcste ior 8eriee H~oada showing the sinking - fand psyment ior that year snd the manner in nLiah the Compaay ~ eleats to satis~Y s~? einl~8 fnnd PsYment The Compuny ~ail oon ~ currently ~vith the delivery to the Trnetee of suoh oerti8oste, deliver to the Trastee the onsh, bonds and certi8c~tee neoeeeary to sati.sfp . ~ ~ ~ - ench ain~dng fnnd psymeat in the mariner eleated by the Company. ~ ~ Na untanded net prnperky additiona eball be eerti$ea to eatisly . . nny s~nldng fund psyment prouranaat to the provisions of tLie Seetion . unlesa there aball be deliverecl to the Trusbee with saQh ~in}~ing . l~nd Certiflaate for $eries H bonda the applicable oerti$eates, opi~ - ~ ion of counsel, i~nstra~ente and casb, if an.Y~ ~ P~P~ - . ' - (3), (4), (5), {7), I8) and {9) of ~ection 26 ai the Original Indentare : (eselnsive o! snc~h parts ot the opiaion oi connsel aa relat~a soiely to ~ the anthoriz~tion oi the isenanoe of bonda by governmentsl authori . tiee and by the ComPanY) ehowing tliat the Compsny has unfnnded net prnperty additions eqnal to ~he amonnt eo oertiSed. - ~ ~ Bonde oi Series H to be redee~ued for ainlcing fuad ~nsposes ehall - be redeemed in aooordence with the prnvisiona of Article IS of ths~ OriginalIadeatare. - - ~ Anp einkin8 fm~d ~u~h reimining ~rith the Tn~stee a~ter ~tny anah . ~ ~ redwnption (soah aash b~ing herein caUed ue~ess caah"j shall oon- ~ ~ ~ tinne to be held in trast by the Trnstee. IIntil there aha11 ~?ve bem? ~ - the fnrther depo~.t oi ain~Cing fnnd r~sah w?ith the Trnstee, s~h ezc~ , eseh m~y be used by the Traatee to pnmhase ia the epea~ market at • the din~etioa oi tbe Company bonde ot $erieir H at a pri~oe not greatsr ~ than the priaaipal smonat thereoi aad aocraed interest st the date ~ oi pni+c~sse~, Any anQh ez~oesa eaah ramsining on ~ depoeit ~eith the ~ Trast~ee st the time of a sabseqneat de~weit of siWring fand casi? witb ; the Trnatee ahall be ezLanated insotar aa p~sible ior the redemption s S 1 ot 8eries H bonds pnrsuant to thia Sec~on, . ~ . . ' ~ ~ ~ ~ . ~ ~ ~ ~ ` " ~ i ~ ~ - . . • . . ~ ' . . _ : : ~ ~ . , . r~~c~25 . 1 ' ~ ~ i ~ ' ~ ~ . ~ . . . j . . . . . - .