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WHEREAS, S~ction 8 of the Mortgage provides tha~t the form of each
series of bonds (other than the First Series) issued thereunder shall be estair
lished by Resolution of the Board of Directors of the Company and that the
form of such series, as ~stablished by said Boazd of Directors, shall specify the
descriptive title of the bands and various other terms thereof, and may also
contain such provisions not inconsistent with the provisions of the Mort-
gage as the Board of Directors may, in its discr~tion, cause to be inserted
th~rein expressing or referring to the terms and conditions upon which such
bonds are to be issueci and/vr secured under the 1Vlartgage; and
WH~REAS, Section 12U of the Ivlortgage provides, among other things,
that any power, privilege or right expressly or impliedly reserved to or in any
way conferred upon the Company by any provision of the Mortgage, whether
such power, privilege or right is itz any way restricted or is unrestricted, may
be in whole or in part waived or surrendered or subjected to any restriction
if a: the time unrestricted ar to additional restriction if already restricted,
and the Company may enter into any further covenants, liraitations or restric-
tions for the benefit of any one or more series af bonds issued thereunder,
or the Company may cure any ambiguity contained therein, or in any sup-
plemental indenture, or may establish the terms and provisions of any series
of bonds ather than said First Series, by an instrument in writing executed
and acknowledged by the Company in such manner as would be neeessary
to entitle a conveyance of reai estate to rscord in all af the states in which
any property at the tune subject to the Lien of the Mortgage shall i~e situ~te~;
and
WH~REAS, the Cornpany now desires to create a new series of bonds
and to add to its covenants and agreements c~ntained in the Mortgage
certain other covenants and agreements to be observed by it and to alter and
amend in certain respects the covenants and pravisions contained in the
Mortgage; and
WHEREAS, the execution and delivery by the Company of this Sixteenth
S~pplemental Indenture, and the terms of the boncls of the Seventeentl7 Series,
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