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Dirocbots ~ tLe Company, sball vontain suitable pro
'visions with respect
to the matteza het+einafter in this Sa~iaa spociGed. Bonds of tLe larentieth
, ~ shall mstnm oa Juna 1, 1998, and shall ~ be issuod as fully ~ed
bonds in deaaminations of One Zhousand Dollars and, at tbe option oi
the Company, in any muitiplo or mnltiples of One Thoosand Dollats
(the e~~ercise of such option to be evidenood by the eaecution and d~livery
thereof); they shall bear interest at the rate of seven per centum (796 )
pcr annum, payable semi-annually on December 1 and June 1 of each year;
tl~o principal of and int~rest on each said bond to be payable at the o8'icx
or agency of thc Company in thc Borough of Manhattan, The City of New
York, in such coin or currency af t~ Unitod States of America as at th~e
time of payment is legal teadcr for public and private debts. Bonds of the
1~ventiexh Series sball be dated as in Section 10 of the Mortgage pravided.
(I) Boads of the 'I~veatieth Series shalt be r~able cither at t}~c
option of the Company or pursu~t to _ thc requir~ments of the Mortgage in .
whole at any time, or in part from time to time, prior to maturity, upon notice, -
as provideci in Soction 52 of the Mortgage, mailed at least thirty (30) days
priar to the date fixed for rodemption, at the following general redemption
pric~s, eap~ in peraentsgcs of the principal amount of the bonds to be _
redoean~ed.
GBtvBx~ RauaMrTtox Pxtc$s
If rodcemod during 12 months period ending May 31,
1969........109.2S9b 1979........106.0796 1989........102.88%
1970........ 108.9496 1980........ 105.7596 1990........ 102.5696
1971........ 108.6296 1981........ 105.4396 1991........ 102.24%
1972........ 108.3096 1982........ 105.1196 1992........ 101.929'0
1973........ 107.989b 1983........ -104.79% 1993........ 101.60%
1974,.......107.669b 1984........104.47~ 1994........101.2896
1975........107.3496 1985........104.159b 1995........100.9696
1976........ 107.0296 1986........ 103.83 96 1996.. 100.6495
~ 1977........106.70°% 1987........103.51~0 1997........100.3396
1978........106.3896 1988........103.19~0 1998........100.0096 -
i in ea~ch case, together with accrued interest to the date fiaed for redemption;
provided, however, that none of thc bonds of the Twentieth Series shall bc
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