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HomeMy WebLinkAbout0864 - _ .T'` _ _ _ _ _ . _ _ - _ - - . ._.~...,X 4 Bonda, 3~fs R6 Series due 1981; bonds of a~eries eatidod and designato~ F'ust Mortg,age Bonds, 3?~fi 9b Series due 1983; bonds of a series entit~ed and desig- nated F'ust Martgagc Bonds, 3~ila % Series due 1984; bonds o# a series entitled and designated First Mortgage Bonds, 3~ °b Scries due 1986; bonds of a series eatided and desigaated F'ust Mortgage Bonds, 4~fa % Series due 1986; bonds of a series entitled and designated First Mortgage Bonds, 4sifa % Series due 1987; bonds of a series entitled and designated First Mortgage Bonds, 4~ifd ~v Serics due 1988; bonds af a series entided and designated First Mort- ga~e Bonds, SRb Series due 1989; bonds of a sceries entided and designated First Mortgagc Bonds, 5~/a % Scries due November 1, 1989; bonds of a series entided and designated First Mortgage Bonds, 4~fs °Yo Series due 1992; bonds of a series entided and designated First Mortgage Bonds, 431a % Series due 1994; bonds of a series entided and designated First Mortgage Bonds, 43l~ g'o Series due 1995; bonds of a series entided and designated First Mortgage Bonds, S% Series due December 1, 1995; bonds of a series entitled and desig- aated First Mortgage Bonds, 6% Series due 1996; bonds of a series entided and designated Fust Mortgage Bonds, 63Ya 96 Series due 1997; bonds of a series entitled and designated First Mortgage Bonds, 7% Series due I998; and bonds of a series entitled and designated F'ust Mortgage Bonds, 796 Series due Deoembar 1,1998; and W~x~~s, Section 8 of the Mortgage provides that the form of cach series of isonds (other than the first series) issued thereunder shall be estab- lished by Resolution of the Boud of Directors of the Company and that the form of such series, as establishtd by said Board of Diroctors, shall specify the descriptive tide of the bonds and various other terms thereof, and may aLso oo~ntain such provisions not inconsistent with the provisions of the Mortgage as the Board of Directors may, in its discretion, cause to be inserted therein expressing or referring to the terms and conditions upon which such bonds are to be issued and/or secured under the Mortgage; and W~xx$~s, S~ecction 1Z0 of the Mortgage provide.s, among other things, that any power. privilege or right eapras.sty or impliodly mserved to or in any - way confen~d upon the Compa.ny by any provision of the Mortgage, whether such power, privilege or right is in any way resbicted or is unrestricted, may be in wLole or in part waived or surrendered or subjected to any restriction if at the time unrestricted or to additional restriction i# already restrictod, and the Company may enter into any further covenants, limitations or restric- tions for the benefit of any one or more series of bonds issued thereunder, or the Company may cure any ambigtuty oontained therein, or in airy sup- - ~ gQ~1'r8 oa~~ s . M _ - .