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HomeMy WebLinkAbout2709 .a.~,.._._ . . . - . . ~ ARTICLE I. . Ssa*ss L Boxns SECriox 1. There shall be and is hereb~• created a series of bonds entitled "First Mortgage Bonds, Series L" (hereinafter sometimes referred to as "Series L bonds" or '~bonds of Series L''). Series L bonds shall be coupon bonds of the denominution of $1,000 each, regis- trable as to grincipal, and fully regisiered bonds without conpons of the denomination of $1,0U0 and multiples thereof. The conpon bonds of Series L and the registered bonds of Series L issued pnrsnant to - Section 7 of this Article I ahall be dated November 1,1969. Other reg?'is- tered bonds of Series L without coupons shall i~e dated as pravided in Section 12 of the Original Indenture. All Series L lwnds shall matnre November 1, 1999 and shall bear interest at tlie rate of nine and one-quarter per cent. (91/~%) per annnm from their respective dates, such interest to be payable semi-annually on• the first day of May and the firat 3ay of November in each year. Both the principal of and the interest on bonds of Series L shall be psyable at the office or agency of the Company in the City of Chicago, Illinois, in lawfnl j money of the IInited States of America. The tegts of the cougc~n and ~ fnlly registered bonds oF Series L, the Trnstee's certificate with ~ respect to Series L bonds and - the conpons appertaining to Series L ~ conpon bonds shall be respectively snbstantially of the tenor and pnrport hereinbefore set forth. Anything contained in Section 16 of the Original Indenture to the contrary notwithstanding, the Series L bonds may be engraved, litha - graphed or printed on steel engraved borders, and sball be eaecnted on behalf of the Companp in its corporate name with the mannal or facsimile signatnre of its President or one of its Vice Preaidents under its corporate seal attested by the manual or facsimile sigu~tnre of its Secretary or one of its Assistant Secretariea. Snch seal mag be in the form of a facsimile of the Company's seal and may be imprinted or impressed upon the Series L bonds. In case any of the officers who shall have signed or sealed any of the Series L bonds shall cease to be snch officer or officers of the Company before the $eries L bonds so signed or sealed shall have been authenticated or delivered ~ by the Trnstee or issued by the Company, such Series L bonds may, nevertheless, be authenticated, delivered and issued and, npon snch ~ <<uthentication, delivery and issue, shall l,e a5 Uinding upoii the Com- pany us though those who signed and sealed the same had contirined to BOOK ~~10 PACE ~~~U . . _ - - - . _ _ - ~ : ~ - - - p ~ ~ ~ - . .