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AB'IICI~ L
. 1~a~t~-f~ira S~ea ai Do~. . .
SBCriox 1. Thare shaD be a~ of, boada designatod "$'~fi 96 Serka
due 1975", ~herein sometimes referned to aa the "1~iventy-third Series".
each of which . shall alao bear the descriptiv~e dtle F'uat Mortgagie Band,
' and the form thet+~o~ which shall be establishod by Resolution of the Board ~
of Directors of the Company, shall contain suitabb pmviaiona with respoct .
to the matters heninafter in this Section specified. Bonds of the 'Irventy-
~ third Series shall mature on Juty 1,-1975, and shall ba issued aa fully rtgia-
terod bonds in denominationa of One Thousand Dollars and, at the option
of ttie Company, in any multiple or multiples of Ona Thousand Dollara
(tha ta~ercise of such option to be evidenced lyy the execution ancl delivtry ~
thereof they shall bear interest at the rate o~ eight and one-eighth per centum
(8~Yfs 96 ) per annum, paYable semi-annually on January 1 and July 1 ateach
- year; the principal of and intcrest on cach said bond to be payabk at the offive
or agcncy of the C~npany in the Borough oi Manhattan, T6e Ctty of N~vv
York, in ~nch coin or currtncy of t~ Uaited States of America as at the
time of payment ia legal tendex for pnblic and prlvate debta. Bonds of the
~ 1~wenty-thitd Series shall be dated as in Soctian 10 of the Mort~aB~ P~-
vidal. `
At the option of the registerod owner, any bonda of t6e Twenty-
third Series, upon suntin~r th~eof, for cancellation, at the officx or agepcq
of the Company in the Borongit of Manhattan, The Clty of New YorY,
together with a written insaument di transfer whertva reqnired bq the
Company duly execnted by the reg'istered owner or bq his dulq anthorized
~ aKoniey, shall (subjat to the provisions of 5a~ion 12 oi the Mortgage) be
e~cchangeable for a like aggregate priacipal amonnt of bonda of the aame -
~ series of other aothori~ed denominationt.
Bonds of the 'I~venty-third xrtes shall be transferabla (sabjcct to the ~
i provisions of Soction 12 of the Mortgage) at the officx vr agency of the Com-
E P~Y in the Borough of Manhattan, The City of Nea Yorlr.
UPon anY transfer or exchange of bonda of tLe Tw~enty-thir~ Serita, the
' Company may make a charge therefor anfficient to reimburse it for a~r ta~c or
` taxes or other governmental aharge, sa pravidod in Secdon 12 of the Moit-
~ gag~ but the ComPanY ~eb'Y waivrs any rl~t to malce a cbarge in additton
f, thereto for a~r e~cchange or transfer o~ bonda ot the'I~atj?-third Stries.
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