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ment date is May 1, 1971, in wluch case fmm November 19, 1970. T'he
person in whose name any Series M bond is registered at the close of
business on any record date with respect to any interest payment date
. shall be entitled to receive tbe interest payable on such interest payment
date notwithstancling the canceUation of such Series M bond upon an?~
transfer or exchange subsequent to the record date and prior to such
interest payment date; provided, however, that if and to the extent that
the Company shall default in the payment of the interest due on such ~
. interest payment date, such defaulted interest shall be paid to the persons
in wbose names outstanding Series M bonds are registered on ~e date _
of payment of such defaulted interest. Both the principal of and the
interest on bonds of_ Series 111 shall be pa~-able at the office or agency of
the Company in the City of Chicago, Illinois, in lawful money of tLe
United States of America. The text of the fully registered bonds of Series
M, and the Trustee's certificate with respect to Series M bonds shall be •
respectively substantially of the tenor and purport hereinbefore set forth.
AnYthing contained in Section 16 of the Orlginal Indenture to the aon-
trary notwithstanding, the Series M bonds may be engraved, litbographed
or printed on steel engraved borders, and shall be eaecuted on beLalf of
. the Company in its corporate name with tve manual or facsimile signature
. of its President or one of its Vioe Presidents under its corporate seal at
tested by the manual or facximile signature of its Secretary or one of its
~ Assistant Secretaries. Such seal may be in the form of a facsimile of the
' Company's seal and may be imprinted or impressed upon the Series M ~
; bonds. In case any of the officers who shaIl have sigued or sealed any of
~ the Series M bonds shall oease to be such officer or officers of the Com-
~ pany before the Series M bonds so signed or sealsd shall have been au-
~ thenticated or delivered by the Trustee or issved by the Company, such
~ Series M bo~ds may, nevertheless, be authenticated, delivered aad issued
and, upon such authentication, delivery and issue, shall be as binding upon
the Company as though those who signed and sealed the same had con-
tinued to be such officeis of the Company, and aLso any Series M bonds
may be signed and sealed on behalf of the Company by such persons as -
at the actual date of the eacecution of such Series M bonds shall be the
~ proper officers of the Company ald~gh at the nominal date of such
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d00K ~80 PAGE 1 SU
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