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HomeMy WebLinkAbout1855 16 ezecnted, or rednce the percentage of the halders of the Bonds required for any such modification or alteration. In case an e~ent of defaul~, as defined in the Indentnre, shall occnr, the principal of all the Bonds at any snch time outstanding nnder tbe Indenture map be declared and become due and payable, npon the conditions, in the manner and with the effect provided in tLe Indentare. The Indenture provides that snch declaration maF in certain events be rescinded by the holdera of not less than a majority in principal amonnt of the Bonds. This Bond is transferable by the registered ow-ner hereof, in person or by duly authorized attorney, at the agencp of the Companp for that pnrpose in the Borongb of ~ianhattan, The City of ~•ew York, on booka of tbe Company to be kept for that pnrpose at said agency, npon snrrender and cancellation of thia Bond and on presentation of a dnly ezecnted written instrnment of transfer, and therenpon a new Bond or Bonds of the 1991 Series, of the ssme aggregate principal amonnt and in anthorized denominations, will be issned to the transferee or transfereea in ezchange herEfor. This Bond, with or withont other Bonds of the 1991 Series, may in like manner be eachanged for one or more new Bonds of the 1991 Seriea of other authorized denominations but of the same aggregate principal amoun~ The Bonds of the 1991 Serie~ are issnabie only as $egistered Bonds without conpans in denominations of $1,000 and anp integral mnltiple thereof. .Any transfer or eachange of this Bond shall be made with- ont papment (other than any taa or other governmental charge) and shall be snbject to the terms and oonditions set forth in the . Indentnre. The Company, eaid Trastees, any paping agent, and sny registrar may deem and treat the person in whose name this Bond is registered as the absolute ov~ner bereof for the purpose uf receiving papment of or on aoeonnt of the principal hereof and interest (ezcept as stated in the first paragraph hereof ) and preminm, if any, dae hereon, and for all other pnrposes, and neither the Gompany, the Trnstees, snp gaying agent nor any registrar shall be affected by any notice to the contrary. a~~90 ~.~51 _ _ v~: ~ , - _ i ~ ~-s- ~ . _w _ r f