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"i'oc~rH~ wtrH ali and singular the tenements, hereditaments and
appurtenanc~es helonging or in any wise appertaining to the aforesaid
property or any part thereof, with the reversion and reversions, remainder
. and remainders and ( subject to the provisians of Section 57 of the
Mortgage ) the tolls, rents, revenues, issues, earnings, income, products and
profits thereof, and all the estate, right, title and interest and claim
whatsoever, at law as well as in equity, which the Company now has or may
hereafter acquire in and to the aforesaid property and f'ranchises and every
part and parcel thereoG
; IT IS HEREBY AGREED by tlte COtTlpStiy tha[, subject to the provisions of
k Section 87 of the Mortgage, all the property, rights, and franchises azquired
~ by the Company after the date hereof (except any herein or in the
; Mortgage, as heretofore supplemented, expressly excepted ) shall be and are
~ as fully granted and conveyed hereby and as fully embraced within the Lien
' of the Mortgage, as if such pmperty, rights and franchises were now owned
by the Company and were specifically described herein and conveyed
hereby. '
PROVinen that the foilowing are not and are not intended to be now or
hereafter granted, bargained, soid, reteased, conveyed, assigned, trans-
ferred, mortgaged, ptedged, set over or confirmed hereunder and are hereby
expressly excepted from the Lien and operation of this Twenty-eighth
Supplemental Indenture and from the Lien and operation of the Mortgage,
as heretofore supplemented, viz: (1) cash, shares of stock, bonds, notes and
' other obiigations and other securities not hereafter specifically pledged,
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paid, deposited, delivered or held under the Mortgage or covenanted so to •
` be; ( 2) merchandise, equipment, materials or supplies held for the purpose
• • of sale in the usual course of business and fuel, oil and similar materials and
supplies rnnsumable in the operation of any properties of the Company;
rolling stock, buses, motor coaches, automobiles and other vehicles; ( 3)
bilis, no!es and accounts receivable, and all oontracts, leases and operating j
agreements not specifically pledged under the Mortgage or oovenanted so to
' be; ( 4) the last day of the term of any lease or leasehotd which may
hereafter become subject to the Lien of the Mortgage; ( S) electric energy,
gas, ice, and other materials or products generated, manufactured, produced
or purchased by the Company for sale, distribution or use in the ordinary
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