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manner and with the same effect as if said property had been owned by the =
Company at the time of the execution of the Mortgage, and had been -
specifically and at length described in and conveyed to said Trustees, by the
Mortgage as a part of the property therein stated to be conveyed.
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The Company further oovenants and agrees to and with the Trustees >
and their successors in said trust ander the Mortgage, as fallows:
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ARTICLE I ~
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Twenty-ninth Series of Bonds "
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SECr~ot~ l. There shall be a series of bonds designated "8'/z°b Series ~
due 2004", herein sometimes referred to as the "Twenry-ninth Series", each ~
of which shall alsd bear the descriptive utle First Mortgage Bond, and the
form thereof, which shall be escablished by Resolution of the Board of ~
Directors of' the Company, shall contain suitable provisions with respect to ~
~ the•matters hereinafter in this Section specified. Bonds of the Twenty-ninth . ~
Series shall mature on January 1, 2004, and sha11 be issued as fully _
registered bonds in denor~inations of One Thousand Dollars and, ac the
option of the Company, in any multipte or multiples of One 1'housand
Doilars ( the exercise of such option to be evidenced by the execution and
delivery thereof); chey shall bear interest at the rate of 8'h°~ per annum, ~
payable semi-annually on July t and January 1 af each year; the principai of
and interest on each said bond to be payable at the of~'ice ar agency of the
Company in the Borough of Manhattan, The City of New York, in such coin
or currency of the United States of America as at the time of payment is
legal tender for public and private debts. Bonds of the Twenty-ninth Series
shall be dated as in Section 10 of the Mortgage provided.
(1) Bonds of the Twenty-ninch Series shall be redeemabie either at the
aption of the Company or pursuant to the requirements of the Mortgage in
whole at any time, or in part irom time to time, prior co maturity, upon
~ natice, as provided in Section 52 of the Mortgage, maiied at least thirty ( 30 ) ~
days prior to the dace fixed for redemption, at the following generai
redernption prices, expressed in percentages of che principal amount of the
bonds to be redeemed:
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