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HomeMy WebLinkAbout2911 ~ ~ 5 ~o Series due September 1, 2001 ja 5eries due ~u2 T l~2 Jo Series due 2003 81/~ % Series due August 1,1980 81/2 % Series due 2004 8?/H ~o Series due 1982 IO i~g °Jo Series due March 1, 2005 ; and W~Ex~s, Section 8 of the Mortgage provides that the form of each series of bonds tother than the first series) issued thereunder shall be established by Resolution of the Board of Directors of the Company and that the form of such series, as established by said Board of Directors, shall specify the descriptive title of the bonds and various other terms thereof, and may also contain such prnvisions not inconsistent with the provisions of the Mortgage as the Board of Directors may, in its dis- cretion, cause to be inserted therein expressing or referring to the terms and conditions upon which such bonds are to be issued and/or secured under the Mortgage; and ~ ; WxExEns, Section 120 of the Mortgage prnvides, among other things, ; that any power, privilege or right expressly or impliedly reserved to or ~ in any way conferred upon the Company by any provision of the Mort- 4 § gage, whether such power, privilege or right is in any way restricted or ~ is unrestricted, may be in whale or in part waived or surrendered or ~ subjected to any restriction if at the time unrestricted or to additional ~ restriction if already restricted, and the Company may enter into any further covenants, limitations or restrictions for the benefit of any one ~ or more series of bonds issued thereunder, or the Company may cure ~ - . ~ any ambiguity contained therein, or in any supplemental indenture, or ~ may establish the terms and provisions of any series of bonds other than ~ said first series, by an instrument in writing executed and acknowl- ~ ~ edged by the Company in such manner as would be necessary to entitle a conveyance of real estate to record in all of the states in which any property at the time subject to the Lien of the Mortgage shall be situ- ~ ated; and ~ Wx~x~?.s, the Company now desires to create the series of bonds ~ ~ described in Article I hereof and to add to its covenants and agreements Y ~ 'i+~ ~ :Y ~y ~f ~ ~ . . . xt : 600K ~9 ~ac~ ~C~~7ljlJ ~ y ~ ~ . : _ - - ~ , ~ , _ _ _ - ~ : . .