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HomeMy WebLinkAbout2158 , ~ 7ay4 % 3eries due September 1, 2001 . qo Series due 2002 7~ qo Series due 2003 8~ qo Series due August 1,19~ . ~ 8~ qo Series due 2004 8?/8 qo Series due 198`L 10~ 96 Seriea due March 1, 2005 9~% Series due May 1,1984 ~ ;and Wgrx~?s, Section 8 of the Mortgage providea that the form of each series of bonds-(other than the flrst series) issued thereunder ahaA 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 Directora, shall specify the descriptive title of the bonda and various other terms thereof, and may also contain such prnvisions not inconsiatent with the prnvisions of the Mortgage as the Board of Directors may, in its dis- cretion, eause to be inserted therein expressing or referri~g to the terms and conditions upon which such bonds are to be issued and/or secured ' under the Mortgage; and WH~t~s, Section 120 of the Mortgage provides, among other things, ; that any power, privilege or right expressly or impliedly reaerved t4 or ! in any way conferred upon the Company by any provision of the Mort- ; gage, whether such power, privilege or right is in any way restricted or E is unrestricted, may be in whole or in part waived or surrendered or . s 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 prnvisions of any aeries of bonds other than ~ said first series, by an instrument in writing executed and acknowl F edged by the Company in such manner as would be necessary to entitle ~ ~ a conveyance of real estate to record in all of the atates in which any ~ prnperty at the time subject to the Lien of the Mortgage shall be situ- ~ ated; and € ~ WHEtt~,~is, the Company now desirea to create the seriea of bonda ~ deecribed in Article I hereof and to add to its covenants and agreements F ~ ~f ~ G ~ . ~ ~ - Bo K245 P ~f2155 ~ ~ ~ _ . _ ~ ~ ~ ~ s~ ~ ~ - :4X . ~rc ` ~ ~ . - ~