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redemption, to the owner of this~Bond at sneh owner's address as
the same shall appear on the transfer register of the Company.
This Bond is transferable by the registered owner hereof, in
person or by duly authorized attorney, upon books of the Company
to be kept for that purpose at the once or agency of the Company
in the City of Chicago, Illinois, upon surrender thereof at said
office for cancellation and upon presentation of a written instru-
ment of transfer duly executed, and thereupon the Company shall
issue in the name of the transferee or transferees, and the Trustee
shall authenticate and deliver, a new registered bond or bonds, of
like form and in an authorized denomination or in authorized
denominations and of the same aeries, for the same aggregate
principal amount ; bonds of this series upon surrender thereof at
said office may be exchanged for -the same aggregate principal
amount of bonds of this aeries of another authorized denomination
or other authorized denominations; all upon payment of the
charges, if any, and subject to the terms and conditions specified
in the Indenture.
The Company and the Trustee may treat the registered owner
of Wis Bond as the absolute owner hereof for all purposes.
In case an event of default, as defined in the Indenture, occurs,
the principal of this Bond may become or may be declared due and
payable prior to the stated maturity hereof in the manner and with
the effect and subject to the conditions provided in the Indenture.
No recourse shall be had for the payment of the principal of or
the interest on this Bond, or for any claim based hereon or in
respect hereof or of the Indenture, against any incorporator,
stockholder, officer or director of the Company, or of any snoceasor
company, whether by virtue of any statute or role of law or by the
enforcement of any assessment or penalty or otherwise, all eneh
liability being by the acceptance hereof ezpressly waived and
released and being also waived and released by the term_ s of the
Indenture.
This Bond shall not be valid or become obligatory for any
pur~~ose until it shalt have been authenticated by the execution of
the certificate hereon endorsed by the Trustee ender the Indenture.
_ ~ ~ . ii?~~F 320 ~~E 13¢~