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Toc>;ntFxt wrrH all and singular the tenements, hercditaments and
appurtenances belonging or in any wise appertaining to the aforesaid
property or any part thereof, with the reversion and reversions, remainder
and remainders and (subject w the provisions of Section 57 of the
Mortgage) the tolls, rents, revenues, issues, earnings, income, products and
profits thereof, and aU the estau, right, title and inurest and claim
whatsoever, at law as well as in equity, which the Company now has or may
hereinafter acquire in and to the aforesaid property and franchises and every
part and parcel *hsrreof. -
Ir rs xatESY ~crt~n by the Company that, subject to the provisions of
Section 87 of the Mortgage, all the property, rights, and franchises acquired
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 t~ t
of the Mortgage, as if such property, rights and franchises were now owned -
by the Company and were specifically described herein and conveyed
~ hereby.
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~ 1'ROVrnrn that the following arc not and are not intended to be now or
6ercafter granud, bargained, sold, released, conveyed, assigned, trans-
~ (erred, mortgaged, pledged, set over or confirmed hereunder and are hereby
expressly excepted from the Lien and operation of-this Thirty-eighth
Supplemental Indenture and from the Lien and operation of the Mortgage,
as heretofore supplemenud, viz; (1) cash, shares of stock, bonds, notes and
other obligations and other securities not hereafter specifically pledged,
paid, deposited, delivered or held under- the Mortgage or covenanted so to
be; (2) merchandise, equipment, maurials or suppUes held for the purpose
of sale in the usual course of business and fuel, oil and similar materials and
_ supplies consumable in the operation of any properties of the Company;
rolling stock, buses, motor coaches, automobiles and other vehicles; (3 )
_ bills, notes and accounts receivable, and all contracts, leases and operating
agreements not specifically pledged under the Mortgage or eovenanud so to
be; (4) the last day of the term of any lease or leasehold 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
BooK~~ Pa~f2540