HomeMy WebLinkAbout1810 . . 1
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; S~ox 1.08. The bonde ehall be exeauted in the namo and on tieh~lf oi the Compeqy by ita Freeident,
~ ; and Ita oorporate eeal ehall be thereunto affixed aud attsstsd by ita 88aretary or A$eietant Seoretary. The ~
coupone a~?pertaining to any aoupon bond ehall b~ar the faoairaile eignature of the preaent or any future
4 1~reasurer of fhe Company. In ca,sa any auoh o~oer:vvho ahall havo e~ceouted or attested sny of the bottd~, or `
~ wboee facsimile eignature shall appear on any coupon, shall not have been such officer ori tha date borne by the
~ bonde, or shall cease to be euch officer before the bonde so exeouted or attested ahall bave been aotually certi6ed
aad delivered, such bonda and coupons sha11, neverthelese, if preaented to the ~uetee far the certification of
euch bonds or delivery, be thereby adopt~ed by the Company and may be certified by the 7~ustee and delivered, ~
ae herein provided, and thereugon shall be binding as though said of~aoer had beeA auch officer of the Company ~
on the dote borne by the bands, and an the date af certification and delivery thereof. ~
SECTION 1.09. No bond ahall be valid or entitled'to ,any beneSt under thie indenture unless euch bond ahall
~ be oertifieci by the Trustee in tlie apace provided i~h~refor. The Trustee's certi6cation ahall be thQ conclusive
and only evidence that the bond so certified has been`approved in all respeots ss required by this indenture, hss
been duly issue~ under thi,a indenture and i$ entitlec~ to thfl bene6ta and ~ecurity hereof.
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~ SECTIOH 1.10. Any coupon bond, except while regiatered as to principal otherwise than to bearer, shall be ~
: treatzd as negotiable and shall pasa by delivery. Registration of any eoupan bond aa to prinoipal~shall not
; aff~t the negotiability af its caupane. The Company, the 'I~uatee and all peraone may treat the regi~tered ;
; owner of any fully registered bond without coupons or of any coupon bond regieterad aa t~ prineipal, and the ~
` bearer of any coupon or coupon bond not regisGered ~ to principal, ae tba abeolute owner thereof for all pur- j
i pcx~es, attd neither the Company nor the Truates shall be s.tfected by any notice or knowledge to the contrary, j
whether payments on such lwnd or coupon ~hall be overdue or not. The Company conaents_ and agrees, and i
` every sucees4ive registere~l owner, bearer and assignee of bonds, by accepting or holding the same, ahall be ~
~ deemed to have consented and agreed, to the foregoing provisions of thia 3ection and each ahall be deemed to~ '
? have invited the othera and all persons to rely thereon.
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~ BECriox 1.11. The Company will keep or cause to be kept at the principal office of the ~uatee, appropriete
_ # registry l.~oolcs for the registration and transfer of bot?de, and will cause to be regiatered therein the ownership
or transfer of any bond ontitleci to be registered or transferred. Under aueh re~asanable regulations as tha
Company may prescribe with the approval of ~he Truetee, and subject to the provieaone of ~ections 1.05 and
~ 1.08 hereof, • ;
(aj ai ine'ce~rer's option, the ownership of any coupon bond e~cpres~d to be so registrable may, from
j time to time, be registered, as to prineip~l only, in the name of the bearer or hiB nom.inee on such registry
; hooka, upon presentation thereof at the prinoipal office of the ~rustee and notation of euch. regiatration
~ ~ thereon by the ~ustee, after which no transfer thereof shell be valid unless duly executed to the satisfso-
; tion of the 15ruatee and similarly registered arid noted by the 1~uetee; but any band eo regietered may be
: discharged from registration, ~nd transferability by delivery be reatored, by like tranafer to bearer similarly
; registered and note~, aud auch bond may again from time to time, in like manner, be so r~gietered or
~ tranaferred to bearer; ~ .
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` - (b) the re~istered owner of any fully regietered twnd without coupons may tran~fer his bond upon
' aurrender thereof at the office of the Truetee for oancellation, accompanied by a duly e~tecuted written
an
inatrument of trsnsfer eatisfautory to the Trustee; and
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~ (a) the bearer or register~d o~rnar ~ sny band eapreaeed to be ~a exehang~able, whether iri fuUy
~ : regi~tered or coupon form, may at any time surrender hia bond st ~uoh office for oauoeAation, acc~pauied
. by such writtan instrumeut of tranafer if fully ~egistered or r~tered aa Lo principal otherwiee than to
: bea~er, snd with all unmatw~d coupons, if any, att,aaheci theretoj in exohunge for an equai nggreg~te
~ principal amount of bonds of the eame eeriea, either in fully regi,atered fotm or in coupan form, ar partly
= ons aud partly tha oth8r, in any authorised denominations.
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