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HomeMy WebLinkAbout2911 ~ay , . ' ' f . , . ` .:aDiirS:-t~ah'f ~=s:LY-i:YS1ti.~'a~~a_....r:l ~.a~ ~ s-.~'» ~.~~c~..ctic:t-.='a2a:,t~.~.~as.~..~=_-.a-s.~a.v-w~+++»v~.c~~. ~+w...~~ea-a.ru~asa Sc.-.':aacv~+..t...a~.i..sr._-+.-•..~+~a.a.~a._..~.ac~Y.+~~...r~.y _ .._...~~.av..+w~. i - . ~ ~ 1 ' - ~ . it i - ~ ~ - 73/.~ Jo Series due Septembei• 1, 2001 _ - ` 7~/~ % Series due 2002 ~ ~ j 71/2 % Series due 2003 - - 8~/~ ~o Sei•ies due August 1,1980 81/z ~o Series due 2004 - - ~ . i~ ~ 87/,~ °lo Series due 1982 . ' - ~ 10~/,S J~ Series due March 1, 2005 _ - ~ ;and ~ . - = ~V4~~ER~.s, `Section 8 of the Mortgage provides that the form of each _ . series of bonds (other 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 provisions not inconsistent with the ~rovisions of the Mortgage as the Boai•d of Directors may, in its dis- - - cretion, cause to be inserted therein ehpressing or referring to the terms ' and conditions upon which such bonds are to be issued and/or secured ~ ~ - under the Mortgage; and . - WHEREAS, Section 120 of the Mortgage provides; among other things, ; that any power, privilege or right expressly or impliedly reserved_to or ~ . , in any way conferred upon the Company bS• any provision of the Mort- ~ - gage, whether such power, privilege or right is in any way restricted or _ is unrestricted, may b~ in whole or in part waived or surrendered or I'~, subjected to any restriction ~f at the time unrestricted oz• to additional - restrietion if aii•eady 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 thei~eunder, or tl~e Company may cure . any ambiguity contained therein, or~ in any supgl~mental indenture, or . may establish the terms and provisions of any series of bonds other than - said ~irst series, by an instrument in vsriting 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 1Viortgage shall be situ= ~ ~ . - - . - ated; and - WH~REAS, the Company now desires to create the series of bonds described in Article_I hereof and to add to its covenants and agreements = ; = - _ ; i . . _ ~ - - - . BOOKfrJ~ PAGE~~Gc~ _