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' . � . . . � � � fl � V l. � �� -0T f � �)Y <br /> Ir �`r t�' g� 4 ►�} . . . � �' � �� �r � � � �c ° Ai� a i <br /> � V �J� t� �'� l � r �� s , � � , i>!�, ,, <br /> v r <br /> wh�irh sha1T have elapsed during said peri�d beginnirmg January 1 , 1946, and ( b ) the amount. if �ny, equal , } ' ' f ' "�" <br /> y � � �.� <br /> qa such peapartican ot' 3'�� of zhe hxed tangi6le prvp�e;zy, plarYt and equdpmenx -(as shown by the bcsoks pf - � ��� �� � � � "��� � '�r ,r ' a <br /> ' the4 CompanY ) �� the firsa day oi' �lie then cursenc :c�lendas. year as is reprasented by tt�e ratio : oC th� � ` '� '� ,�, "" r" N ,� �;`� <br /> �� � nu�nber oi"�fuYI mr�nths ( frorn the beginr�ing� of the tt�en current �calendar� year to the date��o£ the proposed ��� � � ` ' ` r{ �' " ' ' ` ���� ' tit� <br /> i <br /> r�r, <br /> payanent o€ such dividend or making af such distril:udon ur acqccisition ) ta twelve manths. � , r < , . <br /> , <br /> < ' � " " <br /> " ' <br /> � � � � � � , � r; 1 '�, 1 � , <br /> � r i 2 ,� ��� ¢ � � <br /> � � ARTI�CLE Y N f ; I � ` ), � ���' r ; <br /> �� � � kd ' Py^ rtl r` <br /> � ��� �.� $PECIAL ��PROVI510NS FO[t RE'CIREMENF (1F BOTiDS �� �� . ! r ri+ � r �"n `+` r�f <br /> : � . . . . . � . . "�� d`� 1 � �k � Vi <br /> SEcncsrt 1 . The prvvisions of Anicie 17( of che Oci�;inai Ind�'nsuce, as:amec�ded by Section 8 of ArtieIe t` ` � � ' ` A � � � � � xs �� 'N <br /> c <br /> 1Y oCthe Supplementa} Indentare daced C)ctober 1 , [ �4b, c+re ( so tcmg as any Bcands of xhe.5eries due ?007 , ' ' � ' '�' <br /> : i�ev � �, , n ; <br /> sh2�li be o��tandidg ), with respect xQ mo�eys rec�ivec9 by the Truszee undet stsid !�r[icle IX �.sursuaa2. ta the � � , � �, ' �t;r ' <br /> prc+visions of Section 1 of Articte VII of the Originai 'indencure; ,as amehded by Section 4 of Anict�: IV aF , ' ` , ., , ; r <br /> the Sappiemencal lndenture dated Ocwber l ; 1446, expressiy rnade subject to the pravisio�as of t�rticle III , � , ' , ;, ! �`� ;; <br /> s�'� .�� <br /> heFeof with respect ,ta the price at wtxich, and the condidons under which, ' Bonds af the 5eries due 2007 are ; � ; ' 't � s „ , , rt �� ?', <br /> 7CC'�CCII13bj.E� �.ly t�lE ll5C Or SY1Ci1 IIIOIIC'�YS. �� �.. . . � ..� `*' ., r f � , ' r ' "� �i <br /> � � � � ��,� ,,i f �$�. i Pa � +7.a 4v `.� <br /> ' The, provisions of Articie IX of xhe �riginal Inci.enture, as amended by 5ecuon 8 of Article IY of the `v� , i�, `� ° � . ; t ,r,� �s�� <br /> Supplementa[ Inde�tare daced Occober 1 , 194ti, are +� so long as axiy Bonds of the< Series due 2007 shalt be • ; �; " ' , � �; ` � ^ �' ,`u� `"'- <br /> � , outstanding), with respeccto moneys received ' by ti3e '.Trustee.pu.rsuant to the provisi�ns oi' Secd�on 3 af ,i �'�i ' ry r' ` '« ��ir'° <br /> sa . r � �c t a .. w�z,.���� <br /> Article VIII aF the Glriginal Indenture, as ameuded by Section ? af Article <IV of the; 5upplemental ,r* , � as % ; ' � ���, $ r:� <br /> Indenture dated Octaber i _ ,i946, and with respecrto mon�ys rrceived by the Trustee �nrsuanc : to the '. > � i ' � " <br /> provisions of Secuon 3 of ttus Anide V, expressly made subject to the pravisions oF Article III hereof. and : 3 '� t ' ` ' � �' ' '" r��T <br /> � . . , '� ' �� . . � . . : . . . . °i , � . ,. <br /> � t� <br /> {he provisions of5ectic�n 3 ' of this Articie V wlch respecc [a the _price ac which, and the coaditions ' nnder . P , { � ,`� h ' s ,y . ` �'4���Ye <br /> which, Bonds of the Series due 2007 are redeemable by [he use c.�f any �of such moneys. ' ;r � < _; k <br /> . . . . . . . .. . F(''" . p F '. 1 l ' ( <br /> The rights of the Company with respect ta die withdrawat and applicauon ,of moneys hetd by the ; �5,� ; �`, ' , 5 ' s� ' r,^, i <br /> Trustee under Article IX of the Original lndenture;; as amencFed by :- Section & oF Artirle IY ° of the Y , -r� �° '> � ` r`; '�; <br /> Supplemea�l Inden[ure dazed October 2 , d946, are expressly made subject to 1he provisions of Section 2 ` ' `��� F , '; , , ;' �'��'�_. <br /> � " f <br /> and Sectioa 3 of this Article V. � "� , `' �`'` <br /> F <br /> Sac�rtoN 2. The Cornpany covenancs 1hat, so ]ong as any Bonds of the Series due 2(307 are � `� ' rr , ` y �� tn <br /> outstandiag, it will comply wizh the covenants contained in Section 2 of Article YI of the Supplesnental i�� � ' ' ' 4i� ' �� l ,*c��,: <br /> Indenture .dated Qcrober 1 , 1946, even though no Bonds of the Series due 19'73 are ou[szaadingrand tht � �Y � � r ' ' � ;� { ,'� °: <br /> ravisions pf said Section 2 of Artecle �I shall be cfeemed to cozadnue in force and be appl�cabie : ta the " ' ' <br /> ` � " � <br /> � . . . . . . . . . � d �t r `r , ,5 <n3, <br /> Bonds of the Series due 20C)7, even though noBonc�s of the Series due I973 are outstandiag. , � ' ` � �� � <br /> g ' .: � , . . . . : . .. . . . . ; , . . . . . . , v ,; i ��, � ,, e �. <br /> SEcrioN 3. ,Cash reeeived by the Trustee as s6e proc:eeds of any uansaction wittucc the seope of � ' `; ' ' ' ` ,1 'r`, <br />, Section 2' of this Articie v shall nof be applied �o any purpose other than the redemprion oF: bonds ' ��`` , ,; u < , � � '-, <br /> outstanding under the Indenture unless the total amoune of such. proceeQs which'che Company shall hav+e ' � r , , 1�'�;: <br />� received or have becxime enuded _to receive daring, any calendar year shaii aggregate 19ess than Five " " a' ` ` <br /> �� � � k � i <br /> Hundred Thousand DoUars ' ( $500;000 ) . Subjea to the foregoing, such procezds shall be`t�eld, used and , ' ': <br /> applied as' the proceeds of released ;property purssaant to the provisious of Anicle FX of iha Original ` r " � ; ` � ; ` <br /> Indenture, as amended by Section 8 of Aruele IV of the Suppfe�entaLIndenture dated Qcaoberl i , 1946, : ` ' �"' �: <br />� buz if the Compaay sha11 elect ' to: have such proceeds or any pasi thereaf applie�i to tfie redemption of ' ' � ` ` � '' <br /> Bomds o(-the Serierdue 20Q7, the'redempuon price therefor shaii be the redeanption price as sea farth in ' ' ' ,, :': <br />, � , . � . ��. -1 <br /> . . . . . . . . . . . . . � . , : , . .�� . , . . m:. <br /> Sec�ion 2 of Article III hereof. '. , <br /> � " ; `, ` <br /> � � � � � � ~ <br /> ARTJCLE VI ': <br /> � � � � � CONVEYANCE . OF AL�ll17YO1V,�L� PROPERTY � �� � � � � ' r � <br />� The Company;has given, gransed, bargained, sold, transferred, assigned, pledged, tr�ortgpged and ' ` <br /> warrant�d the utle to and conveyeci, ancr �y these presenu c3oes ,�ve, ;rant, bargain, seii; tr�nsf'er, assign. � : <br /> pledge, mortgage and warrant the title to and convey, unto the '�'rustees, their successors a.nd assigns, in , � ; <br /> tr�sst, all the ri�ht, tid� anci intemst of :he Comps�)' in and te � 11 and sinoular the Frllow�ing described 4 " <br />� • property: ' 3 <br />� L2 s � <br /> .�K" ��,,,: <br /> T � �� ; <br /> h�^, e36yd �a <br /> S�il; ,2 , ,. 7x +sr K' � n�5 Y'3+4 n'�i�.r' . 44 =P 5,° x� v r�"a '�^�, a r` �fi *p r'F� �,+� 'q*d m .�'I Nr'1 ' e� N f + - t T � f .� ,,i er n� v.. ,. t s a r ;4w �4�, '� v� � �E .�. <br /> �� : �,- < �,'"��` '�pe � ���������� �90 h�3�, ����. wh�4 kx .. .s., ,x,�„s�,. <br /> ' i <br /> ` � Y <br /> � �7.yg <br /> , . m . �� <br /> , <br /> 1�. 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