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<br /> � 77_ UU7210 Section 1008 . In casa the Trustee hereunder shall resign
<br /> or be removed . or be dissolved , or shall be in course of ;�,: �3��
<br /> i p. ::
<br /> �. V- : �ot.
<br /> dissolution or liquidation , or otherwise become incapable of �,k'
<br /> � �����
<br /> acting hereunder , or in case it shall be taken under the ,.
<br /> s �: :
<br /> control of any public officer or officers , or of a receiver k ,�:
<br /> appointed by a court , a successor may be appointed by the owners � �
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<br /> of a majority in aggregate principal amount of bonds outstand- ' = `
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<br /> ing hereunder . by an instrument or concurrent instruments in � ; ; „
<br /> � i�.
<br /> writing signed by such owners or by their attorneys in fact , � ;;:
<br /> . "�'� �
<br /> duly authorized , pzovided , nevertheless , that in case of such � `
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<br /> vacancy the Issuer , by an instrument executed and signed by the �i ��; '
<br /> ��,y�, .
<br /> Chairman of its Board of Trustees and attested by its Clerk under �� ,'
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<br /> his or her seal and with endorsement thereon of approval thereof :
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<br /> by an officer of the Lessee , rlay appoint a teriporary trustee to
<br /> fill such vacanc�� until a successor - trustee shall be appointed hy �~
<br /> �� ��r
<br /> the owners of the bonds in the manner above provided ; and any �
<br /> �:
<br /> such temporary trustee so appointed by the Issuer shall immedi - '�
<br /> ��� �
<br /> ately and without further act be superseded by the Trustee �'
<br /> so appointed by such owners of the bonds . Every such trustee ` � y
<br /> , �.�,:
<br /> appointed pursuant to the provisions of this Section 1008 "
<br /> shall be a trust company or bank in good standing having a
<br /> ;?
<br /> reported capital and surplus of not less than Five Million
<br /> ;
<br /> Dollars ( $ 5 , 000 , 000 ) , if there be such an institution wi lling , "
<br /> qualified and able to accept the trust upon reasonable or
<br /> customary terms .
<br /> Section 1009 . Every successor - trustee appointed heze -
<br /> under shall execute , acknowledge and deliver to its or h is
<br /> predecessor and also to the Issuer and to the Lessee an instru-
<br /> ment in writing accepting such appointment hereunder , and
<br /> thereupon such successor , without any further act , deed or
<br /> conveyance , shall become fully vested with all the estates ,
<br /> properties , rights . powers , trusts , duties and obiigations of `
<br /> its predecessor ; but such predecessor shall , nevertheless ,
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<br /> on the written request of the Issuer , or of its successor . F °.
<br /> �-� : execute and deiiver an instrvment transferring to such ,.;';�:
<br /> ��e ,,,
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<br /> , . :� successor- trustee all the estates , properties . rights , powers �� ° .��
<br /> ,,,, , ,�� and trusts of such predecesaor hereunder ; and every predecessor -
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