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<br /> AltT1CLE ll
<br /> 1SSUE OF BQTiDS OF Tt�$E1t1E5 DUE 1999
<br /> Sfc-noH 1.The ComWnY 4eroby tsercises thc ri=ht to obl�in the autAeatication and delivety of
<br /> additioa�l bands oa the basi�of unused net eacpeaditura for bondable pcopeny,purwan�to the ter�izs
<br /> oF Sectiou 3 of Mide ll of the Ori�uoil lndeatun, as amen�ed hy Sectien 2 of Ahick IV of the
<br /> Sapplemental Indenture dsted October 1, 15�46. Such additional bonds shall be initiAlly issved ln tbe
<br /> principal smount of S7,S00,000 aud shaU be Bonds of tho Series due 1999. Boads of the Series du�
<br /> iggg s6slt be�aeecuted on betialf of the Compa�ny by its Chaitman of 1he Bard,its Presideat,or one
<br /> of ita Via Praidatu, and its Capaate Secrct�ry,or one of its Assistaat Corporate Sxretaries, bY
<br /> their msawJ ar fscximile sipsatura,and shall be sa�led wiW tbe corpordto seal of the Compaay by
<br /> csusin�the asme to be af�ced thereto or a iacsimile ii�z��to��::nteC,lithcr�raph�or en�ra�ed
<br /> 1dCt+00t�.
<br /> Such S7,SOO,O�DO PrinciDal amaunt of the Bond�of the Seria due 1999 art to be iuued for aa
<br /> a�te considaration of S7,SOO,OOiD,eaclusive of accrued interest. Upoa issua�nce af 1he 57.500,000
<br /> principal ameunt oP Honds of the Seria due 1999� there will be issued and outsiandin�wader tde
<br /> terms ot'the ladenture an a�rc�ate of 559.502,000 princip�l amount of bonds,all of said bonds being
<br /> �ecured equaily aad ratably by the lndenture, aad We principal amouat of indebtedness thea
<br /> q1tstandin� and secured by the ladentun will coaaist of S3,S00,000 principal anaount af First
<br /> Mflst�f,e Bonds, 6N.%Series due 1996,56.000,000 principal an�ount of First Mortgu;e Sonds. 896
<br /> Series due 2002. s1S,000,000 Drincipal amount of First Mort�aie Boads. 8�/•96 Series due 2003.
<br /> 512,000.000 princfDat amouat of First Moct�aye Bonds.8.8Mb Series due 2007,58,002,000 principal
<br /> azaouat ofFi:st Mort�e Bonds�9�96 Seriesdue 2008,S7,SOO.00Oprincipal amouat of First Mor[�a�e f .
<br /> Honds, 9.85% Seria due t998, and S9�S00,000 principal amount of Fint Mort�e Bonds, 8.9096 .
<br /> Series due 1999,fotw�tich tht Company wi11 have noeived an a�re=at��onsidenttion of S59,228.445,
<br /> � ,:.
<br /> � exclusive ol'acccued intenst. � "- -.
<br /> Sr�noN 2.'Tl�e Bonds of the Series due 1999 provided to be issued by Section 1 of this Article r_
<br /> m a y be authenticated and detivered prior to the filin;for recordatioo ot'this Supplemental Indeature.
<br /> ART1Cl.F 111
<br /> Rfn�+ntoH oF Borms of TME Stx�FS nuE 1999
<br /> SECTION 1.The Bonds of the Seria due 1999 shall.upon ihe notia and in the maaaer and witb
<br /> t6e effect provided in Article V of We Ori�inal lndenture,as amended by Section 3 of tLis Article lll, —
<br /> be redamabk(aherMiu thsn out of moneys specified ia Sectioa 2 of thia Article lll), at any time :_
<br /> aad from time to time, on ar after November I, 1992 and prior to maturity, at the option of tlu —
<br /> Company,either as a whofe or in part.upon paymeat of the Yield Maintenana Prive(as hereinafler �
<br /> defined)for eacb of the Bonds of the Ser,ia due 1999 to be redamed,top�cther with accrued iatenst L
<br /> to the redan�tion date,pcovided however,the Company shall aot redam any Bonds of the Series � �,_
<br /> due 1999 in a principal amount less than S 100,000 or a multiple thereof. �.
<br /> If the notia of redemp�ion shall bave been�iven by the Company as provided in the lndenture,
<br /> !ht Computin;Holder sbaU deliver written noticx to the Compaay on tha fifth busiaess day�'ior to �
<br /> such redemption date,of the amount of the Yield Maintenana Price for the�rincipal amaunt af the
<br /> Bonds of the Serid due 1999 held by such Computin�Holder so ta be redeemed,whicb notice shall
<br /> se1 fonb in reasanable detail the computation thereof. 't'he Yield Maiatenance Price set forth in such
<br /> notia shaU be bindin�on the Company absent manifes�error.
<br /> The Company shall deG�a ta eacb holder of the Bonds of the Series due 1999 to be redeeraed
<br /> on or beforc such redemption date a certificate si�ned by a princi�al financial offic�r of the Company
<br /> settin�fonh the Yitid Maintenance Pria of the principal amount of ehe Bonds of the Series due 1999
<br /> held by such holder so to be rodeemed,and setting forth in reasonable detail the calculation thereof
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