87-- 100441
<br />SECriox 1.03. The text of the Bonds of Series J and the certificate of the Trustee to be endorsed
<br />on all bonds are to be in substantially the following respective forms:
<br />(Form of Bond of Series J)
<br />THE LINCOLN TELEPHONE AND TELEGRAPH COMPANY
<br />First Mortgage 8.150% Bond, Series J
<br />Due December 31, 1995
<br />Number
<br />TxE Laacowt TELErHONE sxn TELEGRAPH CosrrAxv (hereinafter oalled the "Company "), a
<br />corporation organized and existing under and by virtue of the laws of the State of Delaware, for value
<br />received, acknowledges itself indebted and hereby promises to pay to
<br />, or registered assigns, on the thirty -first day of December, 1995,
<br />and to pay interest thereon from the date hereof at the rate of eight and fifteen one - hundredths per
<br />cent (8.15%) per annum until the said principal sum &hall have become due and payable, and
<br />thereafter at nine and fifteen one - hundredths per cent (9.15 67c) per annum, payable semi - annually on
<br />the thirtieth day of June and the thirty-first day of December in each year (beginning June 30, 1987),
<br />with interest on overdue interest (to the extent permitted by applicable law) at the rate of nine and
<br />fifteen one - hundredths per cent (9.15%) per annum.
<br />The principal of and interest on this bond are payable in any coin or currency of the United
<br />States of America which at the time of payment is legal tender for public and private debts, at the
<br />office of Harris Trust and Savings Bank, in the City of Chicago and State of Illinois, or (at the option
<br />of the holder or registered owner hereof), at the principal office of Bankers Trust Company, in the
<br />Borough of Manhattan, City and State of New York.
<br />This bond is one of a series of bonds designated First Mortgage 8.150/c Bonds, Series J, Due
<br />December 31, 1995. The bonds of said series are part of an issue of bonds of the Company authorized,
<br />issued and to be issued under and pursuant to and secured by an indenture of mortgage dated as of
<br />January 1, 1996 (herein referred to as the "Indenture "), as supplemented or amended by a First
<br />Supplemental Indenture dated as of April 1, 1999, a Second Supplemental Indenture dated as of April
<br />1, 1952, a Third Supplemental Indenture dated as of February 1, 1958, a Fourth Supplemental
<br />Indenture dated as of March 1, 1960, a Fifth Supplemental Indenture dated as of December 1, 1961, a
<br />Sixth Supplemental Indenture dated as of March 1, 1966, a Seventh Supplemental Indenture dated
<br />as of March 1, 1971, an Eighth Supplemental Indenture dated as of October 1, 1975, a Ninth
<br />Supplemental Indenture dated as of September 1, 1978, and a Tenth Supplemental Indenture dated as
<br />of January 1, 1987 all duly executed and delivered by the Company to Harris Trust and Savings
<br />Bank, as Trustee, to which Indenture, including all indentures supplemental thereto, reference is
<br />hereby made for a description of the property, rights and franchises thereby mortgaged, the nature
<br />and extent of the security, the rights of the holders of the said bonds in respect of such security and
<br />the rights and immunities of the Trustee. Such bonds are issuable, without limit as to aggregate
<br />principal amount, in successive series which may vary as to date, date of maturity, rate of interest,
<br />medium of payment, and in other respects as in the said Indenture provided.
<br />The First Mortgage 8.15% Bonds, Series J, Due December 31, 1995, of which this bond is one, are
<br />of similar tenor hereto, and are limited to Twenty Million Dollars (32o,000,000) aggregate authorized
<br />principal amount.
<br />
|