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such-resignation sha11 note take effect until the. abpoint:nent of a successor Trustee by the Bonrihalde:rs cr by Issuer. Section 10.07. Removal of Trustee. Trustee may be removed at any time by 'an instrument or concurrer_t nstru- ments in writing delverE•d-to Trustee and to Issuer and signed by the owners of a majority in aggregate principal amount. of Outstanding Bonds..' Section 10'.08. .~pDOirtment of Successor Trusteebv Bonaholders: In case Trustee hereunder shall'resgr. or be removed, or be dissolved; or shall be in 'course of dissoiu- tien or laui'dation; 'or otherwise beccme incapable of :acting.. hereunder, or in case it shall be taker_ under the contrcl of '`any public cfficer'or officers, or of a.recei-ver appointeC by a court, a successor may be appointed by ahe pwr_ers-of a` -majority in aggregate nrincpal'amount of Outstanding Bonds by an instrument or concurrent instruments in writir!g sign=d by such owners, or by'their duly aut'r~orzed attorneys in fact, a copy of which sha1T be delivered personally or sett by registered mail to Issuer. In case of any such vacancy; dssuer, by'an instrument exec:~ted; attested and sealed'by those of its officials .rho exec~.aedand attested the Bonds or- their successors>r_ office, may.appoinr a tempcrary ^rustee to fill such vacancy until a successor Trustee sha_T~be appoirted by the Bondholders ir_ the manner above provided; a.^.d such tempora_y Trs tee so appointed by Issuer sha11 immedately'and without further-act be superseded by Trustee appointed by the Bor_d_halders. Every such Trustee',aapornted pursuant to the provisions of this Section shall be a-trust: company ar bank 'in good. standir_c ?Zaving;a eported capital and surplus of not-:less than $IO,000;OCO and shall not be unsatisfactory to Company if Company is :not then_in Default under the .?greement if there be sucr_ ar. inst~ u-~ion willing, qualified and able to accepttlza trust upon customary germs: Section 10.9. °ACceata,ZCe by Successor Trustee. Ever/' uccessor Trustee appointed hereunder shall ,execute, acknow- edge and deliver. to its or his predecessor and'also-te Issuer and Company: an in trament in writing accepti__ng such appoiht- -ment hereunder,-and thereupon such successor, witincut any further act, deed or conveyance; sha11 become fully vested with ail the estates,: properties, rights, powers, trusts, `.duties ar_d obligations of its predecessor; but such prede- censor sha11 nevertheless, o.^. the writter. reques ~" of . ssc.er, or of its-successor; execute:"and deliver. an instrumenttrans- £errng to such successor all the estates, properties, rights, 'powers a^.d trusts of-such predecessor hereunder;' and. every"predecessor Trustee'sha11 deliver al'_ securitie a*id' ..'moneys held by as Trustee 'serenader to its successor. _4Q_ z