HomeMy WebLinkAbout0238_0053'sp-
(rom Cr TRusug=S cERTzrrcATTz)
This bond is am of tba bmAs described is the
Trust Indenture i air ro rt g* * therein re ferre 4 tape,
FIRST NATIONAL DANK 11 IOUSMON
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S!'CTICR $ t That the Wyorg Aldermen anal. City See3re tart
will imm ilately exeecuts a proper Iienty rs or Deet of Trrxst
making effsetive then lien on the Cita aria entire elsetaria Ue-Xt
plant an& power $watts$, and crop► the mt areevenws from true operatioa
of such systeffie iQ pay the bonds an& Interest ooupons as they
s aturs a manirg MST NATIONAL BANX 11 RMST010 a corporation# with
Its principal office and plses of business in HOUSTON# R'' 8# as
the Trustee. an& shall file a duly autbanttioatee& ectopy of suah
Indenture, or Lee& of Tmstg with the City Seorstarye and the, sate,
shah also be placee& of resort in the Iles& of Trust and lr*rU
ReoorA.s of tiilliamsoxt County* Tesase Amoog other provisions, the
Indenture or peed of Trust shall stipulate and protide for a grant
to the pu rahaser or purchasers wA* r any sale or foreclosure tb,reone
a franahise to operate sal& ela ct ric lit;bt plant and pwor systons
and properties fro puarsbased, for a harm of tionta (20) years, dating
faro& the pureba se sat J o et to all laws regulatiag same then in foreso
o
All rights existing wA*r such Indsnturs or Deed of Trust shall be
and are hereby expressly rcoognised and inoorporated herein for the
protection of said bones and their euforoement.
SI'CTTOIF 9t. That a Speoial land, iftiah Is ba reby areata,& and
designated as "SPECIAL ZIZCTAIC 11CRT R BOND VVED0,V shall be
set aside out of the net *Verating revexuxes of the sal& 'light punt
eeaad power systemip and ethioh speoial F=& *ball bee user& for that pay-
ment of principal and interest of said bore at maturit4e and T'rusto.
to's empeennatione in event of fore *& eeolleetione as set forth Is
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