54 TIMBER BONDS 



that the company issuing the bonds has perfect 

 title to the property to be mortgaged under the 

 trust deed; that there are no liens against the 

 property; that the company has been legally 

 and properly incorporated; that the company 

 has the right to mortgage the property; that 

 the meeting of the stockholders at which the 

 resolution to bond the property was passed was 

 legally and regularly .called ; that the necessary 

 number of votes were cast in favor of the bond 

 issue ; that the mortgage is properly drawn, the 

 trustee duly qualified and the bond properly 

 lithographed. The most vital work of the at- 

 torney is making the mortgage or trust deed. 



