TRUST DEEDS 61 



business in the State of Oregon, hereby promises to pay 

 to the bearer hereof, or in case this bond be registered, 

 then to the registered holder hereof, Dol- 

 lars, on the first day of 19 and to pay 



interest thereon from the date hereof at the rate of six 

 (6) per cent per annum payable semi-annually on the first 

 day of December and the first day of June in each year, 

 upon the presentation and surrender of the coupons hereto 

 annexed as they severally become due, both principal and 

 interest being payable at the banking house of Union Trust 

 Company, in the City of Chicago, and State of Illinois, In 

 gold coin of the United States of America, of or equal to 

 the present standard of weight and fineness, notwithstand- 

 ing any law which may now or hereafter make anything 

 else legal tender for the payment of debts, without deduc- 

 tion for any United States, State, County, Municipal or 

 other tax or taxes or governmental or other charges, which 

 the Company or its successors or assigns, or the Trustees 

 or either of them, hereinafter mentioned may be required, 

 or permitted, to pay, or to deduct or retain therefrom under 

 or by reason of any present or future law. 



This bond is one of a series of 1575 bonds in denomina- 

 tions of $1,000 and $500 maturing at divers dates during 

 the period from December 1, 1911, to June 1, 1927, both 

 dates inclusive, amounting in the aggregate as to the prin- 

 cipal thereof to $1,500,000 issued under the provisions and 

 equally secured by a first mortgage or deed of trust dated 

 June 6, 1910, duly executed, acknowledged, recorded and 

 delivered by the Company to Union Trust Company and 

 Frederick H. Rawson of Chicago, Illinois, as Trustees. The 

 said mortgage or deed of trust is joined in by C. A. Smith 

 Lumber and Manufacturing Company, a corporation under 

 the laws of the State of Minnesota and duly qualified to 

 do business in the State of Oregon, conveying certain of 

 its property therein described. The said mortgage or deed 

 of trust embraces timber, timber lands, logging rights, a 

 saw-mill plant, and other similar property in the Counties 

 of Coos, Curry, Douglas, Lane, Lincoln and Linn, all in the 

 State of Oregon. For a more complete description of the 

 property thereby mortgaged; the nature and extent of the 

 security; the description of the bonds thereby secured and 

 the rights of the holders thereof under the same and the 

 terms and conditions upon which said bonds are Issued, 

 reference is hereby made to said mortgage or deed of trust 

 with the same force and effect as if the provisions thereof 

 were herein fully set forth. 



In case an event of default as defined in the aforesaid 

 mortgage or deed of trust shall occur, then the principal 



