64 TIMBER BONDS 



Wheeeas, the parties of the first and second 

 parts are jointly interested in the carrjdng out 

 of the corporate purposes of Linn and Lane 

 Timber Company on account of which Linn and 

 Lane Timber Company desires the funds to be 

 obtained by it by the execution, issue and ne- 

 gotiation of the bonds above described, and the 

 C. A. Smith Lumber and Manufacturing Com- 

 pany is pecuniarily interested in the sale of 

 said bonds, and in the application of the pro- 

 ceeds thereof to the aforesaid corporate pur- 

 poses of Linn and Lane Timber Company; and 



Whereas, both the Board of Directors and 

 the owners of the entire capital stock of the said 

 C. A. Smith Lumber and Manufacturing Com- 

 pany by appropriate action regularly taken and 

 legally expressed, have unanimously resolved 

 that said Lumber and Manufacturing Company 

 join in this mortgage and include herein its said 

 mill plant and equipment, and the land upon 

 which it is located, all as hereinafter described ; 

 and 



Wheeeas, all things necessary to make said 

 bonds when executed by the Company and cer- 

 tified by the Corporation Trustee, a valid, bind- 

 ing, legal, negotiable obligation of the Com- 

 pany, and this instrument a valid mortgage to 

 secure the payment thereof, have been done, 

 happened and been performed: 



Now theeefore, for and in consideration of 

 One Dollar ($1.00) in hand paid by the parties 

 of the third part to the parties of the first and 



