132 TIMBER BONDS 



'Mid payable under such redemption. All bonds 

 so designated for redemption shall become due 

 and payable on the date given in such published 

 notice, and shall from such date cease to draw 

 interest, provided that at or prior to such date 

 there shall have been deposited with the Cor- 

 poration Trustee the proper amount of money 

 for the redemption of said bonds so designated 

 for redemption. Upon the deposit with the 

 Corporation Trustee of the proper amount of 

 money for the redemption of any bond or bonds 

 so designated, the Company and the Trustees 

 may be privileged to consider such bond or 

 bonds as paid and cancelled, and the Company 

 shall be under no further obligation to the 

 holder or holders of such bond or bonds; nor 

 shall the Trustee be further liable or under 

 obligation to such holder or holders except for 

 the moneys deposited in redemption of such 

 bonds, to be paid without interest upon their 

 surrender. 



ARTICLE VIII. 



Subject to the right of suspension or revoca- 

 tion as provided in Article XII hereof and so 

 long as the Company shall not be in default 

 in the payment of any of the bonds or interest 

 coupons secured hereby, or in the payment of 

 taxes or other governmental assessments or 

 charges as provided in this mortgage, or in the 

 performance of any of the other covenants 

 herein contained on its part to be performed, 



