TRUST DEEDS 141 



making such defense shall be deducted from 

 any award and only the surplus paid over to 

 the Trustees as herein provided. 



But the Company shall not be entitled to have 

 the release of any property covered hereby on 

 account of bonds purchased with money coming- 

 through condemnation or expropriation pro- 

 ceedings. 



ARTICLE XIV. 



If the Company or its successors or assigns, 

 shall well and truly pay or cause to be paid to 

 the holders thereof the principal of all bonds se- 

 cured hereby, or intended so to be, and the in- 

 terest moneys to become due thereon respect- 

 ively, at the time and in the manner specified 

 in the said bonds and coupons, without deduc- 

 tion for United States, State, County, Muni- 

 cipal or other tax or taxes, or assessments, or 

 other governmental charges which the Compa- 

 ny may be required or permitted to pay or re- 

 tain therefrom by any present or future law, 

 according to the true tenor and effect thereof, 

 or if at any time the Company shall acquire 

 and cancel all of the bonds and interest coupons 

 secured hereby, and pay off and discharge all 

 obligations incurred hereunder including the 

 payment of the reasonable charges and ex- 

 penses of the Trustees, then these presents and 

 the trusts hereby created, and all the estate, 

 right, title and interest hereby vested in the 

 said Trustees, their successors and assigns, in 



