178 TIMBER BONDS 



sors or assigns, or the Trustees or either of 

 them hereinafter mentioned, may he required 

 or i)ermitted to pay, or to deduct or retain 

 therefrom luider or ])y reason of any present or 

 future law. 



This hond is one of a series of 200 honds in 

 denominations of $1,000, numhered consecutive- 

 ly from 1 to 200, hoth numhers inclusive, and 

 which are due and payahle as follows : Bonds 

 numbered 1 to 33 inclusive. May 15, 1911; 

 Bonds numbered 34 to 66 inclusive November 

 15, 1911; Bonds numbered 67 to 99 inclusive 

 May 15, 1912; Bonds numbered 100 to 132 in- 

 clusive November 15, 1912; Bonds numbered 

 133 to 165 inclusive May 15, 1913 ; and Bonds 

 numbered 166 to 200 inclusive November 15, 

 1913 ; all issued imder the provisions of and all 

 equally secured by a first mortgage or deed of 

 trust dated November 17, 1910, duly authorized, 

 executed, acknowledged and delivered by the 

 maker hereof to Union Trust Company of Chi- 

 cago, Illinois, and John K. Lyon, of Hubbard 

 Woods, Cook County, Illinois, as Trustees, 

 which mortgage or deed of trust conveys tim- 

 ber, lands, logging rights, a logging railroad, 

 logging equipment and other property in Lib- 

 erty County, Georgia, and which has been prop- 

 erly recorded in said county. For a more com- 

 plete description of the property thereby mort- 

 gaged; the nature and extent of the security; 

 the description of the bonds thereby secured 

 and the rights of the holders thereof under the 



