182 



TIMBER BONDS 



form except by the Kegistrar, the Union Trust 

 Company. 



And whebeas, all things necessary to make 

 said bonds when executed by the Company and 

 certified by the Corporation Trustee, a valid, 

 binding, legal, negotiable obligation of the 

 Company, and this instrument a valid mort- 

 gage to secure the pa5^ment thereof, have been 

 done, happened and been performed: — 



Now, THEREFOEE, for and in consideration of 

 One Dollar in hand paid by the parties of the 

 second part to the party of the first part, the 

 receipt whereof is hereby acknowledged, and 

 the other considerations herein expressed, and 

 in order to secure the payment of the principal 

 and interest of all of said bonds above de- 

 scribed, at any time outstanding, according to 

 their tenor and effect, and to secure the per- 

 formance of all the covenants and conditions 

 herein contained, and to declare the terms and 

 conditions upon which said bonds are issued or 

 to be issued, and for and in consideration of 



