TRUST DEEDS 229 



The registry of any bond shall not impair 

 the negotiability of the coupons, but the same 

 shall continue to be transferable by delivery 

 notwithstanding such registration. 



ARTICLE III. 



In ease any bond issued under this instru- 

 ment or the coupons thereto appertaining, shall 

 become mutilated, lost or destroyed, the Com- 

 pany in its discretion may issue and thereupon 

 the Corporation Trustee shall certify and de- 

 liver a new bond of like date, tenor and amount, 

 bearing the same number as the one mutilated, 

 lost or destroyed, in exchange for and in place 

 of and upon the cancellation of the mutilated 

 bond or coupons, or in lieu of and substitution 

 for the same, if lost or destroyed. In such 

 case the applicant for such new or substituted 

 bond shall bear the expense of furnishing the 

 same. 



The Company shall not be required to issue 

 nor the Corporation Trustee to certify a new 

 bond in lieu of any bond alleged to have been 

 lost or destroyed unless the applicant for such 

 new bond shall first furnish evidence of such 

 loss or destruction, and indemnity against its 

 subsequent presentation as an obligation of 

 the Company, which evidence and indemnity 

 shall be satisfactory to both the Company and 

 the Corporation Trustee, in their discretion. 



