TRUST DEEDS 233 



working order and condition, and if worn out 

 or injured will be replaced by other property 

 suitable to the business for which it is now 

 used, and of at least equal value, and that such 

 logging railroad, equipment and appurtenances 

 and such logging plant, equipment and ap- 

 purtenances shall not be removed from the 

 mortgaged premises without the consent of the 

 Trustees hereunder. 



The Company covenants that it will keep 

 proper books of record and account showing 

 full, true and perfect entries of all dealings 

 or transactions of or in relation to the plants, 

 properties, business and affairs of the Compa- 

 ny, and which shall at all times be open to the 

 inspection of the Trustees or either of them, 

 and of Lyon, Gary «& Company, an Illinois 

 corporation, or of their respective successors 

 hereunder; and that whenever requested either 

 by the Trustees or by Lyon, Gary & Company, 

 or their respective successors, the Company 

 shall and will furnish complete statements 

 showing its financial condition, together with 

 such other information bearing on the security 

 of the bonds as may be requested. 



So long as there shall be no default in any 

 of the covenants in this instrument contained, 

 the Company shall continue in the possession 

 of all the property embraced herein, and hereby 

 conveved to the Trustees. 



