TRUST DEEDS 255 



equity, or otherwise, under this instrument, or 

 upon any bond or coupon secured hereby, for 

 the purpose of enforcing any covenant or rem- 

 edy herein or in said bonds or coupons con- 

 tained, or to foreclose this mortgage, except in 

 case of refusal on the part of the Trustees to 

 comply with any duty imposed on them in re- 

 spect of any such covenant or foreclosure after 

 demand by the holder or holders of such bonds 

 or coupons and the production of such bonds 

 or coupons by the holder thereof to the Trus- 

 tees, or the furnishing by such holders of oth- 

 er evidence satisfactory to the Trustees that 

 they are such holders, and the giving to the 

 Trustees of indemnity satisfactory to them, 

 securing them against liability by reason of 

 the action requested; but no inaction by said 

 Trustees upon any such request shall be deemed 

 a refusal until after the expiration of a 

 reasonable time and not less than twenty (20) 

 days for the consideration thereof by said 

 Trustees. 



In every case in which the Trustees are au- 

 thorized or required, under any provision of 

 this instrument, to take any action upon the 

 request of the holders of said bonds, the Trus- 

 tees shall have the right to require the person 

 or persons presenting such requests to furnish 

 proof as to the ownership of such bonds as 

 may be presented by him or them, by affidavit 

 or other evidence satisfactory to the Trustees; 

 and if such proof be so required, the said re- 



