258 TIMBER BONDS 



provided the Company shall join, (or the hold- 

 ers of three-quarters in amount of the bonds 

 then outstanding hereunder without such join- 

 der) may, by a writing under tlieir respective 

 hands and seals, change the Trustees and ap- 

 point new Trustees (one Trustee always to be 

 a private person and the other to be a Trust 

 Company organized under the laws of the State 

 of Illinois, said John W. Gary to be the imme- 

 diate successor Trustee to John K. Lyon), 

 which instrument, when recorded in the proper 

 offices for recording deeds and mortgages in 

 Liberty County, State of Georgia, (and on pay- 

 ment to said Trustees of all charges and com- 

 pensation to which they shall at that time be 

 entitled hereunder including reasonable coun- 

 sel and attorneys' fees) shall ipso facto, and 

 without any further action, substitute such new 

 Trustees in the place of the Trustees herein 

 named, or in place of any successor Trustees, 

 with all the rights, powers and privileges 

 granted to the said Trustees under this instru- 

 ment, and no convevance from the old Trus- 

 tees to the said Trustees thus appointed shall 

 be necessary to convey the trust premises to 

 such new Trustees, but the old Trustees shall 

 and will, upon the request of such new Trus- 

 tees, execute any conveyance necessary or 

 proper in order to vest the said premises in 

 such new Trustees. 



In case of the death or resignation, or the 

 incapacity or inability of the said John K. 



