TRUST DEEDS 273 



without deduction for any United States, State, 

 County, Municipal or other tax or taxes or gov- 

 ernmental or other charges, which the Company 

 or its successors or assigns, or the Trustees or 

 either of them hereinafter mentioned, may be 

 required or permitted to pay, or to deduct or 

 retain therefrom under or by reason of any 

 present or future law. 



This bond is one of a series of 40 bonds in 

 denominations of $1,000, numbered consecu- 

 tively from 1 to 40, both numbers inclusive, ma- 

 turing at divers dates during the period from 

 July 1, 1912, to January 1, 1916, both dates in- 

 clusive, amounting in the aggregate as to the 

 principal thereof, to $40,000, issued under the 

 provisions and all equally secured by a first 

 mortgage or deed of trust dated January 2, 

 1911, duly authorized, executed, acknowledged 

 and delivered by the Company to Union Trust 

 Company of Chicago, Illinois, and John K. 

 Lyon, of Hubbard Woods, Cook County, Illi- 

 nois, as Trustees, which mortgage or deed of 

 trust conveys timber, lands, logging rights, a 

 logging plant, a planing mill and a saw-mill, 

 with their respective equipment and appurte- 

 nances, and other property, in the Counties of 

 Lane and Linn, in the State of Oregon, and 

 which has been properly recorded in both of 

 said counties. For a more complete descrip- 

 tion of the property thereby mortgaged; the 

 nature and extent of the security; the descrip- 

 tion of the bonds therebv secured and the 



