The........ (......___) shares of the capital stock of..........

..........owned by....................and to be cancelled as stated in Paragraph (b) of Article VIII of this agreement, are now held by...................., as Trustee, in pledge under an indenture dated........, executed by

....................and.................... to it to secure the....................and.......................s'

....................Per Cent Gold Bonds,...............

..........collateral (hereinafter called...................

..........collateral bonds), to an amount not exceeding $........, of which there have been issued and are now outstanding $........and no additional amount thereof is to be issued. In Section.... of Article----of said indenture there is the following provision:.................................

The holders of........per cent in amount of said..........

....................collateral bonds have given their approval to the consolidation of...............and..........

......and...............and...................upon the terms of this agreement. In compliance with the provisions above quoted therefrom, the said indenture executed by

...................and....................to the.....

....., as Trustee, dated........, securing said..........

....................collateral bonds to the amount of $........, is hereby made and declared to be a lien upon the property of..............and................so consolidated with....................and....................

and with the other companies parties hereto. In further evidence of the lien and security hereby created, there shall be executed by the consolidated corporation formed under this agreement to such Trustee or Trustees as the Board of Directors of the consolidated corporation may name, a mortgage securing, by prior lien thereunder, said....................

collateral bonds to the amount of $........; the property to be described in and included under said mortgage to be the same property as is described in and included under the mortgage executed by....................and...............

to the...............and...............as Trustees, dated

........, securing its........per cent (first mortgage) gold bonds, except that said mortgage shall be a lien upon the

....................instead of upon the leasehold interest of

...............and...............therein. The mortgage so to be executed shall secure, by secondary lien thereunder, not to exceed $........of...............'s ........per cent, (description of bonds), to be issued, par for par, to pay and refund said...............collateral bonds. The total amount of said...............collateral bonds and of said

........per cent (description of bonds) outstanding and secured by said mortgage so to be executed shall not together at any time exceed $......... The lien of the mortgage securing said..............collateral bonds and said.....

.....(description of bonds) on the property included thereunder shall immediately follow the lien of a mortgage securing the................and................'s (description of bonds) together aggregating $.........

Holders of said.......................................

collateral bonds for which consents to the consolidation of

.................... shall have been given and accepted by the .................. not exceeding in the aggregate

.............. ($.............) dollars, par value, shall have the right at any time following this consolidation, to have issued to them by the consolidated corporation, in payment and refunding of their bonds for which consents shall have been so given and accepted and upon surrender of such bonds to the consolidated corporation for cancellation, the..........

.............and..................(description of bonds) for a principal sum equal to the principal sum of the bonds so surrendered. The remainder of said (description of bonds) hereafter, at the election of the consolidated corporation and with the approval of such governmental bodies as shall then have authority in the premises, may be issued to pay and refund said.........................................collateral bonds the holders of which shall not have consented to this consolidation.