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bonds shall not pass until then; and that in event of my failure to complete the agreed payments, said corporation may retain, as liquidated damages, all sums paid hereunder.

This is the only agreement made between the parties, and no verbal or written statements, except those printed herein, shall be effective.

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All payments, checks, notes and drafts, must be payable to Republic Finance Corporation. No exceptions.

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First mortgage six and one-half per cent. serial gold bond.

KNOW ALL MEN BY THESE PRESENTS:

That, Nicollet Hotel Incorporated, a corporation duly organized and existing under and by virtue of the laws of the state of Delaware, with its principal place of business in the city of Minneapolis, Minnesota, hereby acknowledges itself to be indebted, and for value received, promises to pay to the bearer, or in case of registration, to the registered holder thereof, the sum of dollars on the first day of July, 19-, together with interest thereon at the rate of six and one-half per cent. per annum, payable semi-annually, on the first day of January and July of each year until paid, interest to maturity being represented by appropriate coupons hereto attached; both principal and interest being payable in gold coin of the United States of America, of, or equal to the present standard weight and fineness, at the office of The Minnesota Loan and Trust Company, in Minneapolis, Minnesota.

Taxes.

Both the principal and interest of this bond are payable without deduction for taxes, or charges in the nature thereof hereon, or on the debt evidenced hereby, which the obligor may be required to pay, or retain therefrom, by reason of any present or future law, including the Federal Normal Income Tax at a rate not exceeding two per cent. per annum, but not including any portion of such tax, in excess of two per cent. per annum.

Secured by trust deed.

This bond is one of an authorized issue of one million eight hundred thousand dollars ($1,800,000.00), face value, of bonds, issued under and pursuant to, and all equally secured by a trust deed, or mortgage, dated, 19, duly executed by the obligor to the Minnesota Loan and Trust Company, a Minnesota corporation, as trustee, to which trust deed, or mortgage, reference is hereby made for a description of the property thereby mortgaged, conveyed, or assigned, the nature and extent of the security thereby created, the rights of the holder of this bond in respect thereto, and the terms and conditions on which it is issued.

Accelerated maturity.

In case of certain defaults specified in said trust deed, or mortgage, the principal of this bond, as well as the principal of all of the bonds of said issue, may be declared and may become due and payable, in the manner and with the effect provided in said trust deed, or mortgage.

Optional payment before maturity.

In the manner and on the terms provided in said trust deed, or mortgage, this bond is payable, at the option of the obligor, on any interest payment date, before maturity, on payment of the principal and accrued interest thereon, and a premium of one per cent. for each year, or fraction thereof, that may elapse from the interest payment date on which the bond is called for payment, up to the date of expressed maturity of the bond. In no event, however, shall said premium exceed five per cent. of the principal.

Registration and transfer.

This bond is registerable as to principal, but not as to interest, at the option of the holder, on the books of The Minnesota Loan and Trust Company, and if so registered shall pass only by a transfer upon said books, unless the last transfer shall have

been made and registered to bearer, in which case it shall again pass by delivery until again registered. No registration of this. bond, however, shall affect the negotiability of its coupons.

Authentication by trustee.

This bond shall not be entitled to any security, or benefit, of said trust deed, or mortgage, and shall not become valid, or obligatory, for any purpose, until it shall have been authenticated by the execution of the certificate hereon indorsed by said trustee.

Limitation of security.

No recourse shall be had for the payment of the principal, or the interest, upon this bond, or for any claim based hereon, or otherwise in respect hereof, or on said trust deed, or mortgage, against any incorporator, stockholders, officer, or director, past, present or future, of the obligor, or of any successor corporation.

Execution.

Witness whereof, Nicolett Hotel, Incorporated, has caused this bond to be signed by its president, or vice-president, and secretary, and its corporate seal to be hereunto affixed, and the coupons attached hereto to be authenticated by the facsimile signature of its treasurer, this first day of July, 19-. Nicollet Hotel, Incorporated. By

President.

Secretary.

(Involved in Mackin v. Nicollet Hotel, 10 Fed. (2d) 375, and furnished by Hubert Harvey, attorney, St. Paul, Minn.)

Form 3260.

Bond and Coupons.

No.

UNITED STATES OF AMERICA, STATE OF NEW YORK.

$1,000.00.

THE ATLANTIC BRIDGE COMPANY OF NEW JERSEY. First Mortgage, Twenty-Five-Year Five Per Cent. Gold Bond. On the day of, A. D. 19-, for value received, The Atlantic Bridge Company promises to pay the bearer the sum of $1,000.00 in gold coin of the United States of America of or equal to the present standard of weight and fineness, at the

office of The Union Loan and Trust Company, and to pay interest thereon at the rate of five per cent. per annum, payable quarterly on the first days of January, April, July and October, in the gold coin aforesaid, at the said office of the said The Union Loan and Trust Company, upon the presentation and surrender of the coupons annexed and to be annexed hereto, as they severally become due.

This bond is one of an issue of bonds and coupons duly registered, of like tenor, to an amount not exceeding in the aggregate twenty million dollars, all of which are equally secured by a mortgage deed of trust bearing date 19, made by

the said The Atlantic Bridge Company to the said The Union Loan and Trust Company, as trustee of and upon the property and franchises of The Atlantic Bridge Company.

In case of default for six months after due demand in the payment of interest on any of said bonds, the principal of all thereof may be declared due in the manner and with the effect provided in said mortgage deed of trust.

All payments upon this bond of both principal and interest are to be made without deduction for any tax or taxes which said Bridge Company may be required to pay or to retain therefrom, by any present or future laws of the United States of America, or any of the states thereof, said Bridge Company hereby covenanting and agreeing to pay any and all such tax or taxes.

The holder of this bond may at any time at his option surrender the same, with the undue coupons attached, to the registrar of said bonds, to be canceled, and receive in lieu thereof, a registered bond in the form provided in the mortgage deed of trust.

This bond shall not be valid or obligatory until the certificate endorsed hereon shall be signed by the trustee under said mortgage deed of trust.

In Witness Whereof, The Atlantic Bridge Company has on this day of, 19-, caused its corporate seal to be affixed hereto, and this bond to be. signed by its vice-president and treasurer, and has also caused a fac-simile signature of its treasurer to be engraved on each of the coupons hereto annexed. The Atlantic Bridge Company,

By

Vice-President.

Treasurer.

Attest:

$10.00

On the

Secretary.

Form of coupon.

$10.00

day of, 19-, The Atlantic Bridge Company will pay to the bearer at the office of The Union Loan and Trust Company, ten dollars in gold coin, being three months' interest due on its first mortgage bonds for one thousand dollars. No.

Treasurer.

And said bonds are to bear the following certificate indorsed upon them, to be signed by said trustee :

Trustee's certificate.

The Union Loan and Trust Company, trustee, hereby certifies that this bond is one of the issue referred to within.

The Union Loan and Trust Company, Trustee,
By C D, Vice-President.

See §§ 2310 et seq., 2355 et seq., 2410 et seq., 2665 et seq.

Form 3261.

Bond and Coupons-Another Form.

UNITED STATES OF AMERICA.

State of

Company.

Twenty-Year, Five Per Cent. Gold Coupon Bond.

No.

$1,000.00.

KNOW ALL MEN BY THESE PRESENTS:

That the

company, a corporation created and existing by virtue of the laws of the state of, for value received, hereby promises to pay on the

day of, A. D. 19—,

at the office of the National Trust Company, in the city of state of, to the bearer, or, if registered, to the registered holder of this bond, the sum of one thousand dollars ($1,000.00) in gold coin of the United States of America of the present standard of weight and fineness, and to pay interest thereon from the day of A. D. 19, at the rate of five per cent. per annum; such interest to be payable at the office aforesaid, in like gold coin, semi-annually on the first day of

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