1. If the default be as to the interest of any of
the Bonds aforesaid, Such requisition upon the
Said Trustees Shall be by holders of not less then
One hundred thousand dollars in aggregate
amount of the said Bonds, and upon Such requi
=sition and a proper indemnification by the persons
making the Same the Trustees against the Costs
and expenses to be by them incurred it Shall be the
duty of the Trustees to enforce the rights of the Bond
holders under these presents by entry, Sale or legal
proceedings as they being expedient for the interest
of all the holders of said Bonds
2. If the default shall be in the omission to Comply
with any other provisions herein Contained to be
performed or Kept by the Said Company, then and
in Such Case the requisition Shall be as aforesaid,
but it shall be within the discretion of the Trustees
to enforce or waive the rights of the Bond holders by
reason of such default, Subject to the power
hereby declared of a Majority in interest of the holders
of the said Bonds by requisition in writing, Signed
by such majority to instruct the said Trustees, to
waive such default, or upon adequate indemnity
as aforesaid to enforce either rights by reason thereof,
Provided that no action of the said trustees or
Bondholders Shall extend to or be taken to affect any
Subsequent default, or to impair the rights
resulting therefrom
                 Article Ninth
It is mutually agreed by and between the par
=ties that in case one or both of the Trustees herein
appointed Shall die or resign or be removed
a Successor or Successors may be appointed by the
party of the first part, Subject to the approval of a
Majority of the Bond holders who Shall be notified
by a printed notice published ten consecutive
days in a news paper in the City of New York to
meet for the purpose of Signifying their Choice
and in Case they do not disapprove of the appoint
=tment of the party of the first part within one
month after Such notice shall have been first
published, the trustee or Trustees so appointed
Shall be authorized to act under this agreement
If the Majority of the Bond holders dis approve
and so notify the party of the first part, then the
party of the first part Shall nominate Some other