Section 1. The amount of notes to be issued hereunder which may be executed by the Promisors, and which may be authenticated by the Trustee, shall never exceed the aggregate principal sum of $ at any one time outstanding. The notes to be issued hereunder shall from time to time be signed by the Promisors, as Trustees under said agreement and declaration of trust, dated , 19 , and not Individually, or such notes bearing the name of each of the Promisors, as such Trustees, shall be signed by one of their agents duly appointed as hereinafter provided in section 1 of Article Sixth hereof, and such notes shall then be delivered for authentication to the Trustee; and thereupon, the said notes shall be authenticated and delivered as is provided in sections 3 and 4 of this Article First and not otherwise. In case any of the trustees in whose names any of the said notes shall have been signed shall cease to be trustees or trustee under said agreement and declaration of trust dated , 19 , and thereby shall cease to be Promisors or Promisor hereunder, or in case any agent who, on behalf of the Promisors, shall have signed any of said notes shall cease to be such agent, before the notes so signed shall have been actually executed, and authenticated and delivered by the Trustee, such notes may nevertheless be executed, and when so executed may be issued, authenticated and delivered as though the said three persons in whose names such notes had been signed, or the agent who had signed such notes on behalf of the Promisors, had not ceased to be such trustees and Promisors, or Trustee and Promisor, or such agent, as the case may be....

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