Exhibit 4(a)3
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MINNESOTA POWER & LIGHT COMPANY
TO
THE BANK OF NEW YORK
(formerly Irving Trust Company)
AND
X.X. XXXXXXXXXX
(successor to Xxxxxxx X. Xxxx, X.X. Xxxxxx,
X.X. XxXxxx, D.W. May and X.X. Xxxxxxx)
As Trustees under Minnesota Power &
Light Company's Mortgage and Deed of
Trust dated as of September 1, 1945
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Nineteenth Supplemental Indenture
Providing among other things for
First Mortgage Bonds, 7% Series Due February 15, 2007
(Twenty-fifth Series)
Dated as of February 1, 1997
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NINETEENTH SUPPLEMENTAL INDENTURE
THIS INDENTURE, dated as of February 1, 1997, by and between MINNESOTA
POWER & LIGHT COMPANY, a corporation of the State of Minnesota, whose post
office address is 00 Xxxx Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxx 00000 (hereinafter
sometimes called the "Company"), and THE BANK OF NEW YORK (formerly Irving Trust
Company), a corporation of the State of New York, whose post office address is
000 Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 (hereinafter sometimes called the
"Corporate Trustee"), and X. X. XXXXXXXXXX (successor to Xxxxxxx X. Xxxx, X. X.
Xxxxxx, X. X. XxXxxx, X. X. May and X. X. Xxxxxxx), whose post office address is
0 Xxxxxxxxx Xxxxx, Xxxxxxxx, Xxx Xxxxxx 00000 (said X. X. Xxxxxxxxxx being
hereinafter sometimes called the "Co-Trustee" and the Corporate Trustee and the
Co-Trustee being hereinafter together sometimes called the "Trustees"), as
Trustees under the Mortgage and Deed of Trust, dated as of September 1, 1945,
between the Company and Irving Trust Company and Xxxxxxx X. Xxxx, as Trustees,
securing bonds issued and to be issued as provided therein (hereinafter
sometimes called the "Mortgage"), reference to which mortgage is hereby made,
this indenture (hereinafter sometimes called the "Nineteenth Supplemental
Indenture") being supplemental thereto:
WHEREAS, the Mortgage was filed and recorded in various official
records in the State of Minnesota; and
WHEREAS, an instrument, dated as of October 16, 1957, was executed and
delivered under which X.X. Xxxxxx succeeded Xxxxxxx X. Xxxx as Co-Trustee under
the Mortgage, and such instrument was filed and recorded in various official
records in the State of Minnesota; and
WHEREAS, an instrument, dated as of April 4, 1967, was executed and
delivered under which X. X. XxXxxx in turn succeeded X. X. Xxxxxx as Co-Trustee
under the Mortgage, and such instrument was filed and recorded in various
official records in the State of Minnesota; and
WHEREAS, under the Sixth Supplemental Indenture, dated as of August 1,
1975, to which reference is hereinafter made, D.W. May in turn succeeded X. X.
XxXxxx as Co-Trustee under the Mortgage; and
WHEREAS, an instrument, dated as of June 25, 1984, was executed and
delivered under which X. X. Xxxxxxx in turn succeeded D. W. May as Co-Trustee
under the Mortgage, and such instrument was filed and recorded in various
official records in the State of Minnesota; and
WHEREAS, an instrument, dated as of July 27, 1988, was executed and
delivered under which X. X. Xxxxxxxxxx in turn succeeded X.X. Xxxxxxx as
Co-Trustee under the Mortgage, and such instrument was filed and recorded in
various official records in the State of Minnesota; and
-2-
WHEREAS, by the Mortgage the Company covenanted, among other things,
that it would execute and deliver such supplemental indenture or indentures and
such further instruments and do such further acts as might be necessary or
proper to carry out more effectually the purposes of the Mortgage and to make
subject to the lien of the Mortgage any property thereafter acquired and
intended to be subject to the lien thereof; and
WHEREAS, for said purposes, among others, the Company executed and
delivered the following indentures supplemental to the Mortgage:
Designation Dated as of
----------- -----------
First Supplemental Indenture . . . . . . . . . March 1, 1949
Second Supplemental Indenture . . . . . . . . . July 1, 1951
Third Supplemental Indenture . . . . . . . . . March 1, 1957
Fourth Supplemental Indenture . . . . . . . . . January 1, 1968
Fifth Supplemental Indenture . . . . . . . . . April 1, 1971
Sixth Supplemental Indenture . . . . . . . . . August 1, 1975
Seventh Supplemental Indenture . . . . . . . . September 1, 1976
Eighth Supplemental Indenture . . . . . . . . . September 1, 1977
Ninth Supplemental Indenture . . . . . . . . . April 1, 1978
Tenth Supplemental Indenture . . . . . . . . . August 1, 1978
Eleventh Supplemental Indenture . . . . . . . . December 1, 1982
Twelfth Supplemental Indenture . . . . . . . . April 1, 1987
Thirteenth Supplemental Indenture . . . . . . . March 1, 1992
Fourteenth Supplemental Indenture . . . . . . . June 1, 1992
Fifteenth Supplemental Indenture . . . . . . . July 1, 1992
Sixteenth Supplemental Indenture . . . . . . . July 1, 1992
Seventeenth Supplemental Indenture . . . . . . February 1, 1993
which supplemental indentures were filed and recorded in various official
records in the State of Minnesota; and
WHEREAS, for said purposes, among others, the Company also executed and
delivered a Eighteenth Supplemental Indenture, dated as of July 1, 1993, which
was filed and recorded in various official records in the State of Minnesota as
follows:
Registrar
County in Recorder of Titles
Minnesota Date Doc. No. Date Doc. No.
--------- ---- -------- ---- -------
Aitkin............... 7/22/93 279192 --- ---
Xxxxxx............... 7/22/93 216475 --- ---
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Registrar
County in Recorder of Titles
Minnesota Date Doc. No. Date Doc. No.
--------- ---- -------- ---- --------
Carlton.............. 7/26/93 290406 7/26/93 17009
Cass................. 7/22/93 349234 --- ---
Crow Wing............ 8/4/93 454463 8/4/93 107838
Xxxxxxx.............. 7/22/93 217070 --- ---
Itasca............... 8/9/93 443960 8/9/93 32531
Koochiching.......... 7/22/93 203656 --- ---
Lake................. 7/26/93 124992 7/26/93 22877
Xxxxxxxx............. 7/26/93 346958 7/26/93 0000
Xxxxx Tail........... 7/22/93 747792 ---
Pine................. 7/23/93 335532 --- ---
St. Louis............ 7/29/93 578489 7/29/93 568173
Xxxxxxx.............. 7/22/93 750975 --- ---
Xxxx................. 7/22/93 353561 --- ---
Wadena............... 7/26/93 169695 --- ---
Xxxxxx xx Xxxxxxxxx xx Xxxxx xx Xxxxxxxxx; recorded July 27, 1993 as Document
No. 1604887; and
WHEREAS, the Company has heretofore issued, in accordance with the
provisions of the Mortgage, as heretofore supplemented, the following series of
First Mortgage Bonds:
Principal Principal
Amount Amount
Series Issued Outstanding
------ --------- -----------
3-1/8% Series due 1975 .............. $26,000,000 None
3-1/8% Series due 1979 .............. 4,000,000 None
3-5/8% Series due 1981 .............. 10,000,000 None
4-3/4% Series due 1987 .............. 12,000,000 None
6-1/2% Series due 1998 .............. 18,000,000 $18,000,000
8-1/8% Series due 2001 .............. 23,000,000 None
10-1/2% Series due 2005 ............. 35,000,000 None
8.70% Series due 2006 ............... 35,000,000 None
8.35% Series due 2007 ............... 50,000,000 None
9-1/4% Series due 2008 .............. 50,000,000 None
Pollution Control Series A .......... 111,000,000 None
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Principal Principal
Amount Amount
Series Issued Outstanding
------ ---------- -----------
Industrial Development Series A ..... $2,500,000 None
Industrial Development Series B ..... 1,800,000 None
Industrial Development Series C ..... 1,150,000 None
Pollution Control Series B .......... 13,500,000 None
Pollution Control Series C .......... 2,000,000 None
Pollution Control Series D .......... 3,600,000 $3,600,000
7-3/4% Series due 1994 .............. 55,000,000 None
7-3/8% Series due March 1, 1997 ..... 60,000,000 60,000,000
7-3/4% Series due June 1, 2007 ...... 55,000,000 55,000,000
7-1/2% Series due August 1, 2007 .... 35,000,000 35,000,000
Pollution Control Series E .......... 111,000,000 111,000,000
7% Series due March 1, 2008 ......... 50,000,000 50,000,000
6-1/4% Series due July 1, 2003 ...... 25,000,000 25,000,000
which bonds are also hereinafter sometimes called bonds of the First through
Twenty-fourth Series, respectively; and
WHEREAS, Section 8 of the Mortgage provides that the form of each
series of bonds (other than the First Series) issued thereunder and of coupons
to be attached to coupon bonds of such series shall be established by Resolution
of the Board of Directors of the Company and that the form of such series, as
established by said Board of Directors, shall specify the descriptive title of
the bonds and various other terms thereof, and may also contain such provisions
not inconsistent with the provisions of the Mortgage as the Board of Directors
may, in its discretion, cause to be inserted therein expressing or referring to
the terms and conditions upon which such bonds are to be issued and/or secured
under the Mortgage; and
WHEREAS, Section 120 of the Mortgage provides, among other things, that
any power, privilege or right expressly or impliedly reserved to or in any way
conferred upon the Company by any provision of the Mortgage, whether such power,
privilege or right is in any way restricted or is unrestricted, may (to the
extent permitted by law) be in whole or in part waived or surrendered or
subjected to any restriction if at the time unrestricted or to additional
restriction if already restricted, and the Company may enter into any further
covenants, limitations or restrictions for the benefit of any one or more series
of bonds issued thereunder, or the Company may cure any ambiguity contained
therein, or in any supplemental indenture, or may establish the terms and
provisions of any series of bonds (other than said First Series) by an
instrument in writing executed and acknowledged by the Company in such manner as
-5-
would be necessary to entitle a conveyance of real estate to record in all of
the states in which any property at the time subject to the lien of the Mortgage
shall be situated; and
WHEREAS, the Company now desires to create a new series of bonds and
(pursuant to the provisions of Section 120 of the Mortgage) to add to its
covenants and agreements contained in the Mortgage, as heretofore supplemented,
certain other covenants and agreements to be observed by it and to alter and
amend in certain respects the covenants and provisions contained in the
Mortgage, as heretofore supplemented; and
WHEREAS, the execution and delivery by the Company of this Nineteenth
Supplemental Indenture, and the terms of the bonds of the Twenty-fifth Series,
hereinafter referred to, have been duly authorized by the Board of Directors of
the Company by appropriate resolutions of said Board of Directors;
Now, THEREFORE, THIS INDENTURE WITNESSETH:
That the Company, in consideration of the premises and of One Dollar to
it duly paid by the Trustees at or before the ensealing and delivery of these
presents, the receipt whereof is hereby acknowledged, and in further evidence of
assurance of the estate, title and rights of the Trustees and in order further
to secure the payment of both the principal of and interest and premium, if any,
on the bonds from time to time issued under the Mortgage, as heretofore
supplemented, according to their tenor and effect and the performance of all the
provisions of the Mortgage (including any instruments supplemental thereto and
any modification made as in the Mortgage provided) and of said bonds, hereby
grants, bargains, sells, releases, conveys, assigns, transfers, mortgages,
pledges, sets over and confirms (subject, however, to Excepted Encumbrances)
unto THE BANK OF NEW YORK and X. X. XXXXXXXXXX, as Trustees under the Mortgage,
and to their successor or successors in said trust, and to said Trustees and
their successors and assigns forever, all property, real, personal and mixed, of
the kind or nature specifically mentioned in the Mortgage, as heretofore
supplemented, or of any other kind or nature acquired by the Company after the
date of the execution and delivery of the Mortgage, as heretofore supplemented
(except any herein or in the Mortgage, as heretofore supplemented, expressly
excepted), now owned or, subject to the provisions of subsection (I) of Section
87 of the Mortgage, hereafter acquired by the Company (by purchase,
consolidation, merger, donation, construction, erection or in any other way) and
wheresoever situated, including (without in anywise limiting or impairing by the
enumeration of the same the scope and intent of the foregoing or of any general
description contained in this Nineteenth Supplemental Indenture) all lands,
power sites, flowage rights, water rights, water locations, water
appropriations, ditches, flumes, reservoirs, reservoir sites, canals, raceways,
dams, dam sites, aqueducts, and all other rights or means for appropriating,
conveying, storing and supplying water; all rights of way and roads; all plants
for the generation of electricity by steam, water and/or other power; all power
houses, gas plants, street lighting systems, standards and other
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equipment incidental thereto, telephone, radio and television systems,
air-conditioning systems and equipment incidental thereto, water works, water
systems, steam heat and hot water plants, substations, lines, service and supply
systems, bridges, culverts, tracks, ice or refrigeration plants and equipment,
offices, buildings and other structures and the equipment thereof; all
machinery, engines, boilers, dynamos, electric, gas and other machines,
regulators, meters, transformers, generators, motors, electrical, gas and
mechanical appliances, conduits, cables, water, steam heat, gas or other pipes,
gas mains and pipes, service pipes, fittings, valves and connections, pole and
transmission lines, wires, cables, tools, implements, apparatus, furniture and
chattels; all municipal and other franchises, consents or permits; all lines for
the transmission and distribution of electric current, gas, steam heat or water
for any purpose including towers, poles, wires, cables, pipes, conduits, ducts
and all apparatus for use in connection therewith; all real estate, lands,
easements, servitudes, licenses, permits, franchises, privileges, rights of way
and other rights in or relating to real estate or the occupancy of the same and
(except as herein or in the Mortgage, as heretofore supplemented, expressly
excepted) all the right, title and interest of the Company in and to all other
property of any kind or nature appertaining to and/or used and/or occupied
and/or enjoyed in connection with any property hereinbefore or in the Mortgage,
as heretofore supplemented, described.
TOGETHER WITH all and singular the tenements, hereditaments,
prescriptions, servitudes and appurtenances belonging or in anywise appertaining
to the aforesaid property or any part thereof, with the reversion and
reversions, remainder and remainders and (subject to the provisions of Section
57 of the Mortgage) the tolls, rents, revenues, issues, earnings, income,
product and profits thereof, and all the estate, right, title and interest and
claim whatsoever, at law as well as in equity, which the Company now has or may
hereafter acquire in and to the aforesaid property and franchises and every part
and parcel thereof.
IT IS HEREBY AGREED by the Company that, subject to the provisions of
subsection (I) of Section 87 of the Mortgage, all the property, rights, and
franchises acquired by the Company (by purchase, consolidation, merger,
donation, construction, erection or in any other way) after the date hereof,
except any herein or in the Mortgage, as heretofore supplemented, expressly
excepted, shall be and are as fully granted and conveyed hereby and by the
Mortgage and as fully embraced within the lien hereof and the lien of the
Mortgage as if such property, rights and franchises were now owned by the
Company and were specifically described herein or in the Mortgage and conveyed
hereby or thereby.
PROVIDED that the following are not and are not intended to be now or
hereafter granted, bargained, sold, released, conveyed, assigned, transferred,
mortgaged, hypothecated, affected, pledged, set over or confirmed hereunder and
are hereby expressly excepted from the lien and operation of this Nineteenth
Supplemental Indenture and from the lien and operation of the Mortgage, namely:
(1) cash, shares of stock, bonds, notes and other obligations and other
securities not hereafter specifically pledged, paid, deposited, delivered or
held under the
-7-
Mortgage or covenanted so to be; (2) merchandise, equipment, apparatus,
materials or supplies held for the purpose of sale or other disposition in the
usual course of business; fuel, oil and similar materials and supplies
consumable in the operation of any of the properties of the Company; all
aircraft, rolling stock, trolley coaches, buses, motor coaches, automobiles and
other vehicles and materials and supplies held for the purpose of repairing or
replacing (in whole or part) any of the same; all timber, minerals, mineral
rights and royalties; (3) bills, notes and accounts receivable, judgments,
demands and choses in action, and all contracts, leases and operating agreements
not specifically pledged under the Mortgage or covenanted so to be; the
Company's contractual rights or other interest in or with respect to tires not
owned by the Company; (4) the last day of the term of any lease or leasehold
which may hereafter become subject to the lien of the Mortgage; (5) electric
energy, gas, steam, ice, and other materials or products generated,
manufactured, produced or purchased by the Company for sale, distribution or use
in the ordinary course of its business; and (6) the Company's franchise to be a
corporation; provided, however, that the property and rights expressly excepted
from the lien and operation of this Nineteenth Supplemental Indenture and from
the lien and operation of the Mortgage in the above subdivisions (2) and (3)
shall (to the extent permitted by law) cease to be so excepted in the event and
as of the date that either or both of the Trustees or a receiver or trustee
shall enter upon and take possession of the Mortgaged and Pledged Property in
the manner provided in Article XIII of the Mortgage by reason of the occurrence
of a Default as defined in Section 65 thereof.
TO HAVE AND TO HOLD all such properties, real, personal and mixed,
granted, bargained, sold, released, conveyed, assigned, transferred, mortgaged,
pledged, set over or confirmed by the Company as aforesaid, or intended so to
be, unto the Trustees and their successors and assigns forever.
IN TRUST NEVERTHELESS, for the same purposes and upon the same terms,
trusts and conditions and subject to and with the same provisos and covenants as
are set forth in the Mortgage, as supplemented, this Nineteenth Supplemental
Indenture being supplemental thereto.
AND IT IS HEREBY COVENANTED by the Company that all the terms,
conditions, provisos, covenants and provisions contained in the Mortgage, as
heretofore supplemented, shall affect and apply to the property hereinbefore
described and conveyed and to the estate, rights, obligations and duties of the
Company and Trustees and the beneficiaries of the trust with respect to said
property, and to the Trustees and their successors in the trust in the same
manner and with the same effect as if said property had been owned by the
Company at the time of the execution of the Mortgage, and had been specifically
and at length described in and conveyed to said Trustees by the Mortgage as a
part of the property therein stated to be conveyed.
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The Company further covenants and agrees to and with the Trustees
and their successors in said trust under the Mortgage as follows:
ARTICLE I
TWENTY-FIFTH SERIES OF BONDS
SECTION 1. There shall be a series of bonds designated "7% Series due
February 15, 2007" (herein sometimes referred to as the "Twenty-fifth Series"),
each of which shall also bear the descriptive title "First Mortgage Bond", and
the form thereof, which shall be established by Resolution of the Board of
Directors of the Company, shall contain suitable provisions with respect to the
matters hereinafter in this Section specified. Bonds of the Twenty-fifth Series
shall be dated as in Section 10 of the Mortgage provided, mature on February 15,
2007, be issued as fully registered bonds in denominations of One Thousand
Dollars and, at the option of the Company, in any multiple or multiples of One
Thousand Dollars (the exercise of such option to be evidenced by the execution
and delivery thereof) and bear interest at the rate of 7% per annum, payable
semi-annually on February 15 and August 15 of each year, commencing August 15,
1997, the principal of and interest on each said bond to be payable at the
office or agency of the Company in the Borough of Manhattan, The City of New
York, in such coin or currency of the United States of America as at the time of
payment is legal tender for public and private debts.
(I) Bonds of the Twenty-fifth Series shall not be redeemable prior to
maturity.
(II) At the option of the registered owner, any bonds of the
Twenty-fifth Series, upon surrender thereof for cancellation at the office or
agency of the Company in the Borough of Manhattan, The City of New York,
together with a written instrument of transfer wherever required by the Company
duly executed by the registered owner or by his duly authorized attorney, shall
(subject to the provisions of Section 12 of the Mortgage) be exchangeable for a
like aggregate principal amount of bonds of the same series of other authorized
denominations.
Bonds of the Twenty-fifth Series shall be transferable (subject to the
provisions of Section 12 of the Mortgage) at the office or agency of the Company
in the Borough of Manhattan, The City of New York.
Upon any exchange or transfer of bonds of the Twenty-fifth Series, the
Company may make a charge therefor sufficient to reimburse it for any tax or
taxes or other governmental charge, as provided in Section 12 of the Mortgage,
but the Company hereby waives any right to make a charge in addition thereto for
any exchange or transfer of bonds of the Twenty-fifth Series.
-9-
Upon the delivery of this Nineteenth Supplemental Indenture and upon
compliance with the applicable provisions of the Mortgage, there shall be an
initial issue of bonds of the Twenty-fifth Series for the aggregate principal
amount of $60,000,000.
ARTICLE II
DIVIDEND COVENANT
SECTION 2. The Company covenants and agrees that the provisions of
subdivision (III) of Section 39 of the Mortgage, which are to remain in effect
so long as any of the bonds of the First Series shall remain Outstanding, shall
remain in full force and effect so long as any bonds of the First through
Twenty-fifth Series shall remain Outstanding.
ARTICLE III
MISCELLANEOUS PROVISIONS
SECTION 3. Section 126 of the Mortgage, as heretofore amended, is
hereby further amended by adding the words "and February 15, 2007" after the
words "July 1, 2003".
SECTION 4. Subject to the amendments provided for in this Nineteenth
Supplemental Indenture, the terms defined in the Mortgage, as heretofore
supplemented, shall, for all purposes of this Nineteenth Supplemental Indenture,
have the meanings specified in the Mortgage, as heretofore supplemented.
SECTION 5. The holders of bonds of the Twenty-fifth Series consent that
the Company may, but shall not be obligated to, fix a record date for the
purpose of determining the holders of bonds of the Twenty-fifth Series entitled
to consent to any amendment, supplement or waiver. If a record date is fixed,
those persons who were holders at such record date (or their duly designated
proxies), and only those persons, shall be entitled to consent to such
amendment, supplement or waiver or to revoke any consent previously given,
whether or not such persons continue to be holders after such record date. No
such consent shall be valid or effective for more than 90 days after such record
date.
SECTION 6. The Trustees hereby accept the trusts herein declared,
provided, created or supplemented and agree to perform the same upon the terms
and conditions herein and in the Mortgage set forth and upon the following terms
and conditions:
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The Trustees shall not be responsible in any manner whatsoever for or in
respect of the validity or sufficiency of this Nineteenth Supplemental Indenture
or for or in respect of the recitals contained herein, all of which recitals are
made by the Company solely. In general, each and every term and condition
contained in Article XVII of the Mortgage shall apply to and form part of this
Nineteenth Supplemental Indenture with the same force and effect as if the same
were herein set forth in full with such omissions, variations and insertions, if
any, as may be appropriate to make the same conform to the provisions of this
Nineteenth Supplemental Indenture.
SECTION 7. Whenever in this Nineteenth Supplemental Indenture any party
hereto is named or referred to, this shall, subject to the provisions of
Articles XVI and XVII of the Mortgage, as heretofore supplemented, be deemed to
include the successors or assigns of such party, and all the covenants and
agreements in this Nineteenth Supplemental Indenture contained by or on behalf
of the Company, or by or on behalf of the Trustees shall, subject as aforesaid,
bind and inure to the benefit of the respective successors and assigns of such
party whether so expressed or not.
SECTION 8. Nothing in this Nineteenth Supplemental Indenture, expressed
or implied, is intended, or shall be construed, to confer upon, or give to, any
person, firm or corporation, other than the parties hereto and the holders of
the bonds and coupons Outstanding under the Mortgage, any right, remedy, or
claim under or by reason of this Nineteenth Supplemental Indenture or any
covenant, condition, stipulation, promise or agreement hereof, and all the
covenants, conditions, stipulations, promises and agreements in this Nineteenth
Supplemental Indenture contained by and on behalf of the Company shall be for
the sole and exclusive benefit of the parties hereto, and of the holders of the
bonds and of the coupons Outstanding under the Mortgage.
SECTION 9. This Nineteenth Supplemental Indenture shall be executed in
several counterparts, each of which shall be an original and all of which shall
constitute but one and the same instrument.
SECTION 10. The Company, the mortgagor named herein, by its execution
hereof acknowledges receipt of a full, true and complete copy of this Nineteenth
Supplemental Indenture.
-11-
IN WITNESS WHEREOF, Minnesota Power & Light Company has caused its
corporate name to be hereunto affixed, and this instrument to be signed and
sealed by its President or one of its Vice Presidents, and its corporate seal to
be attested by its Secretary or one of its Assistant Secretaries for and in its
behalf, and The Bank of New York has caused its corporate name to be hereunto
affixed, and this instrument to be signed and sealed by one of its Vice
Presidents or one of its Assistant Vice Presidents and its corporate seal to be
attested by one of its Assistant Treasurers or one of its Assistant Vice
Presidents, and X. X. Xxxxxxxxxx has hereunto set his hand and affixed his seal,
all in The City of New York, as of the day and year first above written.
MINNESOTA POWER & LIGHT COMPANY
By Xxxxx X. Xxxxxxx
---------------------------------
Xxxxx X. Xxxxxxx
Senior Vice President - Finance
and Chief Financial Officer
Attest:
Xxxxxx X. Xxxxxxxxx
--------------------------------
Xxxxxx X. Xxxxxxxxx
Vice President, General Counsel
and Corporate Secretary
Executed, sealed and delivered by
MINNESOTA POWER & LIGHT COMPANY
in the presence of:
Xxx X. Xxxxxxxx
--------------------------------
Xxxxx Xxxxxxxx
--------------------------------
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XXX XXXX XX XXX XXXX
as Trustee
By Xxxx XxXxxxxx
----------------------------
Xxxx XxXxxxxx
Assistant Vice President
Attest:
B Merino
---------------------------
Xxxxx Xxxxxx
Assistant Treasurer
X.X. Xxxxxxxxxx
-------------------------------
X.X. Xxxxxxxxxx
Executed, sealed and delivered by
THE BANK OF NEW YORK AND X. X. XXXXXXXXXX
in the presence of:
/s/ Illegible
---------------------------
Xxxxx X. Xxxxxxx
---------------------------
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STATE OF MINNESOTA )
) SS.:
COUNTY OF ST. LOUIS )
On this 18th day of February, 1997, before me, a Notary Public within
and for said County, personally appeared XXXXX X. XXXXXXX and XXXXXX X.
XXXXXXXXX, to me personally known, who, being each by me duly sworn, did say
that they are respectively the Senior Vice President - Finance and Chief
Financial Officer and the Vice President, General Counsel and Corporate
Secretary of MINNESOTA POWER & LIGHT COMPANY of the State of Minnesota, the
corporation named in the foregoing instrument; that the seal affixed to the
foregoing instrument is the corporate seal of said corporation; that said
instrument was signed and sealed in behalf of said corporation by authority of
its Board of Directors; and said XXXXX X. XXXXXXX and XXXXXX X. XXXXXXXXX
acknowledged said instrument to be the free act and deed of said corporation.
Personally came before me on this 18th day of February, 1997, XXXXX X.
XXXXXXX to me known to be the Senior Vice President - Finance and Chief
Financial Officer and XXXXXX X. XXXXXXXXX, to me known to be the Vice President,
General Counsel and Corporate Secretary, of the above named MINNESOTA POWER &
LIGHT COMPANY, the corporation described in and which executed the foregoing
instrument, and to me personally known to be the persons who as such officers
executed the foregoing instrument in the name and behalf of said corporation,
who, being by me duly sworn did depose and say and acknowledge that they are
respectively the Senior Vice President Finance and Chief Financial Officer and
the Vice President, General Counsel and Corporate Secretary of said corporation;
that the seal affixed to said instrument is the corporate seal of said
corporation; and that they signed, sealed and delivered said instrument in the
name and on behalf of said corporation by authority of its Board of Directors
and stockholders, and said XXXXX X. XXXXXXX and XXXXXX X. XXXXXXXXX then and
there acknowledged said instrument to be the free act and deed of said
corporation and that such corporation executed the same.
On the 18th day of February, 1997, before me personally came XXXXX X.
XXXXXXX and XXXXXX X. XXXXXXXXX, to me known, who, being by me duly sworn, did
depose and say that they respectively reside at 0000 Xxxx 0xx Xxxxxx, Xxxxxx,
Xxxxxxxxx, and 0000 Xxxx Xxxxxxx Xxxx, Xxxxxx, Xxxxxxxxx; that they are
respectively the Senior Vice President - Finance and Chief Financial Officer and
the Vice President, General Counsel and Corporate Secretary of MINNESOTA POWER &
LIGHT COMPANY, one of the corporations described in and which executed the above
instrument; that they know the seal of said corporation; that the seal affixed
to said instrument is such corporate seal; that it was so affixed by order of
the Board of Directors of said corporation, and that they signed their names
thereto by like order.
GIVEN under my hand and notarial seal this 18th day of February, 1997.
Xxxxxxx X. Xxxxxxxxx
----------------------------
[SEAL] XXXXXXX X. XXXXXXXXX
NOTARY PUBLIC-MINNESOTA
ST. LOUIS COUNTY
My Comm. Expires Jan.
31, 0000
-00-
XXXXX XX XXX XXXX )
) SS:
COUNTY OF NEW YORK )
On this 18th day of February, 1997, before me, a Notary Public within
and for said County, personally appeared XXXX XXXXXXXX and XXXXX XXXXXX, to me
personally known, who, being each by me duly sworn, did say that they are
respectively an Assistant Vice President and an Assistant Treasurer of THE BANK
OF NEW YORK of the State of New York, the corporation named in the foregoing
instrument; that the seal affixed to the foregoing instrument is the corporate
seal of said corporation; that said instrument was signed and sealed in behalf
of said corporation by authority of its Board of Directors; and said XXXX
XXXXXXXX and XXXXX XXXXXX acknowledged said instrument to be the free act and
deed of said corporation.
Personally came before me on this 18th day of February, 0000, XXXX
XXXXXXXX, to me known to be an Assistant Vice President, and XXXXX XXXXXX, known
to me to be an Assistant Treasurer, of the above named THE BANK OF NEW YORK, the
corporation described in and which executed the foregoing instrument, and to me
personally known to be the persons who as such officers executed the foregoing
instrument in the name and behalf of said corporation, who, being by me duly
sworn did depose and say and acknowledge that they are respectively an Assistant
Vice President and an Assistant Treasurer of said corporation; that the seal
affixed to said instrument is the corporate seal of said corporation; and that
they signed, sealed and delivered said instrument in the name and on behalf of
said corporation by authority of its Board of Directors, and said XXXX XXXXXXXX
and XXXXX XXXXXX then and there acknowledged said instrument to be the free act
and deed of said corporation and that such corporation executed the same.
On the 18th day of February, 1997, before me personally came XXXX
XXXXXXXX and XXXXX XXXXXX, to me known, who, being by me duly sworn, did depose
and say that they respectively reside at 000-00 00xx Xxxxxx, Xxxxxxx, Xxx Xxxx,
and 00 Xxxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxx Xxxxxx; that they are respectively an
Assistant Vice President and an Assistant Treasurer of THE BANK OF NEW YORK, one
of the corporations described in and which executed the above instrument; that
they know the seal of said corporation; that the seal affixed to said instrument
is such corporate seal; that it was so affixed by order of the Board of
Directors of said corporation, and that they signed their names thereto by like
order.
GIVEN under my hand and notarial seal this 18th day of February, 1997.
Xxxxxxx X. Xxxxxxx
------------------------------------
Xxxxxxx X. Xxxxxxx
Notary Public, State of New York
No. 01CA5027729
Qualified in Bronx County
[SEAL] Certificate Filed in New York County
Commission Expires May 16, 0000
-00-
XXXXX XX XXX XXXX )
) SS:
COUNTY OF NEW YORK )
On this 18th day of February, 1997, before me personally appeared X. X.
XXXXXXXXXX, to me known to be the person described in and who executed the
foregoing instrument, and acknowledged that he executed the same as his free act
and deed.
Personally came before me this 18th day of February, 1997, the above
named X. X. XXXXXXXXXX, to me known to be the person who executed the foregoing
instrument, and acknowledged the same.
On the 18th day of February, 1997, before me personally came X. X.
XXXXXXXXXX, to me known to be the person described in and who executed the
foregoing instrument, and acknowledged that he executed the same.
GIVEN under my hand and notarial seal this 18th day of February, 1997.
Xxxxxxx X. Xxxxxxx
------------------------------------
Xxxxxxx X. Xxxxxxx
Notary Public, State of New York
No. 01CA5027729
Qualified in Bronx County
[SEAL] Certificate Filed in New York County
Commission Expires May 16, 1998
