1 EXHIBIT 5.1 MCN CORPORATION (A MICHIGAN CORPORATION) MCN FINANCING III (A DELAWARE BUSINESS TRUST) 2,300,000 FELINE PRIDES(SM) (STATED AMOUNT OF $50 PER FELINE PRIDES) EACH CONSISTING OF A PURCHASE CONTRACT OF MCN CORPORATION REQUIRING THE PURCHASE...MCN Corp • March 27th, 1997 • Natural gas distribution • New York
Page ---- RECITALS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 ARTICLE I Definitions and Other Provisions of General Applications . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Section 1.1. Definitions. . . . . . . . ....Purchase Contract Agreement • March 27th, 1997 • MCN Corp • Natural gas distribution • New York
1 EXHIBIT 5.3 THIRD SUPPLEMENTAL INDENTURE Dated as of March 19, 1997MCN Corp • March 27th, 1997 • Natural gas distribution • New York
1 EXHIBIT 5.4 PREFERRED SECURITIES GUARANTEE AGREEMENT MCN Financing III Dated as of March 19, 1997 TABLE OF CONTENTSPreferred Securities Guarantee Agreement • March 27th, 1997 • MCN Corp • Natural gas distribution • New York
OF CHICAGO ANDPledge Agreement • March 27th, 1997 • MCN Corp • Natural gas distribution • New York
