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Exhibit (4)-28
Commonwealth Edison Company
Form 10-K File No. 1-1839
INSTRUMENT
OF
RESIGNATION, APPOINTMENT AND ACCEPTANCE
_______________________
DATED AS OF JANUARY 31, 1996
_______________________
EXECUTED BY
BANK OF AMERICA ILLINOIS
COMMONWEALTH EDISON COMPANY
AND
HARRIS TRUST AND SAVINGS BANK
UNDER THE PROVISIONS OF THE
MORTGAGE OF COMMONWEALTH EDISON COMPANY,
DATED JULY 1, 1923, AND INDENTURES
SUPPLEMENTAL THERETO
REFLECTING
THE RESIGNATION OF BANK OF AMERICA ILLINOIS AS
TRUSTEE AND THE APPOINTMENT OF HARRIS TRUST AND
SAVINGS BANK AS SUCCESSOR TRUSTEE
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THIS INSTRUMENT OF RESIGNATION, APPOINTMENT AND ACCEPTANCE (this
"Instrument"), dated as of the 31st day of January, 1996, among BANK OF AMERICA
ILLINOIS, a state banking corporation organized and existing under the laws of
the State of Illinois (the "Resigning Trustee"), COMMONWEALTH EDISON COMPANY, a
corporation organized and existing under the laws of the State of Illinois (the
"Company"), and HARRIS TRUST AND SAVINGS BANK, a state banking corporation
organized and existing under the laws of the State of Illinois (the "Successor
Trustee").
W I T N E S S E T H:
WHEREAS, the Resigning Trustee has previously indicated its intent to
resign as trustee under the Mortgage dated July 1, 1923, as amended and
supplemented by Supplemental Indenture dated August 1, 1944 and by subsequent
supplemental indentures (the "Mortgage"); and the Company has caused notice
thereof to be published as required by the provisions of Section 15.06 of the
Mortgage and to be given to the holders of bonds outstanding under the Mortgage
as required by the provisions of Section 15.10(c) of the Mortgage; and
WHEREAS, pursuant to an order of its Board of Directors, the Company
has determined to appoint the Successor Trustee to serve as successor trustee to
the Resigning Trustee under the provisions of the Mortgage; and
WHEREAS, by this Instrument, the Resigning Trustee desires to confirm
its resignation as trustee, the Company desires to confirm its appointment of
the Successor Trustee as trustee, and the Successor Trustee desires to confirm
its acceptance of its appointment as trustee under the provisions of the
Mortgage;
NOW, THEREFORE, in consideration of the foregoing, the parties hereby
agree and confirm as follows:
1. The Resigning Trustee hereby confirms its resignation as Trustee
(as such term is used in the Mortgage) under the Mortgage. Such resignation
shall be effective as provided in Section 4 of this Instrument.
2. The Company hereby confirms its appointment of the Successor
Trustee to serve as Trustee under the Mortgage as successor to the Resigning
Trustee. Such appointment shall be effective as provided in Section 4 of this
Instrument.
3. The Successor Trustee hereby confirms its acceptance of its
appointment as Trustee under the Mortgage and its acceptance of the estates,
authority,
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rights, trusts, powers, duties and obligations of the Resigning Trustee, as
Trustee, under the Mortgage. Such acceptance shall be effective as provided in
Section 4 of this Instrument.
4. The resignation referred to in Section 1, the appointment referred
to in Section 2 and the acceptance referred to in Section 3 shall be effective
as of the opening of business in Chicago, Illinois on the date hereof.
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IN WITNESS WHEREOF, each of said parties has caused this Instrument to
be executed in its name by as duly authorized representative, and its corporate
seal to be hereunto affixed and attested by a duly authorized representative, as
of the 31st day of January, 1996.
BANK OF AMERICA ILLINOIS
By: /s/ Ben Espinos
Ben Espinos
(CORPORATE SEAL) Senior Vice President
ATTEST: /s/ Howard McCarty
Howard McCarty
Vice President
COMMONWEALTH EDISON COMPANY
By: /s/ John C. Bukovski
John C. Bukovski
(CORPORATE SEAL) Vice President
ATTEST: /s/ John F. Hogan
John F. Hogan
Assistant Secretary
HARRIS TRUST AND SAVINGS BANK
By: /s/ Carolyn Potter
Carolyn Potter
(CORPORATE SEAL) Assistant Vice President
ATTEST: /s/ J. Bartolini
J. Bartolini
Assistant Secretary
STATE OF ILLINOIS )
) SS.
COUNTY OF COOK )
I, P. JOHNSON, a Notary Public in and for said County, in the State
aforesaid, DO HEREBY CERTIFY that Ben Espinos, a Senior Vice President of Bank
of America Illinois, an Illinois state banking corporation, one of the parties
described in and which executed the foregoing instrument, and Howard McCarty, a
Vice President of said bank, who are both personally known to me to be the same
persons whose names are subscribed to the foregoing instrument as such Senior
Vice President and Vice President, respectively, and who are both personally
known to me to be a Senior Vice President and a Vice President, respectively, of
said bank, appeared before me this day in person and severally acknowledged that
they signed, sealed, executed and delivered said instrument as their free and
voluntary act as such Senior Vice President and Vice President, respectively, of
said bank, and as the free and voluntary act of said bank, for the uses and
purposes therein set forth.
Given under my hand and notarial seal this 31st day of January, A.D.
1996.
/s/ P. Johnson
P. Johnson
Notary Public
(NOTARIAL SEAL)
My Commission expires June 28, 1997.
STATE OF ILLINOIS )
) SS.
COUNTY OF COOK )
I, MARY L. KWILOS, a Notary Public in and for said County, in the
State aforesaid, DO HEREBY CERTIFY that John C. Bukovski, a Vice President of
Commonwealth Edison Company, a corporation organized and existing under the laws
of the State of Illinois, one of the parties described in and which executed the
foregoing instrument, and John F. Hogan, an Assistant Secretary of said
corporation, who are both personally known to me to be the same persons whose
names are subscribed to the foregoing instrument as such Vice President and
Assistant Secretary, respectively, and who are both personally known to me to be
a Vice President and an Assistant Secretary, respectively, of said corporation,
appeared before me this day in person and severally acknowledged that they
signed, sealed, executed and delivered said instrument as their free and
voluntary act as such Vice President and Assistant Secretary, respectively, of
said corporation, and as the free and voluntary act of said corporation, for the
uses and purposes therein set forth.
Given under my hand and notarial seal this 31st day of January, A.D.
1996.
Mary L. Kwilos
Notary Public
(NOTARIAL SEAL)
My Commission expires October 26, 1997.
STATE OF ILLINOIS )
) SS.
COUNTY OF COOK )
I, MARIANNE CODY, a Notary Public in and for said County, in the State
aforesaid, DO HEREBY CERTIFY that Carolyn Potter, an Assistant Vice President of
Harris Trust and Savings Bank, an Illinois state banking corporation, one of the
parties described in and which executed the foregoing instrument, and J.
Bartolini, an Assistant Secretary of said bank, who are both personally known to
me to be the same persons whose names are subscribed to the foregoing instrument
as such Assistant Vice President and Assistant Secretary, respectively, and who
are both personally known to me to be an Assistant Vice President and an
Assistant Secretary, respectively, of said bank, appeared before me this day in
person and severally acknowledged that they signed, sealed, executed and
delivered said instrument as their free and voluntary act as such Assistant Vice
President and Assistant Secretary, respectively, of said bank, and as the free
and voluntary act of said bank, for the uses and purposes therein set forth.
Given under my hand and notarial seal this 31st day of January, A.D.
1996.
MARIANNE CODY
Notary Public
(NOTARIAL SEAL)
My Commission expires May 29, 1997.