Exhibit 4-4-2
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INSTRUMENT
OF
RESIGNATION, APPOINTMENT AND ACCEPTANCE
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DATED AS OF FEBRUARY 20, 2002
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EXECUTED BY
HARRIS TRUST AND SAVINGS BANK
COMMONWEALTH EDISON COMPANY
AND
BNY MIDWEST TRUST COMPANY
UNDER THE PROVISIONS OF THE
MORTGAGE OF COMMONWEALTH EDISON COMPANY,
DATED JULY 1, 1923, AND INDENTURES
SUPPLEMENTAL THERETO
REFLECTING
THE RESIGNATION OF HARRIS TRUST AND SAVINGS BANK AS TRUSTEE
AND THE APPOINTMENT OF BNY MIDWEST TRUST COMPANY
AS SUCCESSOR TRUSTEE
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THIS INSTRUMENT OF RESIGNATION, APPOINTMENT AND ACCEPTANCE (this
"Instrument"), dated as of the 20th day of February, 2002, among HARRIS TRUST
AND SAVINGS BANK, a state banking corporation organized and existing under the
laws of the State of Illinois (the "Resigning Trustee") having an address at 111
West Monroe Street, Chicago, Illinois 60603, COMMONWEALTH EDISON COMPANY, a
corporation organized and existing under the laws of the State of Illinois (the
"Company") having an address at 10 South Dearborn Street, 37th floor, Chicago,
Illinois 60603, and BNY MIDWEST TRUST COMPANY, a trust company organized and
existing under the laws of the State of Illinois (the "Successor Trustee")
having an address at 2 North LaSalle Street, Suite 1020, Chicago, Illinois
60602.
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 provision 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 provision 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,
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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5. The Company, for the equal and proportionate benefit and security of the
holders of all bonds at any time issued under the Mortgage, hereby confirms the
lien of the Mortgage upon, and hereby grants, bargains, sells, transfers,
assigns, pledges, mortgages, warrants and conveys unto the Trustees, all
property of the Company and all property hereafter acquired by the Company,
other than (in each case) property which, by virtue of any of the provisions of
the Mortgage, is excluded from such lien, and hereby confirms the title of the
Trustees (as set forth in the Mortgage) in and to all such property. Without in
any way limiting or restricting the generality of the foregoing, there is
specifically included within the confirmation of lien and title hereinabove
expressed the property of the Company legally described on Exhibit A attached
hereto and made a part 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 20th day of February, 2002.
HARRIS TRUST AND SAVINGS BANK
By:
J. Bartolini
(CORPORATE SEAL) Vice President
ATTEST:
C. Potter
Assistant Secretary
COMMONWEALTH EDISON COMPANY
By:
J. Barry Mitchell
Vice President and
Treasurer
(CORPORATE SEAL)
ATTEST:
Scott N. Peters
Assistant Secretary
BNY MIDWEST TRUST COMPANY
By:
J. Bartolini
(CORPORATE SEAL) Vice President
ATTEST:
C. Potter
Assistant Secretary
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STATE OF ILLINOIS )
) SS.
COUNTY OF COOK )
I, LINDA ELLEN GARCIA, a Notary Public in and for said County, in the State
aforesaid, DO HEREBY CERTIFY that J. BARTOLINI, a 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 C. POTTER, 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 Vice
President and Assistant Secretary, respectively, and who are both personally
known to me to be a Vice President and 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 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 20th day of February, A.D. 2002.
Linda Ellen Garcia
Notary Public
(NOTARIAL SEAL)
My Commission expires September 23, 2002.
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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 J. BARRY MITCHELL, Vice President and
Treasurer 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 SCOTT N. PETERS, 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 Treasurer and Assistant Secretary, respectively, and who are both
personally known to me to be Vice President and Treasurer 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 Treasurer 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 20th day of February, A.D. 2002.
Mary L. Kwilos
Notary Public
(NOTARIAL SEAL)
My Commission expires October 26, 2005
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STATE OF ILLINOIS )
) SS.
COUNTY OF COOK )
I, LINDA ELLEN GARCIA, a Notary Public in and for said County, in the State
aforesaid, DO HEREBY CERTIFY that J. BARTOLINI, a Vice President of BNY Midwest
Trust Company, a trust company organized and existing under the laws of the
State of Illinois, one of the parties described in and which executed the
foregoing instrument, and C. POTTER, an Assistant Secretary of said trust
company, 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 Assistant Secretary, respectively, of said trust company, 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 trust
company, and as the free and voluntary act of said trust company, for the uses
and purposes therein set forth.
Given under my hand and notarial seal this 20th day of February, A.D. 2002.
Linda Ellen Garcia
Notary Public
(NOTARIAL SEAL)
My Commission expires September 23, 2002.
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EXHIBIT A
LEGAL DESCRIPTIONS
See attached.
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NOTICE TO THE HOLDERS
OF
COMMONWEALTH EDISON COMPANY
FIRST MORTGAGE BONDS
Notice is hereby given pursuant to the Mortgage dated July 1, 1923 of
Commonwealth Edison Company (the "Company") to Harris Trust and Savings Bank, as
trustee (the "Trustee") and D.G. Donovan, as co-trustee, as amended and
supplemented, that the Trustee is resigning as Trustee under the Mortgage and
the Company has appointed BNY Midwest Trust Company as successor Trustee. The
resignation of Harris Trust and Savings Bank as Trustee and the appointment of
BNY Midwest Trust Company as successor Trustee, will be effective February 20,
2002.
On and after February 20, 2002, BNY Midwest Trust Company will take over the
duties of Trustee, Registrar and Paying Agent. any inquires concerning these
functions should be directed to BNY Midwest Trust Company as the address
provided below:
BNY Midwest Trust Company
Attn: Corporate Trust Operations
2 North LaSalle Street - Suite 1020
Chicago, Illinois 60602
THIS NOTICE IS FOR INFORMATIONAL PURPOSES ONLY. NO ACTION IS REQUIRED TO BE
TAKEN BY THE BONDHOLDERS.
Dated February 20, 2002.
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