BOND
STATED INTEREST PRINCIPAL
ACCOUNT NO. ISSUE DATE MATURITY RATE INTEREST PAYABLE AMOUNT
999-99-9999 5/01/90 5/01/95 11.00 SEMI-ANNUALLY $8,000
ON 05/01 AND 11/01
XYZ, INC.
2406 BROADWAY
AUSTIN TX TRUST NO.
119
BOND NO.
(herein referred to as 'Issuer') 10001-00
ISSUED JOHN DOE AND
TO: MARY JANE DOE
4215 MESA CIRCLE
PHOENIX, AZ 85012
Issuer, for value received, hereby promises to pay to the Registered Owner
shown above, or registered assigns, the Principal Amount shown above on the
Stated Maturity shown above, in such coin or currency of the United States of
America as at the time of payment shall be legal tender for the payment of
public or private debts, and to pay interest upon the Principal Amount from and
after the Authentication Date, at the per annum Interest Rate shown above, in
like coin or currency, the interest to be payable as follows: either (a)
semi-annually, quarterly or monthly upon the Interest Payable dates until the
Principal Amount has been paid (to be designated under Interest Payable above as
'Semi-annually", 'Quarterly" or "Monthly" followed by the designated interest
payment dates), or, (b) upon the Stated Maturity date, with interest to be
compounded semi-annually beginning with the first semi-annual date (six months
following the Issue Date and each six months thereafter) following the
Authentication Date, and semi-annually thereafter until the Principal Amount has
been paid (to be designated under Interest Payable above as "At Maturity"). The
Principal Amount and Interest payable upon this Bond. pursuant to the provisions
of a Trust Indenture entered into between Issuer and Colonial Trust Company
("Colonial"), shall be paid to the person whose name this Bond is registered in
at the close of business on the Interest Payable and Stated Maturity dates and
shall be paid by check drawn upon the account of Colonial and mailed to the
registered address of such person.
Reference is here made to further provisions of this Bond set forth on the
reverse hereof which further provisions are incorporated herein for all
purposes. This bond shall not be valid or become obligatory for any purpose
until it shall have been authenticated by either the manual or facsimile
signature of the proper officer of Colonial.
IN WITNESS WHEREOF, Issuer has caused this instrument to be duly issued and
authenticated.
Authentication:
COLONIAL TRUST COMPANY
CANCELLED
COLONIAL TRUST COMPANY
P.O. BOX 33487
PHOENIX, ARIZONA
85067-3487
/S/Sample Bond
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Authorized Signature
5/01/90
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Authentication Date
INTEREST DOES NOT ACCRUE AFTER MATURITY DATE
[REVERSE SIDE OF SAMPLE BOND]
ADDITIONAL PROVISIONS
This Bond is one of the duly authorized Issue of Bonds to be issued by Issuer
pursuant to the terms of a Trust Indenture (herein called the "Indenture")
between Issuer and Colonial Trust Company (herein called "Colonial") to which
Indenture reference is here made for a statement of the respective rights
thereunder of Issuer, Colonial and the holders of the Bonds.
If an event of default, as defined in the Indenture, shall have occurred and be
continuing, the principal hereof may be declared due and payable in the manner
and with the effect provided in the Indenture. As provided in the Indenture and
subject to certain limitations therein set forth, this Bond is transferable on
the bond register of Issuer (as maintained by Colonial) upon surrender of this
Bond for transfer at the office of Colonial, duly endorsed by, or accompanied by
a written instrument of transfer in form satisfactory to Colonial duly executed
by the registered holder hereof or his attorney duly authorized in writing, and
thereupon a new Bond in the same principal amount, interest rate and maturity
date, will be issued to the designated transferee or transferees.
This Bond is issued only as a registered Bond, without coupons.
A reasonable service charge may be required to be paid to Colonial for any
transfer or exchange of the Bond.
This Bond may be subject to redemption by Issuer prior to its Stated Maturity.
No assignment or transfer of this Bond shall be effective unless such
assignment or transfer is recorded on the records of Issuer and/or Colonial as
provided in the Indenture. Neither Issuer nor Colonial shall be responsible for
the payment of the principal Amount or Interest Payable upon this Bond except to
the person in whose name this Bond is registered at the time of such payment.
FOR VALUE RECEIVED hereby
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Name of Current Owner
sells, assigns and transfers unto
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Name of New Owner
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Address City State Zip Social Security Number
the within Bond, and does hereby irrevocably constitute and appoint the
Secretary of the Colonial Trust Company, Attorney to transfer the Bond on the
books of the within named Issuer with full power of substitution in the
premises. The name, mailing address and social security number of the new owner
must be provided before transfer can be completed.
DATED
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Current Owner
In presence of
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(Signature must be guaranteed by Officer of State or National
Bank-Include Officer's Title)
(Bank is requested to use their "guarantee" Stamp or Seal)
Under penalties of perjury, I certify (1) that the number shown on this form is
my correct taxpayer identification number; and 2) that I am not subject to
backup withholding because (a) I have-not been notified that I am subject to
backup withholding as a result of a failure to report all interest or dividends,
or (b) the Internal Revenue Service has notified me that I am no longer subject
to backup withholding.
DATED
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New Owner
INSTRUCTIONS
All interest will be paid when due and will be mailed to your registered
address by the Colonial Trust Company (herein called "Colonial"). Upon maturity
the Bond must be surrendered to Colonial for redemption. Upon redemption, a
check in the principal amount of the Bond will be forwarded by Colonial to you
at your registered address.
Should your address change prior to the maturity of the Bond, a written
statement of this fact and your new address should be forwarded to Colonial as
soon as possible in order that future payments of principal and interest upon
the Bond may be properly paid to you.
Should you sell or transfer the Bond to another party it will be necessary for
you to complete the assignment appearing above. All registered owners must sign
the assignment in the presence of an officer of a State or National Bank. Each
signature must be guaranteed by the bank officer. The Bond, along with the
applicable transfer agent fees, must be forwarded to Colonial to be reissued in
the name of the assignee.
COLONIAL TRUST COMPANY
P.O. BOX 33487
PHOENIX, ARIZONA
85067-3487