The instrument's own words
page 1
575
all as provided in a promissory note of even date herewith and, also to secure the performance and observance
of all covenants and agreements herein contained,
That real estate, together with all buildings and improvements now or hereafter erected thereon, and
all plumbing, heating, lighting and other fixtures, equipment and articles now or hereafter attached thereto,
situated in the Town of Charlestown, Rhode Island, and described as follows:
That land, with all buildings and improvements thereon, situated in Charlestown, Rhode Island, on
Elizabeth Cooper Drive, and described as Lot 23 (Twenty-three) on "Plan of Twelve House Plate of
Land in the Town of Charlestown, R. I.," Prepared by Surveyor Cooper, surveyed in May
1959, 30" = 100', Arthur L. Connell, Registered Civil Engineer." Said plat is recorded in "Deed Book
37, between pages 174 and 175."
Together with the right in common with others, to use for the purpose of parking a motor vehicle at any
time, and as often as desired, that lot at Charlie-Run Beach designated as Lot 6 (Six) on "Sketch
Plan in the Town of Charlestown, R. I.," Surveyed and Drawn in April 1957, Leon L. Holland
Civil Engineer." Said plat is recorded in Deed Book 23, page 71.
Subject to restrictions of record, and to a prior mortgage to Fairhaven Credit Union.
This mortgage is made subject to the STATUTORY POWER OF SALE, provided,
however, that publication of notice of a foreclosure sale may be made alternatively in a public newspaper
published in the City of Providence, and that a foreclosure sale may be held upon the premises or else-
where at the option of the mortgagee, as specified in said notice.
The mortgagors make the following additional covenants and agreements:
That the mortgagors shall keep the mortgaged premises covered by insurance in such form and in
such company or companies as shall be satisfactory to the mortgagee in an amount approved by the mortga-
gee, and including insurance against such casualties and contingencies as the mortgagee shall require.
That all policies of insurance shall be made payable in case of loss to the mortgagees.
That the mortgagors shall keep all buildings upon the mortgaged premises in good repair, and shall
not cause or permit waste, dilution, or removal.
That in the event that the title to all or any part of the mortgaged premises shall for any reason
pass from the owner of said premises without the written consent of the mortgagees, then mortgagees, may,
at its option, immediately declare the entire debt due and payable.
Notice of the exercise of any option granted herein, or in the note secure hereby, is not required to
be given. The covenants herein contained shall bind, and the benefits and advantages shall inure to, the
respective heirs, executors, administrators, successors and assigns of the parties hereto. Whenever used,
the singular number shall include the plural, the plural the singular, and the use of any gender shall be
applicable to all genders.
And for the consideration aforesaid we, JOSEPH GABRIEL and wife IRENE T. GABRIEL release to the
mortgagee all our right of curtesy and dower and all other rights, statutory or otherwise, in the afore-
described premises.
WITNESS our hands this 9th day of November 1962.
Executed in presence of
H. S. Wiley
JOSEPH GABRIEL
IRENE T. GABRIEL
STATE OF RHODE ISLAND
County of Providence
In Pawtucket on the 9th day of November, 1962, before me personally appeared the said JOSEPH GABRIEL
and wife IRENE T. GABRIEL to me known and known by me to be the parties executing the foregoing instrument,
and they acknowledged said instrument, by them executed, to be their free act and deed.
"S. KONKOR WILEY
Notary Public
Received for record November 9th A. D. 1962 at 2:32 o'clock, p.m., and recorded by
[Signature] Town Clerk
DISCHARGE OF MORTGAGE
The undersigned, having received full payment and satisfaction of a certain
mortgage recorded in the records of the land evidence in the Town Hall of Charlestown, Rhode Island, in Book Number 38
at page 574 hereby cancel and discharge the same. And I covenant to and with the person making said payment that
I am not the present owner of said premises.
In WITNESS WHEREOF, I hereunto set my hand and seal this 10th day of May A. C. 1965
[Signature]
John E. Walker, Jr.
Irving M. Walker
Irene L. Walker
Signed in presence of )
Received for record May 17th, A. D. 1965 at 9:15 o'clock, a. m., and recorded by
[Signature] Town Clerk
page 2
with said railroads owned by the Railroad company, and Whereas,
the railroad company caused in time to time more fertile acquired the
railroads and properties of other companies and had merged into
the corporations those railroads and properties it had acquired,
and Whereas, therefore the Railroad company has secured and
received and has assumed by merger or consolidation with the
original and principal obligors, certain outstanding obligations,
hereinafter mentioned, and therein notes, made, or was assumed
promises and covenants secure thereto; and Whereas, by the
laws of the state of Connecticut and Massachusetts the Railroad
company is required to secure within the limits of any mortgage
by it executed, on its assets, with any other indentures secured
or it assured up such mortgage, all bonds, debentures, notes
and other evidences of indebtedness previously issued and then
existing in which the Railroad company is the maker or
promisor except as assumed through merger or consolidation with the
owners and principal obligors except outstanding bonds
notes or other evidences of indebtedness while and so long
as the same are in accordance with any promises contained
therein, secured by another such mortgage, and obligations
which by their terms are excluded from the benefits of any
such mortgage; and Whereas certain portions of the
entire roads and properties owned by the Railroad company,
and hereinafter mortgaged, are now subject to the terms of
certain indentures of mortgage or deeds of trust executed
and received by corporations now merged with and into
the Railroad company and severally securing the bonded
indebtedness of such merged companies and Whereas
the Railroad company, for itself and for any successor
corporation, desires to provide for the funding and extending
of its witnessed notes to the United States for the settlement and
extending at or before maturity of the bonded indebtedness
secured by, all or any of such indentures aforesaid for
the payment more or less of any of such indebtedness of itself
and of its successors or its predecessor company and
wishes to provide money for the investment in improvement
and settlement of the railroads and properties owned by
or leased to it or a successor corporation for the purchase
acquisition of other railroads or of the stocks, bonds
and property of others companies, owned for other specifications
for its corporate purposes hereinafter specified and wants
to make provisions to that end but the execution and delivery
of this indenture of mortgage or deed of trust upon the
page 3
railroads, properties and franchises of the Railroad company, hereinafter
more fully described, and of the issuance of bonds thereunder in such
amounts, as may be from time to time authorized by the stockholders at
not more than gross of the total amount hereinafter provided in this indenture provided,
and subject to any necessary approval required pursuant to any state
or federal statute, and "I/Weas, the Railroad company is authorized
to execute this mortgage and to issue bonds thereunder under the laws
of the state in which it is incorporated, especially in this connection owing
to chapter 303 of the revised laws of 1850 of the commonwealth of
massachusetts passed june 1st 1845 to chapter 339 of the statutes acts
of the general session 1845 of the revised statutes of the state 50 section
stated "that any corporation chartered by the laws of New York, New Haven
and Hartford Railroad company" approved may 11th 1845 "and to a
private act of the general assembly of the legislature of 1845 as amended,
instituted now in the amendment made in and section 8th Act authorized
"that Art. 10 be incorporated the New York New Haven and Hartford Railroad
company a corporation in this state based in the General Assembly
at every annual session No. 184 3rd sec. March 29th 1845" and,
Whereas, at a special meeting of the stockholders of the Railroad
company, held at its principal offices in the county of New Haven, Connecticut
on November 11, 1930, said meeting being an adjournment of the special
meeting duly called and held at said office in election 11 November, 1930, a quorum
being present, the consent of the said indenture and their authority for
its execution, acknowledgment and delivery of this mortgage or deed of
trust to the party of the second part and its respective successors in
trust as outlined, and for the execution and delivery of the bonds first the
forenamed to be issued and freely to be secured with the commitments
hereto related, more fully given by resolution copies of which are
hereto attached; and Whereas, at a meeting of the Board of
directors of the Railroad company, duly held pursuant to a notice,
at the offices of the Railroad company in the city of New York on
November 23, 1930 a quorum being present Hereof from First and
Refunding Mortgage and the first series hereinafter mentioned,
was approved and authorized as resolution duly adopted copies
of which are hereto attached; and "I/Weas, pursuant to Section
20a of the Interstate commerce act the Interstate commerce
commission has duly authorized the issue of as forthright
described under the provisions of sections 2 and 3 of Articles Three
of this Indenture; and I/Weas, the bonds to be issued under
this Indenture are to be issued in several series, being
substantially identical, with one another in tenor, and are
to become due at such times and dates and bear interest
at such rates as to each particular series as from time to
page 4
58
tions the Board of Directors of the Railroad Company may fix and determine,
as it may be referred in the case of each particular series, payable
at any time, in such notes as treasury securities series as may be so
determined and recommended by the Board of Directors of the Railroad Company;
and that in the case of particular series, in the issue thereof, may be made
either with or without security, at the option of the Railroad Company, or
subject to the approval of the interstate commerce commission or any
other necessary approval required pursuant to any present or future
statute in any jurisdiction thereof, may be made conversely. But the
redemption of the bonds thereof, into the capital stock of the Railroad
Company, or a successor corporation resulting from redemption or conversion
of the same, in such manner and on such terms and on such after such
date as from time to time for each particular series may be
determined by the Board of Directors of the Railroad Company and
described in the plan of such series; and that, and that, and that of the
entirety of any particular series as may be deemed expedient
by the Board of Directors of the Railroad Company (a) may be issued
in denominations of $1,000, $5,000 and $10,000 or more, payable as to principal
and interest in the Borough of Manhattan, City of New York, in gold
coin of the United States (b) may be issued in any denomination, as
may be required by the Board of Directors of the Railroad Company with
respect to each particular series at the time of authorizing the
issue (c) the payments as to principal and interest or both, in countries
other than the United States in the currency of such other countries
other than the United States in the currency of such other countries
respectively, or, at the option of the holders, in any such other
country or countries in the currency thereof, or at the Borough
of Manhattan, City of New York, in gold coin of the United
States in each and all of such cases aforesaid where payment
pay meant in gold coin of the United States is provided for,
payable in such amount equal coin to be at such fixed rate
of exchange as from time to time and for each particular series
may be determined by the Board of Directors of the Railroad
Company, and as shall be expressed in said bonds and
in the election of the Railroad Company, any of such bonds,
and their apportionment coupons, payable in the currency
of such other countries, may be expressed also in the language
of such other countries, the English text however, governing the
construction thereof and both texts constituting a
single obligation; and that Registered bonds without
coupons payable only in gold coin of the United States
shall be expressed in the English language only and
shall be of the denomination of $1,000, th, or of any multiple
page 5
thereof from time to time may be authorized by the Board of Directors
of the Railroad Company), and Marked, the relative text of company bonds
and the coupons to be attached thereto, and of certified bonds without printing
unless determined otherwise by the Board of Directors or to be subsequently
in the following form respectively, the proper amount, seals and numbers
to be inserted therein, and appropriate issuing clauses to be written
to be made in respect of said bonds and coupons, as may be authorized
by the Board of Directors of the aforesaid company, to provide for the
convertible terms of such bonds (if convertible), the redeemable terms
of such bonds (if redeemable), to specify terms and conditions upon
which said bonds are to be paid in foreign currencies or in foreign
countries (if by their parcels), to provide the terms and conditions to
exchangeability into other [stocks or bonds etc], and is in turn
respects to specify the terms and conditions upon which such bonds
are issued as required by this indenture, or any indenture supplementary
thereto, as authorized by their warrants.
[Form of Company Bond]
$ .................... series E
United States of America,
The New York, New Haven and Hartford Railroad Company
First and Second Mortgage Gold Bond.
Per Cent.
The New York, New Haven and Hartford Railroad Company,
hereinafter called the Railroad (or company), a corporation of the
State of Connecticut, Rhode Island and Massachusetts, for
value received, hereby promises to pay to bearer or to whom this bond is
required as hereinafter provided, seen to the specified holder
thereof on the brokerage of [name of broker]
City of New York, New York, at the office or agency of the
Railroad Company, the sum of [Dollars (....)]
in gold coin of the United States of America if equivalent
to the present interest standard of purity and fineness, and to pay
interest thereon from the date hereof until the sole at
per centum (....%) per annum in like coin at
said office or agency of the Railroad Company in the city
of New York, remedyably, on the first day of [....]
and the first day of [....] in each year until the
payment of said principal sum but only upon presentation
and surrender of the coupon therefor thereto attached as
page 6
60
they severally mature, This bond is one of the first and refunding
Mortgage Gold Bond Coupons and registers of the Railroad company,
issued and to be issued in one or more series, under and pursuant
to, and all solely and jointly and severally secured (together with other obligations
as therein set forth) by an indenture of mortgage or deed of trust
dated [blank] 1894 duly secured and delivered by the Railroad
company to Bankers Trust company, a corporation of the state
of New York, as trustee mortgaging and pledging to the trustee
all the corporate rights, properties, privileges and franchises as we
and our successors shall hold, in which indenture and any and
all supplements thereto, reference is hereby made for all statements
of the properties, rights, privileges and franchises mortgaged and
pledged as said trustee or its successors, the nature and extent
of the security and the equity of the bondholder and of the trustee
in respect of which security. The aggregate principal
amount of bonds which at any time may be issued and
outstanding under said indenture is limited to an amount which
together with all other then outstanding bonds, notes and other
evidences of indebtedness of the Railroad company is
secured or intended to be assumed, such mortgage clauses
be it of the capitalized stock of the Railroad company or of
a successor corporation, as defined in said indenture
actually paid in. If defaulted in, made void by the Railroad
company, or an act declared, or as in said indenture provided,
the principal of this bond and of all other interest bearing
obligations then existing under said indenture may be declared
due and payable in the manner and with the effect provided
in said indenture, this bond is a corporate obligation of
The Railroad company and no person or persons, whatever, whether
directly or indirectly as trustee, receiver or assignee, shall be
liable save only with their private properties, assets or
offices of the Railroad company for the payment of the principal
and/or interest hereon, all individual liability of whatever
kind or nature of such trustees, directors and officers more
over, is hereby waived saving any, by any statute or otherwise,
binding, by the acceptance of this bond invested by the holder
hereof. This bond shall pass by delivery without registered
in the company books in the name of the Railroad company
at its office in the City and County of New Haven, State of
Connecticut, or at its agency, in the Borough of Manhattan,
New York City, New York such registration being made
only by the Secretary or the Assistant Secretary
of the Railroad company, after which no transfer shall
page 7
be valid unless made in paid in both in this and unless, noted in the bond as
the manner described in said indenture; it may be discharged from its obligation
by being transferred in like manner to some other, thereby releasing from responsibility
its previous mortgagor, and from time to time, it may be registered or
discharged from registration, such registration shall not affect the
negotiability of the entire coupon, which shall continue to be an
evidence of the delivery, payment and payment thereof shall fully discharge
the Railroad company, both as to the interest therein mentioned,
whether printed or to be registered, the holder of this bond, as
described in said indenture has the right to surrender the same, if
he shall in any manner come into possession supervising its execution and
to receive in exchange a similar bond, the coupons of the first series, if
same series, Registered or not, as provided in said indenture, may
either be delivered for compensation as it may come to us in our
separate branches’ accounts or remaining as unredeemed coupons.
This bond and the interest coupons appertaining thereto shall not
be valid or subsidiary for any purpose unless commemorated and
authenticated by the signature of the certificate named near the
Parkhurst Trust Company, or its successor in trust, I witness,
In witness whereof, the New York, New Haven and Hartford
Railroad company has caused this to be signed by its President
or a Vice President, and by its Treasurer or an Assistant Treasurer,
and its corporate seal to be affixed hereunto, and coprime for interest
bearing the permissible nature of its Treasurer to be attached
hereto,
Dated at New Haven, Connecticut this ___ day of
A.D. 19 __
Seal
New York, New Haven and
Hartford Railroad Company.
By
President
Assistant Treasurer.
L Form of Interest Coupon
No. ___ series ---
On the ___ day of ___________, 19__, the New York,
New Haven and Hartford Railroad company will pay to
bearer at its office or agency in the Borough of Manhattan, City
of New York
Dollars (... ) United States
gold coin of the standard quoting
long term the
interest then due on its First and Refunding ___ Office gold
Coin Bond series --- /s ---
Treasurer.
page 8
62
[ ... ]
[ Form of Related 1st and Subsequent Coupons ]
Series:
United States of America
I promise to pay the New Haven and New York Railroad company
First and Refunding Mortgage Gold Bond
... Per Cent
The New Haven and New York Railroad company
(incorporated under the laws of the State of Connecticut) a corporation in the State
of Rhode Island and Providence Plantations for its value, estate,
... or registered assigns,
... to pay to
... in the city of New York, city of New York,
... on the ... day of ..., ... year, the Railroad company the sum
of ... Thousand Dollars ($ ...), in gold coin of the United
States of America or so equivalent to the present standard of weight
and fineness, and to pay interest thereon at the rate of ... per
annum, payable to the registered holder hereof,
in the gold coin at said office or agency of the Railroad company
in the City of New York, New York, half-annually, on the first
day of ... and the first day of ... in each year un-
til the payment of said principal sum. This bond is
one of the First and Refunding mortgage Gold Bonds (confor-
med and quoted) of the Railroad company, issued and to be
issued, in one or more series, under and pursuant to and
solely and solely, sealed security (together with other obligations
as herein set forth) upon an indenture of mortgage or deed of
trust dated
... 192..., duly executed and delivered by
the Railroad company to the Bank New York Trust company, a corporation
of the State of New York, as Trustee, mortgaging and pledging
to the Trustee all the certain rights, properties, privileges and
franchises as in said indenture set forth, to which indentures,
and any and all supplements thereto, reference is hereby
made for a statement of the properties, rights, privileges and
possessions, mortgaged and pledged to said Trustee or to
necessitate the nature and extent of the security and the
rights of the bondholders and of the Trustee in respect
of such security. The aggregate principal amount
of bonds which at any time may be issued and outstanding
page 9
man said indenture is limited to an amount which brothers with all other
instruments outstanding in notes, notes and other evidences of indebtedness of which
the Railroad Company is the maker or on which it has assumed, shall not ex-
ceed twice the amount of the capital stock of the Railroad as once stated
of a successive examination, comprised as referred in said indentures, otherwise
said in, if default is made by the Railroad company or any court
decree as in said indentures provided, the principal of this bond, and of
all other interest owing thereupon their secured by said indentures, may
be declared due and payable in the manner and with the effect
prescribed in said indenture. This bond is a corporate obligation
of the Railroad company only and in no person whatever, whether citizen
or foreigner any trustee, receiver or assignee, though it is signed by
any past, present or future president, secretary or officer of the Rail-
road company for the payment of the principal of this bond, or interest
thereon, all individual liability of stockholders bond c.u. matter of such
stockholders, directors and officers now existing under, nor hereafter
existing any law, any statute, or theorem voiding, by the acceptance of
this bond, waived by the notion hereof. I forward it transferred
by the registered owner named herein in person, or by his duly authorized
attorney, on the works of the Railroad company, act its office in
the city and county of New Haven, in the state of Connecticut or
at its agency in the Borough of Manhattan, New York City, New York.
Upon surrender and cancellation of this bond, and therefore
a new registered bond or a note without coupons for an equal
aggregate principal amount, having accrued thereon to the
same nominal maturity of coupons’ interest as are endorsed
hereon, will be issued to the cancelled in exchange herefor,
the registered owner of this bond, as provided in said
indenture, has the right to surrender the same for coupons and
to receive in exchange therefor a coupon bond or bonds
of the same series to an equal aggregate principal amount
and having attached all coupons maturing on and after
the next ensuing interest date and paying the series
number or numbers endorsed thereon, such a bond
bearing all our matured coupons as provided in said
indentures, may likewise be exchanged for registered bonds,
without coupons of the same series to an equal aggregate
principal amount. This bond shall not be valid
or obligatory for any purpose unless countersigned and
authenticated by the execution of the certificate insured
hereon by the Bankers Trust Company or its successor
in Trust as Trustee.
In witness whereof the New York, New Haven and
page 10
64
The Hartford Railroad company, has caused this bond to be signed by
its President or vice President, and by its treasurer or assistant
treasurer, and its corporate seal to be hereto affixed.
Dated at New London, Connecticut this [blank] day of [blank], A.D. 19[blank].
The New York, New Haven and
Hartford Railroad company.
By [Signature] Vice President
[Signature] assistant treasurer
L Form for Transfer ]
For value received [blank] hereby rec'd, assign and transfer
unto [blank] the principal of the within bond together
with the accrued interest thereon, hereby irrevocably constituting and
appointing [blank] attorney to transfer the said bond on the
[blank] day of [blank] of the within named Railroad company, with full power
of substitution in the premises,
Dated [blank]
In the presence of [blank]
that every coupon once, and each of said registered
bonds without coupons is to be authenticated by the under-
mentioned trustee or a certificate signed by the trustee, which
said certificate shall constitute the controlling note of issue
certifying that this bond is one of the bonds described in this
indenture, such certificate upon any such bond executed
on behalf of the Railroad company, says to be conclusive evidence
and the only evidence that the owner of so certified is
entitled to the security and benefits of the indenture, and
such bond is to be deemed secured by this indenture or
no certificate shall be obligatory for any purpose until such
certificate shall have been signed by the trustee, or by
its successor appointed thereafter, which said certificate
is to be satisfactorily of the following form:
L Form of Trustee's certificate ]
This bond is one of its issue of bonds of the series designated
therein, described in the within mentioned indenture
Bankers Trust Company
18y.
and otherwise, all acts and things heretofore mentioned by law
or by the charter and amendments thereto and the
by-laws of the Railroad company necessary or proper
page 11
65
To make this indenture, and all of the powers authorized by the laws of
the state of Rhode Island provided now included, the valid and binding indenture and
obligations of the Railroad company, have been signed and been confirmed.
I Theo Pillsbury, this indenture witnesseth, that in order to comply
with the laws of the state of Connecticut and Massachusetts, with respect to
including in this indenture and securing hereby, on equal terms with the
bonds to be issued hereunder and to be secured by this mortgage, all leases,
indentures, notes and other evidences of indebtedness previously issued and
now outstanding of which the maker or which has assumed through
merger or consolidation with the original and principal obligor while and
so long as the same is accordance with any promises contained herein
are not renewed by another distinct mortgage, in order to secure the payment
of principal and interest of all bonds at any time issued and outstanding
under this indenture and all of such leases, notes and other evidences
of indebtedness according to their terms and effect and the performance of
all covenants and conditions in this indenture contained, but due to closure
the terms and conditions upon which the bonds issued under this
indenture are to be issued and received. This New York New Haven
and Hartford Railroad company, party of the first part in consideration
of the premises and of the purchase and acceptance of bonds issued by
the following thereof, and of the sum of one dollar to be paid by the trustee,
at or before the execution and delivery of these presents, the receipt
whereof is hereby acknowledged, has executed and delivered this
indenture, and has bargained, bargained, sold, released, conveyed,
assigned, transferred pledged and set over one and by these presents
does grant bargain, sell, release, convey, assign transfer, pledge and
re-deliver, subject to the priority of liens of the several mortgages upon
separate portions of lines of railroad hereinafter mentioned and
the receptions affects made upon, near upon, in the trustee, party of the
second part, and to its sole successor in the trust will and to their
assigns forever, all its right title and interest in and to the
following described lines of railroad owned by the Railroad
company and located in one or more of the states of Connecticut,
New York, Utah and Rhode Island and the commonwealth of Massachusetts,
a. railroads on which this indenture is a first lien (approx. 120 miles
more or less),
1. Main line of railroad extending from Woodlawn, New York
through New Haven, Connecticut to Springfield Massachusetts,
121.50 miles more or less,
2. Main line of railroad extending from east dover Junction,
New Haven, Connecticut to New London, Connecticut
48.5 miles more or less,
3. Line of railroad extending from Massachusetts Connecticut state