66 
AMERICAN LOANS TO GERMANY 
Article Fifth — Provisions as to total and partial redemptions 
Article Sixth — Provisions as to presentation of bonds called for 
redemption, cancellation and cremation thereof and as to the 
contractual Statute of Limitations 
Article Seventh — Provisions as to interest to be allowed City by 
Fiscal Agents and latter's commissions 
Article Eighth — Provisions as to lost, destroyed or mutilated 
bonds 
Article Ninth — Provisions as to maintenance of Fiscal Agency 
and Registry and payment of commissions therefor 
Article Tenth — Provisions as to payment by City of all expenses 
of service of loan and irrevocable instructions to honor all bonds 
and coupons presented 
Article Eleventh — Provisions restricting Responsibility of Fiscal 
Agents and Registrar 
Article Twelfth — Particular covenants of the City tending to 
secure the loan 
Article Thirteenth — Provisions as to purchase of bonds, purchase 
price, option and right to offer in Amsterdam 
Article Fourteenth — Provisions as to payment of purchase price, 
and setting aside of monies wherewith to pay off International 
Acceptance Bank loan 
Article Fifteenth — Provisions as to further offerings of City’s 
obligations in United States 
Article Sixteenth — Provisions as to City’s supplying proof of right 
to borrow, certification by German Counsel, approval of United 
States and New York authorities, and force majeure clause 
Article Seventeenth — Provisions as to Ciscular and listing of bonds 
Article Eighteenth — Provisions as to payment of stamp taxes, 
fees of German counsel, etc. 
Article Nineteenth — Provisions as to keeping of accounts 
Article Twentieth — Provisions as to successor firm of Blair & Co. 
Article Twenty-first — Provisions as to applying New York law 
Annex A — Form of definitive bond 
Form of definitive coupon and certificate of authentication 
Annex B — Circular 
Such agreement contains in part information which the 
syndicate and perhaps also the borrower want to be treated 
confidentially, as, for example, the price paid to the borrower. 
The original agreements are therefore never accessible, and in