0241A r
AMENDMENT NO. 1
TO
LEASE AND AGREEMENT DATED SEPTEMBER 1, 1966
PURSUANT TO SECTIONS 2102 AND 2207
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This Amendment made as of the '; of
1971, by and between:
CITY OF JACKSONVILLE, ARKANSAS, a City of the first
class duly existing under the laws of the State of Arkansas
( "Lessor "), and
CONTROLS COMPANY OF AMERICA, a Delaware corporation
( "Lessee ").
W I T N E S S E T H: •
That in consideration of amendment hereinafter set
forth in Paragraph 1, the parties hereto do hereby agree as
follows:
1. Section 2208 of the aforementioned September 1,
1966 Lease and Agreement is deleted and the following sub-
stituted:
"Lessee shall furnish to Lessor and to the Trustee
as soon as practicable, but in any event within 120 days after
the end of the preceding fiscal year, a balance sheet of
Guarantor as at the end of such fiscal year and the related
statement of income and surplus for such fiscal year, all in
reasonable detail and accompanied by a report or certificate
of independent certified public accountants of recognized
standing, who may be the accountants regularly employed by
the Guarantor."
2. At the foot of the aforementioned September 1,
{ 1966 Lease and Agreement at page 58 thereof, the following
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is added:
ORD. BOOK
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"Guarantee
"THE SINGER COMPANY, a New Jersey corporation
( "Guarantor "), hereby unconditionally guarantees the performance
of Lessee's obligations hereunder upon demand of Lessor and
without requirement that Lessor first exhaust its remedies
against Lessee."
3. Except as modified and amended herein, the
aforesaid September 1, 1966 Lease and Agreement shall remain in
full force and effect and shall be performed fully and faith-
fully by the parties hereto.
IN WITNESS WHEREOF, the parties hereto have caused this
Amendment No. 1 to be executed as of the date set forth above.
Attest: CITY OF JACKSONVILLE, ARKANSAS ) -
LESSOR
7°
City Clerk .
Attest: CONTROLS COMPANY OF AMERICA
LESSEE
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Assists c r tart' Vice President - F' ce
-
Attest: THE SINGER COMPANY
GUARANTOR
B
Secrek - Vice President - Treasurer
CONSENTED TO:
Attest: WORTHEN BANK & TRUST COMPANY
k18 ----:-ioa 4 4 •
° TRUSTEE
ASSISTA ,. .° 11, s 0 icer
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