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it m m * i and the eost of the new hasty rails to be purchased will exceed th® Slim Of ^ »dVO. in excess of the value of th® old rails which will fe« displaced thereby, and the cost and value of those bettermenta and additions to the premises will exceed the mm of #&.5"10. d^ro, and WBSKRAS, the said betterments and additions to the mortgaged premises have been directed by this company and are now being sad®, and it is necessary that, th® Railroad Company shall sake payments for said wo lie and th® state rial purchased therefor from tine to time in various aaointts and to divers persons as th® work progresses and the material is furnished. ROW THKHBFOJOC, on motion of (R duly seconded, it is unanimously RRBORVKJ), that the foregoing preamble and the statements therein are adopted, approved and declared} that the on at and value of the betterments and additions to the mortgaged premises and property described in the preamble, and of the material to be purchased therefor, will amount to f will greatly exceed the subs of #48,800 now held by the Trustee of this company * s First Mortgage under the sixth article thereof; that said betterments end additions will be subject to the lien of said mortgage} that the officers of this company are directed to make said betterments and additions and to cause the same to be paid for by the Trustee under said mortgage out of the proceeds of