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15 <br />TRUST INDENTURE <br />This INDENTURE executed as of the first day of December, <br />1968, by and between the CITY OF BATESVILLE , ARKANSAS, a city of the <br />first class , duly existing under the laws of the State of Arkansas (the <br />"City") , as party of the first part, and FIRST NATIONAL BANK OF KANSAS <br />CITY, an institution organized under and existing by virtue of the laws of <br />the United States of America, with its principal office, domicile and post <br />office address in Kansas City, Missouri (the "Trustee"), as party of the <br />second part. <br />WITNESSETH: <br />WHEREAS the City is authorized by Act No. 9 of the First Extra- <br />ordinary Session of the Sixty -Second General Assembly of the State of Ark- <br />ansas, approved January 21, 1960, as amended ("Act No. 9") , to acquire <br />lands, construct and equip manufacturing buildings, improvements and <br />facilities and to incur other costs and expenses and make other expenditures <br />incidental to and for the implementing and accomplishing of the conduct of <br />manufacturing operations; and <br />WHEREAS the City is authorized by Act No. 9 to issue Industrial <br />Development Revenue Bonds payable from revenues derived from the <br />Industrial Project so acquired and constructed and secured by a lien thereon; <br />and <br />WHEREAS the necessary arrangements have been rnade with <br />Westport Casuals, Inc. , an Arkansas corporation ("Westport"), for an <br />industrial project consisting of lands, buildin(ts , improvements, machinery, <br />equipment d"ttJ f 1C11i lE'S for an it_( u6'_' i.�,] pidtlt ',:_1 ch vld l I e L1 iliz::LI' ) LIl. <br />manufaci.urinc of such products as✓eSt;C?GT't Sh 11 cleC'l O r1 ,nl f lcLL1I'e <br />(the "Prosect") , anti to le, -,s- , ,,- "'. itt,-, "� _7 �... t t� ��1., <br />