The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-03-16

PROPOSED AMENDMENT
Whereas At this meeting Of the certificate holders duly
convened and by resolution continued certain pdnents
adopted whereby tho organization two distinct railway
sn IN N the G1 OF
compisssd By q such oorpos,tisa
amenmcnt adopted aforesaid, hereby
repealed IN 50 far as The, relate to the
for The fo9wng be adopted amendaory Of the fifteenth
the ' trustees hall hsy. perfected their purchase
e =
shall form to be formed under such
sw. ss ss II d Gs and Illinois, either
e sssh " shall 1n Of
mon SHARE Of the par par. value Of $ioo each
and h. made as foows.M '''" W p'"''
Ss r ps sna Mpp Y Rasa Eas
srn Division and also all rights properties and interests
way Company che pviioa', being the entire cap
Sonds claims or demands against said company held or be-
To rcee,ve from The trustees any and an other properties
Or things belonging 70 the trust and properly deliverable on
To make and secure. without unnecessary delay close
traffic communication and rail connection with the narrow
Ohio Mississippi Railroad, BY third and intermediate
roads By the eospueon Of the Illinois southern Railroad,
or 70 Genre sgea object by some acrnatve
pany
acquired constructed and any other which may hereaf-
ter be acquired as an entirety and csnfonaby TO the pro-
The capital stock OF the corporation shall be used and dis
10 the persons parties who upon day tebe deter
mined b. The trustees OF which not less than thirty days
papers q Sew YORK; shall dy on
ne ON t hs na AZ foeDe nd on e sr
render c,nceaon OF their ceiti6cacs vizTo
preferred cerdcae here Issued preferred
e s S d by se Allowance o ni s
thereon computed mp to tie LIST day Of sep'embe neat
every hundred dollars such certificates and interest
TIE preference Of such PREPARED stock to be ard cons
stue such stock first claim upon the property Of the cor
thereof also 70 seven per cent Per annu,n enmmtye IN
hs % s"S e
amount requisite to pay cent dividends an
ferr-d stock being paid such exccss when distributed
shall be divided equally per share on preferred and common
And such owners. in addition p such preferred stock
designated SCRIP stock ana declared . 20 paid hs
q dollars zach FOR every eyen hSnded
TO the owners aforesaid. their legal
stock Of the corporaton fun paid for re Of their
@ a s,e ana b ss .ns e = h erra
Gates SURRENDERED BY them Respectively and N addition
lars Tor hundred dollars Of their such certificates
psr,Is. entitled srs q share q either s
By such party in money Of the fair current value Of
An shares both preferred and common 10. issusd as
Be- Used posss FOR
and purposes hcgenbeforc declared, It's Directors may
An Scrip Stock 70 be subject % the psynen, o. future
assessments up TO par WHOM they shall become fu paid
non Q, any such assessment 70 forfeit tho
The CORPORATION snail be restricted from creating and
issuing any mortgage lien It's property, which shall At
srv time make the Of its issued aud out
standing mortgage indebtedness exceed seventeen thousand
had and oSaned o. il Sy o The q
both the preferred and common full raid stock
when the corporation IN duly trustees ahall
transfer ana convey 70 y The entire property belonging 70
aud by such Instruments In writing advise;
and they are hereby authorized 20 do aud all acts and
things necessary 70 carry into effect the purposes and dea
discharge expenses obligations made incurred
account Of this meeting which they shall properly
cialmabls from the benehcisries OF tho trust
The corpofaon simultaneously with the transfer OF the
property az Aforesaid shall all hs obligations and
liabilities OF the trustees under with
agreement and their scous relating ereto and shall pro-
thereof and shan undertake tho ard OBLIGATIONS
Of this amendment I'm such form manner a. shah DO
satisfactory to said trustees
On the duo transfer ~ the n
corporation and proper being taken
10 tho certificate holders their shares
stock ss aforesaid ard upon the aforesaid assumption OF
and be taken 70 be fully discharged and hc
shall therespon be fully released forever from anv
claims loss danaar thcrefron In relating
thrreto omission hv either
OF them pertaining thereto.
RIO LoAN--s90oco IN VARIOUS SUMS, ON BOND
Il and MORTGAGE on cltyIroperty. Apply 70 CHARLES
CHENEY. lo5 broadway. No commissions
TTNToN DINE SAVINGS BANK-Nos so6 AND soa
on sums Of 70 70 $4,000.