New-York tribune., 1878-07-26
TO THE
HOLDERS OF BOMBS
OF THE
Kansas Pacific Railway Co.,
UNION PACIFIC RAILWAY CO., E. D.

NEw.YoRK, July 25, 1873
circular dated 81, 1873 signed L. H. Meyer chair
man. II. Homes having been issued pur
porting have been made by authority Of committee repre-
sonne holders company and addressed 20 the
holders the Denver Extension Bonds CONTAINS so many
glang II - Ia that some OF the
prominent mstatemenis III the circular should be summary
fsrIt asserted that agreement had been entered
into tand he circular Puris 20 ,ei ou n 80 0i sno
rW OHIRDS q the outstanding bonds ard coupon eer
bonds pledged by the pool aiorsad should be de-
posted the Trust Company in pursuance Of the plan pro-
There never any such agreement made The following
Instructions VaTdcrpoel, ought convince that
such an agreement possibly have been entered
HOLMES TO MIR. GOULD.
the MOUNT Of aSsenting bondhoiers which shall
se TO make e & e9na gn@ps nS 90 ' aS Go bonds IN Se
hanis aud Administrators Mesrs Perry and
bonds the poa deposits IS part Of the re TIIs
yoa settle point and wIl with Mr. Nanderpoel
ai oncel Please send wori TO my office.
(sgned) HOLMES
a. The G % q s 4Ss y 9Se sSp @ G Re Above H Could dV
MR. GOULD TO HOLMES:
road capsry ea SSmpy with that portion Of the Contract
yaaf @ s psr esHt bons Without the The
MllOlh -. 80 r. Il, a, -, % " -, Ss ~, NOV he ,oSi
that extent and IN thai tlere should be some pro-
would demindn tsir fun per cent Messfs Dillon
and Ames assolt to this; nav oorrnp
These memorandums were the LAST that were maae be
the the made which was On the first OF
This OF ome. exp0des the PTe,cxt that , S9ere
bad eyer been an Agreement ol Tor thc @ 1T o o os G
evr made thought q 10y the oo on Iae contrary fe
Bonanoders nog assuming such Irporuons had REP,
be surrendored ALL the outstanding Denver Extension
i i l M Of five nndred bcnver Extension MS at much
than cit ef their mark or their real value into which
being members Of the pool paced their bons and there
~ obtained their Gates IN the pool,
Willard being Ot the pafues engaged III
business of negotiating he sale eoncealng the I.t i @
bonds at a price above their value
foreclosure i eou be- avoided would be Infinitely
sass by foreclosure aud franchises Of the
company Moui be lost and new COMPANY wo[a ~ sun
You viii under tanh the reason WAY tlr ool was consent
si 10 ave Ie bondholders so large sum their bonds
IL that Il ALL tae bonds could be erught ~ as was
aoe very valuable charter would bo saved to the
ultimate Iodrfs Of the property.
stseusI. R the ciregiar de demands at
interests unor ecurtes became parties to t9e pool
poiecJion Of the Denver Esension bond
hodc for the purpose Of harmonizng he interests OF me
SINE purpose win the Ike approval that ar Willard
ere is an that olms and Willard had placed
esyes on 6Sa 's' h cS % 5g 9a''iT Bur a TO THIS state
Hent Ia the ccalr truth Holmes Subscribed ana
eosy5iS"sfS s'6IS shares 5S '.,t stoGS. GS'''
2,.1OO second Land GIANT Bonds, .
and willard subscribed IN the pool Tor LliDselI
IONA shares stock,
and for others the iO.Owing
3GCf shares stock,
% Income Bonds,
$4,000 Land Grants,
10000 A.. " bonds
4.GOD IeavunwOr,h Bonds. 49,.
or the latter 1900 stock and l5ltOO in Income
Rorls were de Noufve member OF the
cam Judge fom these facts The sincerity Of he statement
ha Holmes and Willard had but snal Interest In the
Tht h1 members pool with the exception Of Holmes
meeting 10 Kansas is true but sleh meeting casual
held for the Of deyiang some plan by Whch
the holders the could come o. proper and
Denver Extension OOnuhoid'fs,
through the fundamentally OF what Is called the Boudhom
ers Committee failed. There nothing clindestne
alf auy part tho business. proposition areed
uon OF the pool present and forwarded 70 r
or suggestion
10 hi. ilps the pOO that le Immediately handed
socael Committee Of BOndlOldefs, slne OF
the public IN distorted maneef represent
viii aud cndeaNOTing 10 ielSnade
All the place their bonds In their hands ana u-
der that destructive hgaton
It's property Ihe plan Of deposit
np the bons COMPANY hands Of the Irust Com
committeeman unlimited control Oi the same
mpOunds bonds deprvcs the Of control
them for an indefinite time , -.,o,. , -. 49,.
m Is dine that bundhOders should KNOW before thus
impOundinE bonds FACTS that have led 10 TINS
anomalous state OF things. ,..,o-
The two gariBg points Uf misrepresentation alIeay men
0ued will satisfy CAREFUL persons OF this but 10 place
The matter doubt the referred TO are AT
hand inqurGg bondhoGer an 10 such eY
Will satisfactory evidence Of the utter want OF truth
fulness and fairness of that CIRCULAR - :, zrc,p,c,-
Vice and Acting President Kansas Pacific Railway Co.