, 1880-03-11

nS: u 5i.9s sissS% iGsSst% iss5dsi
Or moro than sufficient to neot tho Interest tho
amount Of 0utatnnuinH u0nds.
Tho Company statos thAt tho decrease In tho earn
inEs OF thu Northern u!ylh!on III 1Hl, waa owing In
tart to temporary c.usest which l,avE buon ftceEt-
Iy removed, D return tho foTAtr Eco Of cM1pfnEa
IL EtUnlnol
Tie Northern Division II separated from tho Honth-
err Dlvlslon by ga os nbuut l m!las y ono routo.
frun Tres rlnos u huron, and by Rnp Of nbout ln
Iu1les by notoF route, from SOetlad to POso JUNG
ton. The San Jououn Valley nEnnch OF tho Central
Tactic NnilrUad, furnlshes tho B1ushorn Division
with outlet both to Ban francisco and eastwhrd!N
oyeF tho nnth limo Ut tho Central Paclao ltailroaa'
nud In yIew Ut common Interests, tho Central lncifo
1kAirUnu Company hna taken q DeasU Ut tho Southern
Division of tho Southern PAcc Isaroad OF cnltt0r"
MIA, fer o51od 0f not loss thn tvu ygar frum Jun
uary, l6HA und by the torns Of tho ensO "if rnrond
In not completed tn lvo yenrr fro tint date 10 at
thero Is connection Of the Southern rnco railroad
of California With tho Easscrn systcm Of railroads
whAt Is known ~ tho l pnrnliol no. tho loa4o afn
bu extended until such connection II madc+ provided
such extension does nut oxcoet nye Yonrr longer.
ton Yentx In Atl" frU1u JRnhAry l tsY Tho tgtns Ut
tho Ichae "te net FcA agreed tu bG paid during tho
continuance OF tss leaHa nnd any exto'1sun thorco
shall te Two hundred and lfty dollars month. or
thru thousand doIfarH ycAr nllo,H theirU At
rrcKunt nout Sl miles. equals abont sl.EAm mn
nuni rontnl. and H. for my cuse. It shall 3o re-
ducpd by mutual c0sont of tho parties that tho an-
nunl amount Ut such reutal reucod shall a. iost,
be autcunt u ay nil TIM interest t!At lhs boon, or
1Mny bu nKreed tu bo. paid In my ono ycar on any
bonds Of tho party Ut the frst rt" tsoushoF' Pacific
ltailEoau Company Ut CnllfDtn!nl, "hercln ouaand-
inK during tho continuance OF tho lQnae"
Tho number Of Of iand cnbrncod In tho United
Btnes nnd grant and cuyugod BY tho atorEnao Il ea-
tlmnted Ut UPWARDS Of li,unGu acros, Ut which 1t IL
stated by tho Company that oFeF nppcf.
tain 10 Iortlona of tho suad already completed. Of
those thgro t1yo boom tasuct u tho Company IAtonA
for ta million uos0s, md lists for sclectea
lanIs aTo now pending with the un'tod Staaoa Gov
tho land sales be applied to tho rcpurchnsc or
ultimate pnynont Of thea8 Hona1 Ert1U AFRO atated
BY tho Company II hnEo boon rpdeomcd up to Docom-
bor 81, l5'yl from tho surplus 10 available
4 Sinking Fund OF 4loonn yoar, comm oncIng in
1s1, from tn earnings ut tho road IL provided as a
furthor security fur tho loun.
ltis contemplated that tho Southern PucId 1satt-
r0ad Of California will form part OF through line 70
I'll lAao wIlrro M0etn9 With utt0s sOada pF0ectodto to
tAt point, oukot to tho Gulf VI Moxtco ao 70 tho
Atlantic bcnbuarl may 10 0btalned. At ts terminus
at yu,,n |. CONNECTS with tho HoutluTn Inc!lo lsatl-
road ArjEoaa, independent but closely affiliated
company. which during tho mst your ~as built aud
opetatud to Cnsn uranio, distance Of nbout lS3}1
Ilcs. and Il snco peln9 Inidy pushed 70 tho vctnt-
~ Of Tucson, Rbout Is nlIles futthor enxt.
Tho allotment OF tic Loan, which Will TO mAdo ut
the iItcratlon Of tho tsnunx hoaucs, will bo n'ad0 o.
carly ~ possible after tho subscription Il closo. It
no allotment Is tnade tho tepast will ba returned In
full md II unlJ portion uf Tho amount applied f0r
TO a1Ottcd, tho baancH Ut tho depOht will 10 applied
towards ths payment Ut tho amount due ou allot-
ulent,
In default Of poyu,ont Of tho suu duo on allotment
Or any subsequent ths altot1uuns aad n
payments will h1 subject Y, forfeiture.
Upon pa}munt Of tho deposit on allotment, Scrip
Cest!dcu.es u baaror will b ssusd which will DO
changed for donlt0 honda "a noon ~ tno ssao pfto
Il paid uPA
Tha Mortgage noed, Copy of Lease, 3nd otncls
Statement. cnn b. lnspectod, by Intending subacrt
or, At tho o'oo af Heyor Co.. "a E1chansa.!'ace