New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-11-20
Sinannal.
ATLANTIC AND PACIFIC RAILROAD COMPANY.


The holders Of this compauys bonds known - It's West
Division Ga due 1910 and Of Its Central DIVISION
O. due 1922 hereby Informed they exchange Moss
bonds OF each class for equal smount for par OF new
-Four ~ Per Cent Guaranteed Trust GS Bonds OF this
Company
The bonds l. 1887 to 20 years.
to bear interest Of Four t Per Cent per snu
payable mannuay January and July and are 70 De guar
by upon due payment OF
principal and the Aohson Topeka and Santa re
Railroad Company the st. Lous and San Francisco Rail
Company the of oneha by each COMPANY ana
by deposit trust by such two COM
panies with The Mercantile Trust Company New York OF
the bonds for which bonds TO be given IN e1
change
The necessity making this propona to the oonhodsrs
has long received careful consideration Of the tree COLD
psnes urgent The sdvissby Of It's acceptance
the part OF bondoders win be evident from ne fo
lowing statements;
Notwithstanding the establishment Of through trans
continental line the Atlantic and Pacific Railroad DO
ssssfppi Missouri rivers and the Pseho
Coast by with Southern Pacific Railroad Company
by completion Of the California Southern Kali
road to connection with the Atlantic and PACING roa 'n
expectations entertained at the time OF The Inception OF no
ENTERPRISE have not been realized satisfactory degree
fulfilled This has been % causes which could not DO
Deays occurred while the cost e1
general depression IN business has
AMI unprecedentedy low rates have
prevailed and OF all the OF The Az
lsntic and Pacific road have 70 this time been wholly
insufficient fixed ehsrees although the interest
s bonds has beer REGULARLY paid The funos LOT TINS
purpose OF the other nIed charges OF TINS
company. time to time advanced ~ the
Atchson Topeka and santa Fe and the 81 Louis and san
Francisco companies because Of their large respective N
the and their confidence in the ultimate
Of this railroad The present oblrsonso those com
panes paw upon Atlantic and
Pacc Ons ISSUED advance 70 the extent OF only
25 Of tie derive ~ them rom the
passing their tines and coming ron
road OF the Atlantic and Pacific Company and
their made only loans which TO be repaid
with interest In order maintain the sovency OF tie
Atlantic and Pacific Company and in the hope OF better
results In the iuure tie Atchison and San Francisco
companies have already advanced largely in excess
obligations under traric but the time
has when snch assistance be no longer expected
companies notice that It VIII not be
They however, agreed that the new
proposed each viii future absolutely guaranteed the
payment onehs OF the Principal and Interest at per
OF the pany existing mortgage Indebtedness II the
bondhoders Will accept such guarantee and in consideration
thereof exchange the existing ponds Of this company
plan already acquiesced and approved BY
many holders OF bonds and in large Its success
contingent upon the before December o. 1855
q the holders OF majority interest II such assent Is not
obtained by that time Will be considered that the plan not
The bon ihoers the option Of either com
psny be abandoned In cannot be expected
that other plan be presented advantageous to the
bondhoders that proposed that in any other way
they enectuay protect their interests
The Per Cent Bonds guaranteed 10 principal
and interest and with all the advantages stated ought to be
highly regarded for Investment and at command mar
equal approximate To that approved
securities OF Ike
BY deposit existing mortgage bonds the
they exchanged security the lien OF
mortgages all tire property VIII continue for the
benefit OF the holders Of the bonds
The Mercantile Trust Company. OF New York Will he the
Trustee by three
MES to secure the bonds each OF which will be au
thentcaec by II and copy OF the be thers
The said Trust Company New-York. and
Messrs. Selgman & Stettheiner Frankiurt-o-M.
wurttemberg sche verensbank. Stuttgart
Rheinische CTedtbank. Mani helm.
Fliale der Rheinischen Credit aank. karlsruhe,
Filiale der Rheinischen Creiitbank. Heidelberg.
Fii-le der rein schen CreiitDank. Constant.
Fillale der Rheinschen Cre,litbank. FreiburgiB..
Alsoerg. Goldberg 4 CO.. Amsterdam
pre- present bonds
the deposit OF the with coupons attached to be
changed a. stated THE MERCANTILE TRUST COM
PANY OF NEw.YORK. NJ -SR@ KIDDER PEABODY
%. OF BOSTON. and the Fransurter Bank. at Frank
fnrt-o NJ. a Temporary receipts which VAL DO
ehang-abie bonds ready
Western Division bond deposited they viii also
give $40 cash. and for ami for each Central DI
vision and i0r interest aud OF Tie
proposed Bonds bearing Jan
The to have coupons annexed but pro-
VS. on f. also fl their regsrafol. and at the
time exchange they ready delivery receipts
or c,runcaes ssle emitting the holder the bonds
a. soon ~ they o. be du prepared
Applications viii have the Guaranteed Trust
Gold Bonds placed regular list 81 the NewYork
Exchange admitted dealings a. the Exchanges
abroad
BY order Of the Board
II. c. MUTT President
Approved:
EDWARD r. wINSLOW. President
St Ions and san Francisco Railway Company.
Approved
WILLIAM p. STRONG. President
Atclison. Topeka and -anGa Fe Raj road Company
CANADIAN BANK oF COMMERCE.
Is FNCHkNGE- PLACE.
MR.. h. Z. WALKER. Of the Agency OF he
VI Cana Han Bank tOrmerce. New-N0rk. having been
appointed The ~ Torpurn the busi
ness o. III Oice VIII hereafter Dee conducted by
J. H. GOADBY. Agent
ALtN. LAIRD. Second Agent.
LTTTIR ROCK. MISSISSIPPI RIVER ASDl
IFXA- kAILWAY
NOTICE Is hereby given that plan for re-
~ OF said has been prepared and
distributed boudhofer and stockholders far
address ANY Interested not receiving
copy sad plan will y sending a. T. D. sd
dress Joseph hampman. p. o. Box 20-9. Boston Mass
ELISHA ATkINS.
Chairman OF Purchasing Committee