New-York tribune., 1886-03-19

Ittsproposs ar friendly foreclosure existing
cages to organize new CO.. oratiJn, with the following
securities,
s10.oOO.OOO
Five ar cent Oar gold bonds So 100000 to be by
company aerscquircd properly and betterments
which shall themselves be covered by the mortgage.
S7.jOO.0OO to 10 used fellows:
sfO73Ooo daar dol for the underlying bonds,
S3ooo.010 b. Y 7. and r. first mortgage bonds.
: ..00Oooo "a" y and p second n gage bonds.
sL5o0,U0i -l ,nl Franklin first mortgage bonds.
sJ73oOD Oh Cree. Grst m9rtgags bonIs.
The remaining Sli270O settle mortgages
ana other present indebtedness.
s2O.O0O,OGO
second MORTGAGE gold bonds carrying interest for 10
AZ per and T. or than
per cash earned then double tho remainder In scrip
bearing interest earned to per cent. anu redeeuabe
" compsny's option within 20 years
S1I721 900 70 take mp dollar dollar the following
100000 b. ". I. and p. first consoHdaed mortgage
bonds.
s4O6I,oOO b. P. and " general mort-aye bonds
s2.SO0.O3O b.. y. Y. ant p. trust bonds.
ss66.O)O p. 7. an B bonds.
sI27J 900 to take mp 5000 q N Y and P general
mortgage bonds at Is.
S37J,OOO to take mp sjoOOO) U AMI T bonds at75
s216O.G0O the Shoders, dollar for dollar. FOR The
assessments upon Their stock.
Si403, 900 to settle the trusts aud floating debt
s3O,0OO.OO0
100000 for the present two casse5 OF
stock the remaining sOOJOOOO used only oy unaui
nous Of all stockholders called for
purpose. dividends mp to
after te second MORTGAGE bon holders shall
received their fail cash ntere-t 4arnings above this
per cent TO be divided equally betwn the second mort
gage the said bombs shall have received
per cont
About &C 10000 Of this stock for present pre-
ferred stock ard sl3 100000 for present tho
former pay per share Of 500 the latter So
bonds OF the face value
Of the amount o such payment and new stock Of the face
value OF the present stock
The new company but classes Of bonds and
stoc. much better financial basis than The present
companys numerous car trusts
large debt classes Of stock real estate mort
gag 3 etc etc
For plan Of apply tho ersigned the
COMPANY ,ils Building. the Bank Of New-York. i5
Wal st. New.York or the Fidelity Insurance Trust an
safe Deposit Company. Philadelphia
The REORGANIZATION agreement file with the Bank Of
NewYork and Fidelity Trust and safe Deposit
Company Philadelphia with whom all presen holders are
requested their securities assessments ~ once
Negotiable certificates viii be ssAed BY the depOstares 10;
securities deposited
CARL -CaURX, Chairman,
81 EXchlnge place Room II.
CLARENCE II. CLARK.
g south Thri.st., Philadelphia
CHARLES VI FRY,
Bank of Ney YORK y. B. \, 4s WGllst
ISAAC y. ~LiIt!MAN,
Mills Building.
I. IL ADRIAN TROMP,
81 Exchange place Room IL.
A. MARCUS, secretary,
O. Exchange aoe, Room IT,
~. x-mrn BONDS OF
MANIED THE RAILROAD EQLIPMiNT OR
~, ,,,rr-prNc y-TTHIN THE MKT IWELN l. MIN / I1S
POST MARTIN x CO.,
3ILl PINE-~T
NJ YOU WANT TO BUY OR SELL ANY
PI-TS OF CALLS on STOCKS or BONDS,
Write TO- telegraph TO- send for; or can on
IL " RO~tNBAl VI,
! vchange-plCc
New York. Telephone cali New ol'.
IIAS STOCKS and BONDS Of gIs companleS
II IN various Cries for sale yielding SAFE return ~
conservative business ,,.,,, r,-C, On proo5v,v
TI7UF TNTON PACIFIC RAILWAY COM
PANY-Thc annual meeting Of The Gshol9eIs m tT @c me
and the tran action or any oi iI tuSl
frss which may legally before th' InteuE WI ~
~ Ntoianoon falL 40 TrcmOnt-st, Boston on NruLes'
siav the tbir first Mar nrH az ~ ocI"cA d. w.
u' I'ra,isfer hooks will be clOseC March TO- - ,.,..
4i'"'''- 0 CHAItL.- f.. ADAMS, JK, lTesIueu-
UfNRY MCFARLAND, secretary.
Boston, February IS, io96