New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-11-30
Fixed and Contingent Charges After
Reorganization.
Total Fixed and Contingent Charges ahead
of the stock 49,.

OF the stock ---'
The 10 per the stock is to be paid
in four payments 2 per each tbs frs payment
to the time the stock Is deposited ana the
| other pa ments call Of the Committee
invite the holders OF and DER cent bonds OF the
company and OF its deposit the same with the
CENTRAL TRUST COMPANY against It's negotiable re-
cepts which are be listed on the STOCK EXCHANGE
and to become parties to the foregoing plan
We also invite you TO subscribe to the cash FUND OF
SIS 900 co., which be applied to the payment OF the
prncpal due on the rs underlying bonds upon
| the following
Eac holder Of 81, 900 per cent. bond shall be
entitled 70 subscribe for 400 OF the said fund For each
aoO cash subscription the subscriber is TO receive
$500 OF the said new s120 OF the said cent
preferred stock.
Each holder Of 100 shares OF the company
nay subscribe 81 600 Of tho proposed fund for which
cash subscription he is 70 receive $1,000 o the SAID new
Is and $50 Of the sold preferred stock
All subscriptions be made or before the 81st
day Of December 1882 and at the time OF making such
subscription holder Of the bonds or stock which
the subscription made must deposit the same with the
| CENTRAL TRUST COMPANY and become a party =
agreement reorganization The names OF all subscrb
ers shall be registered b. the CENTRAL TRUST COM
PANY and the right to the subscription shall belong
the registered subscriber and shall not follow o Of the
bonds or OF the stock or OF the receipts representing
II. the 31st DAY Of December 1889 any Dorbn
o, the said els 600 900 fund shall remain unslbscribed
Committee charged with the execution Of this plan VIII
req stored subscribers the right n subscribe 70
the unsubscrbed balance tn. said fund such
and conditions the Committee fix. The right TO
such additional subscription is limited 10 the period
OF fifteen days from the 31s OF December. 1888
The allotment Of subscriptions shall be made BIZ the
Committee expiration OF tn, period last referred
The Committee charged with the execution OF the plan
itself the right 70 alot amount OF ponds
less than the OF the subscription.
Holders OF Ewes and OF the stock may deposit
the securities with the said dcpostary and become parties
to reorganization agreement without subscribing the
said SIS. 600 600 fund II they shall elect to do.
The deposltors OF stock will In like manner be reg
stred and after the expiration Of the time allowed for
such deposit, the first privilege 70 receive the Second
Mortgage bonds and applicable to such stock as shall
deposited shall be offered TO such registered
deposors such and conditions and for such pc
RODS the committee may prescribe.
A syndicate syndcates may be formed TO carry out
and make effective this pan and to secure and guarantee
the same.
This plan shall effective when So per cent Of the
fyos and and 05 per cent Of the stock shall hsve
been deposited
The Committee which has agreed conduct this reor-
ganizatOn consists OF FREDERIC p. OLCoTT. JOEL r.
FREEMAN. HENRY w. POOR. HENRY BULGE and
COLGATE HOYT This Committee is to select the first
Board OF Directors
The purpose Of the plan to pay OF the sevens and
underlying bonds and to reserve for you all the benefit
and advantage OF the property The net earnings OF the
railroad are largely in Of the amount required to
met the Interest the proposed New Fours
Copies Of the Agreement Of Reorganization may be OBJ
tained at the CENTRAL TRUST COMPANY "a WALL
81, or from member OF the Committee on and after
Monday, December 2 1889.
Deposits OF bonds stock be made on or before
the Slst day Of December $780, unless the Committee
shall extend the time therefor Application Will imme
daey DC mace TO list the certificates OF bond ana stock
deposits tho STOCK EXCHANGE
BY Order of the Executive Committee.
II. v. MARTISsEN,
PRESIDENT.
We have examined the fore oinE plan and approve
fs terms and agree TO conduct and mnnnEc the pro-
posed Reorganization.
NETWORK, NOV. o. 1855
FREDERIC p. OLCOTT,
JOEL II. FREEMAN,
HENRY W. POOR,
HENRY BCDGE