New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-12-02

Total Fixed md Contingent Charges ahead
OF the stock x,SST 3xO
The 10 per assessment the stock Is to be paid
IN four payments Of Oh per cent each the nrs payment
be made at the time the stock is deposited and the
other payments on cali Of the Committee.
We invite the holders of and cent bonds Of the
company and OF its stock to deposit the with the
CENTRAL TRUST COMPANY against It's negotiable re-
cepts which be listed on the STOCK EXCHANGE.
and to become parties to the foregoing plan
We also invite you subscribe to the cash fund Of
SIS 900 o0o which 10 be applied to the payment Of the
principal due the 7s and the underlying bonds upon
the following
Each holder of a $1,000 or per cent bond shall be
entitled subscribe for 800 OF the said fund For each
s4oo such cash subscription the subscriber is TO receive
$500 the said 4s and $3.50 Of the said cent
| preferred stock.
Each holder Of 100 shares Of Of company
may subscribe for $1,000 Of the proposed fund for which
cash subscription he is to receive 1000 OF the said
Is and $3.50 Of the said preferred stock
AL subscriptions must be made or before the 31st
day December 1897 and at the time of making
subscription. the holder of the bonds stock which
the subscription is made deposit the with the
CENTRAL TRUST COMPANY and become party the
agreement reorganization The 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 follow Of the
bonds the stock. OF the receipts representing
H. the 31st day OF December. 1859. portbn
OF the said els 900 900 fund shall remain unsbscrbed
the Committee charged with the execution Of this plan VIII
the unsubscrbed balance Of the said fund such
and conditions the Committee may fix The right TO
make such additional subscription is limited 70 the period
fifteen days the SAIL 3st day Of December 1882
The allotment Of subscriptions shall be made BY the
Committee at the expiration OF the period last referred
The Committee charged with the execution OF the plan
itself the right 10 allo amount OF bonds
less than OF the Subscription.
Holders Skies and OF the stock deposit
theh securities the said depoary and become parties
TO the reorganization agreement without subscribing
said SIS. 600 900 fund II they shall elect so TO do.
The depositorS OF stock will in like manner be reg.
stered and after the expiration OF the time allowed for
such deposit the first privilege receive the Second
Mortgage bonds and stock aIpisbe 20 such stock as shall
been deposited shall be offered to such registered
deposors such terms and conditions and for such
Rods the committee may prescribe
syndicate syHdcates may be formed to carry out
and make effective this pan and TO secure and guarantee
the
This plan shall become effective O5 per the
vos and and 05 per cent OF the stock shall have
been deposited.
Committee which has agreed conduct this
gsnization consists Of FREDERIC p. oLCoTr. JOEL f.
FREEMAN. HENRY w. POOR. HENRY BUDGE and
COLGATE HOYT This Committed is TO select the first
Board Of Directors
The purpose the plan pay of the sevens and
underlying bonds for you all the benefit
and advantage OF property The net earnings OF the
railroad are largely In OF the amount required to
met the interest on the proposed New Fours
Copies Of the Agreement Of Reorganization may be OBJ
taincd az the CENTRAL TRUST COMPANY, 81 WALL |
sT or from member Of the Committee on and after
Monday, December 9 1889.
Deposits Of bonds and stock must be mace on or before
the Slst day Of December, 1889, unless the Committee
she'll extend the time therefor. Application Will imme
dlsny be made list the certificates OF bond and stock
deposits on tho STOCK EXCHANGE
BY Order of the Executive Committee. |
r. MARTINsEN,
PRESIDENT.
we have examined the foregoing plan and approve
ifs terms, and agree conduct aud manage the
posed reorganization.
NETWORK. NOV. 27, 1899
FREDERIC r. oLCOTT,
JOEL r.. FREEMAN,
HENRY w. POOR.
HENRY BULGE.
COLGATE HOYT.
COMMITTEE.