New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-11-28
Fixed and Contingent Charges After
Reorganization.


of the stock. ~'0"'"~'
The 10 per cent the stock is TO be paid
an four payments M per cent each the mrs. payment
70 be made at time the stock is deposited ana 'ne
other payments call Of the Committee
we invite holders Of and per cent oonos OF ,he
company and of It's stock deposit the same with the
CENTRAL TRUST COMPANY against its negotiable re-
cepts which to be listed on the STOCK EACHANUE]'
and to become parties TO the foregoing plan
We invite you 70 subscribe to the cash iu1o OF
s1s 900 O which is 70 be applied TO the payment OF the
principal due rs and the underlying bonds upon
the following terms:
Each holder Of $1,000 or per cent. bond shall be
ented 10 subscribe for e400 Of the said fund For each
$500 Of such cash subscription subscriber is to receive
s5oc Of the said and s12o Of the said per cent
preferred stock.
Each holder Of 100 shares the stock Of the company
NAV subscribe for Of the proposed fund for which
cash subscription he Is receive $1,000 OF the SAID new
Is and $3.50 Of the said preferred stock
All subscriptions must be made or before the 31st
day OF December 1889 and the time OF making such
subscription holder Of the bonds stock on which
the subscription made deposit the with the
CENTRAL TRUST COMPANY and become a party the
agreement Of reorganization The names Of Gil subscrb
ers shall be registered b. the CENTRAL TRUST COM
PANY. and the right the subscription shall belong
the registered and shall follow
bonds OF Of stock the receipts representing the
II the 31st day Of December 1889. portibn
OF TIE said els 600 600 fund shall remain unsubscribed
charged with the execution Of this plan will
over registered 70
unsubscrbed balance of the said fund such
ard conditions the Committee fix. The right
such additional subscription is limited to the period
fifteen da.s from the saBl 3lE day Of December. 1889.
The allotment OF subscriptions shall be made By the
Committee expiration Of the period last referred
The Committee charged with the execution Of the plan
reserves 70 itself the right to sot amount of bonds
less than the amount OF the subscription
Holders Of Elves and and the stock may deposit
thew securities with the said depostay become parties
10 tAe reconciliation without subscribing
SAD sls.cooooo fund. if they shall elect 50 to do.
Inc oepositofS OF stock will in like reg
NNleli ana after the expiration allowed for
such deposit the hrt privilege for the
Mortgage bonds and applicable 70 such stock as shall
not have deposited shan be o~eres 70 spch ger1
subscribers on such terms and conditions and for such he
Iods the committee may prescribe
syndicate or syndcates may be formed IN carry out
and make effective this psn and secure and guarantee
This plan shall effective when s5 nor can, -, -.
nves and Nes and 50 per cent Of the stock shall haye
been deposited.
The Committee which has agreed to conduct tint, ,oo
ranlzatlon consists Of FREDERIC p. OLCoTT Iorr. T.
FREEMAN. HENRY w. POOR, HENRY BUDGE and
COLGATE HOYT. This Committee is TO select the 0rs,
Board Of Directors.
The purpose Of plan is pay OF the sevens and
underlying bonds and reserve for you the benefit
Aa advantage property The earnings OF the
oaa are largely in OF the amount required 10
''s NE interest on the proposed New Fours
0'p'A u The Agreement OF Reorganization may be oh.
tanned az The CENTRAL TRUST COMPANY. "a WALL
'' IRON any member Of the Committee and after
Monday December 1884
DloH''s VI bonds and stock must be made before
ho ''' ~! Of December 1882 unless the Committee
mn ch'ef1 me time therefor. Application will Hnne.
-y " mace 70 hs' the certificates Of bond and stock