New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-04-21

The assessments under Plan and Agreement the
Reorganization Of the ST. Louis. Arkansas and Texas
Railways In Texas and in Arkansas and Missouri. dated
Dec. 10. 1889 and lodged with the Central Trust Com
pany OF New-York have been reduced as follows viz:
The assessment the capital stock has been re.
duccd to 81 30 SHARE for which the deposition - 10
receive $40 in new per cent second Mortgage 100
Year Gold Income Certificates The time for the pny-
mcnt Of the first md second instaImcnts - - per
cent each Of said 10 extended to May
1890. which lime the third instnlnicnt OF - per
cent IL due and ,blc The last instamrn OF per
is due and aynbe the 81 day of June. 1S90'
The assessment on the per cent. Second Mortgage
Gold Certificates has been reduced 10 ID per cent
which the deposition IL receive cent in new
4 per cent. second Mortgage ioo-Year Gold Income
Certificates. The lime for the payment Of the assess.
mcnt IL extended TO May I, 1890.
Ia per cent will be returned to deposltors who have
paid per upon presentation OF their certificates
to the Central Trust Company Of New.YoIk
Partic. who do deposit their securities under the
snid aErcemcut before May 1, 500. or who do
not pnv their assessments o the dates named arc
hereby notified TINT they will he excluded from all
benefits pertaining TO the reorganization agreement.
To provide requirements under the agreement
the right is offered to dcposors OF present per cent
I'd Mortgage Gold Certificates present stock OF the
ST. Louis Arkansas and Texas Railway Company IN
Texas each block Of $4,000 Of such certificates or
for each 100 shares deposited before May
1890. subscribe for
$1,000 per cent 1st mortgage lOO-year GOD
Certificates (Nov. /. 1890. coupon attached,
$500 new per cent Cd mortgage 1oo.year Gold
Income Certificate
mon .cumuativc)
for the 1912 So whereof 500 IS payable on ailo
ment and the balance June /, 1880.
In the event that Subscriptions exceed the amount
OF the disposal q the committee for TINS
purpose viz. 259s 600 new per cent First Mortgage
1OO-ycar Gold CcftG acs. and OF the new pr
=.
the committee the hight to alot less than the
amount subscribed FOR. In case Of fault OF any SUBJ
scrbcr to paw the due June 1890. tho committee
reserves right declare forfeiture u the amount
paid and the rights Of the subscriber shall cease.
The ding right Of must be accepted
In pro per aud nlcd with the Central Trust tom
pauy Of Newly or before Nnv !. 1890. Forms
of acceptance OF rights assignments OF rights. and
copies the reorganization NAV he had Of
all member. OF the Conmtec and OF the Central trust
Company of>cw-York.
The holders outstanding per first Mortgage
CerriGcaie Coupon. OF May $50 viii receive
their fncc value and ,cnrs intcrcst nj cent.
upon said face value cash from the Committee. at the
Office Of the Central Trust Compnn, Of >cw-lork.
md after May l. 1890. surrender TO the Commits
tee such coupons. The foregoing hn- ihi. dn, been
duly filed with the Central Trust Company OF New
York.
New- York. April 1, 1899
FREDERIC l.. OLCOTT
HENRY BUD
JAMES ~PEl ER.
JOHN Kennedy TOD.
EDMUND SMITH,
WILLIAM MfRTE>~.
Committee.
O. s. ELLIS. seerearv
81 Wal.s,.
TIE Undersigned COMMITTEE HEREBY
GIVE NOTICE TIL 1T THEY APPROVE or THE OIL
CO1T PLAN or RE0RGsNIItTIoN, THH A-~E~>-
MENT- OF WHICH HAVE BrfN REDItfD ~
ABOVE STATED. AND REQTE-T THE HOLDERS
OF -FCTRITIEs DEPOSITED WITH TIN FhRN-
ERs' LOAN AND TRUST COMPANY. TO WITH
DRAW THE SAME AND DEPOSIT THEN WITHOUT
DELAYIN THE CENTRAL TRt IT COMPANY ~
DER THE OLCOTr PLAN.
WILLIAM MERTENs,
T. g. RF>\ER,
G.. !. WET/LtK.
VI. GEnN-HEIM.
NEW.YORK APRIL II. 1890.