New-York tribune., 1890-05-01

The under the Plan and Agreement Tor inc
Reorganization OF the ST. lis Arkansas ana IcNas
Railways in Texas and in Arkansas and MISSOURI Gatcd
Dee IL, 1889, and lodged with the Central trust Com
Of Ncw.Yofk. have been reduced as follows VIZ
The assessment on the capital stock has been re.
duccd TO g. so share for which the dcpostor IL 10
receive 81 In new per cent. second Mortgage lou
Year Gold Income Ceridcatc>. The time Tor the pny-
mcn of the first and second insn in'ch'' '| i- Prr
cent each Of said assessment IL eNch"ed 10 i"S -
1890, ut which Tine the third nsancnt Of l-% per
cent is due and payable. The las insta'mrn OIL per
cent is due and payable The At day oi june io""'
The assessment Oh thc u per cent Scconu ''"r't"Nc
Gold Cercn ties has been rcducedto D i-- per cent?
for which the dcpostor T.. 10 receive cent in new
per cent. second Mortgage 100. hcar 'o" '"c"'"c
Ccriifcntcs. The the payment oil the hsscss-
ment il extended TO May 1. 1899.
IL per cent VIII be retained to depositos who have
paid cent upon presentation o thcif ce'"n ''eS
to the Genital Trust Company Of Ne"'1oi"
Parties who do deposit their securhie' "hdcr'n
said agreement on before May l. iS"", or VINO 40
not pay their asscssmcnts the dates named are
hereby notified that they will be cNci""c" 'ro" "'
benefit. pertaining TO the reorganization agreement
To provide for cash requirements under ths agreement
the right is offered to dcpo>ior Of present per cent
cd Nsrtcagc cold Ccstncatcs or present STOCK oi IN"
ST. Louis, Arkansas and Texas Railway company III
Texas each block Of $4,000 Of '"ch eeith'a,e' o.
100 shares Of stock deposited on OF before Nay
1890. TO subscribe for
~ 600 new 4 per cent l,t mortgage lOO-ycar Gold
Certificates (Noy. l. 1890, coupon attached
and
500 new per cent cd mortgage 1oo-year Gold
Income CcIticatc
(non.cumulatlVc)
for 80 whereof 500 Is payable on alot'
nent and the balance June 1890.
In the that the subscriptions exceed the amount
Of securities the disposal OF the comm tee Tor th'
purpose. viz s259S 900 cent flr't Mortgage
looycar Gold Certn aud $lin 900 ot the new per
cent Second Mortgage lO0ycar cod Income CcrthaieN
the committee reserves the hight 20 ao less than the
subscribed FOR. In Of default oi any SUB
scrber pay the due June l. 1890 the committee
reserves the right to declare forfeiture Of the amount
paid. and the rights Of the subscriber shall ceas'.
The right Of must be accepted
In pro per flied with the Central Trust Com-
pany of New ork on or before Nav I. 1890. Forms
ofacceptancc OF riahis. assignments oi rights and
copies Of the reorganization agreement may De had "i
nil mcmbcrs ftlc Committee and oil the cntFnI trust
Company of Ncw-fork.
The holders standing per cent First Mortgage
Gold certificate Coupons of May lS"o viii receive
their value and years interest nt per cent
said value In cash from the Committee nt inc
Office Of the Central Trust Company Of Ncw-iorh ON
and after May 1890 upon surrender TO the Commits
tee such coupons. The foregoing has 'h- da, been
duly filed with the Central Trust Company Of New.
York.
Ncw- York, April Ii, 1890.
FREDERIC =. OICOTT.
HENRY BCDGE
JAMES >PEYHK.
JOHN KENNEDY TOD,
EDMUND SMITH,
WILLIAM MERTENS.
Committee
G. s. ELLIS Secretary.
81 Wallst.
THE UNDERSIGNED COMMITTEE HERERY
GIVE NOTICE THAT THEY APPROVE OF THk OIL
COIT PLAN or REORGANIZATION, THE ASSESS
MENTS OF WEIGH HAVE BEEN HEDrCFD A.
ABOVE STATED, AND REQUEST THE HOLDERS
OF SECURITIES. DEPOSITED WITH THE FARM
ERs' LOAN AND TRUST COMPANY TO WITH.
DIR tN THE SAME AND DEPOSIT THEM WITHOUT
DELAY IN THE CENTRAL TRI ST COMPANY IN
DER THE OLCOTT PLAN.
WILLIAM NIERTENs,
=. &. RENNER,
e.. J. WETZLAR,
VI GCRN-IiElM.