New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-04-23


The assessments under the Plan and Agreement for 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.iok. have bctn reduced as follows. viz
The assessment on the cnpiini stock has been re-
duced TO 81 80 share for which the dcpositor il TO
receive $40 In new per cent. second Mortgage 100.
year Gold Income Certificates The time for the pay
mcnt Of tho first and second in-fnmcni- ca 1-4 per
cent cnch) of said assessment IL extended to May l.
ls3O at which time the third nsfnimcni Of = 1-2 per
cent Is nc aud payable. The last insinImen: Of per
cent Ia due and payable The 1t day OF June 1890
The assessment on the q per cent second Mortgage
Gold Ccrinca ties Inns been reduced 1-2 per cent
for which the deposor Is to receive per cent In new
per cent. -econd Mortgage iO0-Yenr Gold Income
Certificates. The time for the payment OF the assess.
ment 10 extended TO May 1, 1890.
IL per will be returned to depostors who have
paid cent upon presentation Of their certificates
to the Central Trust Company Q. New.iorA-
Parc~ who do deposit their securities under the
said Increment before May T. 500, or who do
not nav their assessments on the dates mined arc
hereby notified that they will be excluded from all
benefits pertaining to the reorganization agreement.
To provide cash requirements under the
the right offered dcposi;ors Of present per cent
I'd Mortgage Gold Certificates present stock % the
St. Louis. Arkansas and Texas Railway Company In
Texas for each block OF $4,000 OF such certificates or
for each 100 share. stock deposited before May
1890. to subscribe for
sl.0oo now per cent ist mortgage 1ooycar Gold
Certificates (Noy. l. 1890. coupon attached
and
$500 per cent Cd mortgage 1oo-year Gold
Income Certificate
tnon.cumulatvc)
for the OF 1912 90 whereof 800 IS parable On aot
mcnt and the balance June l. 1880.
In that the subscriptions exceed the amount
Of the securities a. the d-posai OF the committee for this
purpose. viz 1888 900 per cent First Mortgage
iooyear Gold Certificates and siiil 600 OF the new per
Second Mortgage looyear Gold Income Certificates
the committee the Hight TO alo less than tho
subscribed for. In Of default Of any sub
scrlber pay the amount due Juno 1890 committee
tho right TO declare forfeiture Of the amount
paid and the rights Of the subscriber shall cease.
The fore ons right Of on must be pied
In proper form and MED with the Central Trnst Conn
pauy Of New York n before Way 1. 1890. Forms
Of acccptnncc OF rights. assignments Of rights and
eopies Of tho rcorEau agreement bo had of
nil members Committee and Of the Centrn Trust
Company Of New-Yerk.
The holders outstanding per cent First Mortgage
GoIdt ertncae Coupons of Nny l. 1850. will receive
their IN vnlne md wears interest nj per cent
.nd face vniue In ons from the tommittcc the
oGcc Of the Central Trust Company of New York.
and after May 1890. upon surrender TO tho Commit
tco such coupons The foregoing has this day been
duly nlcd with the Central Trust Company of New
York.
w.Ysrk, April II, 1890.
FREDERIC 2. OLCOTT,
HENRY BULGE,
JAMES -PENKR.
JOHN REMEDY TOD,
EDMUND SMITH
WILLIAM MERrENS.
Committee.
@. s. ELLIS Secretary.
81 Wsll.st.
THE Undersigned COMMITTEE HRREBY
GIVE NOTICE THAT THEY APPROVE or TIIE OIL
COLT PLAN or REORGANIZATION, THE A~-E>s-
MENTS or WHICH HAVE BEEN REDt tED A.
ABOVE STATED. A>D REQrE-T TIE HOLDERS
or -ECTRITIEs DEPOSITED WITH THE FARM
Frs LOAN AND TRUST COMPANY. TO WITH
DRAW THE SAME AND DEPOSIT THEW WITHOUT
DHLAYI ~ THE CENTRAL. TRt ST COMPANY IN
DER THE OLCOTT rLAS.
WILLIAM NERTENs,
T. G.. HE>NEH.
e.. j. WETZLAR,
VI. cER>-iIEIN
yHw.YOUK. APRIL T. 1890.