New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-01-22
financidl.

financial.
Reorganization
ST. LOUIS, ARKANSAS
TEXAS RAILWAYS
In Texas and in ArkanSa and Missouri.
the request the holders of large amounts Of all
Glasses securities the undersigned have con-entcdto
rs n committee under Agreement lodged with the
CENTRAL TRUST COMPANY OF NEw-YORk. to
reorganize the IT. LOUIS, ARKANSAS and TEXAS
RAILWAY COMPANY in TEXAS, aud the II. LOUIS,
ARKANSAS AND TEXAS HALLWAY COMPANY
in ARKANSAS aud MISSOURI the following bnsis
VIII
PLAN.
NEW SECURITIES.
-Four per cent. LIST Mortgage 1OO-yenr Am ooo
$500 600 rc-cryed
-Four per cent. I'd Mortgage 1OO-ycnr
Geld income Certificates tnon-cumuln- nc ono ooo
The issue OF these certificates be Increased TO
$40 900 600 subject restrictions to be provided in tho
mortgages their issue and application OF the proceeds
Five per cent. Preferred stock nom ,o ann nm
cumulative .....'...-..'.- s<V'oouooO
Common s16.300O0O
The asserting security holders who deposit their
curtcs and pay their respective assessments provided
in the said agreement. will receive the engraved Reor'
ranI1atlon Certificates Of the CENTRAL TRUST COM
FANY % Ncv York. and VIII be entitled. on the com
peon the organization OF the companies the issue
securities and the surrender Of the Rcorganza
ton Certificates. 10 receive
For each 81 900 per cent I,t Morgage Gold Cer'la-
New 1 per cent. Is, ,Io5tsngc Ioo n1y Gold
Ceraca'e'' with May l. 1890 Coupon Al $3.50
New 1 per cent. I'd Mortgage 1Oo-yenr Gold .,.o
IncO Certificates S~""
New per cent. Preferred >tock--..-..-...... s-oo
For unpaid per cent. 1st Mortange Gold Cerid-
cate Coupon due May |. lSS9'
Par In Cash. o'o
For each 900 per Id Mortgage Gold Certh
cate. with all coupons attached and for per cent
the trrthcafc and so on or before Aprn l. ioooI
New per Preferred ~tOck...... ...... ei'Ooo
New per cent. I'd Mortgage 1O0-y cnr Gold s.o
For each seo Iro Of GG Gp% rr for per Sry SSs
deposit OF the Cerfihcaic, and inrhcr aimenis
f $50 T r%-Sc CT "r S5i0f' N'' "' " ~
New Common stock cioo
New per cent. I'd Mortgage 100 yenr Gold
Income tcrfinrntr- saw
The now Der cent I'd Mortgage Ioc.year Gold Income
Certificates Will De- in denomination, n $1,000 ard soon
Convertible scrip VIII be issued for fractional amounts
Of certificates to which d"ro'ors are entitled
Iii, proposed under the plan to provide out offhc new
.ecurtic. md n.-c,.ment- about 50 900 cash for
improvement. and bcttcrncnts and about Sl'foO.Ooo
to pay outstanding Car Trust Certificates the
equipment pom becoming subject the new first
mortgages.
SECURITY HOLDERS ARE INVITED TO BECOME /
PARTIES TO THE SAID AGREEMENT by DEPOSIT /
ING THEIR CERTIFICATES AND STOCK WITH TIL /
CENTRAL TRUST COMPANY OF NiWYoRK, - !
wALL-Sr. oN OR BEFORE THE 18th DAY OF |
FEBRUARY. $500.
To provide for cash requirements under tho agreement
The right ID. or.d 10 do,tors of present per cent I'd
mortgage cold C.Itn ats or present stock Of the ~
Lons Arkansas aud Texas Railway Company m |
Texas. ZACH block u 10000 q such certificates or
for each 100 of .o.G deposited before Feb
- 1890. p. -.h-rrihc fof
cold rruaearo 'Sov. i. 1890 coupon at
tnchcd.
saqouem /: per cent: "a Mortgage lOO-,ear Gold
for the sum of soi&@0. "hereof 500 l.. payable on
allotment and the balance hny !, 1890
In he even. that The subscription. exceed tho amour,
of securities the disposal Of Tho Committee for this
urpo-o ,ll s-.5os 900 ncw per cent First Morteas'
lDolr todd '.l'n 1'- and 81. tflool ~ Do" hoW l'r
r.u, q No-'-ar. iooy-ar cold Income C'ttHcste o." /
Committee reserve. right ao, ls than the amount
sub, r,d for Ia ,a-r default Of subs ribcg 70
ay amour, dHo MAY l. 1890 the Committee r'ser''-
r,lt d ir. forfeiture - hc amount paid. ana
thc q -ht, o. 'he SUBJ, .rihrf stall ccase.
Cop,, ~ the REORGANIZATION Agreement may be hrd ~
any n.mher OF ,Ae Committee. and Of the CENTRAL /,
TIL ST co.
InrasG Reorganization Certificates ar now ready for
issue AID immediate Application VIII be made - list the
sAuo on u.c StocH L2clauee.
FREDERICK r. OLCOTr
IIENRN III DGE,
JAMES ~PLlER, Committtce.
JOuN REMEDY TOD,
rDMIND SMITH
q. s ELLIS. SECRETARY
5, WAI.I..ST.
Pcukrre rud Rrn<rra