New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-07-26
OFFICE OF THE
Louisville and Nashville Railroad Co.,
Equitable Building, No. 100 Broadway.
NETWORK, July 0, 1891.
La III.
To the Stockholders Of the
LOUISVILLE AND NASHVILLE RAILROAD COM.

To the Stockholders Of the
LOUISVILLE AND NASHVILLE RAILROAD COM.
PANY,
At the meeting Of the stockholders Of this company
held at Louisville KY, July 8, 1891, at which
36S.Ii6 shares voted, the stock Of this company
was Increased by the amount OF 81 1000, 000 in ac'
cordance with the following resolution
"WHEREAS, The charter OF the LOUISVILLE AND
NASHVILLE RAILROAD COMPANY and the amend
ments thereto authorize this company increase its
capital stock amount sufficient to represent the full
cost OF it, road and branches and
WHEREAS, Such capital stock is now forty-eight
million (s48 600 600 dollars and,
WHEREAS, 1t is necessary raise money to pay
TO- tho railroad. other property rights and franchises
Il the KENTUCKY CENTRAL RAILWAY COMPANY
and to pay this corpanys proportonate part Of the
propose increased stock OF the NASHVILLE, CHATTA-
NOOGA AND ST LOUIS RAILWAY, and for other
purposes and.
WHEREAS 1t is believed be for the interests Of
the stockholders that capital stock OF company
increased the Of fy1ve million 1855 600 0O0)
dollars such being below the cost OF the road and
branches of the company;
Resolved, That the capital stock Of the LOUISVILLE
AND NASHVILLE RAILROAD COMPANY be- and the
IS hereby, lncrea-ed from the of fortyeGht
million GAS 900 O00) dollars, existing the sum
Of afty-Ave million (s55 900 600 dollars and that the
President and Directors be, and they authorized and
directed 10 steps such additional stock ind
that they be and further authorized in their dlscre
and time to time TO dispose Of such increase
upon such and in such manner they may deem
for the inere T. OK the company and to apply the
proceeds thereof as Indicated in the above preambes such
increased stock however not to be voted upon until
| disposed Of"
Pursuant to the authority given President
and Directors dispose any portion thereof
in their discretion and upon such terms and in such
ner for the interest OF the company
portion such increased stock o the aggregate amount
OF 81 hereby offered to the stockholders at the
price Of go per (Which stock Is participate In
the dividend declared payable Aug L. l80 10 those who
shall h shareholders record the books Of the company
July o. 1891 y. In the proportion OF per cent
| 90 per cent? Of their several holdings.
Stockholders subscribing under the foregoing privilege
shall nav $40 per the date OF subscription receive
inc Temporary receipt OF the company therefor
remaining 500 against delivery Of the certificates Of
stuck ON Aug H. 1891 representing their several sub.
serlpons.
| iptions will be received mt the Office Of the
! company, 100 Broadway, New-York City, mp TO and
Including July -, 1891 at o'clock NJ, after which
time the right to subscri bc will expire.
Notice subscriptions be made and paid for In
London England will De duly announced and published
later.
Receipts for fractional OF stock viii ex.
changed stock upon only when presented
| I'm amounts OF 800, multlpes thereof.
All rights subscribe for such increased stock Will
cease unless each subscription is made above provided
on failure payment In full the time pro-
| yided all rights win be forfeited
Forms Of subscription and all Information in reference
10 the above be obtained at the NewYork Office OF the
| company
| BY order OF the board
lsIgne4 AUGUST BELMONT.
! Chairman.