New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-07-11
financial,
OFFICE OF THE
Louisville and Nashville Railroad Co.,
Equitable Building, No. 100 Broadwny.
NETWORK, July 0, 1891.
TO the Stockholders Of ne
LOUISVILLE AND NASHVILLE RAILROAD COM


PANY,
A, ,ho rocting o; the stockholders OF this company
ho,d =, rouisylle XIV. on July g. 1891, at when
36sA16 shares voted, the stock OF TINS COMPANY
was Increased by the amount Of s7.OOoooo' III az
cordance with the following resolution: -
WHEREAS, The charter Of the LOUISVILLE AMI
NASHVILLE RAILROAD COMPANY and the oHeac-
ments thereto authorize this company to Increase Jus
canita stock 70 sufficient TO represent the tu
cost OF IT. road and branches and
WHEREAS. Such capital stock is now Iory'e'sh'
million (sis 600 600 dollars and,
"WHEREAs. 1t Is necessary to raise money TO pay
for the railroad other properly rights and franchises
~ the KENTUCKY CENTRAL RAILWAY COMPANY
and to pay for this comp'nys proportionae part OF e'
proposed increased stock OF the NASHVILLE ohAliN
NOOGA AND ST. LOUIS RAILWAY, and tor other
purposes and ,-..... -,
the stockho ders the capital stock OF the company
no increased to the sum fifty five million (Soo"oooOV
dollars such being below the cost OF inc r"ad anu
bran hes Of the company; -
'Rssolved That the capital stock Of the LoOlSNiLLh
AND NASHVILLE RAILROAD COMPANY be- ana the
same Is hereby ncreae ed from the sum OF forty-eleht
,on ,.,e ooo mn, dollars as existing 10 the sum
~ ayhye million 900 O000O0l dollars, ana that inc
President and Directors be- and they are authorized anu
directed to steps to Issue such addJloh sooN u
h, ,hov bo and are further authorized in their dscrc
ton and from time time, 10 dispose Of such increase
upon such terms and in such manner a they may de'
host for the interest, the company. and to apply the
proceeds thereof as indicated in the above preamb such
increased stock however not TO be voted upon until so
disposed Of" -.
pursuant to the authority therein given to the President
and DIRECTOR TO dispose portion thereof
In their discretion and upon such terms ana IN such %
ner as they NAV best for the interest OF the company!
norton OF such increased stock 10 the aggregate amount
NJ A. 800 900 is hereby offered to the stochour ~ e
nrce Of $40 per share (Which stock is not to participate IN
the dividend declared payable Aug l. 1o9D, to those VINO
ba N, shareholders record the books or the company
July Of 1891 at D. in the proportion OF ten per cent
no nor rent Of their several holdings.
stockholders subscribing under the FOREGOING privilege
hu rv aO per share on the date Of subscription receV
inc temporary receipt OF the company therefor and thc
remaining $50 against the delivery OF the certificates Of
stock on Aug H. 1901 representing their several SUBJ
scrrtlons. -
subscriptions will he received Mt rho Office Of the
comnonv. 40 broadway, New York City, up TO and
Including July -, sol, o'cloc p W. after which
time the right to subscribe will expire.
tco where subscriptions be made and paid for In
London England will be duly announced ana puDHSheu
later. -, .
Hecepts for fractional amounts OF stock VIII DC OK.
changed for stock upon final payment ONLY when presented
in amounts Of 800. multiplas thereof.
All rights 10 subscribe for such increased stock VIII
cease unless each subscription Is made rs above provided
On failure to mako payment full within tho time pro
vded all rights will be forfeited
Forms Of subscription and all information in reference
company.
BY order Of the board -
Chairman.