The times. [volume] (Richmond, Va.) 1890-1903, 1892-03-20


Securities to be Issued.
-FOUR PER CENT. 35-YEAR
GOLD BONDS. TO BE Sc
CURED BY FIRST MORT
GEGE ON ALL THE PROP
ERTY AND EQUIPMENT
OLA NEW COMPANY. IN
TEREST PAYABLE QUAR-.
TERLY.....................-sl7o,OOO,OOO
FIyEPER CENT. PREFERRED
STOCK NON-CUMULA-
TIvE). VOTE OF MAORI
TYOF PREFERRED STOCK
REQUISITE TO AUTHOR
lZE ANY ADDITIONAL
MORTGAGE ON PROPER
TY COVERED BY FIRST
MORTGAGE. 7oOOO.OOO
COMMON CAPITAL STOCK. 100000
TOTAL. ESQ .0Ol. 900
Holders Of securities Of the RICH
MOND TERMINAL COMPANY, the
RICHMOND AND DANYILLE RAIL
ROAD COMPANY AMI The EAST TEN
NESSEE, VIRGINIA AND GEORGIA
RAILWAY COMPANY and their allied
corporations are invited TO deposit the
same with the CENTRAL TRUST COM
PANY, against its negotiable receipts,
which are TO be listed on the stock EN-
change, and TO become parties TO the
plan.
The method of exchange and OF distri-
button Of Tie new securities is set forth
in detail in the Plan o. Reorganization.
Holders Of Richmond Terminal Preferred
and Common Stock and Richmond Terminal
Five Per Cent. Collateral Trust Bonds are in
vited to subscribe TO the cash fund Of Sli-
$50. $40. which is 10 be applied to meet tho
cash requirements of the plan. upon the fol-
lowing terms:
Each holder Of 100 shares Of said Common
or Preferred Stock. and each holder OF ten
Five Per Cent. Collateral
Trust Bonds is entitled to subscribe for 81 800
of said fund. For each $1,000 Of such cash
subscription the subscriber is 10 receive s.. 900
of the new Fours and s7OO of tho new Pre-
ferred Stock
Holders Of lesser amounts than 100 shares
or ten thousand dollars OF bonds may sub
scribe and become entitled TO new securities
in the same proportion.
Subscribers must sign and deliver to tie
CENTRAL TRUST COMPANY a form Of
acceptance of right 20 subscribe which will
be furnished by tho Trust Company
All subscriptions must be made on or before
the nth day of April. 1892 and at the time Of
making such subscription the holder of tho
bonds or stock on which the subscription is
made must deposit the same with the Central
Trust Company and become party t. tho
Plan of Reorganization. The names OF the
subscribers will be registered by the Central
Trust Company. and the right to the sub
scriber. and shall not follow a sale of the
bond or of the stock or Of the receipts repre-
senting the same. If on the l4th day OK April.
1892 any portion Of said cash fund shall re-
main unsubscribed. the Committee charged
with the execution of this plan will offer o
the registered subscribers the right 10 sub
scribe to the unsubscribed balance Of the said
4. . ~. .tt4.
fix. The right to make such additional sub
scrption must be exercised on or before April
Is, 1892.
The allotment Of subscriptions shall be
made by the Committee at the expiration OF
the period last referred 10. the Committee re.
serving the right to allot from any unsub-
scrbed balance Of said fund an amount less
than the amount Of the additional subscrp-
ton.
Holders Of said Five Per Cent Collateral
Trust Bonds and Of the Preferred aud Com
mon Stock may deposit their securities with
said depository, and become parties 20 the
plan without subscribing to
the sls55s. $40 cash fund, ii they shall elect to
10 50.
A bankers syndicate has been formed
which has guaranteed the entire SUBJ
scriptiOn.
When in the judgment Of the COMMITTEES
sufficient securities have been deposited. to
will announce by advertisement
that the plan has become effective.
Moneys arising from the subscription shall
not be used by the Committee until such an
nouncement shall have been made.
Copies Of the Plan Of Reorganization and
forms Of acceptance and assignment OF right
to subscribe may be obtained at the GIN
TRIAL TRUST COMPANY, 81 Wall street
Deposits Of securities under the plan mus'
be made on or before April IA. lss4. unless
the Committee shall extend the time therefor
Applications will immediately be made 10
list the reorganization certificates Of depo''
on the Stock Exchange
NEW YORK. March IT. 1892.