New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-02-12

4 Simultaneous Issue ,rill be made by
Messrs. j. S. MORGAN d CO., London.
Terminal Railroad Association
OF T.LOUlS.
Issue of 100000
50 YEARS 1ST MORTGAGE
AZ GOLD BONDS.
Principal and Interest payable I'm United s'a'es "o"
Coin of the present standard of weight ana nnene''
PRINCIPAL PAYABLE 1sT OCT" 1SSS'
Interest April LIST and October ISL
at the agency ofthc Company in New forN'
COUPON BONDS OF $1,000 EACH'
PAYABLE TO BEARER,
with privilege of Registration OF Principal

20 WALL STf.EET.
NEw.YORK, February H. 1877
we oner for subscription S1,OOO.OOO Of the above
bond, nj 90 /. per and accrued INTEREST," p"'~
10 per cent on allotment md the balance on or
April LIST, 1892, mt the option Of the p"rc""'e'
bond, are now ready for delivery
The Terminal Railroad Association OF 81 LOUIS ",
organized in October 1882 under the auspices OF inc io
lowing important lines of railway:
CIev., Gin, Chicago & ~. Louis Railway Coz
Louisville and Nashville Railroad Company
Missouri Pacific RAILWAY Company,
Ohio and Mississippi Railway Company
~. Louis, Iron Mountain N soufh IL "hy Wv
Wabash Railroad Company,
and had for its object purchase Of existing and tuh
Ing OF additional terminal facilities In the city Oh 81 Ao"
and in East ST. for the trahc Of the sDoVeuac"
SIX proprietary Companies and the exchange OF ou''
between them as we'll such other railway pes as nlshs'
from time to time be admitted to the use OF the faces
in whole in part 49,,
A. the present date there arc eighteen lines using the
Union Passenger Station owned by the Association.
From letter the President Of the Association to'
which copy may be at oHce. T. sppsrs that the
f. the absolute owner Of II SLIGO acres cf lana
in tho mos. central business portion OF St. LOUIS ana
through IT, ownership OF all the Cspai Stock ~ the
Railway and Transit Company OF Illinois, ana Iern'nsi
Railroad Company Of East Louis. is also practically the
owner of ~ 1O0 Of land in East ST. Louis all Oh
which are free OF incunbrance tho mortgage secu
ing the bends mentioned These extensive proper
ties embrace fifty miles OF yard and storage tracks also
extensive buildings warehouses. nschine-shops etc Inc
Association is now passenger station IN 81
Louis which estimated to cost slooo9oV exclusive OF
land for wi sch about ~ 900 additional has already been
paid and WILL with its appurtenances, cover heen acres
OF the above described and contains tbrtyt~o parallel
tracks under roof
rhcse properties having been gradually purchased and
,mrroycd ever since the opening Of the ST. Louis Bridge
Tor traffic in 1874 have vastly increased in vplnc and are
believed represent this date in Real Estate alone
sum largely OF the mortgage debt OF the Asso-
citation In adGton this. the bonds have the further
exceptional security OF the agreements Win te pro-
pr!c,ary Companies : set forth } low.
The IS also the lessee, by assignment OF
the 1T. Louis Bridge Company and Tunnel Railroad OF ST.
louis. crossing Mississippi River and connecting the
Companys property IN ST. Louis with thst ot La'' o''
Louis.
The Association Il controlled and six-sevenths OF us
outstanding stock l. owned by tic six Companies above
named emahIng oneseVenth being reserved for me
benefit such other lsrcad as may be admitted lhs
division IS in pursuance OF contracts dated October 1st
1850 by ono OF which the Companies above named
to forever the Bridge and all the property OF this
Company all the freight and passenger business con-
troCd by them centtng I'm St Louis and agree TO pay
tolls at rates fNed from time to time and intended
under ordinary circumstances 70 be sufficient TO PROVIDE
IN, interest on these bonds addition 20 taxes rentals
and charges and that IT, owing to compettion The
rates should be reduced and for this or other
temporary unforeseen circumstances earnings
line proportion, % the extent OF one
seventh Of al 900 900, to make up any deficiency
bonds offered issued by the Association TO
pay the various properties acquired by h,m and TO de
fray the cost of improvements thereon They
are first mortgage to the Central Trust Com.
yany O, all the property OF the Association.
through pledge Of all the stock OF tho Union halfway
Company Of Illinois, and the Terminal Railroad
Company Of Fast st. Louis upon the above-descrtcd
property East Louis and likewise the lcasehod
int Of ne
sssippl River and the Tunnel RllIrosd OF 81. Louis
\ COPY Of the Mortgage may be seen at our Office.
THE SUBSCRIPTION BOOKS WILL BE OPENED
AT 10 \. NJ on FRIDAY. FEBRUARY 18TH. 1892.
AND CLOSED AT p. NJ on tt ESDAY, FEBRUARY
10TH, OR EARLIER on NOTIFICATION FROM LON
DON. AND ALLOTMENTS WILL BE MADE AS
PROMPTLY AS POSSIBLE THEREAFTER.
The right Is reserved 70 subscriptions or &c
alo, less than the amount subscribed for
default Of payment in full by purchasers, the aotnen,
and any payments Will be liable to forfeiture
DREXEL, MORGAN Il co.