New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-06-26
Financial.

tinanrlal.
RICHMOND TERMINAL
REORGANIZATION,
INCLUDING THE FOLLOWING SECURITIES OF
RICHMOND AND DANVlLLE RAIL.
ROAD COMPANY AND SYSTEM,
EAST TENNESSEE, VIRGINIA AND
GEORGIA RAILWAY COMPANY
AND SYSTEM:
VIZ:
Richmond and Danvilie Consolidated IS.
Richmond and McckcGburg First Mort. o's
Charlotte Columbia Augusta 1st Consol. Us.
Atlantic, Tennessee and Ohio Stock.
Chester and Lenor Stock.
First Mortgage rs.
Ckcraw ond Chester Stock
First Mortgage 7's
Columbia and Grecnyihe 1st Mortgage ca.
do. do. I'd MORTGAGE Gs.
Clarksvie & North Carolina 1st Mort. o..
Oxford and GAINESVILLE 1st Mortgage 6's
Spatanburg. Union & Columbia 1st Mort. SIS.
Ashevile and Sparsnburg 1st Mort. 6's.
Northeastern Of Georgia First Mort. rs
Danvic and Western First Mortgage SIS.
Roswell First Mortgage IS.
Macon and Northern First Mortgage 4I's. t'-.
Georgia Pacific First Mortgage Gs.
Co. Consolidated ID Mortgage So.
Income Mortgage SIS.
do. Stock.
East Tennessee, Virginia and Georgia Improvement and
Equipment SIS:
First Extension 5's.
General Mortgage SIS.
Cincinnati Extension SIS.
Memphis ard Charleston
Consol. Mortgage rs. Nos. 1887 TO 100.
Mortgage 6s OF 1884.
Louisville Southern Mortgage SIS.
Mobile ami Birmingham Fist Mortgage So.
East Tennessee. Virginia and Georgia
First Preferred Stock.
Second Preferred Stock.
Common Stock.
Copies q the agreement and pon Of reorganization OF
the described properties ready for di-triDut'
and all security holders invited obtain them fora
the dcpositares Messrs. Dreyel, Morgan Co., OF ron
any member OF the Committee.
All holders OF the above securities notified to o.
post them the office ~ DreXcl, Morgan Co. NO. IS
Wall ST.. New.Yoi receiving therefor their negotiable
receipts at time for Ger
tncac countetsgned BY the Central Trust Company OF
NewYork which company will act the custodian OF all
securities deposited for the purposes OF tho REORGANIZATION
Securitie, deposited with DrcNe Morgan Co. viii!
entitled participate in the benefits Of the rcor-
ganiaaon
In lieu Of per cent in preferred stock to the holders
Of Richmond end DanviIe cent. Consolidated bonds
deposited under the plan the Committee will allow .
per cent In cash completion Of the ieorgani zation
basis OF adjustment has been determined upon In
respect TO Bonds and Stock OF the Georgia
Pacific Railway Company. which. under the plan In its
original FORM had been deferred for future, action and
in connection with said adjustment. and as a part
thereof the provisions Of the plan In respect TO First
and Second Mortgage Bonds OF the Georgia Pacific Rail-
way Company have been altered pursuant " arrangement
with holders Of majority in amount Of said First
and Second Mortgage Bonds.
The complete and modified adjustment proposed for
securities Of the GEORGIA PACIt ~ RAILWAY
COMPANY 10 as follows;
First Mortgage Bonds to receive interest nj 3 per
cent. cash aud per In preferred stock OF the
New Company for five years from Jan. !, 1893. aud
at per In cash thereafter. Their prcsent mort.
gage lien remain andsturbed Except TO interest
abovel. r. In order to carry out this arrange
ment, foreclosure be found necessary, bonds Of
equal lion TO be substituted.
Consolidated Second Mortgage Douds to receive 1913
Der cent in preferred stock Of the New Company,
Income Bonds receive IS cent. In preferred
stock Of the New Company.
stock TO receive so per IL common stock Of the
New Company.
copy Of the plan Q: reorgsnnaton with these add.
lions and changes inserted thefen, has baen fled with
the depositares.
The additions changes subject 70 the right OF
abandonment by the Committee II objected TO- In the
agreement provided.
modified adjustment proposed for bonds Of the Co
lumba Gfeenyle Railroad Company aud for the I'm.
provement and Equ pment bonds OF the East Tennessee
Virginia and Georgia Railway Company. and has
accepted by majority in amount Of each class Of the
bonds mentioned. and Is as follows.
COLUMBIA AND GREENvILLE RAILROAD
COMPANY.
Fl ct Mortgage Bonds receive interest cent
cash and per cent. In preferred stock Of the New
Compan ny fer years from January 1. 1898 and nj
DER cen In cash thereafter. Their present
lien to remain undlstnrbed Except to interest
nbeve). If In order carry ont this arrangement
force osure be found new bonds OF eaun'
lien to be substituted.
second Mortgage Bonds TO receive 123 per cent. in
eferred stock Of the New Company.
EAST TENNESSEE VIRGINIA AND GEORGIA
RAILWAY COMPANY IMPROVEMENT AND
EQUIPMENT BONDS.
Principal Of present bonds TO be reduced to - per
cent. of present amount the principal as reduced 10
benr Interest At per cent. for years from March
1893 aud ut jper ccn thereafter, the present mort
"a f.wc ontps radu