The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-02-05

IKI1IGKNCETs TUESDAY
couiuany. Its iuteresk Chliga11ons. M
ciudinx 4ts tzyoHuk n - Outstsxnaang
bonds ND to aald 4nc1udmg December I
1856. taxes. cumming <xuenDeo and NTH
contfurt. win sequire II round uumnsrs
S170,0o
.srhe followers plan = proposed:
TO ofEer TO the certificate holders Tor
subscrap<icn $s7o, 200 ok Tire present drse
mortgage bonds OF t1he company - pr
with = bonus Of % pr cent. Of the par
value Of the bonds IN trustee certmcaees
Of Stock OF ne company.
This shock WIN be obtained In one OF
two ways-ett1er In settling with Mr..
Henry Hewitt. r.. by cancelhn9 his
obiiea lions and taking Into sa1e treasury
the STOCK held AZ collateral thereto. or
by increasing the capital stock or the
company. Al condition OF these sub
scriptions. re pEcpose that with the
assent OF the present hcud1oaders. the
following manifestations Of the drst
mortgage Of che company should Be
made:
'.Farst-Thak the interest on the bends
accrnins ON ara afree- Decexnber 1. 1891
shah he reducetI Il, & per cent. Per an
nurn. pavabIe seni- annualIy.
..SecDpd-That he rrNnent bondhoad-
.ru - -. rs,-,,~.s,, .s,a11 rr.,xra fhesr
yscs,< 70 x,r.var,t The t.e,,e Of f,,rf,sr
bonds nm IN The frwaI ,srue Of 81 500 600.
NV cs,vss,e<, -, 49,. t,r.f ,poyspacp f,,rs
La v-,,,x tha cr.rcr.,,,v rsfb. hns,ds An fts
frxsxarv =, tl,sa .sr.r,,,x az ssso ono. to.he
used a. occas,on NAV Aouire for the
necess,sse~ g ~. <so,rrany
.~Ty,irx1 -,1,bat ,.,a tr,,.t ro,vr,,s,raA
sha,l e;thSr -. Z ,,r,vsar..i or -. -r,<,ux.ra
-, c,rfara3 - ass;rs, a. $, r,arr,,it
xrs,sl a =, ig.,,r = 49,. cr,,,,r.ay,y q ,,@,s
:, a.afa,,st - s,,ts,st $500. -
fair and enustahas die rsh,,sios, ~ ali
the eonnanv.s receipts between fhs
stn,xsnx fund ana the con,oa nv stself. So
:. ~ en-, ~, !. :. v..,,,..,,, 60 -. -,
bussness.
.-rhe de1af,s - ts,ase r.r,vt~xons NIL,
have to be arranged bv negot5aff,n. II
the trust COMMITTEES Is not abroaate,l
then a una,torstv 81 th.. s,,hse.rit,ers ~, .ta
ss7o. 900 OF bonds now offered. shall have
at least one REPRESENTATIVE ON said COM
mittee. 10 be selected by !. naioritv az
such subscrghavs An ~ 49,. -,,.v5ss,,r.-
fions of rs,e mortgage to be included In
| a supplemental mortgage or Instrument
| TO be drawn by the counsel OF the COM
| pany.
"The subscr..s,llons Of the ss7, o,o Of
| bonds to be offered at par shall be nav
| able as follows:
| Twenty-Five per cent. in ash ne, conn
| pletion OF the ARRANGEMENTS as above
| outlined, and Is per cent. eysry thirty
| days thereafter until the entire sinh
| scription Is paid. when bonds and stock
| bonus will be delivered.
I, 1T is understood chat the money r~-
| ceived from the subscriptions ON these
| bonds shall be placed in a speciai fund
to the credit OF the undersigned commit
tee and advanced by that c,rnroattes. 10
the company for ira fol,ou-sng sr,a,.,f,o
| purposes:
'tFlrst-To retire the conpany,s noat.
/ ing infiehtaslneea
s.Seeond-,ro nav ~. srt..... -, a.
coupons alraafgx ~. t,sv,s,,
..Third-To nav ito saxee ana ns.,a~-
sarv r,,nnsnr erna,,..a. -. y, ,,sso. .oaS
..Fo;,fsh-To carry o,t The !,
OF the Rucker ga wnosll IN tta 49,,
| ,ar.,,s n,-~,s,,>
.Fffth-The balance y,nra,,o
yidsnr for tha soyass,i,s,. - - sast :.
the treasured ~ sba c,,nnna -, p. - :, =
usea for racssz.r,. 9,e,.v,s,,.a - r,,.,s.. !.
,rhs f,,,,.-fh 81, no, - ~,
agreement nrnv;,5as tna- ~ ~,,hss.-.s.s
tior, a. f,,r,ha.- rssr,ss,..~.-s - -. s -
u,f.tee ~ t-,,stss - 49,
inc aa,,a 10 ,,as.rt,,, * -, .s~...... -
iss,rer,, ~, a.. s.,,,e..,,sss, 90 ?. a.,
| honas nov of,.,s.s s,sts 49, s =.
h,Iaar. - 49, - '.a1 -
800 ho,a, - a. 's, -Hs-- - =. 'lAs !.
tng sar ,nsssa,s,s posia,
,,,ss,.s,aus ~ 49, 80. ~ .hc prSssn'