New-York tribune., 1896-03-30
TO THE HOLDERS OF
Northern Pacific R. R. CompaDy's
General First Mortgage Bonds'
General Second Mortgage Bonds.
General Third Mortgage Bonds
Dividend Certificates,
= Consolidated Mortgage Bonds
Branch Road Bonds,
Collateral Trust Notes.
Preferred Stock,
Common Stock.
Northwest Equipment Stock
Trust company's Receipts for the above described
bonds.

S.v-York Phiadeiphia and Berlin
March 1e. 1895.
p,rr,par, 10 the announcement OF the Comm'.'e'' "
which NJ Edward D. Adams and Mr. Brayton ives re-
49,, -. r,o,rrsn a plan has been prepared FOR an
,~nrprSnrxT REORGANIZATION OF the Northern
Pacific Railroad System basis OF fair rea'me" " ~
classes OF security holders and OF hxed charses ~ w
reo,son,z.d property amount believed 70 Do
,vsu within ~. demonstrated earning capacity i"' P
a h.en n,enared by the Reorganization Comnuee win
our joint approval and cooperation; and IN eon'o''
with an arrangement with the Committees we na's
taken act in carrying n Into erect 49, ,.n
In addition 10 the two Committees above ha'u' ~
..o In. received the approval Of the representatives OK
majority Of each ssue mortgage bonds upon "me"
the reorganization Is based
rb. co,v.rson Of the General First Mortgage poh's
upon the terms forth in the Plan Is recoTmehoe y,
Nes.s J. p Morgan Co. August Belmont " o. anu
u,r.,ov raner Co.. who originally issued those pohds
a. sl os by The German Committee OF Genera frst Mo''
gage Bondnoider1.
a, .,1... ., IN, shov.-descrbed bonds. notes. ana
L arc noaea 70 deposit required by said
plan. .,.,. .. ,.,
Securities no, deposited win not be entitled 10
,icpate in the benefits or the r-orsan'za"on'
Ho,s.r, Of receipts OF Mercantile Trust Company OF
Nev.York for Bonds deposited under the 'x'''hs o'
holders Agreement Of Feb 10. 1894 are invited ~ '
,.ss, possible delay TO signify their approval OF TINS p
nv producing their existing recepn at one OF our Offices !"
,d., ,hs, vs NAV stamp approval thereon Under
IN. terms Of the plan Managers have the right ~hch
Al sny time hereafter in ther discretion they may
o. xriua. from IN. plan any holders Of such receipts VINO
,ha not 10 the Request TO present 'he'r 'p
for stamping expressly asserting 10 the p'an'
rp,s OF the agreement psc Ct reorganization are
nov ready for distribution and all security holders are In
v,e6 10 obtain them al depostors are oounu
,n.r.bv They set forth features which are
Of much importance TO security hoderA
W. b.w.v. that the pronp, contamination Of the plan
, ,.,, % the b~,t interests Of all security holders and
NH mace this vast property sound and conservative
basa
Anv further information with the reorEnnza-
ton whicr may desired by security holders VIII Do
furnished application at any Of our on'ces
,,a., q, ~. ho,as issued by following Companies
a.. -eou.s,ea 20 corunicat. with Mcs-r- J. p Morgan
4 Co. New-York or with The Deu'sche Bank Berlin CIV
rr N. .oun, OF their hodng and stating whether held
IN bonds certificates of deposit;
Central Washington Railroad CompanJ
Co.ur A A.ne " way and Navigation Company.
Duluth and Manitoba Railroad Company
Ofinnesota Divis:on)
Duluth and Manitoba Railroad Company
Dakota Division)
Helena and Red Mountain Railroad Company.
Jane. River Valley Railroad Company.
Northern Pacific and Montana r. X Company.
Northern P,ca. and Manitoba way Company terminal
bonds
ssat,e Lake sho-- and Eastern n. r. Company
Spokane and Paouse Railway Company.
In order 10 deal -auaby with the holders Of these
Branch deenef necessary 20 consider each case
,.parn,eIy and upon Its individual merits
After hearing large proportion of each class OF
these bondhoders Will be token TO arrive nj some
fair basis Of adjustment FOR which General Lien Per
Cent, Bonds and new Preferred Stock Trust Certificates
have reserved under this Plan