New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-19

Now.york Philadelphia and Berlin
March &c. 1900
,oo-,srt ~ the Committees. OF
which Mr. Edward D. Adams and Mr. bray'oh i.s' ~
.,,.o,v ore c,hairmen plan has been prepared for III
rvDrprNDENT REORGANIZATION OK Inc '>or'"e'"
Pacific Railroad System basis OF fair "ea''''' "
clo sses Of security holders and OF hSed ch"s'' ~ w
coreanzed property amount believed 10 De
we'll within its demonstrated earning capacy' In" P
bo hoer prepared by Reorganization COMMITTEE WI"
our Joint approval and cooperation; ard IN
with an arrangement with the Committees we nave "
taken TO act In carrying II into effect
In addition 10 Committees above nameo' ue pm"
so has received the approval OF the representatives OF
majority Of OF the mortgage bonds upon "c
the reorganization is based.
TIL. conversion OF the General First Mortgage bonds
non the terms the Plan Is recommended py
Mes.rs J. p Morgan Co.. August Belmont Co., ana
wnsiow Lanier Co.. who originally issued those oonds
az we'll as By the German Committee Of General First Mort
gage Bondholders
All holders OF tn, above-descrbed bonds. notes. ana
stocks are notified deposit the as required by said
plan.
Securities not so deposited will not be entitled 70 par
ticipate In the benefits Of the reorganization.
Holders ~ receipts Of the Mercantile Trust Company OF
Nev-York for Bonds deposited under the existing BOND
holders Agreement Feb 49, 1894 are Invited with the
least possible delay signify their approval Of this plan
by producing existing receipts at one Of our oces IN
order that may such approval thereon Under
the Of the PLAN the Managers have the right which
at any time hereafter their discretion they may exercise
the plan holders OF such receipts VINO
shall not conform the present their receipts
FOR stamping. a expressly asserting TO the plan.
Copies Of the agreement plan Of reorganization are
now ready for distribution all security holders in
vited TO obtain them us all depositors bound
thereby They detail many features which are
Of much importanc, TO security holders.
We becv. tina, the prompt contamination Of the plan
will result to the security holders and
will place property a sound and conservative
basis.
Any Information connected with the reorganiza
ton which may desired by security holders. will BE-
furnished on application any Of offices.
Holders Of the issued by the following Companies
are requested TO communicate with Messrs j. p Morgan
& Coz New-York. or with the Deutsche Bank Berlin. CIV
ing their holdings and stating whether held
In bonds certificates Of deposit
Central Washington Railroad Company
i Aiene Il way and Navigation Company.
Duluth and Manitoba Railroad Company
minnesota Dvision.)
Duluth and Manitoba Railroad Company
Dakota Division)
Helena and Red Mountain Railroad Company.
James River VALLEY Railroad Company.
Northern Pacific and Montana r. II. Company.
Northern Pacific and Manitoba way Company terminal
bonds
Seattle. Lake Shore and Eastern II. r. Company.
Spokane and Paouse Railway Company.
In order deal equtaby with the holders OF these
Branch Bonds It is deemed necessary case
separntely and upon its individual merits
After hearing from large proportion each class OF
these bonihoiers steps wall be taken at some
fair basis Of adjustment for which General Lien Per
Bonds and Preferred Trust Certificates
have been reserved under this Plan