New-York tribune., 1896-04-03
TO THE HOLDERS OF
Northern Pacific R. R. Company'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 deser'Oeo
bonds.
ana

NevYork Philadelphia and Berlin
March 1e. 1890.
Pursuant TO the announcement Of the Comm'ttees Oh
which Mr. Edward D. Adams and Mr. Brayton ives re-
,,r.,y a.. Cb,irm.n plan has been prepared for an
INDEPENDENT REORGANIZATION OF the Nortnern
Pacific Railroad System on basis OF fair trea'me" " M
classes of security holders. and OF h1en cn"!s w -
property reduced to an amount oee'eu u ~
.u within its demonstrated earning capacity. ihs p"
has been prepared by the Reorganization Comm"es WV"
az, ,nt spproyal and cooperation; and In conforV
with an arrangement with the Committees we "A'' ''e
taken 10 act In carrying II into effect
IN sda,,oo 10 IN. two Committees above named the plan
also has received approval OF the representatives OF
OF each issue Of the mortgage bonds upon ~nen
the reorganization Is based
The conversion Of the General First Mortgage oonds
,on IN. terms So. forth Plan is recommended oy
Messrs j. p Morgan Co. August Belmont q Co., ana
Wnsow Innier Co. who originally Issued 'hose oo'S
as we'll as b, the German Committee OF General fr'' MOTT
gage Bondholders
An holders OF tn above-desoribed BONDS no'es anu
stocks rotined TO deposit the same as reaueu " N
plan. .,, >, mar
securte. no, deposited will not be entitled 70 par
,,c,pa,e IN the benefit, Of the reorganization.
,s.r, q, receipts OF the Mercantile Trust Company Of
Ssv-York for Bonds deposited under the existing bond
A,.,. Ag,..rent OF Feb TO- 1894 invited. with the
least possible delay signify their approval OF TINS pan
BY producing their existing receipts at one OF our onces IN
order that stamp such approval thereon ohue'
n, nv time hereafter their discretion they may exercise
70 exclude the plan any holders OF snch receips VINO
,ha not the request 10 present their feceps
,or stamping as expressly asserting to the pian'
copes Of the and poo Of reorganization are
now ready for distribution all security holders are In
vi,-d to obtain them from u.s. as all deposors are oouha
thereby. They forth In detail many features "en a
Of much Importance to security holders
W, believe that prompt consummation OF the plan
will r.t 20 the OF all security holders ana
will place this property sound and conservative
basia
ton vhcn may desired by security holders VIII DO
furnished on application at any OF our onices
Holders Of bonds issued by the following Companies
sc requested TO communicate with Mcssrs j. T. morgan
q CO. Nsw-York with the D.utsche BANK Berlin CIV
ing of their holdings. and stating whehcr nea
in bonds or certificates Of deposit:
Central Washington Railroad Company.
Coeur dAiene r. way and Navigation Company.
Duluth and Manitoba Railroad Company
minnesota Dvision.)
Duluth and Manitoba Railroad Company
'>''1'" Dakota Dvision.)
Helena md Red Mountain Railroad Company
lame. River Valley Railroad Company.
Northern Pacific and Montana r. r. Company.
Northern Pacific and Manitoba Rway Company terminal
bonds.
SEATTLE Lake Shore and Eastern r. r. Company.
Spokane and Paiouse Railway Company.
In order 10 deal equaby with the holders Of these
rranch Bonds It Is deemed necessary consider each case
s.paratey and upon Its own individual merits
After hearing from large proportion OF each class OF
these bon1hode steps will be token to arrive at some
fair basis OF adjustment for which General Lien Per
Cent Bonds Preferred Stock Trust Certificates
have been reserved under this Plan