New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-12-19

.r,,a.s, ., ~. rate prov,ded in the old Bonds
date matured coupon next preceding January
up date when the new Bonds begin to bear
interest namely January 1899 excepting in respect ~
bonds represented by Certificates OF Depos; stamped EI
Interest due January / 1899" as stated below.
Deposited Bonds carry al! and claims for
in,eres, on registered maturing after jan
uary l. 1899 excepting Il. & o. Southwestern Railway
FIR, Income Mortgage Per Cent. Bonds Series and
g. carry all matured and unpaid coupons
The Syndicate will purchase for cash at their race
such coupons and claims for interest on registered
bonds maturing January 1899 from holders who de-
post bonds under the plan. upon the Certhcates
Of Deposit for such bonds being stamped "Ex Interest
January l. 1890. and the said coupons or claims
registered bonds being respectively de
livered assigned the Syndicate upon its order
Upon the completion Of the reorganization there VIII be
paid upon all deposited bonds mot including how
ever b. & Southwestern Railway First Income Mort
gage Per Cent Bonds Series and b, Interest at the
respective rates provided in the old bonds 10 January
l. 1899 from the coupon date last preceding excepting
in the case Of bonds represented by Certificates OF De
pos stamped az aforesaid lex Interest due January l..
1882
syndicate has been formed to provide the sum OF
s.. 100000 required FOR improvements. cutting down
grades equipment etc. and also the cash required 10
take UP existing trusts, floating debt and other out
standing obligations OF the Company, to purchase new
securities not taken by holders Of certain OF the existing
bonds and also to make advances and perform other
obligations essential for the purposes Of the Plan
contamination Of the Plan is conditional upon the
Baltimore and Ohio Railroad Company ReOrganlze).
approving the and consenting 10 issue Its south
Division First Mortgage 3's per cent Gold Bonds
and Preferred Stock above stated. within
year from the date hereof, or within such further
time as tho Reorganization Managers shall allow. In
the Baltimore and ohio Railroad Company as Re
organlzeD fula the foregoing conditions.
this be abandoned and deposited securities VIII
be returned deposors upon surrender Of the certificates
Il deposit therefor without expense. unless some mod
ncat,on Of the Plan satisfactory the deposrs shall be
proposed In which notice OF such modified Plan
Will be given and depostors will be afforded an oppor-
unity TO their deposited securities in case the
modification OF the Plan Is not acceptable TO them.
THE MERCANTILE TRUST COMPANY or NEW
YORK will act as Depository under the Plan. and
the LONDON AND WESTMINSTER BANK, LIMITED.
will act ms its AGENT for the purpose Of receiving de
pos IN London England. Holders Of bonds and stoc ks
by Plan deposit their securities either
with The Mercantile Trust Company al us Office No. 10
BROADW in city Of New York. or at its
LOTHBJRN. LONDON. England. ana Will receive re-
organization certificates deposit therefor Application
will list such certificates ~ de
post upon the York and London Stock Exchanges
Participation under the Plan Of Reorganization, In
respcc: whatsoever. Is dependent upon the deposit Of
securities above within such time be fixed by
the Managers the Plan will embrace only securities
deposited.
Copies OF the Agreement and Plan OF Reorganization
are ready for distribution and all security holders
are Invited them from the undersigned from
the Depository its London agency. all depostors
are bound thereby without regard to this circular
Any further information connected with the reorganza
ton which may desired by security holders will be
furnished on application the Office Of the under
signed or at office OF the Depository its London
agency.
Dated New York December Il. 1898.