New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-12-18

.,,, ., tho rate provlded In the old Bonds from the
date Of matured coupon next preceding January
1899 up the date when the new Bonds begin TO Dear
interest namely January 1892 excepting IN respect OK
bonds by Certificates OF Deposit stamped Ex
Interest due January 1. 1909" as stated below
Deposited all coupons and claims Tor
interest on registered bonds maturing on or after Jan
uary l. 1899 excepting II. O. Southwestern Railway
First Income Mortgage Per Cert. Bonds. Series and
b. which carry all matured and unpaid coupons.
The Syndicate will purchase for cash at their race
such and claims for interest on registered
bonds maturing January 1899. from holders who de-
post their bonds the pan the Certificates
OF Deposit such bonds being stamped Eek Interest
due January $780, and the said coupons or claims
for nteres, registered bonds being respectively de-
vered or assigned the Syndicate or upon its order
Upon the completion Of the reorganization there VIII De
paid In cash upon all deposited bonds mot Including now
ever b. O. Southwestern Railway First Income mort
gage Per Cent Bonds Series and b. interest al the
respective rates provided in the old bonds UP to January
l. 1880 the date last preceding excepting
In the case represented by Certificates OF De
posit stamped aforesaid Ex Interest due January l.
1859"
A syndicate has been formed provide the sum OF
s. 500 900 required for improvements. cutting down
grades equipment etc. and also the cash required to
take up existing trusts floating debt and other out
standing obligations OF the Company, to purchase new
securities not by holders Of certain Of the existing
bonds and also make advances and perform other
obligations essential for the purposes Of the Plan
The corsummaton OF the Plan is conditional upon the
Baltimore and Ohio Railroad Company las Reorganized)'
approving the and consenting to Issue Its South
western Division Mortgage 35 per cent Gold bonds
and Preferred and Common Stock above stated within
one year from date hereof within such further
time ms tho Reorganization Managers shall allow In
case the Baltimore and Ohio Railroad Company las Re
organize fail to fulfill the foregoing conditions
this Plan will abandoned and depted securities VIII
deposors surrender OF the cerhcaeS
Of deposit therefor without expense. unless some mod-
ncaon Of the Plan satisfactory the deposors shall be
,tcbo ftan Dtlc OF
Will b. given and depysitors Will be afforded oppor-
tuny to withdraw their deposited securities In case the
modification OF the Plan is not acceptable to them
THE MERCANTILE TRUST COMPANY OF NEW
YORK will act as DepOsitary under the Plan and
the LONDON AND WESTMINSTER BANK LIMITED,
will act az Its AGENT for the purpose Of receiving de-
posIts IN London England Holders OF bonds and stocks
affected by the deposi, their securities either
with The Mercantile Trust Company at Its ONCE. NO. Izo
RROADWAY, In the City Of New York. or at its
agency the London and Westminster Bank. Limited IL
IOTHDVRY, LONDON. England. and Will receive re-
organization certificates deposit therefor Application
wifi be made In 10 list such certificates OF de-
post upon the New York and London Stock Exchanges
Participation under the Plan OF Reorganization IN any
respec. whatsoever IL dependent upon the oepost o'
securities as above such time az may be hxed by
the Managers the Plan Will embrace only securities
CnIes OF the Agreement and Plan Of Reorganization
-s now ready for distribution and all security holders
80 ,,v,,sd 70 obtain them the undersigned. or from
the Depository London agency. az all depostors
are bound thereby. without regard to this circular
Any further information connected win 'he re0'samA
,,on which may b. desired by security holders VIII DC
furnished on application the Office of any OF the under
,s ~ a, the office OF Depositary or It's London
agency . o.
dated New York. December IL. 1885,
Speyer & Co.,
30 Broad Street. New York.
Kuhn, Loeb 4 Co,
n Pine Street. New York.
Speyer Brothers,
Iothbury London.
decentralization Managers
SEWARD GUTHRIE STEELE
EyARTs CuoAT1 q pEAMAN.
NV Xofx