New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-06-13
THE WHEELING AND LAKE ERIE
RAILWAY COMPANY.
REORGANIZATION.
REORGANIZATION.

10 the Holders Bonds and stock Of The Wheeling and
Lake Erie Railway Company. and to the Holders OF
Certificates Of Deposit representing the same:
The Plan Reorganization provides for the foreclosure
Ard sale OF the property Of The Wheeling and Lake Erie
Railway Company under the Consolidated Mortgage dated
July T. 1892 the conveyance thereof TO new COM
pany
The three Divisional First Mortgages made by said
Wheeling and Lake Erie Railway Company. viz. the
First Mortgage dake Erie Divsonl dated July l. 1885,
the First Mortgage wheeling Division dated April
1888 and the Extension and Improvement First Mortgage
dated December 20 1889 will be left undisturbed
both principal and interest unless refunded by
with the Bondhoders provided by the Plan
Holders OF The Mercantile Trust companys Certificates
o: Deposit representing Consolidated Per Mortgage
Bonds Of The Wheeling and Lake Erie Railway Company
will receive. completion OF the reorganization and
surrender OF such certificates. shares OF First Pre-
ferred Non-cumuiatlve Per Cent. Stock Of the
Company 10 amount equal a. 10 the par value OF
tho bonds represented said certificates respectively and
also to amount equal to the interest such bonds at
per cent annum from January l. 1907. to July
1905
Holders Of Consolidated Mortgage Bonds and coupons
Who have not yet deposited the under the Bond
holders Agreement OF January Is 1897, invited
assent and become parties to said Agreement and to the
Plan OF Reorganization. by depositing said bonds and
coupons before the day July. 1893.
said Mercantile Trust Company which Will issue its
negotiable certificates of deposit therefor Bonds
deposited before said date will have right
interest under said Plan. and will be wholly excluded
therefrom unless admitted to participate therein
payment Of such penalty the Committee Its discre
ton may impose.
Holders OF certificates Of deposit issued by the Central
Trust Company OF New York for Preferred Common
Stock OF The Wheeling and Lake Erie Railway Company
deposited under the Stockholders Agreement dated
TENDER IL. 1897 who shall made the cash payment
81 share heretofore called for by the Stockholders
Committee become parties to said Plan doing
the acts I'd making the payments required by the Plan
and by this notice: and each Certificate Holder doing
for each share OF Preferred Stock repre-
scented by such certificate Of the sum Of Si2 and
render of such certificates will receive SIP par value
Second Preferred Stock OF tho Company; and upon
payment each share Of Stock represented
such certificates OF So and surrender
certificates will receive 81 par value in Second Preferred
Stock.
The payments OF sl2 and 50 respectively inclusive
OF the s payment OF 81 per share made to be made
pursuant TO the call Of the Stockholders Committee
Holders OF Trust Company's certificates OF de
post for stock OF either class which the payment OF
81 per made heretofore required by the
Stockholders Committee. desiring to become parties to
the Plan. present their certificates to the Central
Trust Company Of New York. 10 be stamped as asserting
10 the Plan In such shall be required by
Reorganization Committee, before the 18th day Of
July 1905 certificates represent
ing Preferred pay said Central Trust Com
pany to the order Of the Reorganization Committee the
further sum Of u SHARE and holders Of Certificates Of