New-York tribune., 1899-07-10
Baltimore Belt Railroad Company
issued under bondhO Olders'
dated November LIST, 1SO7i



Referring circular dated London June 2s 1893
beg notify you that pursuant to the arrange
therein stated. The Baltimore and Ohio Railroad
Company elected exercise the option thereby
granted to purchase the deposited bonds at par and
accrued interest September list. 1899.
We have obtained from The Baltimore and Ohio Rail-
road Company authority offer to such OF the holders
certificates Of deposit for the above bonds as shan
accept same prior July %. 1899 to give in
exchange their bonds First Mortgage -Four Per
F1r,y-Year Bonds OF The Baltimore and Ohio
Railroad Company bond for bond. carrying all coupons
maturing and after october /. 1899 the overdue IN
upon your old bonds being paid In cash. ss herein
particularly stated Holders OF our certificates
accept this offer Of the Railroad Company
signify their acceptance In writing on or before
JULY 20, 1899. and will hereupon exchange the
original bonds FOR the Baltimore and Ohio Railroad
Company First Mortgage Four Per Cent Bonds and VIII
same together with the interest to be paid In
cash. the surrender Of our certificate OF depos"
therefor
Unless on or before the 10Th day OF July. 1899 we
shall receive you written acceptance Of this oner
will the original agreement and Will sell your
bonds Of the Baltimore Belt Railroad Company at par ana
Interest will pay you the amount so received
surrender Of certificate OF deposit for your bonds
In case you accept offer exchange. the holder OF
certificate for deposited bond Will be entitled TO
receive from US after August 1899. one First
Mortgage Four Per Cent Eifty-Year Gold Bond OF The
Baltimore and Railroad Company. with coupons at
tached maturing and after october l. 1893. ard In
cash the amount overdue upon said bonds at
five per cent up July l. 1895 with interest at the rate
OF FIVE per cent per said overdue interest from
the respective OF maturity ot tte nstsments THEREOF
I'd 10 August 1899; also the amount Of Interest In cash
at four per per said bonds from July
l. 1898 to April /. 1899 from which date the new bonds
bear interest interest at per cent upon the over
due instamsnts up to August !, 1899
In case you 90 elect TO exchange your bonds but
elect TO sell the for cash. will receive for the
principal Of bond thousand dollars In cash and
YOU will also receive cash the overdue interest on said
bond UP TO July 1898 at the rate Of I've per cent per
snnu together with interest said overdue Interest
at the rate five per cent per ennum from the re-
spective dates maturity OF the nstamens thereof up
70 sepembe ls99 and also In cash interest at the rate
Of four per per upon said bond from July
1895 TO September 1892 with interest upon such over
due nstaments four per cent TO september /. lsV
The Baltimore and Ohio Railroad Company also offers TO
such holders prefer sell their bonds for cash to an
tcipats the cash payment therefor. and to make the
same AZ any time after August 1899 interest be
ing adjusted OF purchase Instead Of September
l. 1889 when sixty days notice required would ex-
pire Holders desiring accept such payment In cash
prior 70 September 1892 will please notify accord
ngy.
We earnestly request prompt reply.
Iondon. 1893.