New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-07-05
To the holders of our certificates OF dep"
for Five Per Cent. First Mortgage "oid
Bonds of the
Baltimore Belt Railroad Company
issued under bOndholders agree
dated November LIST, 1SO7t
aRrcen ent


dated November LIST, 1917
Referring 10 our circular dated London. June y 1898
". now beg to notify you that pursuant TO the arrange
ment therein stated The Baltimore and OHIO fairoa'
corpsny has nov elected the option thereby
granted to purchase the deposited oonds al par anu
accrued interest September LIST. 1899
We have obtained from The Baltimore and OHIO ha'-
road Company authority offer such Of the holders
OF our certificates deposit for the above BONDS as S
accept the prior to July 20 1873 10 give III
exchange for their bonds First Mortgage four fer
Cent Fifty-Year Gold Bonds Of The Baltimore ana ohlo
Railroad Company bond bond carrying all coupons
maturing after october !. 1893. the overdue III
terest upon your old bonds being paid In cash. as herein
after more particularly stated Holders OF our cerates
who desire to accept offer Of the Railroad Company
must signify their acceptance in writing on or before
July 20, 1890 ana will thereupon exchange me
original bonds for the Baltimore ana ONO ram odu
Company First Mortgage -Four Per Cent Bonds ana VIII
deliver the same together interest TO be paid in
cash. upon the surrender oil our ceruHoa'e Vi u'i'
therefor.
Unless before the 2oth day OF July lo'S' We
receive from you written acceptance OF this oie
we will carry out the original and will sell your
bonds the Belt Railroad Company al par anu
and will over TO you the amount 50
on surrender Of our certificate Of deposit for your bonas
In case you accept the exchange the holder OF
each certificate for deposited bond VIII De eh'ueu %
receive from and after August l. 1889 one FIRST
Mortgage Four Per Cent FiftyYear Gold Bond Of Inc
Baltimore and Ohio Railroad Company. with coupons at
tached maturing and after October l. 1892 and IN
cash the amount interest said bonds at
nve per UP July l. 1895, with interest at the rate
Of FIVE per cent per said overdue interest IRON
the respective dates maturity OF tie instruments Thereon
I'm 10 August 1892 also the amount Of Interest IN caSh
at four per cent per annum upon said bonds from July
l. 1898 10 April 1899 from which date the new oonds
bear interest with per cent upon the over
due instruments up to August l. 1899
In case YOU do elect exchange your bonds but
elect TO sell the cash. will receive for the
principal thousand dollars in cash. and
YOU will also receive cash the overdue interest on SAID
bond I'd 10 July l. 1895 the rate Of five per cent per
annum together said overdue Interest
at Of five per cent per annum from the re-
spective dates maturity Of the instruments thereof up
10 September 1899 and also in cash interest al the rate
Of four per per upon said bond from July l.
1895 10 September 1899 with interest upon such over
due instruments four cent 10 September J. ls99
The Baltimore Ohio Railroad Company also offers Il
such holders prefer sell their bonds for cash 70 an
tcipate cash payment therefor. and TO make the
same after August l. 1899 interest be
ing adjusted date Of purchase instead OF september
l. 1899 the sixty days notice required would ex-
pire Holders desiring accept such payment In cash
prior to September l. 1899 will please notify accord
| ingly.
We earnestly request prompt reply.
| London, June 30 1899.