New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-11-18
financial.
MODIFIED PLAN OF REORGANIZATION
or THE KANSAS CITY. PITTS6URG & GULF n. r. CO..
AND ITS TERMINAL COMPANIES


..,acrs of the Bonds and stocks OF
pc city. Pittsburg & Gulf r. H. Co.
S.n.as City, Suburban beit ~ ~
ha"c ,nsoIidated Terminal X. IL. Co.
Union Terminal n. X. Co.
c,,x A. Independence Air Line
r. Co. and the ,. Co
Eat Arthur Channel and Dock CO.
IL hereby given that pursuant TO The Request ,,r o.
n bo9es view 10 secure the concurrence OF nose
= 30 securities who were represented ., ue h,nun
AT 49, Mr. Ernst Thalmann was CHAIRMAN hhowh
III wnS" york Committee the undersigned have mod-
o. amended the plan OF reorgsn,assia a,s ~ Az
,ses under which majority OF the eonds ,nere
.ed had been deposited ana now pupils. sY ptsb1r9
pin q y Company and for the acquisition by said
company 81 the " copeS OF which with
sd G,srs ara details can be obtained at the oness
i0s deps,S5 the pan provides for the formation OF
Eegsra which viii acquire me prSPe't! Va W..
s Kansas J on5 STOCK o. the Kansas city suburban
- De Company and Its constituent companies and OF
~ & a ArtSur channel Dock Company thus bringing
b. PS1 ~ Under one ownership and menaseTnen, II
intention however to acquire as soon ss "a Re,,
~ ne Sn,Sny ana Channel & Dock Company In place
socks ana ,os,ance wi be included the
~ y me NV 6rst mortgage proposed to be issued
v9lue ,ba Committee eniertains no douot mat ell
Ehs ne s.curtes Included in this plan VIII deposit
sss OF . 80 iosure the Independence and complete
= ne system , AMI d Rc holders Of the securities
~ ies CIV Terminal Companies 10 so deposit.
/, Committee has dei9 osI,es ana railroads at Kansas
sstahs ,ov reached by said suburban Belt line and
10 as - .uoa,iv ne laif less than heretofore
est ne', ~, ne Port Arthur channel and Dock Com
~, 3. Committee has sncn & hor hsraof Vii
ha, Ks Amended Plan 81 Reorganization ana promptly
ps tsre"le oe system including main line and both
tga ~. Ssvbtect however to be reduced In the event
M ne Kansas CITY Termnsl Is no, reeane" 'he ne"
tHa
'spsny W." ers mortgage aftyyear per cent gold
~. to secured upon an az rompanv and temporary
l TtCs now representing the properties OF the
,, civ suburban Belt X n S, az soon S as nosse
~ he Zee q 'sld gr9Pf 9t4 cent, non-accum
go viii he appropriated approximately as
flows
BONDS. 49,. ,n-c ,soo
Bss''s s Conversion Of the existing first mort
bonds e., q 1s Kew 6 bond. fo g. $1,000 Of US
'H ~ s'iis ne conversion Of the existing mortgage
sn. a,,rsn, companies viz 49, 80 Al.
I C. Sub Bet N n II, - a, 100 n q ,... 1000 900
slo Term Co at 100 per cent go coo
lnasP All N t GS; e9G let mss
IT. ~ ~ port Arthur channel & Dock Company o,.no
e be sold .1 f05 S9S n9's''a, 5000 900
70 be reserved Tor inc 'u'ut. $500 800
....,.-.,., ,.s,,. .................ss $50 600 900
PREFERRED STOCK.
- to,a.rs Of present first mortgage bonds
TX C. P & G. r. r. Co.. at $500 for each .,o ooo oon
400 q ssiS 81 T tbs holders Of the present stock
A. K. c. P q Gulf r. R. Co. who may pay
b. sum Of $40 with each share deposited ~
be new COMPANY oi u 'ne '........ 81 400 900
ay the same ~ conversion Of the nrst
,artssge bonds OF the K c. Sub. Belt X X
"a and its constituent companies at the rals
4 sg0 Of said preferred stock for $1,000 OF
gs.sss civ suburban Belt Company. $2ooVV
rnon Terminal r. r. Company ....'s'.'' S % ~
-onsoldsted Terminal X. r. Company 70 ~ ~
kansas CITY 4 Ind. Air Line r. r. CO......'. io'""
dc for acquisition OF the present
snral s,ock az the Kansas City Suburban Belt
2 r Company OF the rate OF one share OF new
s,-,-1SS s S,CJS 1880
,etgsee bonds OF Port Arthur Channel
> p0ck Co al the Of $500 or sald preferreh
eock for each $1,000 81 existing bonds -. SLop
70 De SOC ,Ss r ISz C conpsny ...... 100000
1 1sI,s u VIC Nv observation-disclosures. $50. 800
r,,., ,ss,s .........................s21 900 900
COMMON STOCK
TO those Of the holders OF capital stock of
he X C.. p & @. X. r. Co. who may pay
he sum Of SO with each share deposited by
hem a condition for participation In the
lew Company or 10 the syndicate who may pay 80. 49,.
ne same .S~7'V'VVV
To provide for the acquisition OF the capital
sock u the X. G. Sub. Belt r. r. Co. at
be rate OF s75 for each share OF the present
ofk OF said company ................... 1882 500