The age-herald., 1900-11-06
STREET RAILWAYS
 CONSOLIDATION Details of the Great Plan Are
 Recorded TERMS AND CONDITIONS Capital Stock is $l,5oo,ooo and Bonds $3,5oo,ooo-Non-Jury and Non- Capital Felony Casee
 in Court
TERMS AND CONDITIONS

Birmingham Traction Company and the Birmingham Powderly and Bessemer Rail-
 way Company, was filed yesterday in the
 Probate Court.
 By this agreement the three companies
 agree to unite and consolidate under the
 name of the Birmingham Railway, Light
 and Power Company. The consolidated company is to have a capital stock of $1, 5O0,0 900, divided into 15,O0O shares, and it is to issue bonds to the amount of $3500,-
 900 of the denomination of $10O0 each, to
 run not exceeding fifty years and to bear
 interest at per cent; the bonds to be
 payable in gold and to be a first lien on all property of the company now owned
 or hereafter acquired Of the stock of the consolidated company 10000 shares shall be held in the treasury
 for further use; 5000 shares shall be deliv-
 cred to the stockholders of the Birming- ham Traction Company and 800 bonds shall be delivered to the bondholders of said company; 100 bonds shall be delivered to
 the bondholders of the Birmingham, Pow derly and Bessemer Railway Company and
 the outstanding bonds of the last named
 two companies are to be delivered to the consolidated company and cancelled |. The remaining bonds of the consolidated company are to be left in it's treasury for the purpose of acquiring other property, or making further consultations with oth-
 CT companies.
 The entire stock of the Birmingham Traction Company and the Birmingham, Powderly and Bessemer Railway Company is to be delivered to the consolidated com pany and cancelled. The agreement is signed on behalf of the Birmingham Railway, Light and Power Company by Robert Jamison, president; the Birmingham Traction Company by A M. Shook, president, and the Birmingham, Powderly and Bessemer Railway Company by William A. Walker, president. The seal of the company is attached and the signatures attested by the secretaries An agreement by which the Birmingham Railway, Light and Power Company ab-
 sorbed the Birmingham Railway and Elec- tric Company was also filed. The bonds of the Birmingham Railway
 and Electric Company amounting to $1,250,- | 900, will be retired. The holders of the preferred stock of this
 company will be paid For each share of
 
 be paid, and each share Of common stock will receive two shares of the new stock. The Old Colony Trust Company of Bos- ton is trustee of the new mortgage, and $1, ,25O, ,OOO will be deposited with them for the purpose of retiring the present out
 standing bonds of the Birmingham Railway l and Electric Company. Circuit Court. This week in the Circuit Court is non- jury week. Court today will be held in the second division of the City Court, as the Circuit Court room will contain one of the election booths.
 The bar dockets for December are print ed and ready for distribution. Yesterday in the case of J. D. Cameron Sons Company vs. the Globe Dry Kiln Company a judgment by consent was rem dered for $304 .94.
 A verdict for defendant was rendered in the case of Guy Cooper vs. the Warner Smiley Company. This was a suit on an attachment bond, a horse having been at- tached for feed.
 The case of Irene Blue vs. P. J. Duffy suit for the value of some lost laundry, Is on trial.
 Criminal Court The non-capital felony docket was taken up in the Criminal Court yesterday. Amos Dawson was found guilty of burglary and grand larceny.
 James E. McGrath plead guilty of for gery in the third degree in nine cases. He was sentenced to three months in each case.
 Bar Association. The annual meeting of the Birmingham Bar Association was held yesterday morn- ing at 10 o'clock. Reports of committees were read and the following officers elected for the ensuing year: John London, president; J. J. Garrett,
 vice president; L. J. Haley, secretary and treasurer; Thomas R. Lee librarian; John
 Tillman, c. R. Harsh and s. D. Weakly, executive committee.
 court News.
 Everything was quiet about the court
 house yesterday. Even crime is dull, no
 prisoners having been brought to jail for
 two days.
 Petitions in bankruptcy were filed yes-
 teerday by Damon Nixon, Will Ely, R. J. Comelin, W. J. Lowe and Jim Walter Em-
 merson.
 Marriage licenses were issued yesterday
 to Henry Robert Eaton and Mrs Nancy fIx; Herbert l.. Wood and Alice Martha Nixon; B. P. Whitehead and Alice Lee Willougl 1,; William Harris and Gabrella Holsenbake.
 Neither branch of the City Court will be
 In session today on account of the cleo ton.
 To hear the election returns
 tonight, attend the State Fair.
 They will be announced there every ten minutes by mega
 phone and stereoptlcon on