New-York tribune., 1901-05-19
financial.
Chicago, Burlington & Quincy
Railroad Company.
Sears Building. Boston. May /, 1901.

Sears Building, Boston. May l. 1901
To the Stockholders:
O, AT meeting Of the Board Directors held on April
~ 1sol formal proposition addressed to the under
siseo as representing Stockholders was laid before
souf directors in which the Great Northern Railway
company and the Northern Pacific Railway Company
onered 10 purchase al or part. not less than
e"o-Ihros, OF the shares of the Capital of
company copy OF such proposition has been lodged
with each of the depostares named
euars setting forth the conditions
mailed to all stockholders of record.
Tie offer is to purchase Of July l. 1901
and to pay therefor at the rate of $500 bonds
which are to be the join, obligation the Northern
Pacific Railway Company and of the
way Company: but the proposition
provide cash instead OF Bonds for of the purchase
price.
The Bonds interest at the rate Of -Four per
cent t4so annum from July L. 1901.
July l. 1921 but to be redeemable the option
two Northern Companies per and accrued in
terest on July 1. 1906 day thereafter
The bonds are to be secured by pledge
acquired. with Trust Company Trustee Deed
OF Trust defining the rights and remedies OF the Bond
holders In case any default should be made in the
ment of the interest principal of the Bonds.
The proposition includes to pay cash. instead
OF Bonds. to amount exceeding aggregate
soooeoooo to those shareholders prefer
ceive payment partly in cash. j. Morgan
Co. as Managers of Syndicate. have undertaken to
provide such cash. and take Bonds
end accrued interest
You are accordingly offered privilege of SELLING
the -Four go Bonds described above In
Bonds to the Of s1eo and the amount of
$40.
THIS PROPOSITION is CONDITIONED UPON THE
DEPOSIT OF AT LEAST Two-THIRDs OF THE CAPT
TAI STOCK ON OR BEFORE MAY 20. 1901 The deposit
such Capital Stock shall constitute
final acceptance the offer Of the Northern Companies
Stockholders invited deposit the Certificates for
their Stock accompanied by duly transfers in
blank. either with the METROPOLITAN TRUST COM
PANY. NO. 81 WALL STREET NEW YORK, with
ING. BOSTON. MASS. United States internaI-revenue
required by law will be attached by respective
depositares.
Transferable Certificates of Deposit will
change for the deposited Stock Certificates. the latter
should be TRANSFERRED TO THE NAMES OF THE
OWNERS BEFORE BEING DEPOSITED.
Stockholders vino depositng their Stock
shall notify the depostary that they elect receive
partly in bonds partly cash. 3 stated.
will Transferable Certificates of Deposit emitting
them thereto contamination Of the transaction but
all Stockholders who shall elect will Trans
ferable Certificates Of Deposit emitting them only
Bonds third form Of Transferable Certificate of De
posit will be issued such Stockholders shall
receive wholly cash which will
entitle the holders thereof receive payment wholly
cash Il the residue OF Fifty Million Dollars pro-
vided above stated shall be sufficient therefor or
such residue shall not be sufficient then
raabe part of such residue in cash and the remainder
Bonts.
Holders Convertible Five Per Cent. Bonds of the
Chicago Burlington & Quincy Railroad Company
vised to IMMEDIATELY EXCHANGE THEIR BONDS
for Stock and TO deposit such Stock ON OR BEFORE
MAY 60 1901.
Stockholders avail themselves OF this offer
requested to deposit shares possible
ALL STOCK CERTIFICATES MUST BEAR. OR BE
ACCOMPANIED BY. A DULY EXECUTED TRANSFER
IN BLANK.
Copies OF the circular giving fuller particulars may
obtained from DeposItaries or
G. sanwood. Assistant treasurer. 7os Sears Building
Boston Mass. whom all correspondence
dressed. FRANCIS W. HUNNEwEII. Chairman.