New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1901-05-15
financial.
Chicago, Burlington & Quincy
Railroad Company.
Sears Building. Boston. May l. 1901
To the Stockholders f:


To the Stockholders:
Al meeting u Board % Directors he1 on Apll'
o, roo, ,or,sI nronostion addressed to the under
signed as representing the stoekhoiae's vs. ~ 49,
your Directors which the "rea' $500 "as
-o,,nanv and the Northern Pacific Halfway company
-. - q, r,,chsse all any part. not less than
,hras ~ the shares OF the Capital Stock OF this
Germany copy Of such proposition has been lodged
,b 80 q, tbe depositaries hereinafter named. and cir
lsr setting forth conditions Of the offer have been
mailed 20 all stockholders OF record
Tn. offer IS 20 purchase such stock OF July l. 1901.
ana % nav therefor at the per share bonds
which are 10 join, obligation OF the Northern
Pacific Railway Company and OF the Great Northern Rail-
way Company: the proposition includes an offer 10
provide instead OF Bonds for part OF the purchase
price.
bear interes, the rate Of -Four per
cent ,4TO per July 1901 and 70 mature
July 1921 he reasonable the option OF the
Northern Companies lo5 cent and accrued In
terest on July l. 1905 any coupon day thereaf'e
The tones he by pledge Of all the Stock
acquired with Company Trustee. under Deed
Of Trust defining the rights and remedies Of the Bond
holders any should be made in the pay
ment Of the interest principal Of the Bonds
The proposition includes offer 10 cash instead
Of Bonds. exceeding in the aggregate
$50 10000 shareholders who shall prefer 70 re-
payment partly cash; and Messrs J. r. Morgan
Co. as Managers a Syndicate. have undertaken to
provide therefor such Bonds at par
and accrued interest.
You are accordingly offered privilege SELLING
per $40 Bonds described above. or in
Bonds to the amount Of $50 and cash 10 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
twothrds Of said Capital stock shall constitute
final Of 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. or with
the OLD COLONY TRUST COMPANY. ASfEs BUILD
ING. BOSTON. MASS. United States internal-revenue
stamps required by law will be attached by the respective
depostaries.
Certificates Deposit be issued in
change for the deposited Certificates The latter
should lie TRANSFERRED TO THE NAMES OF THE
OWNERS BEFORE BEING DEPOSITED
Stockholders depositing their Stock
shall notify the depostary
partly bonds partly cash. stated
will Transferable Certificates 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
post will be issued such Stockholders shall
receive payment wholly cash which Certificate will
ente the holders thereof receive payment wholly IN
cash. the residue OF the Fifty Million Dollars be pro-
vided above shah sufficient therefor
such residue shall be sufficient. then receive
stahe OF such residue in cash and the remainder in
Bonds.
Holders Convertible Five Per Cent Bonds Of the
Chicago Burlington & Quincy Railroad Company
Nlsed 10 IMMEDIATELY EXCHANGE THEIR BONDS
for Stock and to deposit such Stock ON OR BEFORE
MAY 20 1901.
Stockholders who cesar.
are requested 10 deposit their 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 Depositares or from Arthur
C. stanwood. Assistant Treasurer 7O4 Sears Building
Boston. Mass. whom all correspondence should ad-
dressed. FRANCIS ". HUNNEwELI. Chairman