New-York tribune., 1901-05-20
financial.
Chicago, Burlington & Quincy
Railroad Company.
Sears Building. Boston. May l. 1901


To the Stockholders:
At a meeting of the Board % Directors ts,s - A.,
=. 1901, formal proposition addressed o, 81 -
signed, as representing the stocl,hoders was Is7 rf
YOUR directors III which the Great Northern Railway
company and the Northern Pacific Railway Cor,-s,--
Jointly offered purchase all or anv mart ~, , ,.
two-thirds. Of the shares Of the Capital sor - 1f
company. copy q such proposition has been lodged
with each Of the depostaries hereinafter named and Cir
cars setting forth the conditions tie offer have been
mailed 70 all Stockholders Of record
The oder is 10 purchase such stock as OF r1lv 1901
and 10 pay therefor at the $500 er share In bonds
which are 20 be the join. obligation q the Northern
Pacific Railway Company OF the Great Northern RAT
way Company but the proposition includes an offer 70
provide cash Instead ot Bonds part the purchase
The Bonds bear interest ~ the ra.c of 1o,r ~
o7H 80 per annum from July l. 1901 are to mature
ry J. 1921 but TO be reieeabIe the option Of the
o Nor'heIA Companies at 10 in
crest on July J. 1906. on any coupon DAY thereafter
The bonds are 70 be secured by pledge Stock
acquired, with Trust Company Trustee under Deed
Of Trust defining the rights and remedies OF the Bond
holders in case any default should in pay
rnent q the interest or rrincipa! the Bonds.
The proposition includes offer 10 pay cash instead
p Bonds 10 amount exceeding in the aggregate
fe"'oo 10 those shareholders who shall prefer
cetve payment partly cash. and AIesSrs : p Morgan
& Co, as Managers Syndicate have undertaken 20
Srcyde cash ard 10 take therefor such Isor5s At mar
md accrued interest.
You are accordingly offered the privilege O. SELLING
YOUR STOCK AT S2oO PER SHARE payable wholly IN
me -Four per cent t4oo Bonds described above or
bonds TO the amount Of Slco and the
$40
THIS PROPOSITION Is CONDITIONER UPON THE
Ii-Fo7II OF AT LEAST TAO-TFIRDS OF THE CAPT
TAI STOCK OK OR BEFORE MAY 20 1901 The deposit
tvo-thrdz Capital Stock shall constitute
final acceptance the offer OF the Northern Companies
stocholders invited de7os; the Certificates fo-
t1er stock accompanied by duly executed transfers
blank either with the METROPOLITAN TRUST com
PANy. NO. 81 WALL. STREET NEW YORK. or with
me OLD COLONY TRUST COMPANY. AeIES BUILD
ING. BOSTON. MASS. United States .nterual-reyenue
stamps required by law viii be attached by che respective
Cenostaries.
Transferable Certificates of Deposit wiz b. issued IN ex-
change the deposited Stock Certificates. Tne latter
should Re Transferred To THE NAMES or THE
OWNERS BEFORE BEING DEPOSITED.
Stockholders who the OF depostns t.e!- Stock
shall notify deposItary they pay
Ineut partly bonds partly cash. above stated
viii receive Transferable Certificates Deposit eutiJlius
thereto c1usur-atiar cf The tansaction. hu;
al Stockholders who snail not SO elect receive Trans
terabe Certificates Deposit emitting them only o
Bends third f0In Transferable Certificate % De-
posIt such Stockholders shall elect -
receive payment wholly cash. which Certificate viii
ertitle receive payment wholly n
cash. residue ths Fifty Million Dollars 20 be pro
ysed as above stated sufficient therefor. Il
such residue shan be sufficient. then 70 receive a
ratabe parc Of such residue cash and the remainder in
Bonds.
Holders Convertible Five Per Cent Bonds @; tAe
Chicago. Burlington Quincy Railroad Company ad
vlsed 10 IMMEDIATELY EXCHANGE THEIR BONDS
s1- stock deposit such stock on OR BEFORE
MAY 20. 1901.
Stockholders themselves q this oe-
requested deposit their shares possible
ALI. STOCK CERTIFICATES MUST BEAR. OR De
ACCOMPANIED By. A DULY EXECUTED TRANSFER
~ BLANK
Copies giving particulars may be
obtained from either ot the Deposstares or from Arthur
G. stanwood. Assistant Treasurer. 704 Building
Boston Mass 10 whom correspondence should
dressed. FRANCS ". EUNNEwEI-I. Chairman.