New-York tribune., 1901-02-14

To the Holders Preferred and Common
stock of Union Pacific Railroad Company'
This Company by action Board % Directors and
Executive Committee has authorized the issue O: 500 oOo
0oo Of teu-year per bonds be
FIRST Lien Convertible Four Per Cent Gold Bonds he
secured BY first mortgage unmorgaged railway BE-
longing 70 the Company and by the pledge o securities
owned by II ana held its treasury. THESE BONDS
WILL Subject TO the authorization Of the in
crease ot the Company's stoclo BE CON-
fERTIBLE AT THE OPTION or THE HOLD
Err. on OR At ANY TIME BEFORE MAY IsT.
1906 INTO THE COMMON STOCK OF THE
COMPANY AT PAR-THaT II, AT THE RATE
OF TEN SHARES OF STOCK FOR EACH BOND.
ALL OR ANY OF SUCH BONDS MAY BE RE-
DEEMED BY THE COMPANY At 4 PREMIUM
OF "a PER CENT. ON ANY INTEREST DAY
AFTER THE FIRST DAY OF MAY, 1906 upon
notice published in two newspapers City Of New
York and in one newspaper IN CITY London.
land once week for eight consecutive preceding
such Interest day In part
they shall h chosen BY The bonds will mature Nav
Ist i9ll and bear interest MAY LIST 1901.
rate ~ four per cent payable seun-anuuay
on te nrst DAYS OF May and November in each year.
Both principal and interest payable IN gold and
rec O. TAX The bonds Will coupons interest
ans the usual made for their registra
ton For the provisions bonds and
mortgage reference is made these Instruments
inspection of which when completed may h- had A.
office Il the Company.
For the purpose Of providing payment FOR shares
% stock ~ Southern Pacific Company purchased.
s4O.OOOOOO OF SAID BONDS ARE NOW OF
FERED FOR SUBSCRIPTION. AND HOLDERS
of THIS COMPANY. OF RECORD AT THE
CLOSING OF THE TRANSFER hooks FEaRU-
AIRY 23RD. 1901. MAY SUBSCRIBE FOR SAID
BONDS AT PAR AT THE RATE OF ONE BOND
FOR Eh ERl FIFTY SHARES OF STOCK HELD
BY THEM.
SUBSCRIPTIONS MUST BE MADE on OR BE
FORE THE 10Th DAY OF MARCH. 1901 AT
THE OFFICE OF THE COMPANY, No. 12O
BROADWAY. VIEW YORK. WHERE BLANKS
WILL BE FURNISHED Upon WHICH SUB
sCRIPTIoNs MUST BE MADE.
made At the office a. the Company New York In
stalments and as follows:
* the time Of making the subscription
namely: before March 10th 1901.
= per cent On or before April 10th 1901.
q or before Nav a0th 1901:
- OF before June 10Th 1901
As the average the foregoing payments VIZ.
May ls' 1901 Is the date runs
- new bonds adjustment required
nut al deferred payments De anticipated under
discount at the of per cent, per annuu when
FUN paid certificates will be issued
y, subscription fraction q a bond will be 70
oei'ed ba as rights . sIts-be be assigned in
eordanoe with blank form which vii upon
application at sal Office q the Company New York
any holder Of certificates for rrun4r of shares
which cannot bs divided by fifty without leaving re-
nairfer may. before making subscription buy or sell
enough rights 70 make his holdings 90 divis.bIe The
Comuanv viii itself buy ~ sell rights
The right 20 subscribe will expire NJ three
O'Clock T. VI March 10th. 1901. syndicate has
been formed take portion tait $40 oOo oo
% bonds which have been subscribed for within
the period above specified.
Failure 10 ns'4lrert % tie subscription when
and payable Vu forfeit rights IN respect oc the
bonds subscribed for and insaIerts previously paid
suo~rri1tons accompanies payment ~ the r-st In
salTrent ~ . cases e IN the hands
of r y s Crosby. Treasure. l2o Rroa1vrey York
before three o'clock p. NJ March e1rh 1901 sub
sciu'oa certificates Transferable % delivery All b@
sued 10 subscriber
Tie b9nes bearing coupons from Nav Ist 1901 o. tn
term certificates representing said WIN te de-
llF-rabie
payments % instaren.s r-ce'res theron a. the ol-.
o the Company New York on as aste- June lOta 1901
By order of the Board Director
ALEX. MlLLAR- secr.tary