New-York tribune., 1901-05-18
Siuanclal.
Chicago, Burlington & Quincy
Railroad Company.
Sears Building. Boston. NAV !. ,ao,


To the Stockholders:
Al meeting OF the Board Directors hes a, a,-.,
y iHol' formal proposition. addressed to the under
signed as representing the Stockholders was laid beror.
your Directors IN which the Great Northern Rar,-.
Company and the Northern Pacific Rspuys,, c-
!nty offered 10 purchase all any part not less than
tVothirds, Of the shares Capital stock of ths
COMPANY A copy OF such proposition has besn ,os-a.
each of the depostaries hereinafter nar,as - ,
ulars setting forth the Of the offer have been
mailed all stockholders OF record
The ofe- purchase such stock ,s - 1,,, 500,
therefor the 5000 er shan. ,n ho,ss
which are 10 be the join. obligation OF the Northern
Pacific Railway Company and the Great Northern Rail-
Company; but the proposition includes an offer 20
provide cash instead o: Bonds part Of the purchas.
price.
TIE Bonds are 10 bear interest OF -Four per
cert. 4r3 July 1901 ana are 10 mature
July l. 1921 hut 10 be reoeemabe option Of the
tvo Companies Jos per cent and accrued n
teest or July 1906 or on day
The bonds 10 he secured by pledge the Stock
acquitted. with Trust Company Trustee under Deed
Of Trust defining the rights OF the Bond
holders default should made in the pay
~ rhe interest principal o. the Bonds
The sr1positi3n includes offer o pay cash instead
~ Bonds. exceeding IN the aggregate
100000 shareholders prefer 10 re
payment partly in cash; and Messrs p. Morgan
Co. Managers Of a Syndicate. have undertaken 10
provide such cash. and take therefor such Bonds
sn7 sccrued
You accordingly offered the privilege OF SELLING
YOUR STOCK AT 500 PER SHARE payable wholly in
-Four cent. C470 Bonds described above. in
Sends to the amount Of sl6o and the of
$40
THIS PROPOSITION Is CONDITIONED UPON THE
rEPOsIT OF AT LEAST TWO-THIRDs OF THE CAPI-
tai STOCK on OR BEFORE MAY 90 1901. The deposit
Of such two-thirda Capital
hna acceptance OF the offer OF the Northern Companies
Stockholders invited deposit Certificates
their Stock accompanied duly executed transfers
blank either with the METROPOLITAN TRUST COM
FANY 30. 81 WALL STREET. NEW YORK. with
the OLD COLONY TRUST COMPANY. AMES BUILD
ING. BOSTON. MASS. United States internal-revenue
STAMPS required by law viii be by respective
sepostsFies.
Transferable Certificates Deposit viii be issued IN
for the deposited Stock Certificates. Ire latter
should be TRANSFERRED TO THE NAMES OF THE
OWNERS BEFORE BEING DEPOSITED.
Stockholders who the depositing their Stock
shan notify the depostsry that they elect
partly in bonds and partly in cash. stated
Will receive Transferable Certificates OF Deposit emitting
them thereto contamination of the transaction
Stockholders shall receive Trans
ferabe Certificates Of Deposit emitting them only 10
Bonds OF Transferable Certificate Of De
post 10 Stockholders as shall elect 10
receive payment wholly in cash whi,h Certificate viii
entue the holders thereof receive payment wholly in
cash The residue OF the Fifty Million Dollars pro-
Yided above stated shah be sufficient therefor or II
such residue shall be sufficient, then
Fztable pan OF such residue
Bonds
Holders Convertible Five Per Cent Bonds Of the
Chicago. burlington & Quincy Railroad Company
yssd IMMEDIATELY EXCHANGE THEIR BONDS
for Stock and to deposit such stock on OR BEFORE
MAY 20 1901.
Stockholders who themselves OF this offer
requested deposit their shares possible
ALL STOCK CERTIFICATES MUST BEAR. OR BE
ACCOMPANIED By. a DULY EXECUTED TRANSFER
IN BLANK
Copies OF circular giving fuller particulars may
obtained either OF Depositares. Arthur
G. Stanwood Assistant treasurer. 7Oi Building
Boston Mass 10 whom correspondence should ad-
dressed FRANCS ". HUNNEwELL. Chairman.