New-York tribune., 1902-02-13
Secured by Mortgage of February IL. 1891,
The Mercantile Trust Com
pany, Trustee.

The St Louis Southwestern Railway Company proposes:
u To finance the purchase for the system OF certain
branch lines and securities of other companies already
quired or in process Of acquisition
C) To provide existing equipment obligations for
expenditures ALREADY authori cd for further equipment
G) To make additional improvements and renewals Of
roadbed property ch required provide for In
creasiag traffic.
(4) To provide further
struction. acquisitions and equipment Of lines be
found necessary protection OF tributary
territory and Of the system
The requirements for the present purposes above nd
tsubdivisons . and estimated be in the
neghborhcod Of So 100000 and IS considered that
available OF least So0OOOO0 additional should
be constituted for the future specified in sub
division !.
The Companys First Mortgage Certificates 0O0)
and Mortgage Income Certificates sloo0oOoM
and already outstanding n
the limited by the lndentures securing them
present limitation q The Compsnys resources
capital expenditures the purchase Of needed additional
equipment necessary increase in the amount
which chargeabIe against income in determining net
earnings applicable TO payment Of interest the Second
Mortgage Certificates. and construction aad ao-
QUESTION OF lines and properly Except in the event
or tie merger Of liens proposed) must be
largely the basis Of the Independent security
thus produced acquired.
Under these conditions TO that the Company
may money required for the ABOVE SPECIFIED puF
poses upon terms favorable 10 the Company and
its security holders deemed and IN the test
holders Of iis Second Mortgage income
Certificates holders opportunity 10 co
operate enable substantial unihoa-
t.on Of security that and hereafter inte-
pendenty ayaaSle the Company in carrying out the
foregoing purposes.
In determining the nature Of the new and the
extent and lien protecting the same the
action Of Stockholders must be guided
by co-opcra7n The part Of the boldeTa
Of the Second Mortgage Income Certificates.
The railway company accordingly requests
the holders of its second Mortgage Income
Bond Certificates to deposit their Certificates
with The Mercantile Trust Company, No. l2O
Broadyyay New York City. The Trust Com
pnny Will receive such deposits to and
including March 10th, 1902. upon the condl-
lion that all deposited Certlficntes may. upon
direction O the Railway Company and upon
advertised notice. be retHrned to the holders
of Deposit Receipts upon surrender thereof
without charge I auy lime before May 3Ist.
1902, and thnt if such Certificates not
then or heretofore returned the holders
of deuosit receipts shall have the right,
upon similar notice and upon surrender of
their deposit receipts. to receive new securl-
ties rights. both, when and upon the
conditions offered by the railway company
to all depositOrs alike, or ut their option, 90
sell their certiGcates for cash at eighty per
cent. OF their par value with accrued inter-
est. The acceptance of any CertfficufeE and
the terms upon which they viii he received
az AT alb after March 10Th, 1902 VIII rest
exclusively N the discretion of the railway
company.
Ilepositos from The Mercantile Trust Com
uany negotiable Deposit Receipts which shall state that
notice Application will be made for the listing Of the
Deposit Receipts the New York Stock Exchange.
Dated New York. February 9th 1902
cnIrrHH-EcTEDN IN