New-York tribune., 1902-02-08
Secured by Mortgage of February 12. 1891
TO The Mercantile Trust Com
pany, Trustee.

ST Louis Southwestern Railway Company pronossx.
~ To finance the purchase system OF certain
branch lines and securities Of other companies already
oured in process acquisition.
9 To provide for existing equipment obligations
expenditures already authorized further equipment
S) To make additional improvements renewals OF
roadbed and which required provide
creasIng tranic.
CD provide resources for such further con-
sructon acquisitions equipment may be
found the protection extension of tributary
territory and the business OF the system.
The requirements the present purposes nd-
Gated Subdivisions in the
Eeighborhood OF S6OOo0o0 and ia considered that
available least $lOo0o0O0 additional should
be constituted for the future specified
division 4
The company's First Mortgage Certificates $4,000 ooO
its Second Mortgage Certificates 100000
subject and already outstanding
ths amounts limited by the Indentures securing them.
Under the present Limitation the Companys
for capital expenditures the purchase needed additional
equipment involves a increase In the amount
which is ehergeable against income determining
earnings applicable 10 payment OF interest the Second
Mortgage Income Certificates and construction ac-
Quisition Of lines and the
TIE merger o hereinafter proposed) bs
financed largely the basis OF the independent security
thus produced acquired.
Under conditions end the Company
may money required the specified pur
poses favorable to the Company and
security holders deemed proper and IN the best
the holders OF ite Second Mortgage Ineoms
Certificates offer said holders opportunity
L
ton Of their security with that now and hereafter indie
pendenty available the Company carrying the
foregoing purposes
In determining the nature Of the new security and the
and OF the lien protecting the same
OF the Directors and Stockholders
by the Of cooperation the OF the holders
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. I20
m fnr 4rrEsf
pany VIII receive such deposits up to and
including March 10th, 1902 npon the condi-
tton that all deposited Certificates may, upon
direction OF the halfway Company and upon
advertised notice, be returned to the holders
of Deposit Receipts upon surrender thereof
without charge at auy time Before May 3Ist
1902, md that il such Certificates not
then heretofore returned the holders
of deposit receipts shall have the right,
upon similar notice and upon surrender OF
rhcfr deposit receipts, TO receive new securt-
tics rights, both, when and uDon the
conditions offered by the railway company
to nII depositors alike, or nt their option, to
sell their certificates for cash at eighty per
cent. of their par value with accrued inter-
est. The acceptance of any Certificates and
the terms upon which they will be received
df at alb after March 10th. 1902. will
excIusively i'm the discretion OF the railway
company.
epoeitors will receive Mercantile Trust Com
pany negotiable Deposit Receipts which
issued the terms and conditions of this
Application will be made for the listing
Deposit Receipts the New York Stock Exchange
Dated New York. February 9th. 1902
ST. LOUIS SOUTHWESTERN RAILWAY co.
BY EDWIN GOULD, President
Referring above notice IN accordance with
the request Of the holders OF large
Second Mortgage Certificates which have already
been deposited the undersigned Will deposits
such Certificates UP and including MARCH 10TH
the and conditions OF the foregoing
the st. Louis Southwestern Railway Company will
temporary receipts (exchangeabs for engraved
cepts compleed) against deposits said
notice indicated
New York. February 9th 1902.
THE MERCANTILE TRUST COMPANY,
BY LOUIS FITZGERALD, President