Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1903-11-21

The present Issue Of First Mortgage
Bonds will he reduced from S5.SD0OOO to
Sa,0nWO; t. which amount the, issue win
he limited. the reduction IN the issue bcing
erected 10y the canccllatiOn Of SS6O,OO Of
the bonds now held rs collateral to loans Of
the Company.
The Twfcrrcd stock viii he five per cent
tjD nOncnmulative Preferred Stock, entitled
to receive n0ncumulative dividends at n rnt
not to exceed five per ccntun per annum
BEFORE, ori"r" ,hS payment 81 my dividend on the
any dividends IN exec N Of 1--WE per ccntum
per nnnum
Shares Of stock shall he Of the par value
Of one hundred dollars each.
FIRST MORTGAGE BONDilOLDERS.
The present holders of the First Mortgage
Bonds asserting t. the Plan will have their
bonds stamped. showing that the issue has
been reduced and limited to $5.IOOol, and
TINT such bonds are mnde rcleemablc ut
100 and accrued Interest to date Of rcdemp-
INCOME BoNDlIOIDERs. The present
| outstanding issue ~ xl,i2i.OOO Of Income
Bonds will he reduced to an issue Of 81, 900.
9DO by the cnncellation 81 sufficient of said
IN" oine Bonds controlled by the Company.
| Each depOsiting Income ROndhOlder Will he
| entitled to receive new Preferred Stock ut
par. equal TO eighty per cent Of the face
value 81 bonds deposited
STOCKHOLDERS. Each dcpOsitlng stock
holder shall, on the payment Of Two Dol.
| lars per share for each share Of stock de-
| pcsitrd, aud not otherwise, he entitled IA
receive fonr'tenths a:iW Of n share OF new
IL u share Of new Preferred stock. Scrip
will be issued for fractional amounts.
For the settlement Of the demand Of the
against The Lake Street Elevated Railroad
Company, amounting tas ~ October J, 1868
| to S77O,lSA5s, the New Company VIII issue
, and deliver to the Northwestern Elevated
the par or face value ~ S3iO,0OO, to mature
| January !, 1862 and to draw Interest at the
| rate Of two per centum per nhhum irol,
'a se",'ilty Holders Of The Lake Street Ele,
waited Railroad Company who have not rs
vet deposited their securities with the Com
mittce must deposit the same under the
| Plan on or before December II, l'N'3
Security Holders who have already de
posted their securities with the Committee
| will be- considered rs asserting 20 ANA up
proving the said Plan, unless snid S'cnrlty
| days from the time Of tn" mnillnS OF snhl
| Plan to such Security Holders, dissent
thcrcfrom, In writing, addressed to the com
Copies Of the Plan in detail may be oh
| toinrd from the SECRETARY Of the Commit
| tee or from the Depository.
deposit securities with illinois Trust and
Savings Bank Depositsry.
In order 20 give effect TO the Plan ss sOor
o. possible. the Security Holders are requested
TO assent 10 the Plan and 20 deposit thei'
securities without delay.
Chairman
Securities DAVID Il. FORGAN,
| Committed IIEIt.E A. IIAUGAN,
CORY T.. ROBINSON.
lTIlOMAS TEMpLErON.
W. q. ADAMS, Secretary
i3S Adams Street, Chicago
The Stockholders Protective COMMITTEES
heartily approves and endorses the abov,
| Plan Of Reorganization Of the Lake street
Elevated Railroad Company, ANA recon
mends and requests that all Stockholders
Will, without delay, assent thereto ana 1e
posit their Certificates 81 stock thereunde
with the Illinois Trust and Sayings Hank.
( EDWARD A. DECKER,
| w. u. COLvlN,
CHAS. y. GREY,
s,.ekhssIsss' REUBEN II. D0NNELLEY
SrSScfive ALFRED KOHN,
'CSSsiteee CORY T. ROBINSON,
HENRY G. HACKNEY,
CHARLES = PAGE,
JAMES BOLTON.
The Income B0ndholders' Protective Com
mittee heartily approves and endorses. th
above Plan Of Reorga nisation OF the LAX
street Elevated Railroad Company and rec
ommends and requests that al IncOm
B0ndhoIdsrs will, without delay, sssen
thereto and deposit their Income bond
thersnnAer with the Illinois Trust and 8sv
ings Bank. o,o
-: :31;s.,I.,.. y 5HM ri" bo u SsIN."
TssceSlve lEO. u MEArtORD.
u E1S9faal ~ e. NcQQNALQ.