The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1904-01-08

stock and SIS of the common stock.
If a bondhOlder dies, before the bond
has matured, his legal representatives
may secure all the money paid to the
townsite company for the bond, with
the unpaid interest on it.
CHEAP PASSES FOR BONDHOLD-
Frs.
A bondholder will be entitled once
during each six months between the
date and maturing of his bond to re-
ceive a transferable round trip ticket
over any portion of the system, at a
rate of one cent a mile each way.
At the maturity of his bond the holder
may select any one of three options. He
may surrender the bond, taking in ex-
change 800 of the railway company's
first mortgage bonds, SIS of the 4 per
cent preferred stock and SIS of the COM
mon stock, So of the stock of the Wich-
the Mexico and Orient Townsite COM
pany and $50 of the Mexican Securities
company's stock; or,
He may purchase one or more re-
served lots, using the bond toward the
payment of the purchase price at an
agreed value of $40; or,
He may demand the principal and in
terest of the bond in cash, and, in case
the company should fail to make
prompt payment on demand, have the
United States and Mexican Trust com
pany sell so much of the ratable pro-
portion of stocks and bonds as applies
TO his bond, as may be necessary to
satisfy the principal and interest of the
bond.
The Wichita Land company controls
the property adjoining the site of the
Orients shops at Wichita, Kas, and
the Mexican Securities company is a
corporation organized to develop the
lands which the road will run through
in Mexico.
LAS no cash is to be used in the pur-
chase Of reserved lots, the bonds
should have an ever-increasing value -
sad Mr.. Stlwell, in further explaining
his proposition. ''AIl the bonds and
stocks should be listed at the end of
three years. which will be after the
road has been finished At the end of
the third year a bondholder may sur
render his bond for a certificate
MR.. STILWELL SPEAKS.
When he arose to speak after the
cigars had been lighted, the Orient
president named four reasons for the
evenings gathering
wanted you to meet T. n. Nc
Cauley Of New York. who has been
elected director to succeed the late J.
}. Sylvester, and 1 wanted him to meet
you" said Mr.. Stilwell Then 1 felt
that 1 was Kansas Citys hired man.
ana was anxious to see the people for
whom am working after an absence
OF seven months I wish you to know
TOO, that our road has been finished to
Fuerte, Mexico, and that we will be
handling freight there Saturday. Lastly,
! want to explain a bond proposition /
have in mind"
Mr.. Stilwell read a telegram he had
sent to President Diaz Wednesday and
the reply he had received. The message
TO the president of Mexico was as fol-
lows:
7 take pleasure in notifying your ex-
ceLency that the Kansas City. Mexico &
Orient railway will be finished to Fllerte
ana De able to handle freight there on
Saturday.
President Diaz sent this telegram in
reply:
I received with satisfaction your mes
sage of yesterday. 1 congratulate you
on the good news
ENGLAND NEARLY BUSTED"
Before explaining his plan for the
BOND issue. Mr.. Stilwell talked of his
seven months visit in England. from
Whieh he returned only a few days ago.
found nearly everybody in Eng
and busted said Mr.. Stilwen 1.-The
ouslnes men have lost their money on
prime securities. But I didn't come
pack defeated. Before I left there I
interested some OF the greatest imam