New-York tribune., 1905-11-15
Financial.
ERIE RAILROAD COMPANY

On September 90. 1905 the Board of Directors au-
thorzed si2 900 900 of the Four Cent
Convertible Gold of Erie Railread Company
secured by its General Mortgage April i. 1903
for the purpose among things specified in
said mortgage. of acquiring than m ority Of
the shares of common capital stock of the Cincinnati.
Hamilton & Dayton Railway Company.
These convertible are be designated as
Series 3. The bonds be dated october l. 1905
maturing April !. 1853 with interest payable semi
annually April and October J. and option
of the holder they be convertible par into
common stock of the Company al $50 per share at
time after and before twelve years
the date the Their been author
by Railroad Commissioners. to whom
application Will be made authorize the stock in
necessary such conversion.
The General Mortgage authorizes the issue $50
100000 convertible bonds s10.00e.00o bonds
designated Series convertible common
stock OF the Company so therein stated have
heretofore been issued and appropriated proposed
the Circular stockholders dated February
1903. Upon $4,000, Series bonds
above described the total amount outstanding under
the said General Mortgage will be s22,0o0,O00 The
General Mortgage the railroad. property and
franchises OF the Erie Railroad Company therein
scribed. and also viii the Cincinnati. Hamilton
& Dayton Railway stock acquired with the proceeds of
There is now offered TO the registered stockholders
of the Erie Railroad Company October 81 1905. a
preferential opportunity ratably and
take sig 200 B bonds at par and ac-
crued interest The Company has entered into a
Mess-s. ]. Morgan & Co. Managers
of Underwriting Syndicate Gin which themselves
and other members of the Board Directors
cuded). whereby the Underwriting Syndicate, for
commission of "a per of the OF said
s12,OoOOO0 Series bonds has agreed take and
all of said S12O00.o00 Series bonds which shall
be by stockholders under this offer.
For the purpose of determining the right to sub
scribe said bonds the stock transfer books of the
Company will be closed three O'Clock 7. NJ. on
October 81, 1905 will be reopened November 10,
1905, A o'clock a. NJ.
Only stockholders registered m transfer
October 81, 1905, will be entitled subscribe
for the Series Holders of First Preferred
Second Preferred Common will entitled
TO subscribe of the Series bonds each
500 par registered their Suit
holder specifying amount OF bonds which such
stakeholder is entitled TO subscribe
Payments for the Series bonds to be made in
., or or before November -, 1905, at par
crued interest. The privilege subscription be
sold In whe in part, and the warrants viii bear
an appropriate OF assignment this purpose
subscription assignment thereof will be
mixed unless made the warrants furnished by the
Company.
stockhcider. residing In Great Britain r Europe
make their subscription snd Office OF
J. S. Morgan CO., 90 Old Broad Street. Lon
don z. G.. England, authorized receive the
.ar1e for transmission TO New York at rate of ex-
change of which notice will be given.
Holders of Trust Certificates must exchange
fhe same fer Stock Certificates able to sub
scribe.
By order Of the of Directors
ERIE RAILROAD C0NPANT.
BY F. u. UNDERWOOD. President.