New-York tribune., 1905-11-10
Financial.
New York, October 3. 1908.
!,
10 THE HOLDERS OF
First Preferred,
Second Preferred and
Common Stock
THE
ERIE RAILROAD COMPANY

On September 90 1905 the Board of Directors Au-
thorzed of s12Oooooo of the Four Per Cent
Convertible Bonds the Erie Railroad Company
secured by Its General Mortgage dated April l. Ises
FOR tho purpose. other things as specified In
said mortgage of acquiring more than & majority Of
,e shares OF capital stock OF the Cincinnati
Hamilton Dayton Railway Company.
These convertible bonds ars to be designated
Series B The bonds to be dated October l. 1905,
maturing April i. 1e5s with interest payable semi
annually April and October L. and at the option
OF the holder they be convertible into
stock Of the Company $50 per SHARE At
any tim. after and before twelve from
the Their has been author
ized by the Board of Railroad Commissioners, to whom
application viii be msds to authorize the stock In
crease necessary for such conversion.
The General Mortgage authorizes the issue of $780,.
100000 ertibs bondx &l0.00e.000 OF such bonds
designated seriss and convertible into
Company SO therein stated)
hsrs,ofors Issued and appropriated proposed
in the Erie Circular to stockholders dated February 6
Upon the s12 10000 Series bonds
above described tho total amount outstanding under
the Eaid General Mortgage Will be s2s.eoo.oeo The
General Mortgage tho railroad. property and
franchises OF the Erie Railroad Company therein de-
scribed. and also will cover the Cincinnati Hamilton
Dayton Railway stock acquired with the proceeds OF
the Series bonds
There offered to tho registered stockholders
Eric Railroad Company October 81, 1908.
preferential opportunity raRbly subscribe for and
take the Sl2 zoo 0Oa Series B bonds at and
orued Interest The Company has entered into con-
tract with Mes.4s. j. p. Morgan & Co.. Managers
of an Underwriting Syndicate dn which themselves
and other m. ..kers Of Board Directors
cuded1 whereby the Underwriting Syndicate for
Of n cen, OF the amount Of said
Series bonds has agreed to take any and
all of said tiz o0o bonds which shall
be taken by the stockholders under this offer.
For the purpose of determining the right to sub
scribe bonds the stock transfer books Of the
Company will be closed at three o'clock P. NJ on
October 2I 1905, and viii be reopened November Is.
10O6. o'clock A NJ.
Only stockholders registered such the transfer
books on October will entitled subscribe
for the Series bonds. Holders Of First Preferred.
Second Preferred or Common Stock will be entitled
stco par stock registered in their name Suit
holaer specifying of bonds to which such
stocknolcsr Is entitled to subscribe
Payments for Series bonds TO be made In
FUN On or before November 81. 1905 at and
erusd interest. The privilege of subscription may be
eel6 In whele part. and the warrants Will bear
IN appropriate assignment this purpose
No subscrfption assignment thereof Will be
nixed unless made the warrants furnished by the
Company.
Stockholders residing In Great Britain Europe may
make their subscription anc payment at the ofico OF
Messrs j. S. Morgan Co.. 22 Old b Dad Street. Lon
don E. c. England. who authorized to receive the
..ne for transmission o New York at rate Of ex-
chanse Of which due notice will be given
HoIder Of Stock Certificates must exchange
81. ..mo for Stock Certificates to be able to sub
scribe.
n, order of the OF Directors.
ERIE RAILROAD COMPANY,
BY F. D. UNDERWOOD. President