New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-10-03
Financial.
New York. October q 1905
TO THE HOLDERS OF
First Preferred,
Second Preferred and
Common Stock
N.r rork. octobsr ;. 1eos.
ERIE RAILROAD COMPANY

On September 20 1905 the Board Of Directors antnor
lied the issue OF So 100000 Of the -Four FER cent IN
vertibIe Bonds Erie Railroad Company secure
by General Mortgage dated April J. l9oS for the
purpose among other things specified in said mort
Of acquiring than majority Of the snares Oh
Common capital Of the Cincinnati Hamilton & Day
ton Railway Company.
These convertible bonds are to be designated a
Series B. The bonds are 20 dated october ], 1900
maturing April 1853. with interest payable seni-an
nualy April October l. and at the option OF the
holder they convertible at into common
Of the Company $50 share at any time after
years twelve from the date OF the
bonds been authorized b. the Board OF
Railroad Commissioners. TO whom application VIII De
to necessary for such
conversion
Mortgage authorizes the issue Of
convertible bonds 100000 OF such bonds ldesgnAea
Series A and convertible stock OF the
Company therein stated have heretofore oee
issued appropriated proposed in the Erie CirenA
stockholders dated February 16, 1908 Upon the issue
of S12Oo0000 Series bonds above described ths
total amount outstanding under said General Mort
gage will S22 The General Mortgage covers
the railroad property Of the Erie Railroad
Company therein described, and also will cover the Gin
Hamilton Dayton Railway stock acquired Win
proceeds Of the Series 3 bonds.
There offered the registered stockholders
Of the Erie Railroad Company October Fl, 1905. a
opportunity ratably subscribe for and
to take the SI2OOO,OGO Series bonds and ac-
interest. The Company has entered into con-
CT an Underwriting Syndicate Gin which themselves
other members Of the Board Of Directors are in
cIuded). whereby Underwriting Syndicate. for a
commission 21s the par amount Of said
s12 bonds, agreed to take any and
OF $4,000 900 Series bonds which shall not
be taken by the stockholders under this offer.
For the purpose Of determining the right to sub
to bonds. stock transfer books Of the
Company will be closed a three o'clock P. NJ on
October 81 1905, will be reopened November 10,
1905, o'clock A N.
Only stockholders registered such the transfer
81, 1908, will entitled to subscribe
for the Series B bonds OF First Preferred.
Second Preferred Common Stock will be entitled
subscribe for S6.15 the Series bonds for each
par value Of stock registered in their Suit
able subscription Will be issued each stock
holder specifying Of bonds 10 which such
stakeholder is entitled to subscribe
Payments for the Series bonds are to be made in
erued interest privilege subscription may be
sold in whole part and the warrants viii bear
an appropriate form assignment for this purpose.
nized unless made the warrants furnished by the
Company.
Stockholders residing Great Britain Europe may
make their subscription and payment at the Office Of
Iessrs. j. s. Morgan Co., % Old Broad street, Lon
dom c., England who authorized to receive the
for transmission to New York at n rate Of ex-
change. O which due notice will be given.
Holders of Stock Trust Certificates must exchange
the same for Stock Certificates able to sub
scribe
By order OF the Board Of Directors.
ERIE RAILROAD COMPANY.
By F. D. UNDERWOOD. President