New-York tribune., 1905-11-27
Financial.
New York. October p 1905
TO THE HOLDERS OF
First Preferred,
Second Preferred and
Common Stock
ERIE RAILROAD COMPANY

On September 20. 1905. the Board Directors au-
thorized the of s12oooooo Four Per Cent
Convertible Gold Bonds OF the Erie Railroad Company
by General Mortgage dated April l. 1903
said mortgage. Of acquiring majority of
the shares Of common capital stock Of the Cincinnati
Hamilton Dayton Railway Company
convertible bonds are TO be designated as
Series B The bonds dated october / 1895
maturing April !. 1858. interest payable semi
annually April and October /. and at the option
OF the holder they convertible at par into
common stock Of the Company at $50 per share.
any time after twelve years from
the date of the bonds. issue has been author
lied by the Board Of Railroad Commissioners
application will be authorize the stock in
crease necessary for such conversion.
The General Mortgage authorizes the issue Of s5o-
100000 convertible bonds $4,000, 900 bonds
designated and convertible into common
stock Of the Company at so therein statedl have
heretofore been issued and appropriated proposed
in the Erie Circular stockholders February
1903 Upon the issue Of the Si20oo.0oo Series
above described. the total outstanding under
General Mortgage the railroad, property
franchises of the Erie Railroad Company therein
scroed. and also viii the Cincinnati Hamilton
& Dayton Railway acquired with The proceeds of
the Series B bonds
There is offered registered stockholders
of the Erie Railroad Company October 81. 1908,
preferential opportunity rataby subscribe
to take the Sie,060,09o Series bonds at and
crued interest. The Company has entered into
tract with Messrs J. F. Morgan & Co. Managers
OF Underwriting Syndicate dn which themselves
and other members OF the Board OF Directors
cluded). whereby the Underwriting Syndicate. for
commission Of Pa per OF the par of said
600 600 Series bonds has agreed take and
all said s12 100000 Series bonds which shall not
be taken by the stockholders under this offer.
For the purpose determining the right
bonds. stock transfer books of tbs
Company will be closed at three o'clock P. NJ. on
October 21, 1905, and will reopened November Is,
1905, a o'clock A. NJ.
Only stockholders registered the transfer
October 81 1905. will be entitled to subscribe
for Series b bonds Holders OF First Preferred.
Second Preferred Common Stock will be entitled
S6.75 of tbs Series bonds for each
500 par stock registered their Suit
able subscription will Issued each stock
holder specifying the of bonda TO which such
stockholder entitled to subscribe.
Payments for the Series 3 bonds to be made In
full On or before November 81, 1905, at par and
crued interest The privilege subscription may be
sold in In part, and the warrants viii bear
an appropriate form assignment this purpose
No subscription assignment thereof VIII be recog-
nired unless made on the warrants furnished by the
Company.
Stockholders residing in Great Britain Europe may
make their subscription payment at the Office of
Messrs. j. S. Morgan Co., 22 Old Broad Street. Lon
don E c., England who authorized to receive the
same for transmission to New York at rate of ex-
change of which due notics win be given
Holders of Stock Trust Certificates must exchange
tbe same Certificates to be able to SUBJ
scribe.
BY order of the Board OF Directors
ERIE RAILROAD COMPANY,
Nv r D UNDERWOOD. President.