Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-07-28
S5OO,OOO
Salt Lake s Ogden
Railway Company
First Mortgage Improvement
Five (515) Per Cent
Twenty Year Gold Bonds.
United State. Mortgage o Trust Company
of New York. Trustee.

Sold subject TO the option of the SALT LAKE OGDEN
RAILWAY COMPANY to redeem any bond at per cen,
premium the first day Of June December any year
upon giving sixty days notice,
Interest payable smi.annuaIy the fret day Of June
and December.
The payment Of the interest coupons covering N. first
years from the date Of the bonds is guaranteed person
ely by Mr. Simon Banberger President Of the Salt Lake
Ogden Railway Company II estimated that all construc
ton and ectrfyng will be completed and the line here
matter described be in complete operation within years
The principal and interest Of the bonds payable with
deduction for any Of the United States Of
America of the State Of Utah.
The bonds Of the denomination Of One thousand
Dollars and Five Hundred Dollars.
Five Hundred thousand Dollars Of the bonds are offered
at 90 per cent Of the par value and accrued interest per
Of the amount Of each subscription to the bonds being given
in stock of the company as bonus.
These bonds the first lien and mortgage al the
property Of the company, including:
fifty year franchise in Salt Lax. City Utah Is
A fifty yean franchise in Ogden City. Utah.
hundred franchise through Bounful city Utah
one hundred year, franchise through Pennington Cit!
Utah
one hundred year franchise through Ksysve city Utah
A fifty year franchise through the county Of Davis
fifty year franchise through the county Of Weber Utah
Also including all Of She companys property, depo ter
insl grounds stations tracks and brick yard branches aid
ings and switches engines and and all personal
The company own. all Of the stock Of the LAGOON RE
SORT COMPANY which company !. free Of any indebted
ne-s.
The money received from the OF thee bonds 70 be
used complete the double tracking Of the road between Salt
Lake and Ogden and for ecyng and eauippns the entire
system
The Company has been operating steam railroad between
Salt Lake and LAGOON for he past ten years.
The track il now laid TO Layton distance Of twenty
two and half miles from Salt Lake.
Grading il complete nearly to the city limits Of Ogden
and from Ogden the mouth Of Ogden canyon the latter
distance of two and half miles
Material is a. hsnd and being laid graded portion
The length OF the main line from Salt Lake CITY 10 Ogden
Is thirthve and half miles, which il proposed to double
track
The mortgage guaranteeing The payment Of these bonds
made the United States Mortgage Trust Company Of
New York and for s5ooo and The following disposition
is to be made Of the bonds
s600co0-For all the property franchises etc Of The
company. fre Of any membranes or obligation, 70
August isi 1905
ssooO00-he bonds offered for sale subject 10 public
subscription.
el0NO0-o remain msold snd the property Of the com
psny. the 70 be used for extensions and other
purposes may hereafter be decided
Subscription books will close n II o'clock noon Mon
iay August eth 1906 and each subscription must B. accom-
panied bv 10 per cent Of the total amount asked for
viii be made propor'iorate 70 the subscription.
Subscriptions received at the following places
| OAfce Of Mr. Simon Bsnbsrser, Salt Lake CITY Utah
The National Bank Of Republic. Sal, lake CITY Utah
1 Pnsree National Bank. Ogden, Utah