Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-08-02
S5OO.OOO
Salt Lake 6 Ogden
Railway Company
First Mortgage Improvement
Five (5% Per Cent
Twenty Year Gold Bonds.
United State, Mortgage @ Trust Company
Of New York, Trustee.

Sold subject to the option Of the SALT LAKE OGDEN
RAILWAY COMPANY to redeem any bond az per cent
premium the first day Of June December in any wear
upon giving sixty days notice.
Interest payable semiannualy the first day Of June
and December.
The payment Of the interest coupons covering the first
years from the date Of the bonds is guaranteed person.
sy by Mr. Simon Bamberger, President Of the Salt Lake
Ogden Railway Company II is estimated that all cons,ruc
ton and eccnfying will be completed and the line here
matter described be in complete operation within years
The principal and interest Of the bonds payable with
out deduction for tax taxes Of the United States Of
America or Of the State of Utah
The bonds Cd the denomination of One Thousand
Dollars and Five Hundred Dollars
Five Hundred Thousand Dollars Of the bonds are offered
sc per Of the par value and accrued interest per cent
Of the amount OF each subscription the bonds being given
in stock Of the company as bonus.
These bond. the first lien and mortgage on all tho
property Of the company, including:
fifty year franchise in Salt Lake City Utah
A fifty years franchise in Ogden City Utah
one hundred year franchise through Bounful city UA
one hundred years franchise through Pennington city,
Utah
one hundred year franchise through Ksysvle city Uh
fifty year franchise through the county Of DAVIS
fifty year franchise through the county Of Weber Uh
Also including all Of he companys property dcpots ter
nnss grounds stations tracks and bnck yard branches sid
ng and switches engines. and any and all personal
realty thereto belonging.
The company all Of the stock of the LAGOON RE.
SORT COMPANY which company is free Of any indebted
The money received from the sale Of these bonds be
used complete the double tracking Of the road between Sol,
Lake and Ogden and for eecfyng and equppng the sn,
system.
The Company has been operating railroad between
Salt Lake and LAGOON for the past wears.
The track is laid TO layton distance Of twenty
two and half miles from Salt Lake
Grading is complete nearly 10 the city limits Of Ogden
and from Ogden 70 the mouth ~ Ogden canyon the latter
distance Of two and half miles
Material is ~ hand and being laid over graded portion
The length Of the main line from Salt Lake City Ogden
Is thrtyhve and hall miles, which it is proposed doub.
track
The mortgage guaranteeing the payment Of these bonds
made to the United States Mortgage 4 Trust Company Of
Now York and is for s50o000 and the following disposition
is to be mAde Of the bonds
s6oo0Oo-fr all the propert, franchises etc. u me
company, free Of any membranes or obligations 70
August LIST, 1900
s5ooco-the bonds offered for sale subject to public
subscription.
sOOOcc-to remain unsod and the property Of the
pany tho same 10 be USED for extensions and other
purposes az may hereafter be decided
Subscription books will close at 10 o'clock noon Non
nav August 9Th, 1906 and each subscription must he
panied by 10 per cent Of the total amount asked for
II the amount herein offered oversubscribed aonens
VIII be made proportcnste to The subscription.
Subscription. received at the following places
Omce Of Mr., Simon Bsmberger Salt Lake CITY Utah
Inc National Bank Of Republic Salt Lake City, Utah.
fngree National Bank. Ogden, utsh.