The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-30
S5OO,OOO
Salt Lake 6 Ogden
Railway Company
First Mortgage Improvement
Five 6M) Per Cent
Twenty Year Gold Bonds.
United State. Mortgage g Trust Company
of New York, Trustee

Sold subject the option of the SALT LAKE & OGDEN
RAILWAY COMPANY to redeem any bond at per cent
premium the first day of June December in any year
upon giving sixty days notice.
Interest payable miannuay on the first day of June
and December.
The payment of the interest coupons covering the first
from the date of the bonds guaranteed
ally by Mr. Simon Bamberger President of the Salt Lake
ton eectrifyng will be completed and the line here,
matter described be in complete operation within two
The principal and interest of the bonds payable with
deduction for taxes of the United States of
America or 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 offered
per of the par value and accrued interest 10 per
of the of each subscription the bonds being
in stock of the company bonus
These bonds the first lien and mortgage all the
property of the company, including:
A fifty year franchise in Salt Lake City, Utah.
fifty years franchise in Ogden City, Utah.
hundred year franchise through Bountfu city Utah
hundred years franchise through Pennington city,
Utah
one hundred year franchise through Kaysvie city Utah
fifty year franchise through the county of Davis Utah
fifty year franchise through the county of Weber, Utah
Also including all of the companys property, depo ter
mina grounds stations tracks, and brick yard branches sid
ngs and switches engines and and all personal
The company owns all of the stock of the LAGOON RE
SORT COMPANY which company is free of indebted
The money received from the of these bonds is to be
used complete the double tracking of the road between Salt
Lake and Ogden and for eecryng and equppng the entire
The Company has been operating railroad between
Salt Lake and LAGOON for the past ten years
The track is laid to Layton distance of twenty
two and half miles from Salt Lake
Grading is complete nearly to the city limits of Ogden
and from Ogden the mouth of Ogden canyon the latter
distance of and a half miles
Material is hand and being laid graded portion
The length of the main line from Salt Lake City Ogden
is thry-fve and half miles, which it is proposed double
track.
The mortgage guaranteeing the payment of these bonds
made the United States Mortgage & Trust Company of
New York and for $1500O00 and the following disposition
is to be made of the bonds.
6OO0O0-For all the property, franchises, etc. of the
company free of any membranes obligations to
August 1st 1906
$500OOO-he bonds offered for sale subject to public
subscription.
100000 remain unsod and the property the com
pany, the to be used for extensions and other
purposes as may hereafter be decided.
Subscription books will close IL 100 o'clock noon Mon
day August 9Th 1906 and each subscription be accom-
panied 10 per cent of the total amount asked for
If the herein offered is oversubscribed alotmens
will be made proportionate to the subscription.
Subscriptions received at the following places
Office of Mr.. Simon Bamberger Salt Lake City Utah
The National Bank of Republic Salt Lake City Utah
Pingree National Bank Ogden, Utah.