The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-04
S5OO,OOO
Salt Lake s. Ogden
Railway Company
First Mortgage Improvement
Five 5M) Per Cent
Twenty Year Gold Bonds.
United States Mortgage q Trust Company
of New York. Trustee

Sold subject to the option of the SALT LAKE OGDEN
RAILWAY COMPANY redeem any bond per
premium the first day of June December any year
upon giving sixty days notice
Interest payable semannualy on the first day of June
and December
The payment of the interest coupons covering the first
ally by Mr. Simon Bamberge President of the Salt Lake &
Ogden Railway Company 1t estimated that all construc
ton and eecrfying will be completed and the line here
matter described be in complete operation within two
The principal and interest Of the bonds payable with
out deduction for tax taxes 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 offered
at SO cent of the value and accrued interest 10
of the of each subscription the bonds being given
in stock of the company bonus.
These bonds the first lien and mortgage all the
property of the company, including:
fifty franchise in Salt Lake City Utah.
A 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 franchise through the county of Davis Utah
fifty year franchise through the county of Weber Utah
Also including all of the companys property, depos
mnals grounds stations tracks and brick yard branches sid
ngs and switches engines and and all personal
realty thereto belonging
The company owns all of the stock of the LAGOON RE
SORT COMPANY, which is free of indebted
The money received from the sale these bonds is to be
used to complete the double tracking of the road between
Lake and Ogden and for eecying and equppng the entire
system.
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 complete nearly the city limits of Ogden
and Ogden to the mouth of Ogden canyon the latter
distance of two and half miles
Material is at hand and being laid graded portion
The length of the main line from Salt Lake City Ogden
is thry-Hve and half miles which proposed double
track.
The mortgage guaranteeing the payment of these bonds is
made the United States Mortgage Trust Company of
New York and for s15OOOOO and the following disposition
is to be made Of the bonds.
s6OOOOO-For all the property, franchises ETC., of the
company free of any membranes obligations to
August LIST, 1906,
s5ooOO0the bonds offered sale subject to public
subscription
s4O0OO0-to remain unsod and the property the com
pany, the to be used for extensions and other
purposes may hereafter be decided
Subscription books will close - 100 o'clock noon Mon
day. August 6th 1906 and each subscription accom-
panied by 10 per cent of the total asked for.
the herein offered oversubscrbed allotments
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.