The Bon Homme County independent. [volume] (Tabor, S.D.) 1904-1913, 1906-08-23
TO AUTHORIZE BIG
CAPITAL INCREASE
Chicago and Northwestern Will
Expand Its Stock to
$500, 900, 900.
OFFICIAL NOTICE GIVEN
Officers Say the Purchase Of Other
Lines IL Not Contemplated
For Benefit Of Share
hciders.

New York. Aug. ::.-it has bccoms
known that the Chicago ard Northwestern
Railway company management on
Wednesday nigh; had issued n call for y
special meeting mt which stockholdcrs ana
voting bondholders will be asked tn APP.
prove Of a plan TO Increase the cap.iallza-
ton OF the company 20 tcoo.Ooo.co. the cn-
tir. increase to be In common shares.
The present capitalization 90 III. road Q,
81. oi. OB authorized common stock and
81. =5. ~ preferred stock. n total % sS9.s
ssi les. The common stock capitalization
will thus DO capable OF an expansion to
siOp. &C. ~.
Directors OF the road. when questioned.
would s.v. no specific reasons for the In.
erase. They said that no special plan OF
extending the system had been decided
upon. but that Il was considered that the
time had arrived for the Chicago and
Northwestern TO undertake n scheme or
financial expansion In which the stock
holders could ave "A share.
Available Any Time.
IL was stated thai, tho new common
stock was 20 be authorized. so that 10
would be available for issue ut any time
needed. IL was denied that the road con-
trmpiatcd the purchase OF any lire nj
present. and IL Is understood that these Is
no intention to buy any additional minor
ity stock OF the Omaha" road.
The circular sent out Il as follows:
Notice Is hereby given that "A meeting
OF the stockholders and voting bondholdcrs
OF the Chicago and Northwestern Railway
company will be held. pursuant To call
thereof as the regular annual meeting OF
the company and also AZ n special meeting
By said company's board of directors. at
IN" c~ompany's offices. No. rs Jackson
Boulevard. In the city OF Chicago. Ill. ut
J: o'clock noon on. Thursday. October u.
iss, and at any time or times TO which
said meeting may be adjourned. fer In.
election OF directors and TO Ect upon all
such questions as may properly be deter
mined at the regular annual meeting OF
the company'a stockholders and voting
bondholdcrs. and also to act upon the epe-
rili questions OF Increasing IN" authorized
capital stock OF thu company TO an
amount OF common stock. each share OF
the par value Of sieo. sufficient TO make
th. aggregate capital stock OF the COM
pany teDo.ovo.oo par value. and OF cmpow-
-rtng the company's board 81 directors 20
issu" Its common stock from time TO time
for any purpose allowed by law. In such
amounts whether within the limi, author
ICED nj such meeting or previously as the
board OF directors may determine.
''This notice IN given BY order OF the
board OF directors OF said Chicago and
Northwestern Railway company. and IL
signed by a majority OF the members OF
said board and by the c~ompany's prcsi-
dent and secretary. and bears the COM
pany's seal.
DATED Junc 6. 1906"
This notice Is signed by tho following
directors. T.. W. Vanderbilt. Cyrus ~.
Mccormick. David T.. Kimbail. James G.
Fargo. ~. Mex. Twombiy. Henry e. Prick.
Byron l.. Smith. ChaunCey Keep. Zcnas
Crane and oliver Amcs.