Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-08-03
$500, 900
Salt Lake s. Ogden
Railway Company
First Mortgage Improvement
Five (5N Per Cent
Twenty Year Gold Bonds.
United State. Mortgage g Trust Company
of New York, Trustee.

Sold subject to the option Of the SALT LAKE * OCDrv
RAILWAY COMPANY TO redeem any bond at 3 Der cent
premium on the first day Of June December in any YEA,
upon giving sixty days notice
Interest payable sem-annuay on the first day IF Jun,
and December.
The payment Of the interest coupons covering the s,,,
two years the date Of the bonds guaranteed per5os
ally by Mr. Simon Bamberger President Of the Salt LAX,
Ogden Railway Company II is estimated that an c7slns
ton and electrfyng will he completed and the line as hers,
matter described be in complete operation within two wear,
The principal and interest Of the bonds payable WITH
out deduction for any tax taxes Of the United State. ~
America or of the State Of Utah.
The bonds are Of the denomination of One Thousand
Dollars and Five Hundred Dollars
Five Hundred thousand Dollars Of the bonds are offered
ct se per Of the par value and accrued interest per cent
Of the Of each subscription TO the bonds being given
in stock of the company as bonus.
These bonds are the first lien and mortgage on an b
property of the company, including;
fifty year franchise In Salt Lake City. Utah
fifty years franchise in Ogden City. Utah.
one hundred year franchise through Bountu city To,
one hundred years franchise through Pennington city,
Utah.
one hundred year franchise through Kaysvo city, ,b
fifty year franchise through the county of Davi,
fifty year franchise through the county Of Weber rb
Also including all Of the companys property depos to-
rninals grounds stations tracks and brick yard branches sid
ngs and switches. engines and any and all personal Or
realty thereto belonging.
The company owns 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 n, +,
used 10 complete double tracking Of the road between g
Lake and Ogden for electrfyng and equppng ,le oar,
system.
The Company has been operating steam railroad between
Salt Lake and LAGOON for the past ten years.
The track is laid 10 Layton, distance q twenty.
two and hall miles from Salt Lake.
Grading ia complete nearly the city limits Of Ogden
and from Ogden 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
l. thirtyhve and half miles, which 1t is proposed 70 double
track
The mortgage guaranteeing the payment Of these bonds
made 10 the United States Mortgage & Trust Company u
New York and is for s1.50O00O and the following disposition
Is 10 be made Of The bonds.
seO0000--For all the property. franchises ETC. ~ Re
company, free Of any membranes or obligations 70
August LIST, 1905.
s50o0c0-the bonds offered for sale subjec to publ,
subscription.
e4OO0O0to remain unsod and The property Of The ION.
pany the same 10 be used for extensions and o,ha,
purposes as may hereafter be decided
Subscription books will close at u o'clock noon Non.
DAY. August 6h 1906 and each subscription must he accom-
panied by 10 per cent Of the total amount asked for
II the amount herein offered is ovcrsubscrbed aotnens
will be made proportionote TO the subscription
Subscription. 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.