The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-03-27

NOTICE OF SPECIAL STOCKHOLM
ers' Ieeting-Notice is hereby given
that a special meeting of the stock.
{ Railway Company has been called
by the board OF directors OF sale
company, to be held at the principa
office OF the company. In the city o.
issi 1eI, N Va. on the 2sTH DAY OF
consider and act on the following
propositions:
(a) To consent to-, approve and au.
thorize n increase OF the authorized
;rany by the addition thereto Of stock
in the par amount Of ss6.739,700, to
be divided into 367,Sn7 shares OF the
par value OF 500 each, SO as to make
the total authorized par amount OF
900. consisting OF 100000 shares OF
the par value OF 800 each;
CD To authorize the creation OF
an Issue of convertible bonds OF the
company. to be known as its four
convertible. gold bonds, to be limited
to a principal amount OF not ex-
ceedng s37,200.000 at any one time
outstanding, such bonds to be issued.
from time to time, either as coupon
bond, Of the denomination Of one s
bonds of the denomination of one
thousand dollars. or of any multiple
of one thousand dollars that the
board of directors of the company.
time prescribe. such bonds to bear
such date Or dates. to be payable,
both principal and interest, In such
currencles and at such fixed rate or
rates of exchange. and to be con-
verttble at tho option of the holder
into common stock of the company.
upon such terms as said board may
determine and az may be provided
in any trust indenture approved by
said board under which such con-
vertible bonds may be issued: such
bonds and such indenture to con-
tain such provisions as to conver-
sion, redemption, maturity and ether
wise as said board may determine.
and such indenture to contain appro-
pirate provision to the end that the
additional mortgage upon the lines
of railroad owned by it at the date
OF such indenture or upon any part
thereof without making effective
provision In such additional mort
gage that all such bonds then out.
standing, unpaid and unconverted,
under such indenture shall be Sc
cured under such additional mortgage.
by a lien upon said lines of railroad.
which shall be upon parity with
bonds or other obligations issued
under such additional mortgage and
secured thereby, nor (2) during the
life Of the conversion privilege, issue
any stock entitled to preference or
priority over its common stock;
(c1 To approve the form and terms
of such bonds and of such indenture:
TO authorize the issue and DISPOSE
ton of such bonds: to authorize so
much of such additional stock as
may be required. to be reserved and
set aside and used. togethar with the
uniSsucd remainder Of the common
capital stock as now authorized. |
solely for the conversion OF such
bonds. and to authorize the residue
of said S36,739,7o0 additional. of said |
common stock to be issued from
the exercise of its lawful discretion,
determine:
(d) To ratify and confirm such
action heretofore taken or author
led by said board. in anticipation Of |
such action of the stockholders as
may be submitted to the meeting;
and
(e) To transact-such other business
as may properly be brought before
The stock transfer books Of tho
company viii be closed for said
meeting on the 5th day of April
1910, at 8 O'clock p. NJ and viii bs
reopened on the goth day OF April, |
1910. at 10 o'clock A. NJ.
Dated, Richmond, Va, March IS,
1910.
BY order Of the Board Of Directors.
3 FRANK TRualBULL.
GEO. w. STEVENS. $500
JAS. srEuARr AI ttsE1Esa''
Secretary.