The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-12-14

To Holders OF Certificates OF Deposit OF
Metropolitan Trust Company, issued
under Protective Agreement, dated
September IA, Ia0S; md
TO Holders OF First Preference Income
Bonds of the nbovc Railway Com
pany:
An offer has been made to the undersisn-
cd Committee to purchase the First Prefer
encc Income Bonds OF the Railway Com
pany. now deposited under the Protective
Agreement, and also such additional bonds
as may be deposited with the Committee
as hereinafter provided. The purchasers have
asreed TO pay a portion OF the expenses ano
disbursements of the Committee, and tho
sum Of s!.0is.15 for each OF said bonds, with
all unpaid coupons or interest warrants ut
,ached. being $3.50 for the principal OF each
bond. S5%.I6 for interest heretofore unpaid.
ard SO Tor Interest from October /. 1911 TO
December -, 1911.
Each member Of the Committee and other
holders OF large amounts OF the ccrtlficates
outstanding have already accepted the said
offer, and the Committee, by unanimous
vote. recommend TO all certificate holders
tho acceptance thereof.
In order TO afford to all holders of Firs,
Preference Income Bonds an opportunity to
share In tho benefits of said offer. said
ponds with .nil unpaid coupons or Interest
warrants attached will be received By the
Metropolitan Trust Company. No. 10 wall
Street. Borough of Manhattan. City OF Now
York. for account OF the Committee until
and including December Is. 1911 upon pay
mcnt OF the sum Of so per bond to sold Mo
tropolitnn Trust Company for account OF
the expenses OF the Committee. being tho
amount fixed by the COMMITTEES as the
terms upon which such bonds will be receiv-
ed
Holders OF said bonds who shall deliver
Same to said Metropolitan Trust Company
for account OF the Committee and make
said payment oil SD per bond above pro-
rided. and holders of Certificates Of Deposit
ot Metropolitan Trust Company who desire
TO sell tho bonds represented thereby,
on OR IRioK TO DECEMBER %. 1911.
VIII receive from said metropolitan Trust
COMPANY upon delivery OF their bonds In
negotiable form aforesaid or upon sur
render of their certificates In negotiable
form. the said OF fl.o.ST6 pcr bond
less the sum OF SIC to be retained subi.ct
to the order OF the COMMITTEES to be applied
On account Of iia expenses and d!sDurse-
mcnts
Any holder OF said Certificates o, pcposi,
VINO does not desire To- avail himself OF said
"ier may withdraw the bonds represented
thereby. mon surrender OF his certificates
In negotiable form, provided thoro shall
nave been paid upon said certificates tho
sums heretofore called by tho Committee,
ana upon further payment to saId Metro
noliihn Trust Company. for account OF the
COMMITTEES. OF the sum OF ti0 for each bonds
represented by such certificates being such
holders share Of the expenses and dgshur,c
inenis hSed ny the Committee
Pursuant TO the power and authority
Vested IN IT, the Committee has requested
TO be instituted by ii against the Rajiway
Company, and has Withdrawn ,herefrom.
as the Committee has accomplished Its
purpose OF protecting the interests OF its de-
pos!tors. notice is hereby given. pursuant l.
the provisions OF the Protective 4 Agreement
mat the Committee has elected TO termi-
nate said agreement as or February %. loie
Dated December IL, 1911
r. WALTER LEIGH,
Chairman,
FREDERIC WIN. SCOTT, committee.
WALTER T.. GARDINER
MN. y. COHEN.
ALFRED \. COOK
SAMUEL Il. ADAMS
Counsel.
JOS. 6. DALE. Secretary
81 William street Eow York