New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-24
Detroit Southern Railroad Co
OHIO SOUTHERN DIVISION
FIRST MORTGAGE BONDS

To Holders Of Certificates Of Deposit Of Cen.
trail Trust Company Of New York issued
under the Deposit Agreement dated No.
vember 3. 1909. and representing Ohio
Southern Division First Mortgage -Four Pes
Cent. Gold Bonds of Detroit Southern
Railroad Company. and to the Holders Of
the said Bonds.
NOTICE is HEREBY GIVEN that the
Committee constituted by the above man.
TONED Deposit Agreement has approved and
adopted a certain Plan and Agreement dated
April IL. 1913. for the reorganization Of thu
property subject 10 the lien OF the above
mentioned mortgage. and that a copy Of SAID
Plan and Agreement has been fled with
Central Trust Company OF New York az De.
positary under said agreement.
over nnety-two per cent. OF the outstanl.
Ing Ohio Southern Division First Mortgaes
Bonds have already been deposited under the
Deposit Agreement. Unless within the perod
OF twenty days from the Arst publication Of
this notice. holders OF outstanding certificates
Of deposit representing ftty per cent In face
amount OF the deposited bonds shall Als
notice In writing with the Depostarv und.p
the deposit agreement that they dissent from
the Plan and Agreement OF reorganization
such Plan and Agreement will be binding on
all holders OF certificates OF deposit all "
whom shall be conclusively and finally
deemed for all purposes 10 have assen,ed 10
the said Plan and Agreement and the terms
thereof. whether they receive actual notice
or not and be irrevocably bound and con
cluded by the same
bof
deposit will be permitted TO share IN the Re-
organization only upon subscribing and pay
ing to CENTRAL TRUST COMPANY OF
NEW YORK. the Depository. at IT'S ONCE No
"a Wall Street. New York City, for the pur-
poses OF the Reorganization. $500 in New
York funds for each bond OF the face value
OF 81. 600 deposited by them, the FIRST install
ment OF 20 per cent. OF the amount pay
able. viz: 500 for each bond Of the face
value OF $1,000. being payable on or before
NAY 10. 1913. and the balance in one or
more instruments az called for by the Reor-
ganiZation Committee. on not less than two
weeks published notice given as provided IN
the Plan and Agreement OF Reorganization
For such payments to be made by deposi'oT
under the Plan and Agreement and IN .S.
pOsitors will be entitled to receive. upon the
completion OF the Reorganization, in cass
the Plan shall have been declared operative
for each 81 900 in cash payable by them
$1,000 in new Adjustment Mortgage Bonds
81 900 in new preferred stock. and 81 900 In
new common stock as provided in tbs Pa,
and Agreement Of Reorganization. Certh-
Gates of deposit must be presented 10 the
Depositary at the time OF the payment OF ms
instruments payable in respect thereof fo'
the appropriate notation thereon Of sucn
payment.
Holders OF bonds who have nor ALREADY
deposited the same under the Deposit Agree
ment may become parties 20 the plan ana
Agreement OF Reorganization by depostns
their bonds I'm negotiable form WIN w
coupon maturing March !. 1917, ana AZ slV
sequent coupons thereto attached with ins
Depository under said Deposit Agreement, On
or before MAY 10. 1913. receiving certhcstss
OF deposit therefor issued under the pepor'
Agreement with appropriate notation snow
ing that the holders OF said certificates heVs
assented TO the Plan and Agreement OF ~
organization. and BY paving To the pepou.
tary the Amounts payable under SUCH fsn
and Agreement. as hereinbefore stated "Nnin
tho times limited for such payment.
Copies OF the Plan and Agreement OF ~
organization may DE- obtained from tne
plsitary or from the Secretary OF tho Co"'
mittee
Dated New York April IS. 1913.
JAMES y. WALLACE.
Chairman
WILLIAM 4. READ.
r. II. ECKER.
Committee.
f Z MOVIE. Secretary.
81 Pine Street New York city.
JOLINE. LARKIN & RATHBONE. cornseI
- Wall Street. New York city.