New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-20

To Holders Of Certificates Of Deposit Of Con-
trail Trust Company Of New York issued
under the Deposit Agreement dated No.
vember 8. 1909. and representing Ohio
Southern Division First Mortgage Four Per
Cent. Gold Bonds OF Detroit Southern
Railroad Company, and to the Holders Of
the said Bonds.
NOTICE Is HEREBY GIVEN that tn.
Committee constituted by the above men
toned Deposit Agreement has approved and
adopted certain Plan and Agreement dated
April H. 1913. for the reorganization OF the
property subject TO the lien OF the above
mentioned mortgage. and that a copy OF said
Plan and Agreement has been filed with
Central Trust Company OF New York as De-
positary under said agreement.
over ninety-two per cent. Of tho outstand-
Ing Ohio Southern Division First Mortgaz.
Bonds have already been deposited under tn.
Deposit Agreement. Unless within the period
Of twenty days from the first publication OF
this notice, holders OF outstanding certificates
OF deposit representing fifty per cent in fac.
amount OF the deposited bonds shall rls
notice in writing with the Depository under
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 Of
whom shall be conclusively and finally
deemed for all purposes to have assented 10
the said Plan and Agreement and the terms
thereof, whether they receive actual notice
or not, and be rrevocably bound and con-
cluded by the same.
Bondholders and holders Of certificates ~
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 its ONCE, No
- Wall Street New York City, for the pur-
poses OF the Reorganization. $500 in New
York funds for each bond OF the face velus
OF 81 900 deposited by them, the first install
ment OF 90 per cent. OF the amount so pay
able. viz: 800 for each bond OF tho face
value OF $1,000. being payable on or befor.
MAY TO- 1913, and the balance in one NJ
more instalments as called for by the Reor-
ganization Committee. or not less than two
weeks published notice given as provided IN
the Plan and Agreement OF Reorganization
For such payments to be made by depositors
under the Plan and Agreement and in ex-
change for the bonds deposited BY them. do
positors will be entitled TO receive. upon the
completion OF the Reorganization. in case
tho Plan shall have been declared operative
for each 1000 in cash payable by them
81 900 in new Adjustment Mortgage Bonds
s.. 600 in new preferred stock. and s. 900 n
new common stock, as provided in the Plan
and Agreement OF Reorganization. Certih-
Gates OF deposit must be presented 70 the
Depository at the time OF tho payment OF The
instalments payable in respect thereof Tor
the appropriate notation thereon OF such
payment.
Holders OF bonds who have not already
deposited the same under the Deposit Agree
ment may become parties to the Plan and
Agreement OF Reorganization by dep0stiug
their bonds in negotiable form with the
coupon maturing March ], 1912. and all sub
seouent coupons thereto attached with the
Depositary under said Deposit Agreement on
or before MAY 10. 1918. receiving ceruncatrs
OF deposit therefor Issued under the Deposit
Agreement. with appropriate notation SHOW
ing that the holders OF said certificates have
assented 10 the Plan and Agreement or re
organization, and by paving 20 the Depoei-
tary the AMOUNTS payable under such pan
and Agreement as hereinbefore stated within
the times limited for such payment.
Copies OF the Plan and Agreement or Re
organization may be obtained from the De-
positary or from the Secretary OF the COM
mittee. -
Dated New York April Is, 1918.
JAMES n. WALLACE.
WILLIAM A. READ,
L. II. ECKER.
Committee.
F F. MOVIE. Secretary
81 pine street. New York City.
JoLINE. LARKIN & RATHBoNE' Counsel