The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-11
Algoma Central Terminals, Limited
TO THE HOLDERS OF

TO THE HOLDERS OF
The Frat Mortgage Five Fer Cent l,n,.yt., Gold rond' o Aiso~. c.s~n,
NOTICE Is HEREBY GIVEN that pu~an, 0 h prcvaons Of ,hs
x a.o%..s central. .G D Ts1n Ss 1.u'. a as,.s n, N. It. Sss s sta ssy sors..s s' an. ' r,ss c.S !,
ran,; Trustee and The Lake Superior corporaton, securing the said bond. .
ss :; s Ss s'; :. street, :. =, an the !, city .. Of sI ,sssH On, :. ..., ON Friday rid y. Is. :.s
s :, : : cs%m,s:.. 4. s:,. If ,ssSss, j, a.. 81: :s' r,ssss " ss's s"s g Of c srsSss-' ,.,, D..s.,.s
holders Of bond. outstanding under the Mor.s.s. an poed Of rrus. dated, h.
eon'.nS. ;S he United %c 's sssssss n 10 re- rag ' .s rt Tss' Company sos S% Tr"s, s.' M. q N.
Railway and Of said Terminal. s%S s't Company S%". ans for, s% IN, %' r... SS%% ot :, ,s ~
Hss's q. ' !. s.a.r -. >, ': nc. 's s. 10, of IN sen% .'i i'm rssS.s ."S Of '' !" %o9s. 81. n
s.peo. ~ m ether. nd I. .~A =. considering n If though, nj. passing
80 e q ' :... ss', y. holders e. On .; ,. ss"ss .. Of; n. . ia; terminate sns sas.'t COMPANY sns. 's' \. S "
''ded In 'he mortgage securing the sam er otherw- of ense,ns the following:
IN n. said scheme Sol mn set" OUT s''s saos Sc scheme he provided s" .mo ons !. ts,nsa m'''
"a, For thu formation o . committee. to b known as tn pondho,dor'
s" %S s%sssn .1s .s : G p az: %' rss;.... sS ' n. a., IN p ss ss :. y M NJ
A s.a., r o., M n, nar :. Williamson ~. "os rsps sa a, T sn "c""
their nume'ro . e.e, .sat,.n.' ems.r. mo-, .,eesa,ns ~. in ~ With tn.
% ssos. .. .s er r.m M G s"ss. s:v, .s ss.n he D. sTn I'M s%. N Interest o ''' Railway
%, 70. III payment Of III. one: ,.Dr .s. !: ;,n, ," Ssa a.
and other e.D.al none o !. Terminals Company n- held by Il. Ts'm@.'
mlnss Bonahoia.r. to tn. nondheldsrs COMMITTEES. h may perm. n
Of a' !. ss GSmS.@ co% |" app. ~ .sS m. % Tarm.n ". , osmrs .S'r soa n. 'r PAYNE. gs p1'o %, ~:
o asSr, psnr cs ne a. :'a !. 0e%nans. 'n r'l Il" s !. a a,.n "%' . ss%sr.s' p r%T ,ss%
' that, said a. n, money! n:t to h S.r s,,.1. tina, hat the h. , ,%" N ma. AZ be " ,ssr"n%'G ,s sF r N, ' N
Terminals company to 'he RaIwAy Company, an suh loan shall n' carry
to h Railway Company.
oo As -on a. practicable. a,sr sch-He become .nsot'y. tor pawn to
for h period from !. ,s Angus. ,',.; to tn. is. Au.as. 1915. N account
" interest u sin aspect Of the eaidr period. tn Railway ompany as a W
men, . .eooun, Of ron. Dayas. under Ii. iea. mad. BY h Terminals Com
.% an s 3. a sss n.r,, . sn %%s.s ss. 10 Terminals snS se .con npsn,'a o @ oa"s' .as .s s1sN p. 'Sna s
of interest
"a, For IN. p.ym.n, o, interest OF III. Terminals bonds a. trom .h. let
Auu',, 1871. and tn. .,n.,ns fnd . tn: Terminals bond, II nd t. III.
r:"e' .y.l.o. for tn Durpo.. perm, Thu. nan. in which .us e.rio,
di-snrs.d 4, between h Terminal, COMPANY and n railway Company, is
R.n.ay bond. n he Terminals. bonds 70 b. esmal.aT. nd 4 earning.
Halfway sons. provided AWAY. ,sa, an.r he i, Aarnr, ,osi; ~ per e.n
Join; ne earnings are sufficient to pay TIL. arm
co. For a. preservation OF ,he guarantee OF II. LAX superior Corpora
lion endorsed upon the Terminals bonds, but no sng q honfh0der so long IS
", .sAap. :S' consent "a"n..s BY " N. sseh " .''"' - '""' WV ""'''
~ For reducing existing Prstorenc" share. o the railway company o.
value thereof n cT..',ns a new ei.,. OF FnSi..ons' Shares ..u. to .H.v
r. ..r 'r' ,. q fs rSs paid S"'' 's ' IS. n n@ms H%' COMMITTEES a%t r., n. eonSaer.,ioa o til.
to M' %s distributed rsa r', shrss.s.nreh. . no o ss- r. %%sS' Company pa s non Gns%s '" ana '. 90.
s na :, to s.M 'ns rsem'e Ia . Committee p m 1hS Sau..' n pa. .sar. TO '' 10. ':s,. ss IN IN +.
rustic. or trustee, IN dstriou,. c.rinc,,e. sh.reunatr
e., For, q. exercise, {, IL vo'," som o". 1ro. n. n, s 1'n onS. .'s Snn ~ ~.
Ineom. Bonds,
nv For h. mobilization o ne '.a.. ss. the Terminals comrany n
uro the. ,on, net. earnings Z. the Companies IA, sn M scheme defined, being
b. "s ossna.n a.. provided in The schsm. ana. = as to proy,s. ,ha, ,h. N,
Committee as provided In Parasraph W OF scheme that III T'mtd''' OF IN:
r-" mail oo % ns .,s "naes until init ".a IN . as r hsp. oo 90 rsnnH' s or s p'e eai.naa ar
east. N acknowledging 'am to % valid nd binding pom d. said com
49, o. 70. :, 81, ,,.ns s:"' =. s y. ,,. ss sss II, n, me s a.: md oman ,'.o.:,' s' =.
criminals. Company o, certain properties At sau' ste Marie s's'0O. and
o. For III. operation o, ~. Halfway and T.-rinal. Companies. und.-
,s hnss.,s by g mmms:. o, y Se'. Ssn . an a . srn,r.' s M1na. nu reprogsa a.. ss =, ..
n. a.'ha,;. Of the ns s,nv.r, u, h, =, ". 1.. c, . y. .'1 1,m", sG',ua,. D, a:
he in,eres, received by IN Trustee o. h bond " Agoma Eastern Ter
mirais Limited during such default
az For N. paym.n of unsecured creditor OF y. Rsussy an TerminI.
companies
(: To sanction ara confirm the easing o., IN properly oc III Terminals
Company to h Railway COMPANY. as set ot In HI .a- made by n FER.
,n,nal. Company tcu he Railway Company and dated tn st day OF November.
the t-rmea and conditions Of the eaid lease a. moitnedh ny III pro.
vision. Of n said Scheme
o To au.hor!ss and instruct ~ Trustee TO wsvs oil existing d.raus,
said MORTGAGE dated tn lat lay Of Novemter Ici2, ad TO pay over to
n. Terminals Company All moneys received W this Trustee urnG such defaul.
by way 81 interest n the bonds Of the Algoms Eastern criminals. Limited.
D. otherwise
Ronahclaers under ths said more~se NJ. may be considered nec-asry by tbs
pendhotders Committee . give full eRec to tn said Schema
S To assent to VI such notifications of thu said Mortgage a. may "a
In he ;udEmsn, OF h Bondhoders connit-. to pr~crvs he right,
ot the Bondhohder against The Lake Superior Corporation. provided tina ~
Bondhoader hail be entitled so ions as he BondhodsrS Cor mint
r.nain-i in existence to take n step TO enforce the guarantee wtlhol; thu
required by TIT Scheme
6 n suthorrs h United States Mortgage an Trust Company, - Triu..
der the said mortgsge, an NJ other necessary or desrahis parties to -N.u'.
q a.d supplement 20 he said morsaee smbodyNg all such moiiacn,ims.
omprouhe changes In additions and to o any and all such things. and %
all euch @mance instruments and documents as may be ne.ssa--
proper in M Judgment f III said Trustee ms tho Bondhodsrr Committee.
to give n enect 10 the said s6eme, With such notifications n an ~ MAY
b. approved b the Hallway o criminals ondhode-. or uy be inposN a. ~
cour,o or hi Parliament OF Canada md TO carry /, ths. resolutions passed
II h meeting Of the Bondholdsrs
REGULATIONS TOR VOTING PRONIEs ETC, MADE By TRUSTEE rvE-
sUANT To SECTION 10 OF sfHEDCLE : or THE MORTG AGE AND
DEED or Trust.
Rexbtered Bondhddes NAV attend he m.suns per~nAn or by prc,y
~ ,hout n reduction ~ their bonds. The bonds may - registered at, a.
u United States Mortgage and Tur Company. 5S Ceda, street Saw
city u & A
or deposit. heir bonds with IN reSpon Snie Bank or Trust Company ~ MI
.- .raN~t ahnwiuH tina nk HI ie fhereOs nm mara th, 80.