The Commercial and financial chronicle (1910) (14763972862)

Identifier: supcommercialfina90newy (find matches)

Title: The Commercial and financial chronicle

Year: 1910 (1910s)

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Subjects: Finance Banks and banking Securities

Publisher: New York, W.B. Dana

Contributing Library: Robarts - University of Toronto

Digitizing Sponsor: Internet Archive

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e for the development of the property, the acquisition of addi-tional lines, equipment and other property, for Improvements, and forthe acquisition or retirement of bonds of subsidiary lines, and to takeup any of the $5,500,000 additional first mortgage 4% bonds whichmay be issued. But to be certified only at an average rate not exceed-ing $2,750,000 In each year. Ao(e.—The company Is to pledge under the refunding mortgage, as addi-tional security, all of the $21,500,000 first mortgage 4s now held as securityfor the two Issues of coll. trust 5s, due May 1911; also the $5,500,000 firstmortgage 4s which are now In the treasury or pledged for floating debt. ItIs intended that the $5,500,000 additional first mtge. 4s which the companyis entitled to receive from the trustee up to and including the year 1913 shallalso be ultimately pledged under the refund, mtge. The refund, mtge willforbid the Issue of any first mtge. 4s aside from this $5,500,000 Jan., 19H\ RAILWAY STOCKS AND BONDS. 125

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126 RAILWAY STOCKS AND BONDS. (Vol. lxxxx.

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1910

University of Toronto

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