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Show THE A. T. & SANTA FE COMPANY. The Usual Dividend of One and a Half Per Cent. Constructing the . Chicago, Kansas & Western. Boston, J anuary 6. The Atchison, Topeka & Santa Fe Railroad directors met yesterday morning and declared the usual dividend of IK per cent., payable February 15th. The company has issued a circular notifying stockholders that certain lines in the State of Kansas have been aoquired, which the managers believe will be self-sustaining from the start." The total mileage which it proposes pro-poses to construct (work on some of the roads having been commenced alreadv) ia about 450 miles, and the estimated cost is $6,300,000, toward which there will be local aid to the extent of $700,000, leaving $5,600,-000 $5,600,-000 to be provided. The Atchison,Topeka & Santa Fe Company has agreed to construct and equip about 450 miles of the Chicago Kansas & Western Railroad, on certain conditions. The directors direct-ors have decided to offer first mortgage and income bonds of the Chicago Kansas & Western to stockholders in blocks of $1,000 each. All subscriptions must be served at the office of the company in this city before January 23d. For each $1,C00 cash,-the Atchison Company will deliver $1,C00 first mortgage 5 per cent, gold bonds of the Chicago Kansas & Western Railroad Company, having forty years to run, interest payable half-yearly, the principal and interest being guaranteed by the Atohi-eon,Topeka Atohi-eon,Topeka fe Santa Railroad Company, and $501) of the same company's currency 6 per cent, income bonds, having forty years to run. Ten per cent, must be paid in cash on notice of acceptance of the subscription, 10 per cent, within thirty days thereafter, and the remainder as called, but not to exceed 30 per cent, in any one month. |