Salt Lake Tribune | 1897-06-23 | Page 1 | Colorado Midland Reorganization

colorado midland reorganization now new york june jun 22 tho plan for tin the of the colorado midland railroad company was issued dieul today it contains contal nd a provision for releasing any ehla in of at the consolidated mortgage inon bondholders bond holders upon the guarantee of at the b atchison topeka A santa ve fe railroad COT irmay the li all claims for advances made to tin the COI colorado Orado midland and withdraws any clairn ankh it 11 might make to certain valuable property with respect to which it in IH doubtful or not the midland mort griges constitute a 4 lien the main feature of the th plan Is a car anth IT assessment asae of 13 15 per cent of LIT ahe 0 par slue alu of the consolidated 4 per cent bonda bond for or which will be sliest een first 49 RE at par this it Is expect expected bcd to lo yield enough to supply ilia present cah dementia demands of the property properly prop eily hold erg era or of other first mortgages given li will 1 b asked to accept a 4 per cent bond