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Show 'rtrK1 KuPlaa fr Rotirin& Bonds. t sf ill rctir ihl'!! havo formulated a 3m Kiff ,n.Sreson Short L,no aml LJSB-Tw- v.J'0,11 as announced laat WftM a madnS(l1 "? ?f,.lclnl announce rtJi" tW, , hD, mortgage was nu-rjjMS nu-rjjMS "J n,:" 'lie hondH probably wIP lw retired In February, at the time when the next coupon Is payable. In order to retlro tho bonds on that date It would be necessary to notify tho bondholders by November 1, an the mortgano provldeo that the bonds can be retired at 102". upon notice to bondholders three months befora 5ny Interest day. The object in retiring tho bonds which were Icsued to the amount of $$2,191,00) Is to remove the 'encumbrance thot locks Up the Northern Securities stock In the treasury of the Short Line. Tho holdorr. of bonds also would be able to call for part of dividends from Northern Pacific In excess of -1 per cent on tho bondn. They wcro originally tesucd to finance tho purchaso of Northern Pacific stock ln 1W1. |