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Show 3 rJL " 1 WINDING UP THE DEAL. Oregon Short Line Bonds for North- cm Pacific to Bo Retired. IxEW YORK, Oct. 25. There s reason rea-son to believe that plans have been Inearjy completed for retiring the Oregon Ore-gon Short Line participating 4 per cent tbonds, Issued by the management of the $nlon Pacific 'railroad to finance the purchase In 1900-1901 of S7S.10S.000 of Korlhcrn Pnclflc stock. The latter was exchanged for JS2.-131.S71 of Northern Securities stock and $S,D00,000 In cash. The latter stock was deposited with a trustee as collateral for the Short Line onds. The latter were to draw 4 per Scent and participate In any excess over lihat amount paid by the Northern Securities Se-curities collateral, ft Will Pwetire Bonds. As dividends on the Securities collateral collat-eral are estopped by the order of dissolution dis-solution from the Supreme court, it Is understood that the bonds will be ro-'tlrcd ro-'tlrcd and the Northern Securities stock left free Ir. the Oregon Short Line treasury, treas-ury, so that the bonds may not stand In 'the way of an equitable distribution jYfhen the Securities company is wound lUP. 3Interest payments on the bonds has toecome, since the decision was rendered, ren-dered, dependent on the Union Pacific, shlch guaranteed them Rj Permitted by Mortgage. An arrangement for retiring the ihpnds before maturity In twenty-live ;yeara is permitted by the underlying ;raortcage, which provides that any or all can be retired at 102 and Interest upon three months' notice to holders, before any Interest day. |