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Show BINGHAM AND GARFIELD BOND ISSUE FRIDAY James A- Pollock & Co., bankers and brokers, furnish the following, received over their private wire yesterday afternoon after-noon . At a meeting of the dlroctors of the Utah Copper company held today, It was voted to authorize an Issue of $2.-500,000 $2.-500,000 first mortgage G per cent bonds by I he Bingham & Garlleld Railway company, com-pany, which Is. a subsidiary of the Utah Copper company and is constructing a new railway from the Utah mines to Its mill. Thesis bonds will be convertible Into In-to Utah copper slock at ?50 a. share for a period of three years, beginning July I, 1011. They will be offered pro rata lo holders of Utah Copper of record of June 30, who will have the right to subscribe up to August 1. The entire Issue has been underwritten by Mayden. Stono &. Co. Bonds will be payable In Installments beginning In August. Will be mailed to all shareholders at once. |