OCR Text |
Show TO REDEEM SHORT LINE BONDS AT A PREMIUM Holders of Four Per Cents Notified That Interest Will Be Stepped After February 19, 1905. NEW YORK. Oct. 29. The Oregon S-'hort Line Railroad company has formally for-mally notified holders of the 4 per cent - i'urticipating bonds that it has decided to redeem those securities at their face slue and a premium of 214 per cent nd accrued interest and dividend payments pay-ments on February 19, 1905. after which date interest and dividends , will 'no longer accrue. Referring to the notice of the Oregon Short Line road, Kuhn, Loeb & Co. offer for each $1000 par value of participating bonds temporary certificates of the Oregon Short Line road 4 pfr cent refunding twenty-flve-year-old gold bonds for J1000 in coupon form. tN 'ncipal and interest being uncomiir' guaranteed by the Union 1 Uuilroad company and offer fuii. ii. lo pay to holders upon such exchange $77.50 per bond in cash. The new 4 per cent refunding twenty-five-year-old bonds are to be dated December De-cember 1, 1904,- payable December 1, 1909, and to bear coupons for semi-annual interest from December 1, 1904, and to be redeemable at 102V4. |