Salt Lake Telegram | 1911-04-08 | Page 9 | How Gould Lines Will be Financed

Il Ill l U W GOULD cop urn LINES ill BI BE fiNANCED Fig ue-b ue Deutsche who have liate e no now secured a ant ot voIce dIce In Missouri Pacific Den Den- L' L lilo ti Grande Western Pa Pacific Walid Wa Wa- lid iid md I Pi Pacific d lind read ready at ne financial machinery to Orr und for far additions says ays II the Now New York w of C th the HORton News Bu- Bu Bu of r Tex TC Texas H So Pacific cb D under federal charter I require consent of or congress re- re all companies have compre- compre ot t lh scheme of or financing under wayOn way On July 1 1906 Wabash underwent a reorganization and a authorized I nut first refunding and extension To Jun June 30 1910 f thue e bonds had been Issued The rhe au- au issue provided for Immediate Issue of to toMe Me litre d debentures lt 8 and to bo be for refunding or 01 retiring exist exist- u mt obligations The balance I 11 8 II li to be te u m used ed d for tor ments and andr r lie ln 19 1905 5 Denver Den Rb Ro Grande GrAnd executed i Brit and refunding mort mortgage to secure IUM J bonds bends of or which ems 15 u to b to he r reserved to r retire JUre underlying endi m l and to b ff bm i available for tor 1 her tb er r purposes Of OC the he latter hatter Cal II re reserved eneli 10 to acquire second mort- mort rIp bonds bond of or Western P Pacific and 37 Ww for tor general corporate purposes On June 20 30 o 1910 1210 was ilK On September r 1 I. 1909 Missouri Pacific cute a first and r refunding mort mortgage aJ a convertible bonds I if this amount S i IP If reser reserved ll to eLis out outstanding l Issues sulI is for Improvement improvements and Q W to 5 per cent Improvement cords r. r of or st St. Louis Loul Iron Mountain lount Only J of ot these bonds has hils been which 11 was used to pa pay payl l debt hut hill not le hess than w WM wu to be deposited und under r the tho Eli ant and to bo ho r paid ald out b by the Mi-i Mi I I to reimburse the th company compan for expenditures I after date of or the tho rt o hi hirt was wa reserved to purr pura pur pur- a jike amount of or Iron Mountain SS r rz bon bonds and was Tas I for r Improvement l nt TC TOI th r th the e p. p f properties ha have f 11 an n C reat fat authorized d Issue of or ads I of which total was wason t on June Jun 30 last lut