Show TO TAKE TAK UP OLD BONDS BONS by h Salt Salt City CIt llull load rond to be Redeemed A notable financial transaction of lo 10 local local cal interest Into ret is sot for tor Jan 1 viz tho the payment of 1000 first mortgage bonds issued In 1893 by b tho the old Salt Bait sH Lake Lako City Railway company compan of at tho time 1020 series seles that Is payable able on call cal on and after the time expiration of at 10 years from date dale of at Issuance I and before the expiration of 20 years bearing Interest at 6 per POl cent These bonds were em s sold old mostly to D H Rollins Son Soil time the well wel known bond and security dealers of Now New York Boston D ston and Denver though quite a I lot were sold old to parties In this thi city elt for Investment Investment Payment will wl bo be made in New Ness York on tIme the redeemed red emed bonds by b the Harrl Harri Harr man interests Interest of the to with six months monts Interest tho the only ani transaction here hore being time the matter mater of ot a little book bookkeeping bookkeeping bookkeeping keeping by the auditor of ot the Utah Ut Light Railway company compan Tho Time oc occasion casion of ot the time issuance of the time bonds was the time necessity of or raising money to meet its is share of expense in the paving of at Main street str t also for the pur purchase purchase chase of new ne street cars and for lay hay ing In new track There was wa no trouble In marketing the bonds as ns the prop properties properties erUes of oC the company were ample se so security CUI and since then tho time payment of the time Interest has hns been promptly prompt made making investment In these bonds a profitable one When the time Harriman l In acquired the time street railway SI tem of this city all al the time liens len and obil obligations of oC the old organization were of course coure assumed and these are being bein cancelled est cst canceled account thus reducing quite quie an aim Inter Interest |