Show NUS C II i Q Authorize a Now So Issue of or to Fund rund Debt New Neus York April 6 Directors of the tho Chicago Burlington Quincy railroad have hlo Issued new bonds betide aggregating which will be bo used according to the Herald to fund the tho floating debt and short hort term obligations of tho the com corn company compan pany pan Incurred In making general Im ini Improvements during the tho last two years eRr eRrA A part of the bonds bom also Ilso will be used for Cor the purchase o of or equipment Tho The now lactic Issue will isili bear interest at atthe atthe atthe the rate of 4 per 11 r cent and Is understood to be secured by b the Ihl Illinois divisional mortgage This was wall made In lii UM 1812 nut and the total authorized Issue ItI of bonds secured by b It Il aggregates Of this amount already hive have been Issued and Ind bear Interest at 34 3 per cent The Time bonds may In 11 bo be redeemed on any Interest day after July 1 I 1029 at par und and accrued l Interest for far nil all bonds bear benr bearIng lag Ing Interest at nt a ales less lean rate than 32 3 per percent percent cent edit and at 05 and accrued Interest for all 1111 bonds hand A at a n rate ra to not less le s than 3 vcr per percent cent rite Tho mortgage subject ct to tho the 1003 1101 con ache HOS 09 which vera extended last summer U Is practically a blanket mortgage mort gag upon all nil of ot the tie Burlington system t am east of oC the Mississippi river Including the tha Chicago go terminals Arrangements love have hn been heen made mado for tor forthe forthe the sale all of all the time entire issue to bankers here |