Deseret Evening News | 1905-02-03 | Page 1 | Southern Pacific Plan

I I SOUTHERN SOUT ERN PACIFIC P PLAN nort ngo Four Per le er Cent Bond JOI Scheme Announced Today New Nw York Feb I eh 3 Announcement of ot the Southern Pacific refunding plan wee was 11 made mlle today mis loda Kuhn IAh fk Co Cohl wid hl Speyer A t Co 0 have purchased 47 75 5 of ot first filet mortgage 4 pot PI cent gold Rold bond of ot the Southern R Railroad d company theist the being belne guaran guaranteed teed teel by the Southern compan The total Issue lemue of ot these re refunding r refundIng funding bonds bench Is hut II to tw be 1 end and the bonds hondl will wi mature Jan 1 I 11 with to the company to 10 redeem any or nil all al after Jan Jail I 1 1810 llO at t IM 10 and and ar ito n Interest The bonds be IM se so secured cured by a mortgage which covers practically pC all al the lines of ot the tho Southern Pa ls 11 Pacific cine road In 11 end I Mexico After maturity of or New exist existing Inn ing bonds the bonds will wll wil have haven havea n a first ll ln lien n upon thee lines 1 nel A syndi syndicate 1 Idl cats cate tins has hl tx ben been cn formed It Is III said Mid Id of ot n a I number numb numbe r of or b banks houses houe trust In noun com Cm teatime anti 1111 other financial Institutions A large portion of or the this bonds will wi b boffer bI be beI I offer J abroad abro d J 1 r