Show RYAN RYAN COLE TAKE TAKEI I BONDS Second Issue Is Made to Give Them Larger Stock Holdings Pollock Private Wire Iro Bost Boston n. n April Apri G. G TIme The The present Colen Cole- Cole n Ryan an ownership In Giroux amounts amounts to shares which they timey purchased purchased pur pur- chased from Crom rein lar largo large e stockholders In itt tho the company compan who contributed pro rata at slightly un under er 5 per share In order that they could secure a larger Interest Interest interest Inter Inter- est In tho time property however howe er an nfl issue Is- Is suo sue of or second mortgage o bonds has been authorized by hy stockholders stock stock- holders holders The These e bonds aro are convertible con into stock at al par 5 a a share stock now selling at but do not draw Interest Interest In fact act It I Is not planned to have havo them outstanding but as fast Cast as the tho company compan nee needs s additional funds the Ryan Cole people will wi tal take tako o up these bon bonds s and Immediately convert It into stock Of or the original issue of or first mortgage convertible bonds and andor of or which only were wore taken by bythe bythe the tile stockholders a about out one half one hal or have ha e already been converted into stock and additional conversions are being being mado every ery e day Thomas F Colo Cole Is now In Inspecting the time company's Mexican gold property |