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Show REORGANIZATION OF ' THE MOFFAT ROAD i Denver, Colo., Sept, 9. Contracts providing for the reorganization of the Denver, Northwestern & Paolflc railroad rail-road woro signed In Now York this afternoon, in which Now man Erb and I a New York syndicate will take over jf the control of the road. Under tho terms of the agreement tho Now York syndicate will get ol H per cent of the stock of the new com- H pan, which will tako over the prop- H erty at a foreclosure sale. H Tho bond Issues of the new com IH pany will be for $25,000,000. Of that H amount. $7,500,000 will be issued at ll once. The holders of the $3,500,000 ll notes will receive $1,200,000 of the H new bonds and will surrender thn H notes and the $8,000,000 in bonds held .1 as collateral security. 1 Mr. Erb and his syndicate, including flH the local men. will tako $1,250,000 of VH the bonds. Il The district court will be asked to H authorize an additional $300,000 In re- H eclver's certificates, to bo Issued fo" il improvements. H |