Sinking fund for railroad bonds and mortgages outlined
The act prescribes serving duplicate certificates to railroad management, creating liens on fund payments, and applying sinking fund proceeds to cancel notes and mortgages tied to Milwaukee and Mississippi lines and related companies. It details lien rates, priority classes, and distribution rules, with publication steps and compliance timelines for participating railroads.
Compulsory Sinking Fund Provisions for Rail Road Bonds
The act requires surrender of notes bonds and mortgages to the board of commissioners in Madison within six months of acceptance. It outlines certificate issuance, series designation, interest rates by issue timing, and annual apportionment of funds from railroads to the sinking fund. It details reporting, transfers, and compensation for the commissioners.
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Railrad
Railroad Company
Ite
Board of Commissioners
Madigan
Milwrukee
City of
New York
Railroad
Orany
Wisconsin
Senate
Assembly
Madison
Board of Commissioners of
Railroad Bond and
Mirtgagza Sinking Fund
Miawison
Aaid Fund
Secretary of State
Board of, Commissioners
Board of
Tha. Zame
Manger
Rntread
Muiney
Eaid
Tsa
Aaid Board of Commissioners
Board of Domiisdoners
United States
Eaid Court
Anid ‘Board of Commmissioners
United States of America
Rocky Mountains
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Mid Commissioners
Madicon
Ale State
Merning
Why the Monitor Did Not Pursue the Merrimac
The article discusses why the USS Monitor did not chase the CSS Merrimac after their March encounter. It explains a Confederate trap at Norfolk’s Elizabeth River and how the Union would have faced near-certain disaster if they pursued.
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Norfolk
Elizabeth River
Aburg Landing
Uoe
Cms
Poe
Rem
Ares Zeller
Donelson
Ken
Fort Das
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Laws of
State OF
Board of Commissioners of the Railroad Bond and Mortgage Sinking Fund
State
Trea
Illinois