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pippi 1 fr Ml 1 '* 'CM of 2nd Vice-Prest ^ I 1 1911 mxsmmm ip tii WSUms OF OS MM 1SSSN). UM AlOKip ft S' Mxm®m oteiif* iff At n aeotiag of tli® Ebnoofttlvo Ooanlttoo of tot hold on Mmmej IS* 'X9Wt at too off&oe of Kr»l!«fi«BEarr±mi ta S#w fork 01%, th® w#y© present:- Kmnuhi »t * 4,0 * IPE*lairrlJwm.f Mr* L* U*OomoIX •« afpolatoA t# fe* the of fch* $see<mtiv© Comlttoe. 1* ffe® oubjoot of tli# ««§« of tfeo Its® of tbs 0®Xtoot® § Piooho Railroad < ©sj^rf to tld* ooaguiTqr wat otao Morod estd I - wa® determined that this wwUft pay toy all of tbo mllaial waft properly of tb* tallest* & .Hoots* *iI ?©*X tanguy upon a romance thereof to this ®e»pMay the cmn of §550,000.00 in bozxde issued or to be lamed wider tfea First Mortgage of this eoigp&ny and ia parmano* to it* terms* fhe said toad* or© to be &ccopied by this ©oap&ay fron the Calient© ® "ioofc* Railroad flc«spaiiy in papaeat of it® indebtedness &o4 obligation® fit |M# oe^najr; -.a I 0- vt of title the Qallante .% Oeilesad to ;muM5 all of I le outstaadiag ertiil.iatts of caplt^il *to*sc itiiift If it iad tfc# right to subscribe for 11# 'aafitml stoob to M aislfiatl, to this toiijiimf1 or to it® order, ffee C&liertt® & Piooh® Railroad uo^pajoy ahull fe*T® tho right &nl ha tiouM fa pay its laiofefe&ae®* to th# 3aa -odro Coapa^y by de­livering to it met the said 050 hoala la payisoat thereof* t%> Board® of Director® of both donpanie* arc retacstsi.