Analyses of the Railroad Corporations Whose Bonds Are a Legal Investment for Mas
Analyses of the Railroad Corporations Whose Bonds Are a Legal Investment for Mas
Boston Old Colony Trust Company
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These bonds were quoted in 1910 on a 4. 80 basis (bid) 1911 4. 45 December, 1912 4. 25 (asked) These bonds are considered a legal investment for savings banks in Maine, New Hampshire, Vermont and Massachusetts. KNOX & LINCOLN RAILWAY Second Mortgage Currency 5s Series "A" Dated February 1, 1891 Maturing February 1, 1921 Interest payable February 1 and August 1 at First National Bank, Portland, Second National Bank, Boston, National Park Bank, New York, or Treasurer's office, Portland. Coupon bo...nds of $1, 000. Authorized $400, 000 Security: Equity: Outstanding $400, 000 Per mile . . 8, 163 The above bonds are secured by a second mortgage on the railroad and ferry from Bath to Rockland, Me. , covered by the first lien of the Penobscot Shore Line 4s, 48. 57 miles. These bonds were ASSUMED by the Maine Central Railroad Company. The above bonds are subject to the Penobscot Shore Line 4s of 1920. They are prior in lien to the new Maine Central Consolidated Refunding Mortgage which provides for the retirement of the issue.
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