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Railroad Reorganization

Note 150 — Chapter II · ERIE

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The following was the rate of exchange of Erie securities for New York, Pennsylvania & Ohio securities on payment by the latter of $12 per new share:

Old securities in amounts of To be exchanged for

Prior Lien Bonds 1st Pref. 2d Pref. Com. Stock

1st mortgage, $5,000 $1000 $500 $100 $750

2d mortgage, 500 100

3d mortgage, 1,000 100

Pref. Stock, 6,000 100

Com. Stock, 10,000 100

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