SCHEDULE B, TABLE II Allocation of new general-mortgage income bonds to each present issue outstanding in hands of public and to secured claims (Based on estimated allocation of earnings during prospective normal year and on 1936 contributed-traffic summaries, with approved adjustments) 1 Total of $72,862,719 available for initial distribution equals $80,000,000 (247 I. C. C. 533, 541) less block allotments (lines 4, 7, 9, and 15) and allotment on line 22, totaling $7,137,281. 2 2 percent of column 13, line 1, charged or credited to mortgages at the percentages shown in exhibit 558, after reduction of "General" and "Short Line" debits on account of elimination of "C. R. I. & G.-Extension" (242 I. C. C. 298, 401, and 247 I. C. C. 533, 561-562). 3 Block Allotments: Line 4. On account of facilities at Ardmore (242 I. C. C. 298, 441). Line 7. On account of C. R. I. & G. main-line mortgage bonds pledged under R. I. first and refunding mortgage: 50 percent of principal ($3,392,000), $1,696,000; 50 percent of unpaid interest accrued to Jan. 1, 1942 ($1,831,680), $915,840 (242 I. C. C. 298, 441-442, and 247 I. C. C. 533, 540). Line 9. On account of bonds outstanding and pledged: (10 percent of principal) (242 I. C. C. 298, 442). Line 15. On account of importance as a source of company material and of practical possibilities of severance (242 I. C. C. 298, 442). Line 22. On account of C. R. I. & G. Ry. Co. extension first-mortgage bonds pledged under R. F. C. loans (247 I. C. C. 533, 561-562). Redistributed on account of pledges (242 I. C. C. 298, 442). SCHEDULE C, TABLE I Allocation of new preferred stock to each present issue outstanding in hands of public and to secured claims (Based on estimated earnings sufficient to cover preferred-stock dividends and on 1936 contributed-traffic summaries, with approved adjustments). (Source: Exhibit 557, schedule C-revised, with revisions in accordance with 242 I. C. C. 298 and 247 I. C. C. 533) 10 11 12 P. T. Co., excess income to first and refunding. 13 14 15 16 17 Total, divisions to participate in initial distribution. 18 Percent of total income.. |