*Sinking fund $100,000 per year; commenced 1882; also gross receipts from sale of land. +Sinking fund commences 1898, $20,000 per year. These bonds to be called, and new Southern Pacific Railroad 50 years 5 per cent bonds issued in exchange therefor. Matured interest coupons unpaid, including coupons due December 31, are paid by lessee. Total...... As the first mortgage bonds are a lien upon the lands granted by the United State Government, the amount of bonds per mile of road cannot be stated accurately, th amount constantly varying. |