File:Outside Evanston Wyoming 1941 (14569547668).jpg

Identifier: belltvol20elephonemag00amerrich (find matches)
Title: Bell telephone magazine
Year: 1922 (1920s)
Authors: American Telephone and Telegraph Company American Telephone and Telegraph Company. Information Dept
Subjects: Telephone
Publisher: (New York, American Telephone and Telegraph Co., etc.)
Contributing Library: Prelinger Library
Digitizing Sponsor: Internet Archive

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Approaching Mountainols Cuuinthy This is typical of much of the terrain which the cable crosses. The view here is westward in the direction of Evanston, Wyo. THE 1941 CONVERTIBLE BOND ISSUE Funds to Provide for Bell Systems Construction Program Obtained by Offering of $233,584,900 of Fifteen Year Three Per Cent Convertibles to 631,030 Holders of A. T. & T. Stock By JAMES F. BEHAN B Y means of a prospectus datedJuly 16, 1941, the AmericanTelephone and TelegraphCompany offered to stockholders forsubscription at par, without under-writing by bankers, $233,584,900 Fif-teen Year 3% Convertible DebentureBonds Due September 1, 1956, con-vertible into stock after January 1,1942, at $140 per share. The bondswill be convertible through 1954 un-less previously called for redemption,but the conversion price and the num-ber of shares issuable on conversionare subject to adjustment in certainevents. Under the terms of this offer,which was in the ratio of $100 prin-cipal amount of bonds for each

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