The bondholders did not relish it; but he thought it was a good honest word.
To what did Mudge refer, to the stock and bondholders or to the project and himself?
Thus the real ownership of the roads would be vested in the bondholders.
What do you suppose the trustee for the bondholders was doing?
What bothers me is the way the American bondholders take it.
There were some bondholders who said that it was rascally, that they had been boldly swindled.
And all the other bondholders who need the money as much as I do!
The arrangement with the bondholders was known as the conversion of 1846.
But it is said if we use it in this manner we pay a premium to the bondholders.
"Yes—on yours and on those of the other bondholders," he admitted regretfully.