New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-07-19
the Proctor & GAMBLE
COMPANY,
incorporated Under the laws Of NewJersey)
SHARE CAPITAL $4,000, 600
e2 500 Shares of per cent Preferred Stock of $40
each.
22,5OO shares Of Common stock of 500 each.

2e,5OO shares Of Common stock of 500 each.
Dividends on :he Preferred Stock will cumulative q.
Der cent per onnum and will De payable lst April and
each year. the first payment being October
1st 1890 Company will receive the profits Of the
business from July lstJ 1890.
IN ADDITION TO THE ABOVE SHARES, 1000
1sT MORTGAGE o PER CENT. BONDS OF $1,000
EACH (S2,OGO,O0O) WILL BE Issued
They are coupon bonds (but the principal may be regis,
tered and bear Interest The six o. cent pr
annum They secured by first mortgage upon al the
real the Company well by cattel mortgage
upon its personal property They are payable IN MY
wears from July st 1890 Interest PAYABLE January LIST and
ulv lst but rcdccmabe At the Conpanys option On
any interest day after the expiration u ten years from July
1st 1890 at 40 per cent upon three months notte.
THE VENDORS ARE TO RECEIVE A. PART PAY
NENT FOR THE PROPERTIES SOLD s3.000.000.
PAR yALJE OF THE ABOVE SECURITIES, OF
WHICH THE VENDORS AGREE To HOLD AND
NOT TO SELLFOK FIVE YEARS s1.OOO,Ooo PAR
VALVE OF THE COMMON STOCK, AND ALSO
CONTRACT THAT DURING THIS PERIOD THIS
STOCK SHALL RECEIVE 40 DIVIDENDS w
TIL 12PER CENT. PER AN>CM has BEEN PAID
on THE REMAINDER OF THE COMMON HTOCh.
The remainder Of the sai shares and first mortgage
bonds are offered seyeFay for public subscription at
PAR.
The payments for each class Of security will be lo
lows:
perccnt.....................o on Application.
20 per cent. ---.-.--.-..-..-..o on Allotment
perc mt August lSoO'
40 per cent september 10Th, 1891
100 per
The instalrnonts may b. paid Up discount a, tn
rate Of ) per cen, per annum
The Allotment will b. made carly possible after th'
Sub.crition Is closed whore It is not Drae
tcaLe TO any allotment the amount deposited on ap
pllcation will be returned a. soon as possible
The right IS reserved rei reduce application
and subscribers to accept such reduced amounts
The failure pay instaHent when due f'Ifei'' all
previous PAYMENT go
after Allotment and Certificates when the payments have
been completed
Trustee, Of the Bonds and Registrar OF the stocks
UNION TRUST CO. OF NEw-Y0RA.
| Transfer Agents! Messrs. A. VI. KIDDER & CO..
New ork.
| soic,,or.. Messr.. ALEXANDER & GREEN OF
! Scw-York.
| Auditors. Mc-.r, DELOITrE. DE'ER,' "RiF'
| FITIIS 4 CO.. London aud New-Sork
Director., WILLIAM A. PROCTOR, JAMES \.
| c,unIF HARLEY T. PROCTOR. DAVID u.
GAMBLE. WV. COOPER PROCTOR, BRIGGS :.
CT NNINGHAM of Cmcinnau' GEo. +. "HANh'
HORACE j. MORSE, WI. l. "'Lhhh l." "' N'"
York.
Application will bo made 70 have THESE a-u''''ea 'i'a
| on the New.YorK STOCK Exchange.
The Company has been formed Tor the purpose of a''
curing and carrying the well known soap candle o''
and cyc,rine manufacturing business q Mssis F'o;F
! Gamble, OF Cincinnati. ONO - 80. ,,...-,
IT H. INTENDED TO CONTINUE THE BUSINESS
! UNDER THE EXISTING STAFF MANA"tNLNl j. \
| MAJORITY or THE DIRECTORS BIN" fAI'4NIlo
| N THE LATE FIRM, AND AT LEAST TWO or III.
| PRESENT ACTIVE MANAGERS OF THE COMPANY
! ATREE TO REMAIN ~ CHARGE FOR FIVE iEAI-S
| OR MORE Al MAXIMUM ACCEPTABLE SAL''''~'
! Not To EXCEED $4,000 PER ANNlN'
The conpanv acquires, fIce Of all membranes al me
-o,o,tv az the vendors used connection with thef sIi
business including real estate property he''dl'a'''
prsiniscs the nN,d plant machinery ana also te -o1"'
NJ the business, including all assets trace ilA' p'-'''
label, and designs relating 70 the S"ot' sou W '
~ rho said business, and Mesrs. Proctor Gamble @hd al
,n nnrs Of the firm agree not " engage III any com'
! petng business 800, ,,,...
! have been valued By
! w J. IIPPINCOrT. Esq, President Clncin'
natl Union Stock Yards.
! W p ANDERSON, Esq NIce'FresdhI
Addyston Pipe steel Company,
I f. BARNARD Esq, President Ohio and MIS-
! s,sippi Railroad Company, ot cincinnati 800
az s. 52j OOO and thu merchandise anu stores OH manu- '
per,onal property owned by said firm at upwards "
! 81 1000. ,...,.....
The company VIII start with 10 outstanding 4so'''-'
! cxcept the bonds above mentioned
TUE uook, OF THE FIRM HAVE BEEN En-
| MINED BY ME~-R-. DEL0irfE Dh' th''
! ct,FFITli. & CO., CHARTERED A'tOtNlANI~
| oE IONDON AND NEW-YORk. WHO FIND THb
Xfr PROFITS FOR THE THREE hEAR> LNSi
PAST TO HAVE BEEN;
FOR 1881 =,
FOR 1851 .--.----' :" Wv, a..
FOR iSS9-8O '''
The increased profits Of last period compared VISA
IN. prr,iou, years partly accounted I'' 10y 90
NJ material, and manufactured goods az the ehi OK INC
| nod IN The San