New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-03-02

BANKERS,
New-York and Chicago,
nm AUTHORIZED TO OFFER FOR sUBsCRIP-
A Ann THE UNCONVENTIONAL SECURITIES OF
| THE
| AMERICAN SODA FOUNTAIN CO.
incorporated under the laws of the State OF New
Jcrsey)
CAPITAL STOCK, $3.50, 900,
DIVIDED INTO
| t. 500 SHARES FIRST PREFERRED
CUMULATIVE PER CENT STOCK.
| 10. 500 SHARES SECOND PREFERRED
CUMULATIVE PER CENT STOCK.
| 300 SHARES GENERAL COMMON STOCK
PAR VALUE OF ALL SHARES. 300
dividend. on the first and second preferred stock
will he payabie In February and August Of each
| wear. Dividends on the common stock will be de-
clared and paid only the end Of each fiscal year.
AMOUNT OFFERED.
Ope.balf of each Ofthe above Sc
curities is oGerdt for public subscrip-
ton at par.
Subscriptions will be payable as follows
| 10 PER CENT ON APPLICATION
| 30 PER CENT ON ALLOTMENT.
| 30 PER CENT MARCH 49, 1891.
| 30 PER CENT APRIL 0, 1891
THE SUBSCRIPTION LISTS WILL RE OPENED
SIMULTANEOUSLY AT 10 O'CLOCK A. NJ On Mon
DAY MARCH o. 1891, AND WILL CLOSE ON Or BE-
| FORE O'CLOCK p. NJ. on WEDNESDAY, MARCH
| II 1891 AT THE OFFICES OF
~. white e. Co., 80 Wall ST., New York, and
4 sherman ST., Chicago. Ill.
| Chatham National Bank, New-York City,
blackstone National Bank Boston.
| Metropolitan National Bank Boston.
| National Bank of the Republic, Phila.
| Northwest National Bank, PhiIa.
| First National Bank, san Francisco, Cal.
| John ii. Matthews, 1913 East 26th St., N.Y.
| James w, Tufts, Boston or New York.
| Charles Lippincott, Philadelphia or Chicago.
| Alvin ID. Puffer, Boston or New-York.
From whom prospectuses and forms of application can
| be obtained.
All shares issued will be fLpaid stock Stockholders
| will have personal liability
There Is no mortgage any property OF the company
and the bylaws provide that bond mortgage can DC
created without the Of ninety cent OF the pre-
ferred stockholders ard that this provision cannot be
| altered except by the like affirmative vote
This company is formed to take over and carry on the
business OF manufacturing soda and
lilies as hitherto conducted by following establishments
The Firm of John Matthews, N. Y
Establi.be d 1892
A. D. Puaer & Sons Mfg Co., Boston.
| Established 1912.
James w. Tufts, Boston.
Established 1853.
Charles Lippincott & Co., Phila.
| Established 500.
The business transferred in each Is taken over
from January l. 1891. The company has no debts or
liabilities OF any description whatever except obligations
necessarily incurred in the conduct Of business since that
! date.
Registrar of the stock.
BOSTON SAFE DEPOSIT AND TRUST COMPANY,
BOSTON.
| Transfer Agents 10 New-York.
MESsRS. s. v. WHITE CO.
| Auditors
| HART BROTHERS. TIBBETTs s. CO.. LONDON AND
NETWORK.
| Directors.
| JAMES w. TUFTS President
| ALVIN D. PUFFER, First Yice-President.
| ALFRED II. LIPPINCOTT, Second YieePresident
| JAMES n. NORTH Treasurer.
| IouN II MATTHEW'S Of the firm Of John Matthews.
| FRANKLIN w. HOPKINS, OF the firm Of S. " White
| & Co., bankers.
| WALTER S. BLANCHARD, President OF the Metropou'
tan National Bank. Boston,
| JAMES w TUFTS JAMES N NORTH, ALFRED IL.
| LIPPINCOTT, f. HAZARD LIPPINCoTT, DANIEL j.
| PUFFER, and LUTHER w. PUFFER.
Each and every of the present vendors, whether
cnployed In the new corporation not so employed
have signed not TO engage or compete In any
| similar business
| STATEMENT OF VENDORS.
| Nature Of BusIness-The business Of th,se concerns
consists and sale of saltwater appara
tus and supplies bottIng machinery in all It's branches,
in which department of industry they constitute tho prn-
| cipal establishments in the world
Property Conveycd.-The property conveyed consists
OF real estate and clear Of membranes the entire
manufacturing plant each of the several their
large stock goods manufactured and in process of
manufacture materials, machinery appliances OF all de-
scrpon lettersp Of the United States the num-
Der Of more than hundred and forty and the good
will Of all old concerns bills receivable held by the
several vendors also included to the amount OF
oo0 The payment Of each Of these is guaranteed
10 the company by the vendor in whose business 1t org
mated and working capital will thus DO provided equiv.
alent TO 100000 in money.
| The property conveyed to the company may be thus
| summarized:
Zeal Estate S147.S697S
stock hand Cost. 1,352l3O2x
| llauufacturing Plant, ut much below
2OO,OOVOo
| working Capital to BIO provided as
above 0OOOO0O0
sS2OO0OO 90
The above includes nothing for the patents by which
the goods manufactured by the retiring firms protected
the goodwill which, With respect 70 each concern
represents continuously successful Sus1es career e3
the other two fol considerably more than quarter