The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1891-07-18

This Company Is organized under the laws Of
View Jersey. with a capital stock OF o. ss.ooa IN
shares Of 800 each. consisting Of sao.0o Of per
cent cumulative preferred stock. and $4,000
general. common. stock. TO taxa over and carry on
the business. ESTABLISHED IN 1885. Of the IROw
CITY DIRECTORY COMPANY. AMI that EsTAB-
LfsHED IN Is2s. of ROWS PRINTING AND
booKHNDfNG COMPANY. hsresofors two separ.
ate corporations
The former managers continue with the new
company. and. with their associates. retain 10000
Of the common stock
All shares Issued win be hull paid
stock Stockholders Will have no per
sonal liability.
There win be no mortgage upon any of
the property of the company
The company begins business withon<
any debt or liability whatever.
The bylaws provide that no bond OF
mortgage can be created without the
consent OF ninety per cent. of the pre-
ferred stockholders; also that this pro-
vision cannot be altered except by the
like Affirmative vote.
The Preferred stock will be entitled, from and
after July 10. 1891 TO cumu lative preferential dfvf
dehds OF EIGHT PER CENT. L ANNUM, pay
able out OF the earnings Of the corporation. before
any payment Is made upon the General Stock. In
case OF the non pawn ent OF the Preferred stock
Dividend IL will remain. until paid. a charge
against the net earnings OF the Company prior 20
all rights Of the General Stock. The Preferred
stock viii also DO entitled 70 rank against the
property anu assests or the Company IN prefer
encs 10 the General STOCK.
The General stock will be entitled 10 the sur
Plus earnings wnen declared IN DIVIDENDS. after
e light per cent. Per annum upon the Preferred
stock shall nave bee n paid.
a.
able quarterly.
Dividends on the General Common stock viii
be declared and paid at the end Of each nscaI
year. and Iaay be paid more often provided tEe
full dividend for the current year upon the pre-
ferred shares shall be first set apart
DIRECTORS.
ROBERT ". SMITH. President. New York
EDwARD LANCE, Vice President and treasurer.
New York;
FRANCIS B. THURBER. President Thnrber,
WhyIEnd CO, New York;
ALFRED C. CHENEY. President GsrneId National
Bank. New YORK.
ROBERT J. DEAN Of R J. Dean & Co, Ranksrs
New York.
FRANKLIN ". HOPKINS of S V. white & Co.
BankerA New York.
H BATES. superintendent Trow CITY
Directory. New York.
Application viii De made to list the securities OF
his company upon the New YORK stock kxcn anse.
EXTRACTS FROM STATEMENT OF THE
VENDORS.
The business OF the ROW CITY DIRECTORY
COMPANY. now carried on In is building corner
OF University Place and Eighth Street was esEaD-
lshed IN Ils6, on hundred and nve years ago.
Ithas published lne New YORK City directory an
nualiy ever since. with a continuoas profit.
Ihe business OF TROw's PRINTING AND ooK
BINDING COMPANY was established In the year
is23 and its capacity as a printing and boakbind-
ing establishment is the largest. and It's plant one
Of the most perfsct in the United States
The property conveyed to the TRow DIREcTo-
ny. PRINTING n BooKBISDIsG COMPANY Is
described In the prospectus. to which reference
Is invited for the details Of its description and
value. It embraces the real estate. Nos. ~. al. ~.