The sun., 1893-07-02
financial.
OFFICE OF THE
Reorganization Committee
OF THE
NATIONAL CORDAGE COMPANY,
NOS. l5 AND Al WALL ST.

NUS 40 AMI - Nhisii
NEW YORK. June ~. 1893.
To the Holders OF the Preferred aud Common stock OF
the National Cordage Company
Referring to the Statement and Plan OF Reorganiza.
tion addressed TO you by this Committee, endorsed
Circular No. l." tho Preferred and Common stock
holders are hereby requested to deposit their Certin
catea OF Stock forthwith with tho UNITED
STATES TRUST COMPANY, No IS Wall
St. New York city which Company hns agreed to
act Trustee of tho mortgage securing the Bonds to
be Issued and the deposit of securities under this
reorganization.
Copies Of the statement referred to In the foregoing
paragraph are now ready for distribution at the office
OF tho UNITED STATES TRUST COM
PANY, and at the offices of the undersigned at
which places the Reorganization Agreement can also
be seen and signed
All stockholders are hereby requested to deposit
their certificates OF stocks with the UNITED
STATES TRUST COMPANY, which Com
pany will issue in exchange therefor its negotiable
certificates OF deposit. exchangeabe within reason
able time for engraved certificates
The payments OF stockholders for cash contributions
to working capital are to be made follows:
PREFERRED STOCK
10 per cent. on Or before July TO- 1893
6 per cent. before Aug. 10. 1893
bper cent. OH or before Sept. 10. 1sv1
COMMON STOCK
per cen. on or before July 10. 1893
g per cent on or before Aug TO- 1s9a
UutiI aud Including the 11th day OF July,
1909, 81. 100000 of the proposed issue OF
per cent. Collateral Trust First Mortgage
Thirty-yenr Gold Bonds are offered for sub
scriptIon exclusively to Preferred and Com
mon Stockholders of the National Cordnwe
Company. who deposit their shares, at the
UNITED STATES TRUST COMPANY, at
the price OF Sd per cent. ana interestB pay
ments therefor TO be made e5 per cent. nc tho
time or subscription, md the balance mt the
rate OF 20 per cent. per month thereafter.
fart hal ia bDni mt q
will be offered to the public at price to be liked, but
not less than 80 per cent and interest
OF THIS ISSUE OF BONDS $4,000, 900
HAS ALREADY BEEN UNDERwRIT-
TEN AT s5 PER CENT. FOR A PER
CENT. CASH COMMISSION.
stockholders may participate in ths underwriting OF
tho remaining 81. 600 600 of these Bonds upon tho
same terms by applying to any member OF the Rsor.
ganizaton Committee provided that no ono will be
permitted to underwrte less amount than $4,000.
Tho Committee reserves tho right to terminate this
privilege any time. and to make allotments for less
than the amount underwritten.
ANY further information in connection with the re
organization which may be desired by the stockholders
will be furnished on application at the ofcss of tho
undersigned. or at the office of tho UNITED
STATES TRUST COMPANY.
The undersigned Committee begs TO give notice that
various payments on mills purchased years ago. on
which the bulk Of the has already been made
are becoming due. and in some instances are already
overdue 1t is important to perfect the reorgan
izaton early date that the interests Of all CON
cerned can be properly protected
Ce. tihcntes Of stock. both Common and Pre-.
ftrred, may he drPositen with the UNITED
STATES TRUST COMPANY Rt once and
% ne SSr
not be paid until July 10. These receipts.
will he placed upon the unlisted department
OF the Stock Exchange ns soon Rs possAbic.
GEORGE G. MAGOUN. 10 wall st.
ERNST THALMANN, 46 Wall ST..
GUSTAV H. GOSSLER, l48 Pearl ST..
Reorganization Committee.