New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-09

finaneial.
OFFICE OF THE
Reorganization Committee
or TIE
National Cordaee Company

NN'ioIIOi WI "NOo Voi" P3"y
NOS As AND A. WALL STREET
NEw-YoHK. June -. 1898.
To the 10 dcrs Of the Preferred md Common stock
OF the National Cordaxe Company:
Referring TO the Statcmen, and Plan Of Ecorsanlzlon
addressed you by h.- ton mittee niorsci Circular
No. J." tho Preferred and common Stockholders
by requested Deposit tcr tor5n OF forth
with with the United STATES Trust COMPANY.
no IS Wall Street Ncw.Yofk CITY which Company hs.
ssscei Trustee q the MORTGAGE 1rlng
Bonds issued. and for the deposit OF sccue,
this rcorcaai,at
Copies Of the statement referred to in the foregoing
paragraph are how ady FOR distribution tho oiice Of
tho UNITED states TRUST COMPANY sCd at
The Offices OF undcr'iencd az which places the Re
organization Agreement also BE- and signed.
All Sockhodcr, hereby requested TO deposit their
certificates oi stock, with thc UNITED STATES
TRUST COMPANY. which COMPANY will Issue in cN-
change therefor negotiable certificate, OF deposit,
eNchangcabie within q reasonable for engraved
u1cates.
The payments Stockholders Tor cash contributions
to working capital are TO DO made a. follows:
PREFERRED STOCK.
10 per cent. o. before July 10Th. 1893.
per before August 10th. 1923.
per cent. or before September lOth. 1893.
COMMON STOCK.
pcr cent on or before July 10th 1893.
pr cent OIL or before Angus, 10th. 1893.
Common stockholders who prefer not TO pay cash
contribution, % n working pra. mnke their con-
tribnfon by assigning md delivering &" tho HcorEan-
yation Commiec The Trust Co. crriiiraIes for 500
pnr value OF their respective holdings III common
stock. thus Rs>cniing to the plan by drpo.ing the
balance Of their common stock under the same.
Until and including tho 1ith dizzy OF July. 1873
100000 Of the proposed Issue of per cent
Collateral Trust First Mortgage Tbirty-ycnr Gold
Bonds offered for smbscrDon exclusively 10 Pre-
frrrrd and Common Stockholders OF the National
Cordnac Company. who deposit their shares. mt tn
UNITED STATES TRr>T COMPANY ut the price
of ~ md interest; payments therefor 10 be
made 2J per cent. nj the Time II subscriptions. mud
the balance NJ the rate OF - per cent. per month
thcrc,ncr.
After that DAT, bond, taacn by the Stakeholder,
will be offered to tie public az pi to be hAcd but
los THAI ~ cent. and Interest.
Orthi. Issue Of Bond. 81 900. 600 In aIrcndy been
undcrwrrtcu nj - per cent. for n ) per ceni cash
commission.
Stockholders NOV participate in The Underwriting Of
the remaining a. 100000 II these Bond, uppn the
terms bv applying TO any member Of tho Reorganization
COMMITTEE. provided that no one VIII BE- permitted 10
undcfwriie loo amount chan $1,000 Thr Committee
reserve. The s!ght tn, prl,egc time
and make olotments Tor les than the amount under
written.
Any nlrhcr information in connection with the re-
organya'iou which De desired by the Stockholders
VII bee furnished o. application at tn" Offices OF the
undcr-i eaci or the oricc 4 tho United STATES
TRI>r COMPANY.
Tic undersigned commi:c" hcrs To civ" notice that
a. ,ariol, payments IN uu, purchased 'cdr, az. Oh
which the bulk q the mont ha, ALREADY ben NAH"
40 becoming due. aud Insane, are ar ad}
o,cr!uc. important u Icitt the 'corenl1a.
ton calv cate. that tie iatcies., 4 all co'-
cericd De properly projected
Ce,tfcac~ Of stock. both common nd Preferred duly
indor.rd aud in gofinblc form. mny be deposited
with the United STATES TRi IT COMPANY nt
and receipts will he given Tor the -nme. bmf the
FIRST iI>inmcni for preferred stock need not be
u, ID nnijui, iOih. These receipts have been placed
li-Ic ed of the stock Exchange.
GEORGE {. VI N:OIN. Is Will ~,
I;:>-T TIIIINA\N. SO Wall ~.
GUSTAV ~. GO~>ILR I - Pearls.
REORGANIZATION { Committee. /