The sun., 1893-07-01
RnHueial.
OFFICE OF THE
Reorganization Committee
OF THE
NATIONAL CORDAGE COMPANY,

NOS t5 AND ~ WALL ST.
NEW YORK, June a. 1893
To the Holders the Preferred and Common Stock Of
the National Cordage Company
Referring to the Statement and Plan OF Reorganisa.
tion addressed to you by this Committee endorsed
"circuiar No. l." the Preferred and Common Stock.
holders hereby requested to deposit their Certin
Gates of Stock forthwith with the UNITED
STATES TRUST COMPANY, No IS Wall
st. New York city. which Company has agreed TO
act Trustee Of the mortgage securing the Bonds TO
bo issued and for the deposit Of securities under this
Reorganization
Copies Of the statement referred in the foregoing
paragraph ready for distribution at the ONCE
OF the UNITED STATES TRUST COM
PANY, and at the onices of the undersigned, at
which places the Reorganization Agreement can also
be seen aud signed.
All stockholders are hereby requested to deposit
their certificates OF stocss with the UNITED
STATES TRUST COMPANY. which Com
pany will issue in exchange therefor its negotiable
certificates Of deposit. exchangeabo within reason
able time for engraved certificates
Tho payments of stockholders for cash contributions
to working capital are to be made as follows,
PREFERRED STOCK
1oper cent on or before July 10. 1893
5per cent. on or before Aug. 10. 1893.
bper cent. on before Sept. 10, 1901
COMMON STOCK.
per cent on or before July TO- 1893
5per cent on or before Aug. 10, 1893
Untii and including the 1th day or July,
1893, 100000 OF the proposed issue OF o
per cent Collateral Trust First Mortgage
Thirty-year Gold Bonds offered for sub
scription exclusively to Preferred and Com
mon stockholders Of the National Cordago
Company, who deposit their shnres, at the
UNITED STATES TRUST COMPANY, at
the price OF sS per cent. ana iuterestt pay
nents therefor TO he made rs per cent. mt tho
tine Of subscription, and tho balance at the
rate of SS per cent. per month thereafter.
After that date bonds not taken by the stockholders
will be offered to tho public at price to be nxed but
not less than 81 per cent and interest,"
OF THIS ISSUE OF BONDS $4,000 900
HAS ALREADY BEEN UNDERwRIT-
TEN AT AZ PER CENT. FOR A PER
CENT. CASH COMMISSION.
stockholders participate in the underwriting or
the remaining 81. ooo. 900 OF these Bonds upon the
same terms by applying to any member Of the Reor.
ganization Committee provided that no ono viii be
permitted TO underwrito q less amount than 5000.
the Committee reserves tho right to terminate this
privilege at any time. and to make aotmsnts 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 offices of the
undersigned. or At the office OF the UNITED
STATES TRUST COMPANY.
Tho undersigned Committee begs to give notice that
as various payments on mills purchased years ago on
which the bulk Of the payment has already been made
are becoming due. and in some instances already
overdue It is most important to perfect tho rsogan
ization at early date that the interests OF all
cerned can be properly protected.
Cc't ihcntes OF stock. both Common and Pre-.
TxTEs1 nay fTHrs n 0SDMrxNhi! !ss -. oSc. ana
receipts will be given for the same, but the
hrst instnllmcnt Tor ne W pre- fe rre d stock need
not he paid until July 10. These receipts
will he placed upon the unlisted department.
of the stock Exchange sOou possible.
GEORGE G. MAGOUN, IS Wall st.
ERNST THALMANN, 4o Wall ST.,
GUSTAV Ii. GOSSLER, 1As Pearl St,
REORGANIZATION Committee.
I l. I. X. and N. LAND LIST.
lie ". NJ DURHAM. Banker Momence Ill