The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-07-04
5inanriaI.
OFFICE OF THE
Reorganization Committee
OF THE
NATIONAL CORDAGE COMPANY,
NOS. Is AND Al WALL ST.

NOS. Is AND a. WALL ST.
NEW YORK, June ~ 1893
To the Holders Of the Preferred and Stock OF
the National cordnso Company
Referring to the Statement and Plan OF ReorganiEa
ton addressed to you by this Committed. endorsed
Circular No. l." tho Preferred and Common Stock
holders hereby requested to deposit their Certi
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
be issued and for the deposit OF securities under this
reorganization
Copies of the statement referred to in the foregoing
paragraph are ready for distribution at the ONCE
of the UNITED STATES TRUST CON-
PANH, and at the ofices Of tho 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 tho UNITED
STATES TRUST COMPANY, which Com.
pany will issue in exchange therefor its negotiable
certificates of deposit sxchangeabs within reason.
able time for engraved certificates.
The payments of stockholders for cash contributions
70 working capital are to be made as follows'
PREFERRED STOCK.
10 per cent. on before July TO- 1893
bper cent. on or before Aug. 10. 1893
bper cent. on or before Sept. 10. 1894
COMMON STOCK.
bper cent. on or before July TO- 1898
8 per cent on or before Aug TO- 1893
Until aud Including the 11th day or ,Juiy,
1907, oS,OOO.o00 OF the proposed Issue 81 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 Cordage
Company. who deposit their shares, at the
UNITED STATES TRUST COMPANY, ut
the price OF sS per cent. ana interestB pay.
nenta therefor to he made e5 per cent. at the
time or subscription, and tho balance at tho
ratio of 20 per cent per month thereafter.
q Stakeholder
viii be offered to tho public at price to be nxed but
not less than So per cent and interest.
OF THIS ISSUE OF bonds 08,OO0.oO
HAS ALREADY BEEN UNDERWENT.
TEN AT IS PER CENT. FOR A PER
CENT. CASH COMMISSION.
stockholders may participate In the underwriting
tho remaining $2.oooo 900 of these Bonds tho
same terms by applying to any member OF the Rsor-
ganization Committee. provided that will be
permitted to underwrite n less amount than $4,000.
The COMMITTEES reserves tho right to terminate this
privilege at any time and to mako alotments for less
than.the amount underwritten.
Any further information In connection with the
organization which may be desired by Stockholders
will be furnished application the Offices OF the
undersigned. or ut the office OF the UNITED
STATES TRUST COMPANY.
The undersigned Committee begs to give notice that
various payments mills purchased years ago.
which the bulk OF the has already been made
are becoming due and in some instances are already
overdue It is most important to perfect tho
izaon at early date that the interests OF all
cerned can DO properly protected
,sH =. a. ans
ior s STOCK H need se
be be p p.a H%t shs 9
of the stock Exchange na soon "s possible.
GEORGE G.. MAGOUN, Is Wall St.
ERNST THALMANN, 46 Wall st.,
GUSTAV II. GOSSLER, 1%s Pearl ST..
Reorganization Committee.