New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-04
financial.
OFFICE or THE
Reorganization Committee
OF TIE
National Cordage Company

IVQtIUlI0I UIuu60 Uo"'Pu"J
NOS As AND A. WALL STREET.
NBw.YOKK. June -. 1888
To the Holders of the Preferred aud Common SOCK
OF the National Cordaac Company;
Referring 10 tho Statement Plan Of Reorganization
addressed b. you bv Committee, ndoscl 'Crcunr
H." Preferred and COMMON Stockholders are hre'
by requested deposit tcr Ccr1h;io OF Stock loilh'
with with the UNITED STATES TRUST COMPANY.
NO - Wall Street. NcwYork CIV. which Company h"N
ogfoei 10 act Trustee Of the mortgage securing the
Bonds 70 issued aad the deposit II securities under
this reorganization.
Cople. Of the statement referred to in the forocons
paragraph rady for drbut on at the ono" OF
the United STATES Trust COMPANY aud at
the u the undersigned, which places the re
organization Agreement al.o be aud signed
All Stockholm, hereby rcquc-rd TO deposit NOR
certificates II stock. VITA thu UNITED STATES
TRUST COMPANY. which Company will issue IN cA'
change therefor negotiable certificates OF deposit
evchangeabe within reasonable time for engraved cor
uhcates
The ,,vnen,. OF Stakeholder. Tor cash contributions
to a working capital are 20 be made a. follows
PREFERRED STOCK.
10 per cent. on o. before July 1oth, 1888.
per cent. before August ION 1888.
per cent. Oh or b fore scpcmb"r ION. 1898.
COMMON STOCK.
: pcr cent. on or before July lCt1. 1898
p.r cent on before August 10Th lS93
Emil md including the 1ith dny Of July. 1~93
81, OOO. 600 of the proposed issue oil per ccni
Collateral Trust FIRST Mortgage Thirfy-yrar coid
Pond- offered for sub-crpton exclusively TO frc-
fcrrrd- aud Common Stockholders OF the N"i'on"'
(ordage Company. who deposit their sinrc- NJ the
UNITED STATES TIKI IT COMPANY ut the price
Of - per aud interest: payments therefor I" be
made - per cent the time Of subscription. ANA
the balance Mt the rate Of - per cent. per mon'h
thereafter.
After tha, date bonds taken hv the Stockholders
will be offered T. the public at PIE to be hArd but
not lc.s than - per and Interest.
Of,hi- issue of Bonds s3,O0O.0o0 has already been
undcrwrittcn nj ~ per Tor n per cent. cash
commission.
s,ockholdc:, nay participate in the underwriting ="
tho remaining 2OOOCOO Of tE"s" Bonds upon the same
.rre bv appying to any member Of th" REORGANIZATION
COMMITTEE. Iio,dcd that no one VII b. PIMtb' +"
undcrwrite lc,- amount rhOn fj,0c" The c'nm'u''
reserves TIE fieh, 70 terminate his rvierc NJ any une
and 70 make eotments for less than the amount uHde
written. .
Any further Information in connection win u' -
orean7,too which NOV be desired by "a" Sto "hodrf'
viii be furnished appl alton at the or''' Of .n'
undersigned or the Office Of the UNITED STATES
TRUST COMPANY.
The under. pncd committee bccs to give notice NAV
a. various payments mills purchased 'c"f7 'F'' -"
which the bulk Of the payment has alf'auN D'ch "
ara Incoming due. and some Instances arc array
overdue II is most important " Ie'ct 'he 'co'-''
ton at an date. that the Interests u al '
cerned can be properly protected
Certificates stock, both common aud prcIcrrcn. "y
he deposited with the UNITED sTATh~ TIKI
COMPANY nt once md receipts VIII "' XIV" '' '
anne hut the first iustalmcnt for new prr'err'"
,noL nc.d no, be mid until July 1Oth These re.
,, ,,, no min ed mon the unlisted department OF
the stock Exchange as soon n. possible
GEORGE G.. MAGOTN, Ii walls
ERNsT THALM&NN, 40 WRiisf.,
GUSTAV II. GO~>LER. rs Pearl si.'
REORGANIZATION Committee.