The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-06-29
Rnaneial.
OFFICE OF THE
Reorganization Committee
OF THE
NATIONAL C09DAGE COMPANY,

NOS Is AND ~ WALL ST.
NEW YORK. June 20. 1893.
To Holders OF the Preferred and Common Stock Of
the National Cordage Company
Referring to the statement and Plan OF Reorganza
tion addressed to you by this Committee. endorsed
"Circuisr No L." the Preferred and Common stock-
holders hereby requested TO deposit their Certia
Gates Of Stock forthwith with the UNITED
- rATES TRUST COMPANY, No ~ Wall
at. New York city. witch Company has agreed to
Trustee OF the mortgage securing tho Bonds
be issued and for the deposit OF securities under this
reorganization.
Copies of the statement referred to in tho foregoing
paragraph rendy for distribution at the olce
OF tho UNITED STATES TRUST COM
PANY, and at the Offices Of the undersigned. at
which places the Reorganization Agreement can also
DO seen and signed
All sockholders are hereby requested to deposit
their certificates or ktocks with tho UNITED
STATES TRUST COMPANY, which Com
pnny will issue In exchange therefor It's negotiable
certificates of deposit. oxchRngcable within reason
able time for engraved certificates.
The payments OF stockholders for cnsh contributions
to q working capital to he made as followsi
PREFERRED STOCK.
10 per cent on or before July 10. 1893
9 per cent. or before Aug. 10. 1899.
bper cent. on or before Sept TO- 1913
COMMON STOCK
bper cent. on or before July 10. 1874
bper cent on or before Aug. 10. 1898.
Until and inciudIng the l1th day or ~ uly,
ISUos JDIOOO,ODO OF the prOpOScu sssuc o. u
per cent. Collateral Trust First Mortgage
Thirty.yenr Gold BOnds offered for aub-
rcription exclusively TO Preferred and CONF
mon Stockholders OF the National Cordage
Company. who deposit their shares. nt the
UNITED STATES TRUST COMPANY, ut
the price of IS per cent. ana interest, pny-
mcnts therefor 10 he made s5 cent. mt the
time Of subscription, ind the balance mt tho
r,ste OF rs per cent. per month thereafter.
After that date bonds taken by tho Stockholders
vii he oNe In the nj n pric n 4
not less than 81 per cent and interest
OF THIS ISSUE OF RON DS 03.OOO.OO
HAS ALREADY BEEN UNDERNEATH
TEN AT 81 PER CENT. FOB A & PER
CENT. CASH COMMISSION.
Stockholders may participate In the underwriting OF
tho remaining 100000 of those Bonds upon tho
same terms by applying to any member OF tho Rsor-
gauization Committee provided that no one will bo
permitted TO undcrwrite a less amount than $1,000.
The Committee reserves the right to terminate this
privilege any time and to mako allotmsnts for less
than the amount underwrttcn.
Any further information IN connection with tho re-
organization which may be desired by tho stockholders
will be furnished on application at the offices of the
undersigned at tho ONCE OF tho UNITED
STATES TRUST COMPANY.
The undersigned Committee begs to give notice that
as various mills purchased years ago.
which the bulk of the payment has already been made
are becoming due and in some instances are already
overdue is most important TO perfect the reorgan
izaon at early date THAI the interests of all con.
cerned can DO properly protected.
srTTE @"E kusTF fn at once ass
receipts will he given Sor the same, hat the
r' !. SX sss
viii h. pinc ed upon I'll. nniI.ted depnrtment
of tho Stock Exchange ns soon as posaibie.
GEORGE &. MAGOUN, 10 Wall at.
ERNST TlIALMANN, 46 Wall st..
GUSTAV H. GOSSLER, 14s Pearl st..
REORGANIZATION Commltteo.