New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-02
finanfial.
OFFICE OF THE
Reorganization Committee
or TIE
National Cordage Company


NOS. 45 AND AZ WALL STREET.
NETWORK. June o. 1893.
To the Holders OF the Preferred and Common stock
of the National Cordngc Company;
Referring to Statement and Plan Of Reorsanlz ton
addressed IT, YOU By h. Committee ndorsrI "Crcullr
40. l." the Prcrrei and Common Stakeholder, hArc
BIZ requested TO DEPOSIT their ,it@s OF otth
with with the UNITED STATES Trust COMPANY,
No. ~ Wall Street. Ncw.Yoik CITY which Company has
ociccd Trustee OF the mortgage securing tho
Bonds be issued and for the dcprt Of securities una
this rcorganilaton.
Coplc, Of the statement referred to in the foregoing
paragraph rady for distribution at the Ollie" of
the UNITED Stalls TRUST CO,IPAHl ond al
tine Offices Of undersigned vhc! places tho Re-
Organization Agreement also De- and ,lcnca.
All Stockhod r, are hereby requested 10 deposit their
certificates Of stocks with n" United STATES
TRUST COMPANY, which Comps2y will issue in eN-
change therefor negotiable ectlcatcs Of deposit,
c1chanecabie within reasonable for engraved GER
tincstcs.
The Payment, OF Stockholders for cash contributions
to working capital are to be made as follows;
PREFERRED STOCK.
10 per cent. on OF before July 10Th, 1893.
Per cent. before August 10th. 1898
per before September ION. 1893.
COMMON STOCK.
nor cent on or before July 10th, 1898.
per cent on before August 10Th. 1893
Until and including the 18th day of july 1S33'
81 "a, 900 Of the proposed Issue of u per cent.
Collateral Trust First Mortsngc Thirty-ycnr t'oid
Bonds red for subscription exclusively 10 frc'
frrrcd aud Common Stockholders of the Nntonh
Cordngc Company. who deposit their shares, nj iio
United STATES TRT>T COMPANY nj the price
Of ~ per cent. mud interest payment, therefor 10 be
made - per cent. nj the time Il subscriptions ana
the bnInnce the rate Of d per cent. per month
thereafter.
after ,ha, date bonds not taken by the Stockholders
will be offered u the public at pri c to be hNed' but
not los than 81 cent. and inicrc"
Ortb. issue of Bond, -. OOO, ODO I'M alrcndy been
undcrwriitcn nj ~ per for Il ) per cent cash
cOmm>sio
Stcckholdri, my participate in the underwriting q
tn, remaining 100000 Of these Beads upon the sans
tenn, b. applying 20 any member Of III" R"oieaniatH
committee provided that no one VII BE- permit" 20
underrrlfe a les, amount than 5000 The Committee
reserve, tlc light ~ tn, iiveee AZ any uh'
and 70 make allotment, for c,, than the amount u"les'
written.
ANY further Information In connection with the 'e-
orc,n,fl,n which may BE- desired by tho Shareholders
VIII bo furnished on application OF Oh" on'cs OIL INC
undersigned or ., the oai"e 4 the UNITED SKATES
TRrSr COMPANY.
Tic under-g rcd committee bccs to cvc notice that
a. ,arious payments mills purchased Years a4'' Va
which the bulk u the payment has ALREADY been MAJ
are becoming due. and instances are ar "uS
overdue It b, most important - Ierft ihe i'"f-'"'
ton early date. 30 That TIE l"t'I'''' VI ''' ~
ccrncd can be properly pro'''t
Certificates OF stock both common and preferred h'hy
br deposited with the United STATES lh
COMPANY nj once aud receipts will he given Tor inc
.n,nc, but The first in.talmcnt for me-" pfr'rrre"
.,ocL need not be pnid until July ION. Thc-e fe-
CENT. will he pnc ed upon the unlisted "e?"r''" "
the stock ENchnnge ~ soon ~ POSSIBLE
GEORGE MAGOTN. Is wall ~,
ERNST TIIALMA\N. f6 Walt 81,
GUSTAV II. GO>>LtR. lis Pearl s'.'
REORGANIZATION Committee.