The sun., 1893-06-30
efiuHuriai.
OFFICE OF THE
Reorganization Committee
NATIONAL CORDAGE COMPANY, /,
NOS. as AND 81 WALL ST.

NOhs 90 AMI 81 WALL ST.
NEW YORK. June AZ. 1898.
To the Holders OF the Preferred and Stock Of
the National Cordage Companyi
Referring to the Statement and Plan OF ReoreaniSa-
uon addressed to you by this Committee. endorsed
Circular No J." tho Preferred and Common Stock
holders hereby requested to deposit their certn
Gates OF Stock forthwith with the UNITED
STATES TRUST COMPANY, No <5 Wall
st. New York city. which Company has agreed to
act aa Trustee OF the mortgage securing the Bonds
be Issued and for the deposit OF securities under this
reorganization.
Copies of the stanent referred to In the foregoing
paragraph ready for dstrbution At the olice
of the UNITED STATES TRUST COM.
PANH, and at the Offices of the undersigned, at
which places the Reorganization Agreement can also
be seen ana signed
All stockholders are hereby requested to deposit
their certificates Of stocks with the UNITED
STATES TRUST COMPANY, which Com.
pany will issus in exchange therefor Its negotiable
certificates OF deposit, sxchangenbe within reason
able time for engraved certificates
epayments OF stockholders for cash contributions
TO q working capital are to be made as follows:
PREFERRED STOCK
10 per cent. before July TO- 1893
3 per cent. on or before Aug, 10 1853
6per cent. on or before Sept. 10, 1Sy3
COMMON STOCK.
5per cent on or before July TO- 1898
6per cent on or before Aug. 10 1893.
Untii aud including the nth day or .Juiy,
1893, S5.oOO,OOO OF the proposed Issue OF o
per cent Collateral Trust First Mortgage
Thirty-yenr Gold Bonds offered for SUBJ
scription exclusively to Preferred aud Com.
mon Stockholders OF the National Cordasxe
Company, who deposit their shnrer, mt the
UNITED STATES TRUST COMPANY, at
the price OF 80 per cent. and interest; pay
ments therefor to bo made S5 per cent. at tho
timc OF subscription, and tho bHlance at tho
rate OF &S per cent. per month thereafter.
After that date bonds taken by the Stockholders
VIII be offered to the public at price to bo xed but
not less than So per cent and interest
OF THIS ISSUE OF BONDs $1,000 900
HAS ALREADY BEEN UNDERwRIT.
TEN AT So PER CENT. FOR A PER
CENT. CASH COMMISSION.
stocRhoiders may participate in the underwriting
the remaining 81. 100000 Of these Bonds upon the
same terms by applying to any member Of tho Reor.
gantzation Committee provided that no ono will be
permitted to underwrite less amount than $1,000.
The Committee reserves tho right to terminate this
privilege at any time. and to mako aotments for
than the amount underwrtten.
Any further information in connection with the re-
organization which may be desired by tho
will be furnished on application at the Offices Of tho
undersigned. or at the office OF tho UNITED
STATES TRUST COMPANY.
Tho undersigned Committee begs to give notice that
~ various payments on mills purchased years ago. on
which the bulk of the has already been made
are becoming due, and in some instances already
overdue It is most important to perfect the reorgan
zation at early date that interests of all CON
cerned can be properly protected
Certihcates OF stock: both Common and Pre-.
fns .s UMaTn1 oSee anS
receipts Will be given for the snme, but the
nrst instaiiment for new preferred stock need
Will be placed upon the unlisted department
OF the stock Exchange ms soon n possible.
GEORGE G. MAGOUN, 10 Wall OF,
ERNST THALMANN, 4s Wall st..
GUSTAV III. GOSSLER, 14s Pearl st.
Reorganization Committee.