The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-07-11
GitlAnfial.
cfinanriai.
OFFICE OF THE
Reorganization Committee
or THE
NATIONAL CORDAGE COMPANY,

NOS. <5 AND a. WALL ST.
NEW YORK. june a. 1898
TO the Holders OF the Preferred and Common Stock OF
the National Cordaes Company
Referring TO the statement and Plan Of Reorranira-
ton addressed TO you by this Committee. endorsed
Circular No. J." the Preferred and Common stock.
holders are hereby requested to deposit their Certin
Gates of Stock forthwith with the UNITED
STATES TRUST COMrANY, No. t5 wall
| st. New York city. which Company has agreed to
Trustee of the mortgage securing tho Bonds to
bsssued ana for the deposit OF securities under this
| Reorganization.
Copies OF tho referred to in tho foregoing
paragraph are now ready for distribution At the oeo
| O tho UNITER STATES TRUST COM.
P-ANT, and at the ofacos of IN, undersigned. at
which places the Reorganization Agreement also
be seen and signed.
All stockholders are hersey requested TO deposit
| their certificates OF stocks with the UNITED
STATES TRUST COMPANY, which Com.
pany will Issue in exchange therefor its negotiable
certificates OF deposit exohAnReabe within reason.
| able time for engraved csrtincatss
The payments of stock holders for cash contributions
to working capital AFRO to DO made As follows:
PREFERRBD STOCK.
1oper cent. on or before July 10. 1893
per cent on or before Aug. 10, 1898.
5por cent, on or before Sept. 10, 1893
COMMON STOCK.
per rent. or before July 10. 1898
Bper cent. on before Aug. 10, 1893
Conmoa stock hoiders who prefer not to
pny cash contributions to - working capital,
cnu make their coordination by assigning
and dcliverise to the Reorganization Commit
tee or the Trust Company certificates for SO
per cent. pnr value OF their respective hold
inRs In common stock, thus asserting to the
plan By depos'ting the balance OF thcIr COM
mon stock under the same.
unti' and Including the 11th day or July,
1909. 81. 100000 OF tho proposed Issue or Q
per cent. Collateral Trust First Mortgage
Thirty.year Gold bonds are offered tor sub-
scrIption exciusivsly 10 Preferred and q nm
mon Stock holders OF the National Cordago
Company. who deposit their shares. at the
UNITED STATES TRUST COMPANY, at
the price OF So per cont and iatsresty pay
ments therefor 10 be made 26 per cent. nj tho
time OF subscription, aad the balance at tho
rate Of BE per cent. per month thereafter.
After that date bUnds not taken by the Stockholders
will be offered to the public at prioe to be fixed bat
not less than IS per cent. and interest
OF THIS ISSUE OF BONDS 81, 600, 900
HAS ALREADY BEEN UNDERwRIT-
TEN AT IS PER CENT. FOR a 6 PER
CENT. CASH COMMISSION.
stockholders partici pate the und writing of
the remaining s2.ooooOO Of these Bonds upon tho
sams terms by applying TO any member OF the Reor
Fanization Committee. provided that one will be
permitted to underwrito less amount than S. oo0
Tho Committee reserves the right TO terminate this
privilege Mt any time and aotmen less
than the amount undcrwritten.
Any further Information in connection with tho re-
organization which may be desired By the Stockholders
undersigned, or at the office of the UNITED |
STATES TRUST COMPANY.
Tho undersigned Committee begs to give notice that
as various payments mills purchased years ago.
which the bulk OF the payment has already been made
are becoming due. and In instances arc already
overdue It Is most important TO perfect tho organ
zation at an early date that the interests cob
cerned can be properly protested |
Certificates OF stock. both Common and Pro.
ferred, duly endorsed and In negotiable form,
may be deposited with the UNITED STATES |
TRUST COMPANY ut once and receipts
will be given for tho same. hut the nrst In.
p, li%sn n I1r new Tre'e..ed stock need not
been placed upon the uniisted department. OF
.TaE tine F6K THE DErosIE OF
ER sx TO IL ;IULI Liz sS A A Oh TnE PAY;
H Hr sTGH AGS I5lSS STSGKI HOLD.
EsT AT mi RATE Or FER CENT.
NJ ENT.
GEORGE G. MAGOUN, 10 Wall o.,
ERNST THAI.MANN. 90 Wall St,
GUSTAV II. GOSSLER, 148 Peari &C.,
Roorganisation Committee.