New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-05
financial.
OFFICE OF THE
Reorganization Committee
or TIE
National Cordage Company

p NOS. 40 AND a. WALL SIisf1bA'
NEw.YORK juno %. 1888.
To the Holders of the Preferred and Common Stock
of the National Cordage Company;
Referring TO tho Statement and Plan OF Reorgnizia
addressed you by This Committee, indorsed "Ccula'
No. l." Preferred and Common stocLho ders are re
by requested deposit ter Crtn ;ies Of stock forth
with with the UNITED STATES Trust COMPANY,
No - Wall Street. New-YOik CITY, which Company has
agreed Trustee VI the mortgage securing the
be issued aid for the depoet Of securities under
this reorganization.
Copies Of the statement referred to the foregoing
paragraph ready for distribution at tie Once OF
the UNITED STATES TRUST COMPANY end at
the offices Of tho undersigned, at which places the Re
organization Agreement si.O b. sccn and signed
All Stockholders are hereby requested 10 deposit hsir
certificates of stocks win the UNITED STATES
TRUST COMPANY, which Company viii issue in cN-
change therefor its negotiable certificates OF deposit
exchsnseable within reasonable time for engraved cer
tncstes.
The Payments OF Stockholders for cash contributions
to working capital are TO be made follows:
PREFERRED STOCK.
10 per cent. Oh o before July 10Th, 1893.
!, pcr cent. on before August 10TH 1923
4 ,er cent on or before September 10th. 1893.
COMMON STOCK.
= nor cent on or before July 10th. 1893
1, rer cent on or before August 10th 1893.
r,r,,l and including the 18th day Of July, 1898,
$4,000 Of the proposed issue Of per cent.
Collateral Trust First Mortgage Thrfy-yenr Gold
Bopd. are offered for subscription exclusively to FREE
I,.h... Comyeny who deposit their shnres, ut ths
rXITED STATES TRUST COMPANY at the price
r * rer cent and interest; payments therefor 10 be
,ad. ~ per cent. ut the time Of subscription, and
a.. h,I,nce Mt the rate Of ID per cent per month
thereafter. -. ,...,,,,
,to, that date bonds taAcn by the Stockholders
will he offered IN public at PIKE " 0e hNeu ou'
po, lees than So per cent. and Interest
o,,h;. Issue of Bonds S3.00O,OOo has already oeen
UNDERWRITERS at So per cent for D per cent? cas-"
commission. 49, dor,,,,,,,c 81,
en-. ,oms,nnp AZ 100000 Of these Bonds upon inc sumo
,ero. Inv spplylng 10 any member oil lhe -,s -,
,onnittec proyided that no one WIN W re-, -, ~
dn..,,n . los amount Than 5000 Inc Commune
os ,,o tight 10 terminate this piiViese al any "o'
and "a make aIlotments for less Una" "' ~
,,oc,ion with the Ie
any - nav he desired by the stocHhoue.'
viii be furnished on application al Va. STATE.
undersigned. al inc o4"O' "
TRUsr COMPANY. , o,ice that
,5s ,nder.laned committee bess TO e'No no''o %"
a. ,..,o,s ,ovn.uts on nails purcha>'u w. ID
which the bulk Of the payment HAS 49, are already
-. ,onortoz due and sOIIc h''"''' IT..
ove,tuc :, /. most mportln: :, leh''' Wv ~, al con.
ton At an early date. 90 t"'' ''''
eerned can properly pO.eF"'' d ,rcCcrrcd. NAV
C.,,a..,.. Of ,toc H. both common "nn p rUt ~
l, smo.;,.d viii, The UNITED sIA'.9 So, III.
rn~'n.~y y. u.. and receipts will be give" 49,,
49,. ,., ,hc Grst instalmeni Tor ~" 81, 90.
.,... ...a mn, he Maid until July Io''' -, ~
re,pts vii, be pIac ed upop the "h''"
the Stock Exchange AZ soon a. p"
GEORGE G. MACON. ]" wa"
rRXST THAI.MANN. 10 VIM
denomination Comm''tee'