New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-07
financial
OFFICE OF THE
Reorganization Committee
National Cordage Company
To the lilo der. Of the Preferred and Common stock
of The National Cordngc Company:
NOS. '5 AND Al WALL srIrEr.
NEW.YOEK r,snc 1904


NEw.YORH jane o. 1893.
To the Ito dcrs of the Preferred nnd Common stock
of The National Cordnec Company:
Referring Statement and Plan Rcor Saniz
addressed 10 YOU by This Con mittcc indorsci Circular
40 - tho Preferred and Common Stockholders are rc
by requested TO deposit their Ccr5n:Is OF stock olth
with With the UNITED STATES TRUST COMPANY,
No - wall Street NcwYcrk CITY. which Company ho .
greed 20 act rs Trustee Of the mortgage securing the
issued and for tho dcp-t OF under
this reorealizaton
Comic. Of The statement referred tn in the forecon,
paragraph are ready for distribution oicc Of
tie United STATES Trust COMPANY ana at
Of the under irncd, at which, places the Re
orrrnlzaton Agreement also be and signed.
AL Stockho.d,r, Hereby requested deposit their
certificates of stocks with the UNITED STATES
TRUST COMPANY. which Company viii issue in en-
change therefor negotiable Certificate, Of deposit
cxchaneeabe within reasonable time FOX engraved
tincatcs
The payments Of Stockholders for cash contributions
10 . working capital are to be made a, follows:
PREFERRED STOCK.
10 pcr cent. on OF before July 10TH 1893.
per cent on or before August 9th 1893.
per cent on or fore september 10Th, 1893
COMMON STOCK.
per cent. on before July Icih. 1893
per cent. on bcior, August 10th 1898.
Until and including the 11th day Of JnIy. 1893,
$1,000. 900 of the proposed Issue OF per cent.
Collateral Trust First NorfenHc Thirfy-yrnr Gold
Bond. are offered for scrpiOn exclusively TO Pre-
frrrcd and Common Stockholders Of the National
Cotdngc Company. who deposit their shares, at th-
UNITED STATES TRUST COMPANY n the price
Of ~ per cent aud interests therefor 10 be
made IS per cent. Mt the time If subscription and
the bn!ancc mt the rate OF - per cent. per month
thereafter.
Anor that Garc bond, by the Stockholders
will be offered b the public at p to be lNcd but
les 81 cent. and Interest.
Oftli. Issue of Bonds $1,000, 900 hns already been
undcrw riifcn nj IS per cent. for per ccnt cash
commission.
:ockho,dc:s nay participate in tho underwriting n
the remaining - 100000 these Boad-
nv applying any member OF The HHoi sanizaon
Comailticc provided that VIII b. permitted to
undcswliro lcr. amount than 5000. The Committee
receives terminate hi, privilege a; time
and n make ao:ments for les THAI tic amount under
written.
Any further Information IN connection With the ic-
organization which be desired Dy the Sioc dhod''s
will be furnished application at the Offices OF the
undersigned or a, Office Of the UNITED STATES
TRUST COMPANY.
The unlcr.lgned committee bccs 20 Give notice that
as ,ariou, payments on mills purchased
which bulk ~ the payment has air adv bccn made.
alo becoming due, and In Instances are array
overdue inp0rcln: . le,ot the icor5ahla-
ton at an early dat 20 Interests # all
ceraed can be properly pro'"tcG.
Certificates OF stock, both nnd preferred dny
indorscd and In Rotinblc form. mny he deposited
with tho UNITED STATES TRt~ 1T COMPANY nj
once and will be given for tho but the
first Inst irnf for preferred stock need moi pc
pa Id until July 10Th. These receipts have been placed
upop the unlisted Of the stock Exchange.
GEORGE &. MAGOUN, Is Wall 81,
Ernst TiIAL,ft\N. 10 Wall 81,
GUSTAV II. GO~-LER rs Pearl ST.
REORGANIZATION Committee.