New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-03
financial.
OFFICE OF THE
Reorganization Committee
or TIE
National Cordage Company

NOS As AND AZ WALL STREET.
NEw.YORK. juno o. 1soo'
To the Holder. of the Preferred and Common stock
Of the National Cordagc Company;
Referring to the Statement and Plan Of Reorganh'"o"
addressed TO you by This Committee. Endorsed 'feu'
J." the Preferred and Common Stockholders arc re-
by requested deposit their OF stock ortn
with with the UNITED STATES Trust CohrNNi
No. - Wall Street. NcwYork City. which Company n"
agreed Trustee Of the mortgage securing ue
Bonds Issued ald the deposit Of securities unu
this reorganization.
Copies Of the statement referred to In me 'oISo ~,
paragraph are low adv for distribution AZ w '
tho UNITED STATES Trust COMPANY ana al
Offices Of the undersigned, at which places 'np "
organization Agreement also he and fieh'u'
All stockhold hereby requested 70 deposit ,"r
certificates Of stocks with the UNITED ~
TIKI ST COMPANY. which Company VII Issue 10 en-
change therefor s negotiable certificates OF deposit
cxchanceabe within reasonable time for engraved ec
i1cates. 49,,
Tho payments Of Stockholders for cash Contributions
10 a working capital 70 be male a. ioIo"''
PREFERRED STOCK.
10 per cent. on OF before July 10th, 1893.
. per cent. on OF before August 10Th, 1923
per cent. before september 1oth' 1875
COMMON STOCK.
: pcr cont on or before July 10Th. 1898
3 per cent. on or before August 10th. 1873
Until and including the 1tth day oil Jn'y' 1870
Sj.OO0OOO of the proposed Issue oil Vi per ..
Collateral Trust First Mortgage Thirty-yrnr ''o"
Bonds are offered for subscription exclusively 10 RE-
ferred and Common Stockholders Of the N"fona'
Cordag nc Company who deposit their shnres nj IN"
UNITED STATES TRUST COMPANY at the price
Of ~ per cent interests payments therefor DC
ma de - per cent. nj the time of subscriptions ana
the balance nj the rate of - per cent. per month
| thereafter.
After that date bonds taken by the Sto'khoIde'-
will be offered 10 the public at pfe to bo hAeu on'
not less than o. and interest.
Ofthi. Issue OF Bond. 81 100, 900 ha already been
undcrwritten NJ - per cent. for a per cent cnsh
commits sion.
Stockholders nov participate in the underwriting o'
the remaining 81 600 Of these Bonds upon the sane
terms bv applying any member OF the H"oreahlAu"
Committee provided that no viii be- permitted 70
undorwrito n lc,. amount than 5000. The Committee
reserves terminate this privilege at any uhe
and ~ mako ollotmens for less than the amount UNDER
written.
Any further Information In connection with the Ic'
orcanizaon which may desired by III" Sto' Nhodor'
will be furnished application at the ohreS OF .no
undersigned or at the Office u tho UNITED STATES
Trust COMPANY.
The undersigned committee becs % give nouc" 'ha'
as various payments On mills purchased lc"r' ago on
which the bulk Of the payment has already been man
are becoming due. and In Instances are "r'auy
overdue IL IS most important . perfect inc fco'ri"
ton at an carly dat" that tie Interests 81 al o"''
ccrned can b. properly protected
Certificate. of ID. bo nd preferred may
he dc,o.i,cd with the United Stalls TRt> ST
COMPANY aud receipts viii be given Tor inc
.nmc hut the first in-tnImcni for new preferred
.,ock need not be pnid until July IOih. These te-
CONT. will he pnc cd upon the unlisted department OF
the stock Exchange "A soon n- possible.
GEORGE &. MAGOTN, Is Wall ST.,
ERNST TIIALMt>N. 81 Wall ST.,
CI.Tty II. CO-sIER. 1tS Pearl g..
decentralization Committee