The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-06-25
s9innnriaI.
OFFICE OF THE
Reorganization Committee
OF THE
NATIONAL CORDAGE COMPANY,
nos. Is AND Al WALL ST.

NEW YORK. June ~ 1899.
To the Holders OF the Preferred and Common stock Of
the Natonai Cordage Company
Referring TO tho Statement and rinn OF RsorEaniIn-
tion addressed to you BY this Committee. endorsed
Circular No. L." the Preferred aud Common stock.
holders are hereby requested to deposit their Certih
Gates OF Stock forthwith with the United states Trust
Company, No 81 wall ST.. New York city, witch
Company has agreed TO act AZ Trustee OF the mortgage
securing the PondS be issuca and Tor the deposit VI
securities under this reorganization.
Copies OF the statement referred to In the foregoing
paragraph ready for distribution mt the Office
OF tho United states Trust Company and Mt the occs
Of the undersigned AZ which places the Reorganization
Agreement can aiso be setn and signed
All stockholders nrc hereby requested to deposit
their certificates Of stocks with the uni'ei States Trust
COMPANY. which Company viii issue in exchange
therefor its negotiable certificates Of deposit exchange
able within reasonable tim" for engraved certificates
The pay mcns OF stockholders FOR casa contributions
to Il working capital are to he made ma follows!
rREfERRED STOCK
10 rsr cent. on or before July TO- 1898
5ter cent on or before Aug. 10. 1879
5per cent oil or before Sept. 10. 1879.
COMMON STOCK
5pcr cent. on or before July 10. 1903
brer cent on or bstore Aug 10 1893
Tam aud incindinE the 1i,h day OF July.
i 33, Sc 100000 OF the proposed issnc Of
per cent. Thirty.S car Cold Honda are offered
for subscription exclusively TO Preferred
ana common StOckhOldefN OF TIC NATIONAL
Cordn9c Company, at tho Unitcd States
Trust Compnnr. at the price of SIS per cent.
ana interest, payments therefor to he made
Ell per cent. nt the time or suhscrIptio-, md
tho balance at the rate of AZ per cent. per
month thereafter.
After that date bonds no. taken by tho Stockholders
will be offered to the public at price to DO lxed but
not less than 81 per cent and interest.
OF THIS ISSUE OF BONDS $1,000 0NO
HAS ALREADY BEEN CNpEgwKhT-
TEN Ar as PER CENT. FOR a PER
CENT. CASH COMMISSION.
stockbo ders may participate In tbs underwriting of
tho remaining s2ooo 900 of those bonds tho
snms terms ny applying to any member of the Reor.
permitted TO undcrwrtts less amount than 5000.
Tho Committee reserves the right to terminate this
privilege at any time AMI to make Aotmsnts for less
than the amount underwritten
Any fur Their informal ton IN connection with the
organization which be des red by tho Stockholders
wilt be furnished application at tho offices OF tho
undersign ed. Mt the Office OF tho United States
Trust company.
The undersigned Committee boga TO give notice that
rs various payments on mills purchased years ago on
which the bulk of tho has already been made
arc becoming due and in some insances are already
overdue 1t il most important to perfect the reorgan.
zation at an early date so that the interests OF all con-
ccrned can DO properly protected
GEORGE MAGOUN, 10 Walt a..
ERNST THALMANN, 40 Wall at.
GUSTAV II. tiOSSLER. 1+a Pearl at.
ReorIn nIxntion Committee.