New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-06-30
finanfial.
OFFICE OF THE
Reorganization Committee
or TIE
National Cordage Company
voS AZ AND Al WALL STREET,.
>.I.M vnpIy lima 1q0.

v0S AZ AND AZ WALL STHEDI'
NEw.YORK. June %. 1898
,,-,.-. If the Preferred and Common Stock
AT tho National Cordase Comp"ny'
,,.r N the Statement and Plan of Rcorganz i;ion
10000 10 you by this Committee. Endorsed ''Circuar
~ the Preferred and Common Stockholders &c here
ouestd TO deposit their Ccron,ltas OF Stock ioth'
,,,h with the UNITED STATES TRUST COMPANf'
No 4S Wall Street. Ncw.York City. which Company mas
..,eed 10 act as Trustee Of the mortgage securing the
bonds TO issued and for the deposit oil securities uhacr
this reorganization.
Copies Of the statement referred to In the 1oreeoihs
paragraph are ready for distribution at the ounce oi
the UNITED STATES TRUST COMPANY and at
the offices Of the undersigned at which places the Rc
organization Agreement can also be sren and eiencn'
All Stockholders hereby requested TO deposit 'hclr
certificates Of stocks with the UNITED STATES
TRUST COMPANY, which Company will Issue in eN-
change therefor its negotiable certificates OF deposit
exchaneeabe within reasonable time for engraved GER
uncates ,--
The payments of Stockholders cash contributions
70 a working capital are to DO made as follows:
PREFERRED STOCK.
10 Der cent. on or before July 10th. 1893.
per before August 10th. 1898
per cent. before September 1oth' 1898.
COMMON STOCK.
Der cent on OF before July 10th. 1898.
8 per cent on or before August 10th. 1893
Until and including the 11th day OF July, lS93'
oJ.OOO,O0O of the proposed Issue OF b per cent.
Collateral Trust First Mortgage Thirfy.yenr coid
Bonds nre offered for exclusively to Pre-.
ferred and Common Stockholders OF the national
Cordage Company. who deposit their shares, ut the
UNITED STATES TRUST COMPANY at the price
Of ~ per cent. and therefor to be
nde - per cent. the time of subscription, ana
the balance mt the rate Of % per cent. per month
thereafter.
After that date bond. taken BY the Stockholders
will be offered the public at pri to be fixed but
not less than S5 per cent. and interest.
Ofthis issue of Bonds S3,OOO,OOO has aIrendy been
uuderwrlt,eu ut SIS per cent for n per cent. cash
commission.
Stockholders may participate in the underwriting OF
the remaining 81 100000 Of these Bonds the same
,ayms nv applying TO any member OF the REORGANIZATION
committee provided that no will be permitted TO
underwrite a less amount thon $4,000 Tho Committee
reserves the right terminate this privilege at any time
And n make ootments for than the amount under.
written.
ANY further information in connection with the re-
which nav be desired by the Stockholders
viii be furnished on application OF the Offices OF the
undersigned. or the office Of the UNITED STATES
TRUST COMPANY.
The undersigned committee begs to give notice that
as various payments mills purchased wears ago. on
uhch The hulk OF the payment already been made.
Are becoming due, and in some instances are s'Feauy
overdue it important 70 perfect the fcorsa1
ton at carly date. that tie interests OF ai Gull
cerned can be properly protected
Certificates Of stock, both common and preferred may
h. denosited with the UNITED STATES TRUST
COMPANY at once and receipts will be given for the
same, but the first instaimcnt for new preferred
.,ock need mot be paid until July 10Th. These re.
ceipts will be placed upon the unlisted department OIL
tho Stock Exchange soon ms possible
GEORGE C. MAGOUN, il Wall ST.,
ERNST THALMANN. 46 Wall ST.,
GUSTAV ii. GOSSLER, 14S Pearl ST.,
REORGANIZATION Committee.