New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-15

SECOND Preferred N4n cumulative rer cent.
stock Is'S o'c
The entire -.ae Z the share o,
the second preferred VII De- owned ty 'he AMERICAN
SPIRITS MANTFACTrHlNG COMPANY.
Iiol4,rs q MANHAVrAN TRUST cOMPANYs - & C..
+ Co., certificates age offered option subscribe at
,ar f1r the nfs preferred stock s Distributing Com
pany ~ cent = TIE par value 81
their holdings part u such hodnss receiving "a
% on NY PER c'n' n the am5nt oi Their subscription
IN second pet rIcf stock.
For tho convenience 4 ccrtncatchoiers The Manhatal
Company has consented 10 act deposI'ry and
holders transfer books Il certificates
for Disrilng Cattle Feeding company's stock VIII
close Monday February 2Ith. 1896 At T. NJ. and open
Wednesday. FEBRUARY 18th. 1896 at 10 a. "
Blank forms II subscription DE obtained upon appl-
the Manhattan Trust Company. Wall ST. corner
81 Nassau New York Subscriptions must be
delivered the Office Of the Manhattan
Trust Company not later than IL VI on snt-
urdny. March eth I-o6. together with check
for the first instrument of 10 per cent
second lns,ameni 10 per payable on March 2is,
1896
Third and fourth ins,aIn,cnts per payable
respectively as called by mali u no, less than
II days to tho r.riscred holders q the subscription
receipts and at Intervals Of not less than 10 days
It not at present Intended call the remaining four
I'M ailments OF 10 per cent That amount Is de
moss the Distributing Company into territory other than
tina, now contemplated. for future requirements
Temporary receipts VIII be issued by tho Manhattan
Trust Company which VIII be endorsed payment OF
each ,ustalmcn'
Upon payment Of the fourth insalmcnt Of u cent.
surrender u temporary receipt Subscribers VIII
the certificates preferred stock GO Per
paid together with the second preferred stock to
which they vii, be entitled.
The privilege offered to holders Of Manhattan Trust
Conipnny's ID 4 c r. Co. Certificates has been under
written by n syndicate
Application to lis, the stock tho Distributing Com
pany the Ncw-York Stock Exchange will be made I'm
neiately
In consequence formation ~ the SPIRITS DIS
TRIBuTING COMPANY THE AMERICAN SPIRITS
MANUFACTURERS COMPANY has been enabled to make
advantageous arrangements for the distribution Of Its
product In the territory Of Buffalo aad Psburs at
cos, u distribution far below hitherto paid The
AMERICAN SPIRITS MANUFACTURING COMPANY
Will distribution Of It's product west OF buffalo
and Ptshurg ownership Il majority OF the
stock OF the Spirits Distributing Company.
Under It's contract with the Manufacturing Company
the Distributing Company will take the product OF the
Sh feldt Dlstiicry and the ST Paul Dsery
Mt 81 raul: and. required will also take the product
Of ten thousand additional bushels daily for distribution
In the East This product Is taken by the Distributing
Company price, and paid for in cash. the
Distributing Company agreeing employ in It's business
minimum 81 sl.oocooo cash. The Manufacturing Com
loSes the Distributing Company for the term OF
N"J years IN" II. IL. 5nui"idt a to
with all its appurenGnces and machinery and WILL pur
suant 10 n written contract make nsed annual pay
men' 10 the Distributing Company OF $i2oUo payable
quarterly beginning May. 1926 In the event OF the DIS
trbung Company extending It's business rs above pro-
vided. and calling up the remaining instruments OF 10
per cent. each the First Preferred stock the Manu-
featuring Company will. provided in such contract
make further annual payment OF 1000 for each ad-
dtonai instrument OF 10 per cent paid in the total
annual payment being limited to 10000. Tho amount
thus 10 be received annually by the SPIRITS DISTRIBUTE
ING COMPANY will be sufficient FOR the dividend Of 7
the instruments paid In on Its First IRE
ferr-d Stoch
THE AMERICAN SPIRITS MANUFACTURING COM !
PANY under ths arrangement described above controls
INDEPENDENT powerful distributing agent to handle
It's product without the heretofore paid for tho
service and practically without cost. az the estimated
earnings OF the Distributing Company from It's general
business In addition the xed annual payment from the
Company above referred TO- warrant the
belief that they will be sufficient dividends upon the
Common Stock held by the Manufacturing Company.
The opportunity participate In the profits OF the dis
bung business is offered TO the stockholders OF the
American Spirits Manufacturing Company
4 n IN n