New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-05
OFFICE OF
AMERICAN SPIRITS
MANUFACTURE COMPANY,

Mills Building.
NETWORK. February l2th. 1890
To holders Of Certificates of the Manhattan
Trust COMPANY Issued under the plan OF
reorganization of the Distiliing and Cat
tie Feeding COmpanys
One OF the mrs. steps following the organization OF the
AMERICAN SPIRITS MANUFACTURING COMPANY
has been TO bring formation Of distributing
company capable OF handling. II necessary, Its entire
product
Such corporation known as the SPIRITS DIS
TRIBUTING COMPANY. has been organized under
the Of the State OF NewJersey with capital stock
follows:
First Preferred Cumulative per cent stock 81 100 900
Second Preferred Non-cumulatve per cent
Common stock oo'o,
The entire issue OF stock and one share OF tho
second preferred will be owned by the AMERICAN
SPIRITS MANUFACTURING COMPANY.
Holders OF MANHATTAN TRUST COMPANIES D.
C. F. co offered the option 20 subscribe
a, par for the first preferred OF the Distributing
Company extent OF six per cent OF the par value
OF their holdings part OF such holdings receiving
IN addition nifty per cent Of the amount OF their sub
rcrip,on second preferred stock
For the convenience Of certificate holders thu Manhattan
Company has consented to act as depositay and
holders the transfer books OF certificates
FOR Distilng and Cattle Feeding Companys stock will
close Monday February oath 1896. at F. NJ and open
Wednesday February Goth. 1890. Mt 10 A. NJ.
Blank subscription be obtained upon appli-
cation to the MANHATTAN TRUST COMPANY. Wall
St. corner OF Nassau. New-York. subscriptions
must be delivered at the office OF the Man.
haitian Trust Company not later than IL VI.
OH Saturday, March 9TH. 1900, together with
check for the hrst instrument of 10 per cent.
Second 10 cent. payable on March list.
Third and fourth instruments OF IS per cent each
able respectively as called notice by mail OF not less
than days the registered holders OF the subscription
receipts ard a intervals OF not less than Is days
tha otptp~ fN,tP
instruments per each That amount Is designed
10 provide possible extension Of the business OF
the Distributing Company into territory other than that
now contemplated. for future requirements.
Temporary receipts will be issued by the Manhattan
Trust Company upon which Will be indorsed payment OF
instament.
Upon payment OF the fourth instament Of Is per cent
ard surrender OF temporary receipt subscribers will
receive the OF first preferred stock % cent
paid together with the second preferred stock TO which
they Will be entitled.
The privilege offered 10 holders OF Manhattan Trust
Companys d. & c. F. Co Certificates has been under
written by a syndicate
Application to lis, the stock OF the Distributing Com
pany on the New-York Stock Exchange will be made i'm
mediately.
In consequence Of the formation SPIRITS DIS
TRIBI'TING COMPANY. THE AMERICAN SPIRITS
MANUFACTURING COMPANY has been enabled to mako
advantageous arrangements for the distribution OF Its
pruct IN the territory OF Buffalo and Psburg at
cost OF distribution far below any hitherto paid The
AMERICAN SPIRITS MANUFACTURING COMPANY
will control the distribution OF product OF Buffalo
and Ptsblrg through the ownership OF majority OF the
stock tho Spirits Distributing Company.
Under It's contract with the Manufacturing Company.
the Distributing Company will take the product Of the
shuteldt Distiery at Chicago and the st. Paul Dsiey
Paul; and II required will also take the product
OF ten thousand additional bushels daily for distribution
In tho This product Is taken by the Distributing
Company market price and is paid for In cash. the
Distributing Company agreeing to employ In Its business
a minimum OF $i.OOO.00O cash. The Manufacturing Com
pany leases the Distributing Company for the term
Of 500 years H. H. Shufeld Co. Distributing Plant
with all Its appurtenances and machinery and will.
mant to a written contract. make a axed annual pay
the Distributing Company OF $l2oOOO payable
quarterly beginning May, 1896 In the event OF the Dis
trbuting Company extending its business above pro-
vlded calling the remaining instruments OF 10
cent First Preferred Stock. the Manufacture
Ing Company WILL provided In such contract make
further annual payment OF $4,000 for each additional
nsalment OF 10 cent paid in the total annual
being limited 100000. The amount thus to be
received annually by the SPIRITS DISTRIBUTING COM
PANY will sufficient for the dividend OF per cent
upon the instruments paid it's First Preferred
THE AMERICAN SPIRITS MANUFACTURING CON-
PANY, under the agreement described above. controls
an independent and powerful distributing handle
It's product without the heretofore paid
service and practically without the estimated
earnings OF the Distributing Company from Its
business addition the fixed annual payment from
Manufacturing Company above referred
the belief that they will be sufficient to pay dividends
upon the Stock held by the Manufacturing Com
pany.
opportunity participate In the profits Of the dis
trbutng business Is offered to the stockholders Of
the American Spirits Manufacturing Company.
American Spirits Manufacturing Company.
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