New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-01-13

Deposltary
The undersigned. Depostary under the plan OF unon
and OF September 1897 at the request o.
holders Of .arge amount Of Its certificates o. d'p's
and OF the boards OF directors OF the Lqap
Gas Light Company Of York and The New YORK
and East River Gas Company has deemed II necessary
and erp.disn, modify said plan as authorized oy the
articl. agreement. so as to provide a.
follows:
CAPITALIZATION NEW AMSTERDAM GAS coMPANf
(As now authOrizedD
First consolidated mortgage Ave per cent
gold bonds C3 600 600 remain in treasury 'LVV""
Preferred stock Ave per cent. Cumulative
81. 100000 TO remain IN treasury. ......... loVp"
Common stock 81. 10000 to remain In treas
ury) 1000"
New bonds bear interest from January !. 1898. and
dividends on new preferred 10 become cunu-
latve after three years from November J. 1877. MI
profits dividends deposited stocks to accrue to
new company. Existing bond issues and oer'incaie'
Of Indebtedness $50 900 COO to remain untouched for
present purposes, ressrirg power. however to here
after fund extend
DISTRIBUTION NEW SECURITIES AMONG DEPos-
TING STOCKHOLDERS.
1. Tor each share 500 par value Of stock
Equitable Gas Light Company
(a) frs, consolidated mort
gage bonts NEUTRALITY-SUSPICIOUS.. 800
10 In preferred stock. 10
(c) IN new common stock. ............ Is
Equitable stockholders will also receive
$3.50 per share IN common stock OF
new company 10 represent stock o: New
York Carbide and Aceylens Company
now owned BY Equitable Company
2 For each share 800 par value preferred
stock New York and East River Gas Com
pany:
In bonds ACKNOWLEDGEMENTS. tlso
g. For each share 500 par value common
stock New York and East River Gas Com
psny:
Ia In new preferred stock........... 81"
Cb) In new common stock ............ 40
eopv o, an agreement Of Modification dated January
~ 1905 providing above and FOR the disposition OF
the remaining securities has been duly fled In the once
o., IN. undersigned the information OF Deposit'ng
Stockholders.
Anv holder OF certificates o. deposit issued by the
undersigned under said agreenen, OF September l~'
no, asserting such change or modification "''hh one
week after the day Of February 1913 may WIKI
draw IN. deposited stocks represented BY such
certificates held by him without eIoense out All oe
,o,l,o-, not 50 Withdrawing within said time shall De
deemed to have finally assen;ed 10 such change or
ecaon ard shall bound thereby and the Undersigned
pr,stary shall Be fully authorized 10 carry the same
into effect. with all the powers provided IN said agree
Dated New York January II. 1898
CENTRAL TRUST COMPANY OF NEW YORK
Depository.
Referring 70 above modification the Board OF Directors
., ~. rcr,abl. Gas IAsh: Company Of New York at
. meeting thereof held January I 1898 Unanimously
resolved 20 recommend that the stockholders OF THIS COM
n.rv ..,.n, to tho SAID modification OF said plan and
agreement
Nv order OF the Board OF Directors.
HARRY KEENE. President
p..rr,ns 70 above modification the Board OF directors
., ~. New York and East River Gas Company al
n..,,nx thereof, he'd January g. 1895 unanimously re-
solved 70 recommend that the stockholders OF ths COM
,o,v ascent 70 the said modification Of said plan ana
agreement
nv order O. n. Board OF Directors
AUGUST BELMONT. President
New York January r. 1898
tn TIVE CENTRAL TRUST COMPANY OF NEW
YORK CITY:
GENTLEMEN.
Referring 10 the proposed medication o. me pan OF
r,,on q, n. Equitable Gas Light Company and The
W. York and East River Gas Company we would say
az. - ou- Judgment II IS and e1pecent that
~. nIan should be modified as now proposed
Yours very truly
j. r. MORGAN co.