The sun., 1898-02-03
.1inAnftKL.
Equitable Gas Light
Company Of New York
The New York and
stRiver Gas Company
-, All az InAlnNM
PLAN OF UNION.

PLAN OF UNION.
,-s roDITIED,
CENTRAL TRUST COMPANY OF NEW YORK.
pepositary.
IN. undersigned, Depositary under the plan Of
,,,oo and agreement OF September I, 1897. at the
,,oue,t Of holders of large amount OF ts certin-
AZ. Of deposit and Of the respective boards OF d.
actor, OF the Equitable Gas Light Company OF New
yo-h and The New York and East River Gas Com.
,.n,. has deemed ,it necessary and expedient TO
modify said plan authorised by tho seventh arti
a. Of said agreement, TO provide a. follows;
CAPITALIZATION NEW AMSTERDAM GAS CourASr
tAs now authorised.)
y,ut consolidated mortgage fvo per
oent gold bonds 100000 TO remain
intressury) 100000
preferred stock 1ve per cent. Cumula.
tive (el, 900, 900 to remain In treas
NEUTRALITY-SUSPICIOUS.. 1O.O00,OO0
Common stock 81. 900 900 to remain in
000. 900
Hev tonds to bear interest from January 1. 1893.
and dividends on new preferred stock to become
cumulative after three years from November1 I.
1897. All profits or dividends on deposited stocks
to accrue to new company. Existng bond Issues
and certificates Of Indebtedness 5000, ,oo0) to
remain untouched for present purposes. roserv-
= ing power however, to hereafter fund extend
same.
Distribution NEw SECURITIES AMONG DErosrrIsa
STOCKHOLDERS.
4 For esch share sl0o par value of
stock Equitable Gas Light Com.
pany:
ta) In new first consolidated
mortgage bonds. o15o
Cb) In new preferred stock...... 76
(c) In new common stock ....... rs
Equitable stockh will also
ceive $3.50 per share in common
stock OF new company TO repre-
sent stock OF New York Carbide
and Acetyiene Company
owned by Equitable Company.l
o. FOR each share 800 par value pre-
furred stock New York and East
River Gas Company:
In new bonds. ................... ol20
o For each share 600 par value COM
mon stock New York and East River
Gas Company:
n) In new preferred stock ...... 100
ttc In common stock........ 40
olAo
A copy of an agreement OF modification. dated Jan.
uay l2. 1s9s providing above and for the dispo-
eon Of the remaining securities has been duly nled
IN the once of the undersigned for tho Information OF
Depositing Stockholders.
Any holder OF certificates OF deposit issued by the
ruders'yned under said agreement of September l..
1897 not assentins to such change modification,
within week after tho NTH day of February.
1898. may withdraw tho deposited sioux stocks
represented by such certificates held by him without
expense. but all depositors not Withdrawing
within said time shall be deemed to have finally
ssntsd to such change modification and shall be
bound thereby. and the undersigned Derostary shall
be fully authorised carry the into oeot, with
81. tAafit tv.a
Datsd New York. January 1e. 1893. ''' - .
CENTRAL TRUST COMPANY OF NEW YORK.
Depositary.
Rofer-Ing to above modification. tho Board OF
Directors Of tho Equitable Gas Light Company OF New
York. at q meeting thereof held January 2, 1893,
unanimously resolved to recommend that tho stock.
holders Of this company assent to the said modinca
tion OF said plan and agreement.
By order of the Board of Directors.
HARRY KEENg President
Referring to above modification, the Board Of
Directors OF tho New York and East River Gas Com.
pany. at q meeting thereof. hold January o. 1898.
unanimously resolved to recommend that the stock.
holders OF this Company assent the said modinca-
tion OF said plan and agreement
By order Of the Board of Directors,
AUGUST BELMONT. President.
New York, January l2, 1885.
10 THE CENTRAL TRUST COMPANY OF NEW
YORK, CITY.
GENTLEMEN:
Referring to the proposed modification of the plan
ofun'on OF the Equitable Gas Light Company and the
New York and East River Gas Company. we would
say that in our judgment It is necessary and expe-
dient that the plan should be modified as now pro-
posed.
Yours very truly.
,. p. MORGAN 4 co.