The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-01-15
5inauti1I.
ro the Preferred and Common
Stockholders of the
AMERICAN STEEL
AND WIRE co AN

ulN lln N n
" tU
I"
r,-.i months mast the holderu Of n inry.
p, al. .b,res ~ the American steel ,,d
Rn.nv b,v. bean carefully consIderlng tbo
T-N%ni,-o ~ obtaining BY purchase or reorunni,a.
49,. leading Uire coucerns in tina unIted
~ ,b.m tho CLEVELAND Rolling Mil COM.
- C1.yeland. Ohio, manufacturers OF pig iron.
Iw.. So, and open.bearth steel. A we'll a.
~,,.tn a., various forms, and the washburn Il Moon
-ss",,Lr, COMPANY OF Worcester. Mass. and
rII.u., M
= =. behaved that there would result pre.tsr
.anr In MANAGEMENT and operation. and thereby
|aS.S,.r,,ec 10 all the stockholderu OF the several
N..nt.s Iu.r a thorough Investigation of thu
-..I n-on.,,iss and their yalues. actual a. we'll
s.ua,rs Tho acquisition OF the following plants
s..h.er assured upon a Just and fair basis,
washburn y Moon Manufacturing Conn
pany of Worcester Mass and
hi.
Worcester wire company OF Worcester
Mass.
Cleveland Rolling Viii company OF Glove
land, Ohio.
Oliver s Snyder steel Co. OF PltfsburEh,
Pa.
oliver Wire company OF fittsoureh' "a.
Newcastle Wire Nail OF Now
castle, Pa.
Pittsburgh wire Company OF PITTSBURGH,
Pa.
Cincinnati Bnrbed-"ire renee Company
Of Cincinnati. ONO.
Laidlaw Bale and Tie Company OF Joliet,
ILL.,, and Kansas CITY, Mo.
Consolidated Barb.Wire Company OF Law
renee, Kan, and Joliet Ill.
Newburgh wire ana Nhi company OF
NewburEh, y. y.
To accomplish the object suggested, the following
plan has been agreed upon;
AGREEMENTS HAVE BEEN INTO
FOR THE ORGANIZATION OF A CORPORATION
UNDER the LAWS VI IRE STATE OF NEW
JERSEY. 10 BE hNoMN As Ihh AMERICAN
STEEL \ WIRE COMPANY. THIS CoRPo.
RATION WILL HAVE AN AuIhohlHtD CAPITAL
bTOCh Of SSoopu,ooo' ot "hISh S4o'uoo'ooo
WILL BE ShNhN FER OENl. INhILhllNE Pre-
\fERRED sIoCh AND Soo'ooo'ooo WILL BE COM
FoN STOCK.
This corporation Will acquire the above properties
timer by direct ownership or tnrouHh the ownership
not less than a majority OF the capital stock,
here it is not practicable to purchase the proper
Pes themselves.
A SYNDICATE HAS BEEN FORMED WHICH
WILL FURNISH THE NECESSARY CAPITAL
rHE o AND IN ADDITION
HERETO PROVIDING The NJ" COMPANY
WITH A WORKING CAPITAL OF
CAPlTAL OF The SEVERAL
WHICH WILL ENTER THE NEW CORPORA
f1oN. WHATEVER MAY BE NECESSARY OF
thls "ohhiNp CAfllAL MAY BE USED FOR
&HE OF OTHER
HAlCh MAY BE AuhhED ufoS hEhEAFiEh,
YHE ESIlhE AMOUNT OF CAPITAL 10 BE
FURNISHED By IRE sfNDlCAIE BLING s2s.-
100000.
Vhe syndicate agreements viii provide that the
rev jersey company snail acquire such OF tue capt.
= ME- " -, ~, ,.." AZ 49,. on paH
..w,.h. oso.h ,,h. tLt.-t.-h
- -. -. 49, .s-.-s-~.
- ~ ma. -
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-.
-. -. a.-.n-s.. -
a." 49, s-.L. -
A. -- ~ -.
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pHo
H., ~. -. -. 80 .a.ani
- -..... - 20 a.. ..-.s
49,. ~. - - :. a.
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- a We rIIcxI.E = co rE Nr-,v yOpH
% W w" ~
ILLINOIS TRUST AND SAVINGS BANK
OF IL will exchange tho
Certificates of the American steel and
Wire COMPANY, of Illinois, on the above
named basis, provided the same are
presented and deposited at either of
me onces aooEe named on or ne
iofe i.LsDAi' 'AN'Ahf ~ iooo' 'h"I
an event o. delaS III ISSUING 'he GER
".A'e o the q Jersey corporation N
teiih certihcates VIII DO isHue" eAcnhhke-
eoie ior the engraved certihcates "heh IS
sueo. Inc lnterlm cer,ihe"tes VIII Do issued
DJ enhef ".N W.. sehEmah d Co. or their
agents tine Illinois Trust and savings Bank
NJ Chicago).
II is very desirable that tbo sscal wear n, the New
Jersey corporation dominance on Janp.rv ! 1904
and 20 that end the Man mpst bo oonspmmated at
IN. earlss, no.sib,e d,tO. ,b.ro,or. .bs .tocLhoIdera
in the American Steel and Wir. Comnanv ~ ulinoi.
are reoue,,ed to pr.scpt and denosit their stock
promptly. 40 that The sama NAV he sneed;lv and
without DELAY exchanged and the organization Of
the New Jers.v comnanv facilitated
Books Of transfer NJ the AMERICAN stseI and Wirs