New-York tribune., 1902-12-24
Finaural.
54 Wan Street New York City.

81 wau Street New York City.
Decenber Is 1902
To the guarzntors named in certain agree
n,eurs made by them with THE MECHAN-
ICsI RUBBER COMPANY and F. 6 SMITH
ERs CO.. the originals of which agree
menfs file with the CENTRAL
Trust COMPANY OF NEW YORK. and TO
the holders of Certificates Of the Central
Trust Company of New York issued in pur-
suance Of .uch nEreementsE
TAKE NOTICE That the Central Trust Company Of
New York been notified by The Mechanical Rubber
Conany the quick assets Of said Mechanical huo-
r Company realized and the amount real
ted shows deficiency Of s6ss 616 S from the estimated
alue thereof Exhibit attached 70 said
asreerents guarantors to whom certificates OF
the Central Trust Company q New York were issued II
pursuance severaIy liable for the
said sum and n the proportion thai the
number OF shares Of boh preferred and couao)
of the Mechanical Rubber Company deposited by said
gussntoTs respectively with the Central Trust Company
Of New York as recited agreements the
the preferred and common shares Of said
The Mechanical Rubber Company. namely. 1882 shares
ns Of said deficiency chargeable against
each share OF Of The Mechanical Rubber Company
oth preferred con-On) deposited aforesaid is
the sun sI4 2s -. and that In said proportion the
said guaranrors severaIy liable for said deficiency
according the number Of shares Of said Mechan cal
Rubber Company both preferred and deposited
aforesaid.
The deposror each share Of preferred stock OF the
Mechanical Company received 15o5565o shares OF
preferred and l5065z shares Of stock OF
Rubber Goods Manufacturing Company. and the de-
ptor Of share Of stock OF The Mechanical
Rbber Company received shares CT the preferred and
"a shares Of the common stock OF the Rubber Goods
Manufacturing Company. approximately fifteen cent
Of he stock OF the Rubber Manufacturing Company
70 which the depositors respectively entitled was
dsposrea with tie Central Trust Company New York
pursuant the provisions Of the aforesaid agreements
Dividends received ~ the Central Trust Com
pa1y Of New YORK upon stock deposited, and the
amount Of such dvtde together with Interest thereon
allowed by the TrcI Company OF New York up
70 the GATE hereof each share Of the pre-
tsrred stock Of the Ru50er Goods Manufacturing Com
p2ny 70 the sum Of S26 5, and for each snare Of the
common stock sad Rubber Goods Manufacturing
Company 10 the SUM OF $50.
Pursuant OF the said agreements The DE,
Company demanded that the Cenla
Trust Company New York dispose OF SAD pTelere-
CT the RU0osr Gooos MISUNDERSTANDING
Company atOresalo. PGnLlc
pay proceeds thereof 70 The Mechan-
Company, credit Of sad goaren1ees-
provisions OF SAD eeAiSl4Ns
Central Trust COMPANY oI
New 18th day OF February. lsUS, al L<-oO
sell said shares OF stock ool
preferred OF the Euboer Goods AlaIllLa1.
Z Muller & Sons, auctl0neers, AT the
New ,scsrooEa, Number III t5roN41
Borough Of Manhattan City Of New YORK, n X ecep
only such shares the Rubber CIoocs Man
Company prior 70 SAD sale De oeiiV
cred persons entitled thereto under the terms
the said agreement upon the payment IN cash 70 tns
proportions total Of the aforesaid guaranty
properly cnarzeable against the stock EithdraN1
TaE CENTRAL. Trust COMPANY OF NEW YORK
E FRANCIS HYDE