New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-06-15
Financial.

CENTRAL TRUST COMPANY OF NEW YORK.
81 Wall Street. New York.
Pursuant made by Syndicate for the
exchange Of shares of the Rubber Goods Manufacturing
Company shares of United States Rubber Com
the undersigned gives behalf Of such
Syndicate the Central Trust Company of New York Is
prepared deposit of certificates for any
shares OF tho Rubber Goods Manufacturing Company for
the purpose of such exchange the following basis:
For $500 par value of the Preferred Stock
of the Rubber Goods Manufacturing Company.
s10O par value of the so cumulative First
Preferred Stock of the United states Rubber Corn
pany.
For each 500 par value Common stock
OF the Rubber Goods Manufacturing Company. $50
par of GO cumulative Second Pre-
fe1red Stock Of the United States Rubber Com
pary.
Such preferred stock OF the Rubber Goods Man.
ufacturing Company must carry all dividends and
rights to dividends declared payable after July
!, 1905.
Dividends on the preferred stocks of the United
States Rubber Company TO be delivered to de-
positors begin to accrue from July l, 1893
Arrangements have already made for the acqus-
ton Of very proportion of the stock OF the Rub
Der Goods Manufacturing Company.
The offer herein made for stock or the Rueoer GOODS
Manufacturing Company conditional the deposit
OF at least two-thirds in amount OF
all outstanding Of the capital stock OF the Rubne
Goods Manufacturing Company.
Certificates for stocks OF tie Rubber Goods Manuac-
urin Company deposited with the Centra! trust
Company Of New York depositary' as stated below
in exchange for its transferable receipts
The deposited certificates must be accompanied by suit
able assignments powers of attorney. in blank duly
executed and having thereto. if required suit
assignments transfers OF ali dlVioecs anu s7
10 dividends as above stated. Every deposit must be
md nnQit
a. The undersigned shall have power to deiive.
the deposited certificates to the United states
Rubber Company; but until so delivered the IN
aersigned shall have full control over such certih-
cafes The transfer and delivery to the United
States Rubber Company of the deposited shares OF
the Rubber Goods Manufacturing Company, may
be completed whenever the undersigned shall! deem
that a sufficient amount OF such stocS shai' nave
deposited.
(2) The certificates for shares of the United
States Rubber Company deliverable to deposito-s.
shall BE- delivered at the Office of the Central
Trust Company of York in the City OF New
York after public advertisement by the under
signed made in at least two newspapers In the
City of York Such certificates may Dc
Issued in the names of the respective holders Of
the receipts entitled thereto. may be issued In
such other names the undersigned may select.
which event they shall be endorsed for transfer
blank the time of delivery. Every de-
postor agrees to accept in full payment and ex-
change for his deposited stock certhcates Tor
shares in the capital stock of the United States
Rubber Company be delivered at tho rates
above specified. in respect of the stock by him SO
deposited. At the option of the undersigned. tenn
norary certificates for such shares may be de-
livered. pending " preparation and delivery OF
engraved certificates.
The United states Rubber Company has issued
and has now outstanding 235. 255 shares of pre-
ferred stock and ESQ., goo shares Of common stock.
Under resolutions of its Board OF Directors at
the meeting thereof held May IL. 1905. which
action was ratified by resolutions Of the stock
holders In special meeting assembled upon May
% 1906 the preferred stock is to be changed into
a First Preferred stock and is to be increased to
400 coo shares of which e05i4 shares will be
issuable in exchange for an equal amount Of
shares of Rubber Goods Manufacturing Com
pany and the remaining First Preferred Stock
will be reserved for future requirements OF the
United States Rubber Company. By the same
resolutions there been authorized issue
Of 100 600 shares OF a Second Preferred Stock OF
the United States Rubber Company. all of which
will be issuabe the aforesaid Syndcats under
q contract with United States Rubber Com
pauy of which q copy file with the Central
Trust COMPANY OF New York, and to which refer
hereby is madel. providing for the oner by
the Syndicate OF share of sucn Second Pre-
ferred Stock Of the United States Rubber Com
pany for every shares OF the common stock
of the Rubber Goods Manufacturing Company.
To the extent that the Syndicate shall not be
entitled to such Second Preferred Stock under
said contract such Second Preferred Stock VIII
be held by the United States Rubber Company
for its future corporate requirements 1t is the
intention of the United States Rubber Company
to make application to the New York Stock Ex-
change for listing of all stock.
81 The Central Trust Company Of New York
may make all such rules it shall deem eXpe-
dent covering transfer and registration OF
receipts for deposited shares and for the closing
of the transfer books for such receipts for any
purpose
a. At any time before the stocks of the United
States Rubber Company actually shall have been
issued and in exchange for stocks OF tho
Rubber Goods Manufacturing Company deposited
hereunder this offer may be revoked: and in such
case no act or notice of revocation shall De re-
ouired other than an advertisement thereof at
least once in each of daily newspapers In the
City of New York. In the event Of any Such
revocation, the deposited stocks then remaining
unexchanged shall be returned without charge
upon surrender CT the respective receipts issued
therefor and TIE depositors and receipt holders
respectyely shan claim against the United
Sta+es RutEer Company the sgndicats or
against Undersigned
renosts mus. 10 the Office OF the Central Trus
r,orpany OF New York. 81 Wall Street New York City
IN or before OF June, 1905 After that dat
no deposit will IN the discretion OF th
undersigned SUCH terms the undersigned ma,