The Washington herald., 1910-09-18
SPECIAL NOTICES SPECIAL NOTICES

OFFICE OF THE WASHINGTON GAS LIGHT
COMPANY. 4l3l7 TENTH ST. NV.
Washington City, i. c., Sept. g. 1910
To the stockholders Of the Washington Gas Light
Compary-
Notice Is hereby given th,t special meeting Of
the stockholders II the Washington Gas Light Com
Tauy called by the board q directors Of that
plny for. aud viii be held or. FRIDAY the four
teenth day q October 1919 a. z O'Clock n. ar the
principal Office Of the company No. 43 Tenth street
northwest, IN the City o. Washington u. c.. 70
Transact such business as may IRE perry come before
said meeting. and especially 10 consider and ap-
prove or otherwise act upon the following PROPOSE
tiCns:
Oh Shall the Washington Gas LiFht Company con
time IT'S practice hitherto Of declar ms regular quar-
teTy dividends 10 It's stockholders f. IN lis net earn
ing, az The rate Of 10 Per centum Ter annun upon
lis authorized capital 81 SeHO0. nhich capitalize
ton was made many years ago ant does not now
adequately represent the fair value 81 the property
OF tile company used by Il for the benefit OF the
public under the provisions Of the cJmpany's char
ter and IT'S further prsct-e Of declaring extra dyi-
dends from ijs undivided profits: or shall il In 70.
ture distribute among Its stockholders, IN the pro
portions 90 which th6E respectively entitled the
net annual earnings OF the company after ceouC -
from ns gross earnings an proper eXDensss Of adj
HlulsTai0n and q the conduct Of ats business aud
the sums necessary 20 pay interest upon lis bonds
and certificates Of Indebtedness. toE5ther with
amount sufficient 20 cover depreciation dividends
70 an amount approxIm4tng Ter ctntum uron
At ldH ialle OF The pIuieriE used ~ the sliq
company for the benefit Of the public j. supplying
gas under It's charter. assuming that the said net
earnings shall - sufficient n Justify said dividends!
% Shall the moneys needed aunual' for exten-
slons Of the company mains and other expenses
generally classed As "bettsments" be paid cut Of
the earnings 81 the company. OF shall such moneys
hereafter be raised by bond issue issues
cured by deed Of trust upon all Of the company
property which il Is entitled % embrace in such
deed Of trust said bonds 20 be sold for not less
than par, and the proceeds thereof 70 be applied
exclusively 20 SAID heiteuments?
90 Shall the company refund IFS outstanding bonds
now bearing per centum interest, amounting - APP
Iroxmatey S610e0 IN round numbers. and also its
outstanding dividend certificates Of Indebtedness bear
ing per eentum interest amounting 20 = GOD CO.
which certificates q indebtedness PAYABLE az
the option Of the company by a new bond issue Sc
cured ley deed Of tst upon all of the property of the
company which II Is legally entitled 20 embrace in
said deed Of trust said bonds 10 bear interest az
The rate Of peE centum Per annum. and 70 be pay
able az such time or times the said special
meeting Of the stockhoderS hereinbefore called shall
determine uFou. the contents q the said bonds and
also Of The said deed Of trust 10 be approved BY a
meeting Of the directors Of the company subsequent
to the said stockholders meeting but IN any event
10 contain a stipulation waving the statutory per
sonal responsibility Of each stockholdsr for the