The Washington times., 1910-09-14
SPECIAL NOTICES
OFFICE OF THE
OFFICE OE The
Washington Gas Light Company,
4I3-lT TENTH STREET N W.
Washington City, d c,
Ear,~lr1 gaar- u TQff

Washington City, D. c.
September Is. 1910.
To the Stockholders OF the washington
Gas Light Company
Notice is hereby given that a special
meeting Of the stockholders OF the
Washington Gas llEhr COMPANY Is
called 10y the Board OF Directors Of that
company for, and will be held on, Fri
Gay, the fourteenth day Of October. 1910.
at j O'Clock N, at the principal office
OF the Company, No 4l3 Tenth Street
northwest, IN the city OF Washington,
D. G, 10 transact such business as may
properly come before said meeting, and
Otherwise act upon the following propO-
sitiOnS-
81 Shall the Washington Gas Light
Company continue its practice hitherto
o. declaring regular quarterly dividends
10 It's stockholders from its net earnings.
az the rate OF ten per centum per annum
upon It's authorized capital Of S2,600,009,
which ca aliZariOn was made many
years ago. and does not now adequately
represent the fair value Of the property
OF the company used by IL for the bene-
~ OF me pubic under the provisions Of
lne company charter. and It's further
IGdcIlce OF declaring extra dividends
rom Its undivided profits, OF, shall it
IN future distribute among its stock
holders In the proportions TO which thev
are respectively entitled. the net annual
earnings Of the Company after deduct
ing from It's gross earnings al proper
expenses Of administration and NJ the
conduct Of It's business and the sums
necessary 70 nay interest upon its bonds
ana certificates Of Indebtedness. to
gethsr with an amount sufficient TO
cover CeI)rectatlOn In dividends 10 an
amount aDproXimaIinE six per centuru
upon the fair Va lue OF the proDertv 4Ised
by the said Company for the benefit of
the PUBLIC IN supplying gas under its
charter, assuming that the said net earn
dividends.
90 Shall the moneys needed annually
o.
ana OtheT expenses generally cIaSsed as
oetOeI Irents be paid out Of the earn
ms OF the COMPANY, or shall such
moneys hereafter be raised by a bou5-
issue or issues secured bv deed Of +rrrst
ul'on all OF the COmpany-s proDerfv
which Il IS entitled to embrace in such
Geo . OF, OF trust, SAID bonds TO be sold for
llCl ieSS Inan par, and the proceeds
betteTments2
CD Shall the company reEund its out
starslins bonds now bearing four Der cen
tuTn interest amounting TO approxirra+e-
y S5g5,e0O IN round numbers and also
us outstanding dividend certificates Of
indebtedness bearing six. Der ceutur1 in
tereSJ, amounting 10 S2,6O0 100, which
certificates Of Indebtedness are now paw
able at the option Of the COMPANY. bv
a new bond issue, secured BY aed OF
trust upon all Of the prouerr,- of the
company which II is legally entitled 10
embrace IN said deco Of trust said
DOn0S 70 bear interest at the rate Of FIVE
per cenuuEn per annun, and TO be paya-
Die al such me OF times IS the said sps-
ctas me [ ng Of the stockholders herein
before called shall determine 1rrou % 5
contents Of the said bonds and also of
tne SAID deed OF trust to be approved
BY a meeting Of the directors Of the
company subsequent to the said stock
holders meeting, but in anv event 70
contain stipulation waving the stat
utOFy personal responsibility Of each
stakeholder for the payment Of the said
bonds and expressly stipula:Ing that
holders OF the said bonds shall relv only
upon the security embraced IN the said
deed Of trust2 Further, in the event
that the said stockholders meeting
shall determine that future Det+ermentS
shall not be paid out Of earnings. hut
shall be financed by q bond issue. snail
the issue OF bonds contemplated in this
proposition be increased, and II so. 10
what amount, for the purpose Of dnanC-
ing said betterments required in the
near futureZ
If it is not thought expedIenr to re-
fund the sail issue OF g. 5,ta,sl0 Of dfvi-
den certificates Of indebted ness in the
manner HeNt heTeinbefOre provided, shall
the said total issue OF dividend CSrtifi-
Gates Of Indebtedness be paid with inter
est 10 the date Of payment 5v the pro
ceeds OF the sale IN open market for
not less than par, Of S2,000,Vlg Of the
said new bonds, OF Of 50 many Of said
pose2
If II be not thought exped1ent 10 sell
the said $4,000 face value Of the aid
bonds in open market, snail 50 many
Of the stockholders Of the company at
a given date as shall avau themselves
Of the privilege within a limited time
be entitled TO subscribe and pay for the
said bonds at their face value. said
privilege of subscription and payment
to be proportional to the holdings Of the
respective stockholders Shall said
privilege next hereinbefore referred to
apply also to 50 much Of said new issue
or issues of bonds as shall be required
for financing bettermentS2
All subordinate propositions en-
braced in and pertinent to the said
main propositions above stated shall
and acted upon by the said stock
holders meeting
According to the charter and bylaws
Of the Washington Gas Light Com
pduy only such stockholders are allow
ed to vote 1T any meeting of the stock
holders as shall have been holders Of
the certificates Of stock Of the said
Company in their own and proper
previous to any stockholders meeting
IN order that al stockholders may
have an opportunity 10 have their stock
thus registered in the books OF the
the Company will be closed al else Of
business at p m on THURSDAY, the
9th day Of September, 1910, and viii
remain closed until the close of bust
Of October. 1870 and ali holders Of stock
as aforesaid who shall be such at the
close Of business on said 18th day Of
Septen Der, 1910, viii be entitled TO vote
at the special meeting Of the stock
holders hereby called for Friday the
18th day Of October, 1910
The polls VIII be open from q o'clock
n until I O'Clock ?. n
GOARD .)F DIRECTORS OF THE
WASHINGTON GAS LIGHT COM