The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1910-09-28
OFFICE OF THE
Washington Gas Light Company.
ia TENTH STREET n "
Washington City. D. G.


September Is, 1910
To the Stockholders OF the Washington
Gas LiSht Cs=lpang-
notice Is hereby given that a special
meeting OF the stockholders OF the
washington Gas Light Company IS
called by the Board Of Directors Of thai
company for. and VIII be held on, FIR
day the fourteenth day Of October, 1914
A. y O'Clock N, at the principal Office
OF the Company No s13 Tenth Street
noFIhWesJ, IN the City OF Washington
D c. TO transact such business as may
properly come before said meeting and
especially 20 consider and approve or
o e,l3eI wise act upon the following propo-
% Shall the Washington Gas Light
company continue its practice hitherto
OF declaring regular quarterly dividends
70 its stockholders from fts net earnings.
AZ the rate Of ten per csntun per anuUm
upon It's authorized capital OF S2,6Og,cJ0.
which capitalization was made many
years ago ana does not now adequately
represent the fair value of the property
OF the company used BY g for the bene
~ OF inc public under the provisions Of
the CCmpany'S charter and IFS further
pIaCJlce OF declaring extra dividends
nom It's undivided profits: OF. shall e
hctceTS- N the proportions % which they
ar respectively entitled, the net annual
earnings OF the Company after deduct
ing from is gross earnings all proper
expenses Of administration and 0f tho
conduct OF its business and the sums
necessary % pay interest upon It's bonds
gethsr with an amount e,Ffrfe1+ 70
cover deprecistiOn in dividends to an
amount approXimatinE six per ceutur
upon the fair value OF the property used
by the said Company for The Fe0eHr -
the public IN supplying gas rruGer ffs
charter, assuming that the said net earn
dividends
% Shall the moneys needed annually
toI extensions OF the COTupany's mains
and other expenses generally cIasse6 as
be tteTmcnIs'' be paid out OF fhe en-
ines OF the Company, or shall such
moneys hereafter be raised bv- = hon.
issue or issues secured bv decd Of f-rI<t
upon all OF the Couuauv-e urone~fv
which L Is entitled 10 ernbra &c in sfs~6
DEED OF trust, said bonds 70 be sold for
not less than par, and the proceeds
betteTmsnts2
81 Shall the COMPANY. refund f+z o,r-
staEGin. bonds now bearing four Der -
tuTn interest. amounting 10 approxfrnafa-
- Soyt,e0O IN round numbers and also
its Outstanding dividend certificates OF
lnct DleuIlt-sS bearing six per centurrl in
. terest, amounting TO s250G,e10, whI~H
certificates Of Indebtedness are nov ma =
able at the option Of the company by
q new bond issue, secured BY deed 81
trust upon all or the property of the
company which Z Is legally entitled 70
embrace in said deco OF trust. sz,i5
bCTdS 70 bear interest al the RATE ~ ia
per Ce-tum per anuun, and TO be ray-s
bic at such Z me OF times g he Sai5 -
C5d me ne Of the stockholders herein
z
! contents Of the said bonds and also -
ne said deed Of trust to be aEsIroye5
by a meeting Of the directors o. tbe
com F2ny subsequent to the said SrO~I-
,OIC6rs' meeting. but in aDv sy-erSt =
contain stipulation waving the STAT
utOry personal responsibility OF ear-.
StOCiChOlder Tor Inc payment OF the -
bonds. and expressly stfDula-frr fbst
holders Of the said bonds shall reIy- r-,I-1
upon me security embraced n &C. said
deed Of trust2 Further, IN fhf. event.
q 1~T1
shall determine that future oefSermeots
shah not be paid out Of eaTuiusy- F,-.-
shall be financed By a bond Issue. sralI
the issue o. bonds conte-nn1aTsd in fhfS
proposition be Increased. AMI II 50 10
what amount Tor the purpose Of fnanc-
ing said betterments required in tho
near fUtuTeZ
IL It is not thought expedien. Il, -.
fund the sail issue Of s2,6rl.,sl9 OF d!vf-
den certificates OF indebted ness in the
tanner IseLt heTeinbefOre provided SHAH
the said total issue Of dividend csrrIF-
! Gates of indebtedness be paid with inter
est TO the date OF payment ~ tee urr,-
/ ceeds OF the sale II open market Tor
not less than par Of S2,ctJ,vg Of The
said new bonds. or Of so many 81 SD
{ bonds as may be required fer me pur-
pOse2
/ the said S2,6o0.Oo0 face value Of the sa ID
bonds in open market shan 50 rnau-
. OF the stockholders q the company II
/ a given date as snail avail thc-1seI Ives
L
+ BE- entitled to subscribe and pay fo7 tn
I said bonds al their face value said
privilege Of subscription and payment
I to he proportional to the holdings OF The
! rssnec1ive stockholders Shall said
I privilege next EereinbefCre referred 10
! a0plv also TO so much Of said new issue
/ or issues of bonds as SlaE be required
/ Tor IuanCi..G betterments2
/ Al subordinate propositions en-
/ rrsced II and pertinent TO the said
/ main PROPOSITIONS above stated shall.
( to the necessary extent be considered
{ and acted upon BY the said stock
I holders meeting
I OF the Washington Gas Light Com
/ rauv only such stockholders are allow
I "a 10 vote at any meeting Of the stock
I holders as shall have been holders OF
/ the certificates Of stock OF the said
/ names for the period Of fourteen DAYS
/ previous to any stockholders meetiI 2
/ IN order that all stockholders may
Z have an opportunity to have their stock
! thus registered in the books Of the
Coupany-. the stock transfer books OF
[ the Company viii be closed at close OF
business at ?. m on Thursday, the
18th day Of September, 1910, and
( remain closed until the close Of tytIS.-
( ness at . .. n on Friday, the 18th day
Of October. 1910: and all holders Of stock
, as aforesaid who shall be such at the
close Of business on said 18th day Of
Il September. 1910, VIII be entitled to vote
at the special meeting Of the stock
18th day Of October, 1910
1 The polls win be open IRON = O'Clock
/ m until o'clock p m
Respectfully.
I BOARD Of DIRECTORS OF THE
NASLlINGFoN GAS LIGHT COM
! WILLIAM r ORMT.- Secretary. wash