The Washington herald., 1910-10-13

Notice is hereuv ga,sn 10
the stockholders Of the Washington Gas Light COs-
psHy called By TIE hoard Of directors thst CON.
psny for. and viii be held or FRIDAY the iorr-
teenth dzy q October. 1910 at y O'clock a. ms
principal Office q the company. No. 43 Tenth street
noTthWest IN the City Of Was1ing-on ID. C.. .
transact such business nay IItpsr'y cone bsfoss
said meeting. and especially 20 consider and ap-
prove OF otherwise act upoa tie following PROPOSE
tons:
Cd Shall the Washington Gas I5fht Company con.
tiDue its practice hitherto q lecs-ng regular qlaT.
teriy dividends q its stockholders rom IT'S net earn
ings 80 The rate y % per eeutgn tSr snnurl upon
It's authorized capital Of y2tU0Jl. ehich captains
ton vas made many years ag7, and d1es not nov
adequately represent the far value q tha pTeperg
Of the company used D. IL ;9r the benefit q ths
public under the provisions q the eJmpany's char
tsr. and It's further practice n iscaIing extra diE'
de11s from rs undivided PROFITS; or shall u In n.
tJre distribute among its stoCkhClders IN the pTo-
portions 20 which thsy are respectively entitled ths
net annual earnings cf the company afteT deductng
from iis gruss earnings 81 proper erDensss of ad-
mnirtrstion and q the conduct d is business and
the Necessary % Vav !HIsTest upon It's bonds
ard certificates q Indebtedness. together with
sDount sufficient 70 cover 5eUrec'ati1n. n dividends
70 an amount spproIlmEriUF Ter cuntum upon
the fair value u tie properly used by The said
COMPANY for the benefit ~ the public l. supplying
gas under is charter assuming that tie said net
earnings shall! - sufficient % Justify said dVidendsf
- shall the moneys needed snHualH for extern
Sons a the ooupauy's mains and other expenses
generally classd "h5tteunelts" be paid uut q
tie earnings q the company. q shall such moneys
hereafter hs raissd b. band issue or issues Sc
cured ~ deed q tTgs- uPol al O. the companys
prCpSrU which i Is entitled 90 embrace IN suea
deed q tEust. said bonds 90 be sold for not less
than par. ard ire proceeds thereof to be applied
exclusively @ said bst-smeutsf
~ Shah ~ cCmrzuy refund is outstanding bonds
rev hearing Der ctu--u interest amounting 70 ap-
prosIma:e'y So &C il round numbers and also rs
frr FrF yea - .H I've FGT
ms per csntum interest amounting 20 SEQ co..
which certificates @ Indebtedness ere payable 80
tie opficn -f IRE cr-rE-v rs new bond issue Sc
cured BY deed q tus, upoa s o. The property o. tbs
company which Il Is legally entitled 10 embrace Ia
ssiE 6evt - rus, sad bonds o bear interest az
re rate o. Pc csutCm rsr a-uUa, aud 20 be pay
zcle A. such tine or times as the ssid SPECIAL
meeting q me stockholders hsrsinhef-re called sau
determine upra the contents = the said bonds and
also n the SD deed q trust 10 be approved b
meeting q the directors o. TIE company subsequent
% the said stockholders meeting. but 10 any event
% eoniain a stipulation waving The statutory per-
soual responsibility q each stockh0ider for the
payment OF the said bonds and expressly spglatinR
that holders q the ssii bonds shall rely uuiy upon
the security embraced in the said deed q trusi3
Further. In The event that the said stockholders
meeting shall determine that future betterments
SHAH not be paid cut Of tire earnings but shall be
financed by . bond issue. shall the issue Of bonds
contemplated in this proposition be increased. and
II So 10 what amount. for the purpose o. financing
II IL Is not thought eXpedeut 20 refund me SAID
issue Of s. 900 Of dividend certificates Of indsh
edness In the manner next hereinbefOEe provided
shall the said total Issue Of dividend certificates %
q payment by the proceeds o. the sale ia olen
maIk>t Tor not less than DIT. Of & GO 900 - ia
said new bonds, or of many Of said bonds
nav be required for the Eurposel
II il be not lhOUgng sxpedent % sell the ssh
s. go. 600 face value q the said bonds in Omen
market. shall so many Of the stockholders Of rs
company at a gwen date shall avail themselves
Of the privilege within a limited time be entitled
10 subscribe and pay for the said bonds AZ their
face value. said privilege OF subscription and pay
ment 10 be proportional 10 the holdings II the
spective stockholdersl Shall said privilege next
hereinbefore referred to apply aiso 20 50 much Of
said issue issues Of bonds shall be required
for financing betteTments'
All subordinate propositions embraced IN and per-
tinent 70 the said main propositions above stated
shall 10 the necessary extent be considered and
acted upon by the said stockholders meeting.
According 10 the charter and bylaws q ihs
Washington Gas Light Company. only such stockhold
ers are allowed 10 vote a. meeting Of the stock
holders shall have been holders Of the certificates
Of stock Of the said company in their own aud
proper names for the period Of fourteen DAYS pre-
Eious 10 any stockholders meeting In order tina.
all stockholders may have opportunity te havs
their stock thus registered in the books q the
company. the stock transfer books Of the company
viii be closed at close Of business at y. N. on
Thursday. the 9Th day Of September. 1910 aud
viii remain closed until the close Of business at
p. m. on Friday the 18th day Of October 1910:
and ell holders Of stock aforesaid who shall Re
such al the close Of business said 18th day Of
September 1910 will be entitled 10 vote a. ths
special meeting OF the stockholders hereby called
for Friday. the l4th day Of Octobec 1870.
The polls will he open from a o'clock n. until
O'Clock p. n. Respectfully.
BOARD OF DIRECTORS OF THE WASHING
TON GAS LIGHT COMPANY
b. WILLIAM g. ORAfB.
Secretary Washington Gas Light Company.