The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1910-09-26
SPECIAL NOTICES
OFFICE OF THE
Washington Gas Light Company.
413-I7 TENTH STREET y. ".
washiuston City. D. c,

Washington City, D c,
September r. 1910
To the Stockholders OF the Iyasninzton
Gas Light Company.
fotice is hereby given that a special
Washington Gas Light, Conpsnv Is
called by the Board Of Directors OF thar
company Tor, and VIII be held on, FRI
Gay. the fourteenth day Of October. $40
AT y O'Clock N. at the principal ofacs
o. the Company. No. SI3 Tenth Street
northwest, n the City OF Washington.
u =, 10 transact such business as may
properly come before said meeting, and
especially 10 consider and approve CT
Otherwise act upon the following proDo-
% Shall the washington Gas Light
company continue its practice hitherto
OF declarlng regular quarterly dividends
70 lts stockholders from its net earnings.
q nc ietS u Ter per cent0rq per anuur1
upon its authorized capitaI OF 3 60q.00a
which capita lizatiOn was made many
years ago, ana does not now adequately
represent the fair value Of the UrOue-ry
OF tne company used BY Il for the bena
" Of the public under the provisions OF
Iile company charter, and its further
practice Of declaring extra dfvfder6s
nom It's undivided profits: OF, shall Il
IN future distribute among It's stock
nclderss II the proportions 70 which they
are respectively entitled, the net annual
earnings OF the COnpanv after 6edT,~f-
l.lS LIoln Is Sross earnings all proper
expenses OF sdminiStra ton and OF the
conduct Of its business and the sUT0s
hec.Sss-fl 70 nay interest UPON It's bonds
ana ceruheates Of Indebtedness, to-
SeI1er WIN an amount sufficient "a
cover oeDreciatiOn in dividends 10 an
amount aDprOXimating six uer centrum
upon the fair value Of the property used
oy the said Company for the beneff ~
the public IN supplying gas rU5er IL
charter. assuming that the said Uef ea---
lngs shal be sufficient to justly sad
~ Shall the moneys .~eeded annually
for extensions Of the CCuuarvy-S r7a7rz
ano other expenses generally cfassed -
- -
ings Of the COMPANY, or shan s---I,
moneys hereafter be raised by q b0,-T
issue or issues secured by deed OF trust
upon al OF the COmDsny's PROPERTY
which IL is entitled to evnbrsca in is71cb
deed Of trust said bonds to be soI5 fo-
not less than par, and the proceeds
betterments7 - ~ 9alA
90 Shall the company refund It's ont
stdI-'s IN, 10.idS now bearing four per cen
tuTn interest amounting to approxf--s+e.
~ SogJ,Oo IN round mum hers ana -,
rs OUTSTANDING dividend certificates ~
nc otecIless bearing SIX per ceRtum in
certificates OF Indebtedness are novr ~
able az the option OF the coupauv h.
a new bond issue, secured BY deed -
trust upon all or the properly ~ 49,.
company which i Is IeZaiTy a,-45-y-.z -.
embrace in said deco OF trrr,-+ 80
bOTdS to bear interest at the RAJ, Of f7[-s
Per cenIuTn per annurns and 70 Be psys-
bic at such me OF times = tI,a - g
ca rIEt [ NJ OF the SrockIoTGe~- Ts---ss-
Sef5re called shall determine mon -
contents OF the said bonds and aTEo -
he said deed Of trust 70 Fa sr,=---e -
by a meeting Of the directors - -.
cOnIFauE subsequent TO the said So
-olCtis Hiee.luS, out IN any event 70
contain stipulation waving the 60
utory personal responsibility ~ -,
StOckEOloeT Tor The payme1- IF ~ -
HcBCs- and expressly stipuIa-fn.y fbsr
holders OF the said bonds shall rev oT,I--
upon me security embraced in fss ea55
oeed o. uuSl- urtneT- in the event
that the said stockholders meeting
shall determine that future 0af4e--7e-,f5
shah not be paid out Of ezros---- -
shall be financed by bond iss-Ia r75sTI
the issue Of bonds contemplated in mis-
proposition be Increased AM II So -
what amount for the purpose Of fusnc-
ing said oetIernents required in fba
near futuTe2 e-0
II It is not thought exped7en+ -
fund the sail issue OF s2S-i.-a0 - ,=5-5
den certificates OF indebted aass in ~.
manner heNt hereinbefOre provided. SHAH
the said total issue OF dividend csr+fa-
Gates OF Indebtedness be paid with frfe--
est 10 the date OF payment bv roe -
Ceeds Of the sale in open rlIsrL-c+ -
not less than par, OF S2,v15.g-s of ire
bonds as may be required for me pJJr-
pose?
If il be not thought expe=1e7t - es77
the said S2,6oo-o39 face value OF the said
bonds in open market, shall 50 many
OF the stockholders OF the co1lna17v s+
a given date as shall avail themselves
Of the privilege within a limited tine
be entitled 10 subscribe and pav FOR rHs
said bonds at their face value said
privilege Of subscription and pavmx0r
TO be proportional TO the holdings Of the
respective stockholders Shall said
privilege next hereinbefcre referred 10
apply also to so much Of said new issue
or issues OF bonds as shall be Teoufrsd
for financing betteTments2
All subordinate propositions en-
braCed in and pertinent 20 the said
main propositions above stated snail.
to the necessary extent. be considered
and acted upon BY the said stock
holders meeting.
According to the charter and bylaws
Of the Washington Gas Light Com
pany. only such stockholders are allow
ed to vote at 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
names for the period Of fourteen days
previous to any stockholders meeting
In order that al stockholders may
have an opportunity to have their stock
thus registered in the books Of the
Company. the stock transfer books OF
business at p m on Thursday. the
18th day Of September, 1910, and VIII
remain closed until the close OF b11sf-
ness at D IL on [riday. the 18th day
of October. 1870 and all holders Of stock
as aforesaid who shall be such at the
close Of business on said 9th day OF
September. 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 rom L O'Clock
N. until ! O'Clock p. m
BOARD OF DIRECTORS OF THE
WASHINGTON GAS LIGHT COM
WILLIAM p ORME. Secretary. Wash