Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-09-24
OFFICE OF THE
WASHINGTON GAS LIGHT COMPANY.

413-17 10th ST. NV.
Washington City. D. c., September 6. 1910.
To the Stockholders Of the Washington Gas
Light COMPANY:
Of the 81 the Wsshnsen Gas Light
Company is called by the board OF directors OF
sse S DAN Of sas wi at
at the principal Office Of the COMPANY No. 41s
10th street northwest. in the city Of Washing.
properly come before said meeting and especially
|, to consider and approve otherwise act upon
III Shall the washinRton Gas Light Company
continue its practice hitherto Of declaring regu-
its net earnings. at the rate Of ten Per centum
per annum upon its authorized capital OF
e. 600 600. which Capitalization was made many
sent the fair value Of the property Of the eSm
under the provisions Of the company's charter,
and i.s further practice Of declaring extra divi-
dends from its undivided profits: or shall 1t in
future distribute among fits stockholders. in the
proportions to which they are respectively en-
titled. the net annual earnings OF the company
proaer EXPENSE: Of f' admnstrst ratio and 81 the
conduct OF its business and the sums necessary
Of Ss an
Gent to cover denreciation. in dividends to an
ssmount appro1i:natins six per centum upon the
company for the benefit of the public in sup
plying gas under its charter. assuming that the
said dividends,
t2) Shall the moneys needed annually for ex-
penses generally classed as '.betterments'' be
paid out OF the earnings OF the company. or
bond issue or issues secured by deed Of trust
upon all OF the companys property which II y
to to In s,, fsan OF snd
proceeds thereof to be applied exclusively to
said betterments?
t3l Shall the company refund its outstanding
bonds now bearing four per centrum interest:
APPOINTING to approximately, 5000; oo3 in round
Interest a%"entina to ssSooooo which eer
option OF the company. by new bond issue
secured by deed of trust upon all OF the prop.
to emsraee in sad deed Of trust said bonds to
bear interest at the rate Of Eve per centnm per
holders hereinoefore called shall determine upon.
the eontent. of the said bonds and also Of the
Of the directors of the company subsequent to
fine said stockholders meeting. but in any event
personal responsibility Of each stakeholder for the
payment Of the said bonds. and expressly stipu-
only upon the security embraced in the said
deed Of trust? Further. in the event that the
future eetterments shall not a be paid out Of
ea1ninGs. but shall be financed by a bond issue.
shall the issue Of bonds contemplated In this
ter%ent. REQUIRED in 1.-The the near fu FUTURE .'
said issue Of $4,000 600 Of dividend certincates
Of indebtedness In the manner next hereinhefore
provided. shall the said total issue Of dividend
certificates Of Indebtedness be paid with interest
TO the date OF payment by the proceeds Of the
sale in open market. for not less than par. OF
So COO 900 Of the said new bonds. Of many
Of said bonds as may Ike REQUIRED for the purpose
50 ooo. 900 face value Of the said bonds In open
msrket. shall many Of the stockholders OF the
company at a given date as shall avail them
selves Of the privilege within limited time be
entitled to subscribe and pay for the said bonds
their face value. said privilege Of subscription
and payment TO be unconditional to the holdings
lerc next hereinbefore referred to apply also to
much Of said new issue or Issues Of bonds as
shall be required for financing betterments1
All subordinate propositions embraced In and
stated shall. to the necessary extent. be consid:
cred and acted upon by the said stockholders
meeting.
holders allowed to vote at any meeting OF
the stockholders shall have been holders OF
the certificates Of stock Of the said company In
fourteen days previous to any stockholders
meeting. In order that all stockholders may
have an opportunity to have their stock thu,
ssoes transfer books Of Is. Company viii s.
closed at close OF business at Pm on Thur:
day. the 10th day Of September. 1910, and Will
remain closed until the cioss Of business at
and all holders Of stock As aforesaid who shat
be such at the close Of business said 20tt
dsy Of September. 1910. will be entitled to vote
s ss q s 81
The polls will be open from II O'Clock N
until I O'Clock pm.
Respectfully.
TON GAS LIGHT COMPANY.
By WILLIAM B. ORME,
Secretary Warrington Gas Light Company.