The Washington times., 1910-10-01
SPECIAL NOTICES
OFFICE OF THE
Washington Gas Light Company,
E5-I7 TENTH STREET ~. W.
washington City. D. c,

Washington City. D. G,
Septembes q. 1910
To the Stockholders OF the Washington
Gas LiSht Cfmpany.
Notice IS hereby given that a special
meeting or the stockholders OF tbs
Wia,ssin rt Gas Light Company IS
Company for, and vii be held on. FRI
day. the fourteenth day Of October, Isia
At y O'Clock n. al the principal ofacs
northwest, n the city OF Washington.
D 2, to transact such business may
properly come before said meeting. and
especially TO consider and approve or
other wise act upon the following propo-
~ Shall the Washington Cas- T1zbt
Company continue its practice hitherto
OF declaring regular quarterly DIVIDENDS
70 It's st0ckhof ders from it's net earnings.
az the rate 81 ten per centun per anuuun
upon It's authorized capital OF E2.50oGg0.
which Capitalization vas made many
years ago. and does not now adequately
represent the fair value Of the property
OF the Company used BY q for the bene.
- OF the public under the provisions Of
ne i. , .ItoLnp Pc - charter. and it's further
from It's undivided profits. OF, shall Il
IN future distribute suSng It's stock
holders Ia the pTOpOrtis|ns 20 which thev
earnings OF the Company after deiu-t-
Ing nom It's gross earnings ali proper
expenses Of administration and Of Tbs
conduct OF It's business and the Suns
necessary 70 pay interest upon its bonds
ana certificates Of Indebtedness. TO-
gether with an amount sufficient "a
cover deDreciatfon IN DIVIDENDS - an
amount approxtmatfnS six per centuu
upon the fsir value % the property used
the Fuobc In supplying gas under is
charter. assuming that the said net earn
ings shat be sufficient to justify said
(g Shall The moneys needed annually
for extensions Of the Company-s mains
and other expenses Eenerafiy cIsszef =.
~-r- -
ings Of the Company. OF shah such
moneys herea fter b raised BY 2 bond
issue or issues secured BIZ deed % trust
| upon al Of the Company's property
which IL is CT Tiled to embrace in s17~T,
decd Of trust said bonds u ~ sold for
/ net less than par and the proceeds
| thereof 20 + applied exclusively 70 aid
] betterrnentg2
90 Shall the company refund IFS out
stardinc bonds noU bearing FOUR per cen
/ tum Interest, amounting to approxfuats-
/ y $4,000 IN round mum berS and also
its outstanding dividend certificates AZ
terest. amou2tfng 70 $500 st MN, n
certificates OF Indebtedness are now nav
/ able At the option OF the company, 6v
trust upon ali OF tire property Of -
| company which i f. legally. entitled ~
| embrace in said deed OF trust. ssid
boE5s 20 bear Interest at the rate % -
/ per Ce1tum per anuun, and 10 be psvs-
bic at such me OF times as the said 80
cia. meet ng Of the stockhoIders Ts-s5-
| Sefore called shall determine tTzon 50
/ contents Of the said bonds and aT,o ~
he said deed Of trust to be ss50rovSz
/ by meeting OF the directors OF the
| company subsequent 70 the said sfo~I-
| hOlC6TS' meeting. but IN any event 70
I contain q stipulation waving the s+s+
utoTy. personal responsibility OF eac7s
/ stockbolder for the paymeas OF the -
! bonds and expressly stfuuIarf1CT IHa1
| holders Of the said bonds shall reI-- 49,
/ upon the security embraced n Re said
| deed Of trust2 Further, IN the event
that the said stockholders r,se.f-1
| shall determine that future Olf4e-r7srfa
! shall not be Eaid out Of ealuin.-s 80
! shall be financed by a bond Issue. sbsI
the issue of bonds contemnIaTad II, +Ef5
proposition be increased. AMI II 81 -
| what amount. for the purpose OF dnauc-
/ ing said bettermenJs required n tbs
\ near future?
/ ~ ii is not thought exDedien+ n -.
/ fund the sail issue OF S2.6y5..a0 OF SivI-
den certificates Of indebted cSs in rhs
manner rseXt hereinbefore provided 81
| the said total issue OF dividend csrtfas
I Gates Of Indebtedness be paid with inter
est TO the date Of payment 5v the pro-
/ ceeds OF the sale IN open market. for
not less than par, OF S1o11.g0 OF fba
SAID new bonds, or Of so many 81 SAD
bonds as may be required Tor ne rgIr-
n II be not thought expedls,et % sell
the said S2.6000oo face value OF the said
bonds IN open market shan 81 many
| of the stockholders OF the company a.
| a etven date as shall avail themselves
| OF the privilege within limited tine
u
! SAID bonds at their face value, said
nTIvfIeRe of subscription and payment
I TO be proportional 10 the holdings OF the
respective stockholders? Shall said
orfviIege next hereinbefcre referred TO
I aDpIyt also to so mucn OF said new issue
~ issues Of bonds as shall De required
| for InancilsE betterments2
An subordinate propositions en-
I bTaceS IN and pertinent 20 the said
main propositions above stated shalt.
] 70 the necessary extent De considered
| and acted upon b. the said stock
holders meeting
I According to the charter and bylaws
Of the Washington Gas Light Com
nanv- only such stockholders are allow
81 to vote at any meeting OF the stock
bolders as shah have been holders OF
the certificates Of stock OF the sad
COMPANY in their own and proper
previous to any stockholders meeting.
IN order that all stockholders may
have an opportunity to have their stock
thus REGISTERED in the books Of ths
Company, the stock transfer books Of
the Company will be closed at close Of
business at , n on Thursday, the
9efb dav OF September, 1910, and viii
remain closed until the close OF busi-
ness at 3 D N. on Friday, the 18th day
of October 1910 and al holders OF stock
close OF business on said 18th day Of
September. 1910. VIII be entitled 70 vote
at the special meeting OF the stock
holders hereby called for Friday. the
18th day Of October, 1910
The polls will be open IRON = O'clock
n. until / O'clock p II
Respectfully.
BOARD OF DIRECTORS OF THE
WASHINGTON GAS LIGHT COM
FANY-
WILLIAM b ORAIE, Secretary. Wash
inEton Gas Light Company