The Washington herald., 1910-10-12

Washington City %. C.. sept D. 1915
To the Stockholders Of the Washington Gas LiEbi
Company:
Notice i hereby gwen th,t special meeting o,
TIE stockhoiers q The Washington Gas Light Com
panY Is called by tie board q dire+uTs e that cen.
Fanv for end viii b hvl4 90. FRIDAY the f5.r-
tenth Ssv ~ Oetobe-. 1910 a 2 o'clock n "a. Ia
TIinc pal Office q the company. No i3 Tenth street
39rthwest. IN the City q Washington. D. C.. %
tEspsact such business as nay properly come befos
80 meeting and especially 20 consider s-d Ep-
prove otherwise act upon Tie following prCposi-
ti0Hs:
a. Shall the wsehinetoa Gas Light Company e5a-
time is rraecs hitherto q declaung regular quar-
teriy dividends 70 a. stockholders fm its net earn
ngs. st he rate q 10 Iszr centun isr sHnUm Upoa
ts Authorized capital q i26 90. which capts-iEa
II1n vas made many years F-0. ana dos lot nov
adequately represent TIE fair valle d the property
Of the company usd rv {, fJ- the benefit q rHs
public under The provisions q the eompany's char
Ter ard is further practice - declaring extra dTi.
bends from ia undivided Tutts; r. shall L IL n
ture distribute sEans It's stockholders. N the Qro-
portions 20 which the -ape lively entitled. the
net annual earnings a. the company zf-er ce-uclng
from its grOs earnings al proper eLBfuses q sd-
miEi7frstt0a and q the conduct Of its business aad
TIE sums Necessary o. Hay interest Enon Us Bones
and CertiEsates Of ir5ebt6dness- together with al
amount sufficient 10 cover deU-ec alton. n dividends
e an amount EpFrGzlu-lt!Hv Ter esutum upoa
the fair value q The property Used " the said
company TO- the benefit o. the public l. supplying
gas under It's charter assuming that the sid net
earnings shall Ie sufficient 90 Justify said GiudendsI
q Shall the MONEYS needed annually for ezten'
SONS cf the e9mpsnys mains sne other expenses
generally CHASED as "betterrnerts' te paid uut q
the earnings q the company q shall such moneys
harssfte. be raised = q bond issue o. issues Sc
cured by deed q trVss upon al Of he COMPANY
property which il L. entitled 20 embrace IN sucl
deed Of trust said bonds % be sold for not les
than par and the proceeds thereof % be applied
exclusively 10 SAID bettermsG's!
o. Shall the company refund ia outstanding bonds
now bearing pr ceutum Interest amounting 70 Ap-
proJimately 500 0o1 iu round number and aso its
outstanding dividend certificates ~ Indebtedness bear
ing Fer centunl interest amounting 70 S-eD0Da.
which certificates Of ndsa-e7ss are now payable AZ
the option q tae company tv res Bond issue Sc
cured by deed q trgst upon ll @. Tie properly % ms
company which Il Is legally entitled 70 VniIac7 y
said deed q tulst said bonds 20 bear interest 80
The rate O. per csutum per aruum. and 20 be pay
able az such tine times as the ssid specisl
meeting Of me stockholders hzreinhe're called swan
determine upon. the contents ~ The sad bonds am
also q ;hs std deed = trust % Re approved BY
meeting Of tbs directors a The company subsequent
10 the said s1oCshCltcrs meeting, hat ia any e7=nt
70 contain stipulation waving the statutory per
s5nal responsibility a each stockh-ldsr for the
PAYMENT Of TIE said bonds. and expressly stipu2'ing
hat ho'der Of the said bonds shan re-y Only upon
the security enbraeed n The sad deed o. tr1sti
Further IN the event that the said stockholders
meeting shall determine that future bettemsnts
shall not Be paid out Of the earnings. but shall ea
financed BY a bond issue shall the issue al bonds
CONTEMPLATED in this proposition De increased. anc
Z 60 20 vh8t amount for The purpose Of financing
said bettermeuts required n the mar futuTef
II it IS not thought eNpedisnt % refund .hs ssif
issue q 8 fl 600 Of dividend certificates q iBdeb
edress IN the manner next hervinbet0re provided.
shall the said total issue Of dividend certificates Of
indebtedness Re paid with interest 70 tbs date
Of payment by the proceeds q the sale IN ofsn
markst fer not less than par. Of $500 90 CT lie
sid new bonds. Of many u said bonds -
may be required for the Eurpossf
II il he not thought expeclent 70 sell the ss'1
8 coo oO face value q the said bonds in opsa
market shall so many Of the stockholders az tAs
company AZ a gwen date shall avail themselves
10 subscribe and pay for tie said bonds az their
face value, said privilege Of subscription and pay
ment 90 be proportional 20 The holdings q the re-
sIectiTe stoczholGersf Shall SAID privilege next
hereinbefore referred 70 apply also 20 50 much OF
said issue issues q bonds as shall be required
for financing bstteTmentSl
All subordinste propositions embraced IN and Ter
tinent 20 the said main propositions above stated
shall 20 the Necessary extent be considered and
acted UPON By the said stockholders meeting.
According 20 the charter ard hrlsHs - fhs
Washington Gas Light COMPANY only such stockhoit-
allow ed 20 vote a. meeting of the stock
holders shall hsvs besn holders q the ce--iAoate1
Of stock Of the said company IN their own aai
proper names FOR the period 4 fourteen DAYS pre-
Vious 70 any stockholders meeting ln order th1i
al stOekh-ldens may have opportunity 10 laFs
their stock thus gistered in tie hooks q the
company. The stock Transfer hooks Of she c1mpaHf
wiz be closed ST close Of business a. p A. on
Thursday. the 1sth cav y SeD.rmh~-. l'-2. ana
viii remain closed urtii the close n business az
z. N. Friday the 18th dsy Of Octa5sr. 1919.
ard ell haiders = stock al Aforesaid who shan os
such AZ the close q business on said eg'a cly %
September 1870 viii De entitled % vote a. ths
special meeting q she Etockholdvrs hereby called
lor FRIDAY, TIE l4iA day q Oetobsr 1917
The polls will BE- OPEN from q ocllck q. Cnth
o clock , N. Respectfully
BOARD OF DIRECTORS OF The WASHING
TON GAS LIGHT COMPANY
b. WILLIAM 3 ORNE.
Secretary Washington Gas IAsht COnpsny.
seisn.