The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-10-05


To The Stockholders u the Washington Gas Light
Company;
Notice is hereby given that special meeting o;
TIE stockholders q the Washington Gas Light Con
pahy : called BY the board q directors n that con-
pany for. and wiil be held on. FRIDAY the fosr-
teenth day q! October 1910 e. y O'Clock n Al the
Principal Office Of the CON Iauy No SO Tenth street
D9fthHest. ~ the Cts o. Washington. d. C.. 70
transact such business as may properly cone before
sad meeting and especially % consider and aD-
prove g Otherwise act upon the foll0Ving propozi-
lions:
l shall the Washington Gas Light Company con.
tluue It's practice hitherto q declaring regular quar-.
t@.y dividends 10 its stockholders ftJm IFS net
ngs. a. he rate q 10 yer eentum Ter au1um ppoa
rs Authorized capita! Il $4,000. which capts'izs-
LYl vas made many years ago. does nc.
adequately represent the fair vslue u the property
OF NE company used p j. for tie benefit % t-=
public under tie provisions Of the cmpauF's CHAR
Ter, and ITS further practice of declaring extra diF-
dends from IFS undivided profits Or s.laM 70 10 tu-
tgre distribute among IFS stnckhClieH II the no
portions 70 which they respectively entitled. the
uet annual earnings a the company after deduct ~
from rs grJss earnings 81 proper exoeasss II ad-
minlstfsti1n and Il the conduct o. It's business aud
The SUES necessary 70 rsy iuJe-szt upon its bonds
and certificates Of Indebtedness. together with al
amount sufficient 10 cover deurec alton q d.gidsuds
10 an amount approIlmaTlng Ter cur-1m upon
the TAR value q the p-upe-ry Used Is the SAID
company for The benefit q The public = supplying
gas under SIS charter. assuming that tH- sid uat
earnings shall le sufficient 20 Justify said dividends,
~ Shall the mo1eys needed Annually Ter ey-en-
SONS o. The company mains and other eypsuse,
generally ciassed IS "betterueats' be paid cut =
The earnings n the clmuanv OF shall such Moneys
hereafter be raised p a brrd issus 1r issues se-
cured hy deed q trV5r upon an Of the c1npl1y's
property which % l. entitled Oh embrace b. such
deed Of trust sald bonds % be sold f1r not less
than pr. snd the proceeds thereof 10 be applied
exclusively % said bet;encntss
- SHAH the company refund SIS ou-stsr7fng horfs
nov bearing per cenTum interest amounting 10 an
protlnstely S659.0o il round numbers and alto is
outstanding dividend certificates q indebtedness hsr-
ing leT centmn interest amounting % g GOOD
which certificates Of Indebtedness are nov payable az
the option q the company by a new bond issue Sc
cured BY deed Of trust upon al Of the property u the
company which u Is legally entitled 20 embrace IN
said deed n trust said bonds % bear interest 90
ihe rate q Per crntum TT auuum. aud 70 he pay
able 90 such time or times as the said s1ecla!
meeting Of the stockholders hsrei1hef1Fs called Shall
Cetesnile upon. the contents 4 the said bluds and
also q the said deed Of trust TO he APPROVED hr =
meeting q The directors Of The company subsequent
70 the said stockholders meeting bat in shy event
70 contain stipulation SAVING the statutory per-
sonai responsibility q each stocEaolder Tor tLs
payment Of the said bonds and EXPRESSLY stipulHtiug
that holders q the said bonds shall rely only upon
tie security embraced in The said deed Of tr1stl
Further. in the event that The said stockholders
meeting shah determine that future betternents
shan n1t be paid our a the earnings, but shall be
financed by a bond issue. shall the issue 81 bonds
contemplated IN this proposition be increased and
TO- 20 what amount, for The purpose a financing
said betterments required In the Usar future3
II Il is not thought eXpsdisnc 20 refund the said
issue CT SEQ 600 q dividend certificates Of indsb-
edness in the manner next he-e-uhst1Te provided.
shall the SAID total issue II dividend certificates u
Indebtedness be paid with interest 10 Tire date
Of payment by the proceeds Of the sale IN Open
market. for not less than par u g go 90 q the
said new bonds. ~ many o: sad bonds as
mas he required for tie Gu-p1sss
II il be not th0ug-r eypsdisut 10 sell the said
4 E.afF All rN aHrH H1-Ha 10 man
market. shall 80 many q the Stockholders Of the
company a. A given date as shall avail themselves
Of the privilege within a limited tine be entitled
to subscribe and pay f1F the said bends at their
face value ssd privilege q subscription and pay
merit 20 be proportional 20 tie holdings q the re-
sTecttya stockholders! shall sad privilege neIt
hsreiHbetoTe referred 20 apply also 70 50 much q
said issue OF issues q bonds as shall be required
Tor financing betteTmeuts4
All subordinate propositions embraced In and FER
tnent 20 tie said main propositions above stated
shall. 70 the necessary extent. be considered and
acted upon By the said s.ockh1dsrs' meeting.
According 20 the charter and bylaws u tbs
Washington Gas Light COMPANY only such stockhold-
eTs allowed vote AZ any meeting Of the stock
holders shall have been holders Of the certificates
Of stock Of the said company IN their own and
proper names for the period q fourteen DAYS pre-
rious 70 any s,0rkholders meeting In order that
all stockholders may have an opportunity 20 haze
their stock thus registered IN The books 4 tbs
company, the stock transfer books Of the company
VIII be closed at close OF business az s y. m on
Thursday. the 10Th day Of September, 1910 and
VIII remain closed until the close q business az
r. M on Friday. the Isth day o October 1870
and ell holders IL stock aforesaid who shall Be
such Al the close Of business on said 18Th day Of
September. 1910 viii De entitled to vote a. the
special meeting Of the stoekholdeuz hereby called
fer FRIDAY the 18Th day Of 0ctoheF 1910.
The polls will be open from o'clock until
o'clock p. m Respectfully.
BOARD OF DIRECTORS OF THE WASHING
TON GAS LIGHT COMPANY.
b WILLIAM 9. ORSfE.
Secretary Washington Gas Light Company.
2aIsTrr