The Washington times., 1910-09-20
SPECIAL NOTICES
OFFICE or THE
Washington Gas Light Company,
4I3-17 TENTH STREET y. W.
Washington city. D. {.

Washington City, D G.
September l3s 1910
/ To the Stockholders OF the Washington
/ Gas Light Company:
Notice is hereby given that a special
/ meeting Of the stockholders OF the
/ " aShingtOn Gas Light Company Is
S S,.I.e.tul Dy me Board OF Directors OF nat
/ SVilpahy Tor and viii be held Oh, Eri-
I gay the fourteenth day Of October. 1Sle
| Al Y . clock N, at the principal Office
/ OF the Company, No. n3 Tenth Street
/ northwest, IN the City Of Washington
y - 10 transact such business as may
E-olSIIZ come before said meeting and
/ SsPeclaily to consider and approve OF
( ottHlcIWlse act upon tie following prOpO-
y. Cd Shall the Washington Gas Light
/ CSilFahy continue its practice hitherto
OF oeciaring regular quarterly dividends
/ . It's stockholders from its net earnings.
81 me rate or ten Der csntum per anuuru
/ IRyH us duthoT1Zcd capital or SZ,600,000.
"iuch Capitalization was made many
years ago, and does not now adequately
/ represent the fair value OF the property
O. tRe company used By il for the bene
I llt OF the public under the provisions OF
the COmpany's charter and its further
pIdctlce OF declaring extra dividends
iIofIl- Us undivtded profits; OF, shan Il
"a future distribute among Us stock
hcloerss IN the proportions TO which they
are respectively entitled. the net annual
ssruiuSs OF the COMPANY after deduct
I lnS rom It's gross earnings all proper
expenses Of administration ara az fre
conduct OF its business and che SUMS
necessary to ray interest upon IT'S bonds
ano ceruhcateS Of Indebtedness. to-
SethsT with an amount sufficient TO
cover Cepre clattOn in dividends to an
amount approXlmatinE SIX per cenfrlryl
| upon the fair value Of the DrOuerfv used
I BY the said Company for the beneFf ~
the PUBIC IN supplying gas under its
ci'afJeI' assuming that the said net earn
LSs s.. DC sufficient 70 Justify said
dividends
q, Shall the moneys needed annually
Ior, extensions Of the COmpany-s mains
peJterrcnts' be paid out Of the earn
InEs OF the COMPANY or shan s4s~r
i-lu--ess eLe3Iter De raised BY bond
issue OF issues secured by deed Of trust
uI'on all Of the Coupanv-s -.-o-,e-f--
which II is entitled TO ernb5-zca fr7 s4rl5,
/ oesa OF trust, said bonds 70 be sold To-
not leSS Unan par, and the ur1rerT4
betterments2
Cd Shall the comTs-y refund its OUT
StdT'.ln- ponds now 1oaTinE four Dqr cen
tum interest ar1c unt-. z 70 aprroxirrs+z
~ s51J-J1J in round numbers ana aTso
us outstanding dividend certificates ~
tcreSr- amounting TO s. 60 40 MIL
certificates Of Indebtedness are. now n.y.
l able at the option OF tho comDanv- nv
a new bond issue. secured by 6ae7 -
trust upon all OF the pro1erfy- ~ ~ -.
company which II is IoesIIy er5+5tIo,4 -.
embrace IN said deco Of frrSf go
I ocI24s - pear interest az the rate Of FIVE
! Per ceilLuTn Per anDum- and 70 30 ua1-z-
BE al such Z me OF times as the SAID So
Ga me- ne Of the stock holders F7sr-e7--
before called shall determine .r-uo7. 49,
contents NJ the said uoude and ~, ,e
the said deed OF tTI.St 10 be ar,-.ror-o.7
by meeting or the directors ~ ~
company subsequent TO the said stock
-oicers meeting but IN any ez-r~+ p,
contain a stipulation waving TIE 60.
utorv personal responsibility Of So,
stOckholder for the payment Of the ssIJ
BONDS and expressly StiuuTa-fny fhss
holders Of the said bonds shall rev orTv
Upo5i The security embraced IN lse said
decd OF truStZ Further. in the event
that the said StockHoIde-s- -~,-.-S----
shall determine that future oetferuenfs
shall not be paid out OF earufrl.-.s- F,,,f
shall De financed by a bond Issue San
the issue OF bonds contemplated in t7i-.
proposition be increased. AMI ~ So 10
what amount, for the purpose Of fnanc-
ing said betterments required in the
near fUture2
II II IS not thought expedient TO ra-
I. fund the sail issue OF S2.6rLdr0 Of dfvf-
den certificates Of indebted hess "a +ha
manner HeNt hereinbefoTe provided shall
the said total issue Of dividend cs-ffT-
Gates oflndebtedness be paid with inter
est 20 the date Of payment by fsa me-
cee1S OF the sale IN open market for
not less than par, of S2o-u,FD Of tie
said new bonds, OF Of 50 many ~ = ii
bonds as may be required for the pJr-
pOSe2
II L BE not thought expediert 20 sen
the said S2,6io-010 face value Of the said
bonds in open market, shan 50 MANY
Of the stockholders OF the cor7naY4y- al
n given date as shall avafi themselves
Of the privilege within a limited time
be entitled TO subscribe and p7v- for the
said bonds at their face value. said
privilege OF subscription and n7vmeur
to be proportional to the holdings Of the
respective stockholders Shall said
privilege next heTeinbefOre referred n
apply also to 50 much Of said new issue
OF issues of bonds as shan be required
for financing betterments2
All subordinate propositions en-
bTaced in GDd pertinent TO the said
main propositions above stated shall.
10 the necessary extent. be considered
and acted upon by the said stock
According to the charter and bylaws
Of the Washington Gas Light Com
pauy. 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 proDer
names for the period Of fourteen DAYS
previous to any stockholders meeting
IN order that all stockholders may
have an opportunity to have their stock
Company the stock transfer books Of
the Company viii be closed at close Of
business at p m on THURSDAY the
9th day OF September, 1910 aod viii
remain closed until the close Of bust
ness at 3 2. N. on Friday, the 18th day
Of October, 1910: and all holsters OF stock
a. aforesaid who shah be such at the
close Of business on said 18th dav OF
Septern Der. 1910, Will 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 IRON 70 O'Clock
m until 1 O'Clock p. m
Respectfully.
BOARD OF DIRECTORS OF THE
MASIItlNGToN GAS LIGHT COM