The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-10-03


Washington City u. c.. Sept G. 1910
To the stdeth0deFs Of TIE Washington Gas Light
Company.
Notice is hereby given that a special meeting q
the stockaoiers Of the Washington Gas Light Com
pany calico hy the board Of directors o. that com
pans for. and sll be held on, FRIDAY the fear
teelth day " October. 1910 al Y o'clock m al the
principal ocs a tie company. No. AS Tenth street
northwest. il the City q Washington. ID. C., 20
transact such business as may 1perly cone before
said meeting. and esuecially % consider and sD-
prove u 9thssWl5s aet upon lie tcloslng peoposi
tons:
Gl Shall the Washington Gas Light Company con
tinus lis practice hitherto q declaring regular guar
t-ly dividends its stockholders from us ret earn
lnEz 40 The rate Ct 10 Per Ceutum EfT auuum Up1l
Us authorized capital Of N6OCI. winch c8pitaza-
uon was made many years ago. anu does not nov
81-GltIsg represent the Ia!r value O the property
q me c-mrauy used 81 ig f1r the benefit q ths
public under tie provisions q the eJmpsuy's char
iet. and s further practice Cf dscla-g extra d!F-
oe1ls IRON IFS undivided profits or slsN It n ID
liI- o,L-Dllr among It's stockholders. n the pro
portions 10 E1ch they aFe respectively entitled the
Est annual earnings 70 the company after decuei.ng
from us gross eaIn-lzs al proper erJenses q ad-
Il-zTatlcr and q the conduct Of It's business and
tl- suns necessary O. pay interest upon is bonds
ard certificates q Indebtedness together with an
amount sufficient % cover deDreca alton dividends
n a. amount aupEoEllating Ter cl1tum Uuon
The fair value Il the property Ussd Is The said
. company i1f TIE cf1ert ~ TIE U1tic = supplying
ess under Us charter. assuming that tie said let
earnings shall iE sufceut n Justify sad dividends!
~ shall the moneys needed ANNALS for szten-
s.ons q The canpsuy's mains and other expenses
generally ciassed as "betleFLsEts" be paid yut ~
Tie earnings q The company shah such moneys
hereafter be raised = q bCEd Issue or issues se-
cured by deed II trVs- upon al Of The comp1uys
n-operty witch . Z entitled % embrace IN such
deed o. trust. sad bonds % be sold f1E not less
than psF. aud The proceeds Thereof 70 be applied
exclusively o. said bet-emsutsz
81 sasN the company refund rs outstanding bonds
nov bearing pr ctutlm interest amounting t0 ap-
Fortunately s. 90 il round numbers and also IT'S
outstanding dividend certificates n indebtedness bear
ing per cFlrum Interest. 5nr-atug 70 S2lDen.
which certificates n in5eateizss are uCw PAYABLE 40
Tie option ~ TIE company Is . rev 51Id issue Sc
cured by deed q trust upon z ~ che property o. the
company which Il is legally entitled % embrace u
sad d1ed o. trust said bonds o. bear interest q
The rate q per esutum psr aunCm. aud 20 Be pay
able az such tine O. times as the szid SPECIAL
meeting q TIE stockholders 1ereiHhef1Ee called ssaH
1s-6rmine urCu The contents q the said bonds and
also o. The said deed q trlst 10 be approved ~
meeting n tie directors q The company subsequent
20 the sid Stockholders meeting but IN any evrlt
% contain sfirulstlol waving The statutory per
Eoull responsibility q each sr0CkhCllsr Tor tbs
payment q TIE said bonds and expressly stipustlnz
that holders q the said bonds shah rely only upon
lie security embraced in the said deed a trustl
Further. ia the event that che said stockholders
meeting shall determine that future bertermeufs
shall not be PAID cut Of She earnings. bot shall be
financed by a bond issue shah the issue Of bonds
contemplated IN this proposition b. increased, and
i 20. 20 what amount for the purpose Il financing
said bettsrmeuts required in the near futurei
II i IS not thought eEpecirlI n refund he said
issue q 81 CO 10 Cf dividend certificates Of ildebt
ednsss in The manner Iexi E5r-inbetuEe provided.
shall the said total Issue Of dividend certificates q
Indebtedness be paid with interest % The date
q payment by tie proceeds Cl The sale ln open
market, for not less than Tar Of S25S15 q the
sad rev bonds. ~ a 50 many Of Eald bonds A
may be required Tor the Lu-D1sai
-- D. Of q Ia e=If ~
$ 90 face value Ok tie said bonds n open
market, slaiI so many q the stockholders Of ths
company az a given date shall avail themselves
Of the privilege within l-nit5i time Dc eatitsd
70 subscribe ard pay f1r TIE said bonds a. tEeif
lace value. said privilege q subscription and pay
ment 20 be proportional 10 the holdings q the re-
spcctive stockholders shall sad privilege ne1t
hsrsinbefoEe referred 70 apply also % 50 much q
said issue issues e a1ds as shan be required
fof financing hsttsmsHtsf
All subordinate propositions embraced in and per
un6nt TO the SAID main propositions above sisted
shall, 20 the necessary extent, be considered end
acted unon by the said stockholders meeting.
According 10 the charter and bylaws of he
Washington Gas Light Company only such stockh0d-
allowed 10 vote az any meeting q the stock
holders shall have been holders q the certheates
OF stock Of the said company IN their own and
proper names for the period OF fourteen days pre-
nous t5 ans stockholders meeting In order that
all stockholders may have opportunity 20 have
their stock thus registered In the books Cf tbs
will be- closed az close Of business a. P n. On
Thursday. the 18th day of September, 1910. and
VIII remain closed uCtil the close Of business az
p. ~. On Friday the lsth day II October, 1919;
and Ell holders ot stock aforesaid who shall be
such 40 the close q business on said ZtH day q
September 100 wiz be entitled % F0ts 81 the
special meeting ~ the stockholders hereby called
l1r Friday the 18th day Of Octcbe- 1919.
The polls vill he open from e o'clock n until
1 oCl1ck p. n. Respectfully.
BOARD OF DIRECTORS OF THE WASHING
TON GAS LIGHT COMPANY.
b WILLIAM g. ORME
Secretary Washington Gas Light Company.