Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-09-28
OFFICE OF THE
WASHINGTON GAS LIGHT COMPANY,

u. n. ".
Washington City. D. c.. September 8. 1910
20 the Stockholders Of the Washington Gas
Notice is hereby given that special meeting
Of the stockholders of the Washington Gas Light
COMPANY is called BY the board Of directors tors. Of
the 14th day of October. 1870 at IL O'Clock m.
at the principal Office Of the company. No 4ls
10th street northwest. in the city. Of Washing
ton. D. C.. to transact such business as may
properly come before said meeting. and especially
to consider and approve otherwise act upon
the following propositions:
ID Shall the Washington Gas Light Company
continue its practice hitherto of declaring regu-
lar quarterly dividends to its stockholders from
its net earnings. at the rate OF ten per centum
81 800. 900. which capitalization was made many
years ago. and does not now adequately repre-
pany used BY it for the benefit ( of the public
under the provisions OF the company's charter.
dends from its undivided profits: or shall it in
future distribute among its stockholders, In the
Tilted. the net annual earnings Of the company
after deducting from its gross earnings all
Conduct Of its business and the sums necessary
to pay interest upon its bonds and certificates
to- ea2ei with IN to
amount experimenting six per centum upon the
su Tor OF the the T s public sy fe e
plying under Its charter. assuming that the
said net earnings shall be sufficient to justify
f9 Shall the moneys needed annually for ex-
tensions Of the company's mains and other ex.
paid out of the earnings of the comrany. or
shall such moneys hereafter be raised by
upon all of the company's property which it I:
entitled TO embrace in such deed OF trust said
proceeds thereof to be applied exclusively to
said betterments?
bonds now bearing four per centum interest:
amounting to approximately $500 600 In round
Gates Of Indebtedness bearing six per centum
interest. amounting to s2.6o0.OOO. which certih-
Of Z, are now payable hord at
secured by deed Of trust upon all of the prop.
. Of the &c oG as wen !, # is a bens
bear interest at the rate Of five per centnm per
annum. and to be PAYABLE at such time or
holders hereinbefore called shall determine upon.
The contents of the said bonds and also of the
Of the directors of the company subsequent to
the said stockholders meeting. but in any event
personal responsibility Of each stakeholder for the
payment Of the said bonds. and expressly stipu-
cnly, upon the security embraced in the said
deed Of trust? Further in the event that I'll. the
future betterpents shall not he paid ont Of
earnings. but shall he financed by bond issue
proposition be increased. and Il so to what
amount. for the purpose Of financing said bet
teTent, renUrsd In the nes5 e refund fine
eaid issue Of 81 100000 Of dividend certificates
Of aps bs the ss5 S
certificates of Indebtedness be paid with interest
10 the date Of payment by the proceeds of the
sale in open market. for not less than par. OF
So. 600 Of the said new bonds. or OF so many
Of said bonds may be required for the purpose?
II II be not thought expedient to sell the said
81 600. 600 face value of the said bonds in open
market. shall many Of the stockholders OF the
company at given date as shall avail them
selves Of the privilege within limited time be
entitled to subscribe and pay for the said bonds
at their face value. said privilege Of subscription
and paymehte to be proportional to the holdings
Of the respective stockholders? Shall said priv
much Of said new issue or Issues of bonds as
ehaH be required for financing betterments?
All subordinate propositions embraced In and
pertinent to the said main propositions above
cred and acted upon by the said stockholders
meeting.
According to the charter and bylaws Of the
Washington Gas Light Company. only such stock
the stockholders as shall have been holders Of
the certificates Of stock of the said company in
their and proper names for the period Of
fourteen DAYS previous to any stockholders
have an opportunity to have their stock thus
registered In the books of the company the
stock transfer books Of the company will be
closed at close OF business at pm on Thurs
remain closed until the close Of business at 8
pm on Friday. the 14th day Of October. 1910:
and all holders Of stock as aforesaid who shall
re such at the close OF business on said 10Th
at the special meeting of the stockholders hereby
called for Friday. the 14th day Of October 1910
The polls will be open from IL O'Clock m
until / O'Clock pm.
BOARD OF DIRECTORS OF THE WASHING
BY WILLIAM B. ORME.
Secretary Washington Gas Light Company.