Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-10-12
OFFICE OF THE
WASHINGTON GAS LIGHT COMPANY,


OFFICE OF THE
WASHINGTON GAS LIGHT COMPANY,
413-11 10th st. NV.
Washington CITY. d. C.. September g. 1870.
To the Stockholders OF the Washington Gas
Light Company:
Of the stocshoIders Of the washington Gas Light
Company Is called by the board Of directors OF
iS 1ttS ar or t ss Wis 1e al neic oock
the principal ONCE OF the company, No. 413
10th street northwest. in the city of Washing
ton. D. C.. TO transact such business may
properly come before said meeting. and especially
10 consider and approve or otherwise act upon
ID Shall the WASHINGTON Gas Light Company
continue its practice hitherto Of declaring regu-
fits net earnings. at the rate of ten per centum
Ier annnm upon its authorized capital OF
years aro. and does not now adequately repre-
sent the fair value of the property Of the com
,pnder the provisions of the company's charter.
sfd rs further practice of declaring extra diyi-
S4e 1s OF h
proporfions to which they are respectively en-
titled. the net annual earnings of the company
after deducting from its gross earnings all
pro2er expenses OF administration and Of the
conduct OF its business and the sums necessary
To pay interest upon its bonds ard certificates
Of Indebtedness. together with an amount sun
Gent to cover depreciation. IN dividends to an
fair value of the property used nv the said
r99psps for tn. benefit Of the nuhe in sup up
said net earnings shall be SUFFICIENT to justify
said dividends?
tensions Of the company's mains and other e1-
penses generally classed as ''hetterments ne
rhs such OF one hepss.er be- rsiaea ny
bond issue issues secured nv deed of trust
entitled to embrace i such deed Of trust. said
bonds to be sold for lot less than par and the
said hettermrnts?
g, Shall the company refund IT. outstanding
omnt, now t~mr he $500 oo ~, roend
numbers. and also its outstanding dividend certih-
fases Of six which s sart
Gates Of Indebtedness are now PAYABLE at the
option OF the comrany. nv new bond Issue
erty of the compary which II is legally entitled
TO ~nt-ace in said deed OF ,rust. said bonds to
annum. and to be PAYABLE AT such time or
tines as the said specisl meeting Of the stock
the contents OF the said bonds and also Of the
said deed Of trust to be approved nv meeting
the said stockholders meeting. hut in any event
10 contain Stimulation waving the statutory
payment Of m" said bonds and EXPRESSLY stinu-
iatjr- that holders Of the sold bonds shall relv
deed ~ f-ust7 Further. in the EVEN. ths, the
ssii stock n'derS' meeting shall determine that
fsTe ~, Dn =, shall not be paid ont Of
rhen fhe ssue ~ bonds contemplated IN this
fo- ne the rs so s.d hs,
ternents REQUIRED IN the future:
II II is not thought expedient to refund the
$50 fssue of 80 6nn 0o0 81 dividend certificates
Of Indebtedness in the Mariner next hereintefore
provided. shall the said total Issue nt dividend
certificates of Indebtedness he pad with interes.
70 the date ~ navment nv the proceeds of the
sale in omen market: for not less than par. Of
- en- nna ~ the said bonds or OF So many
Of said bonds he required for the purpose
II ~ he rot thouVht expedient 10 sel' the said
- fn0 ON Sscp value OF IRE said bonds IN omen
market. shall Of the stockholders Of the
COMPANY at given date shall avail them
selves 81 the privilege within limited time ne
entitled 10 subscribe and for the said bonds
~ their face value ssid rrivie~e Of substitution
and paynpht TO he proportional IN the holdings
Of the resrecr1v7 stockholders; Shall said privi-
1ege next hereirhefore referred to apply also to
much Of said new issue or issues cf bonds as
shall be reuniref for financing hetterments?
All subordinate proDositions embraced in and
pertinent 70 the said main propositions above
stated shall. to the necessary extent. he consid-
cred and acted upon by the said stockhoders'
meeting
According to the chsrtrr and hv-Iaws OF the
Washington Gss LIGHT Cnmpany. only such stock
holders are allowed 70 vote at anv meeting Of
the certificates Of stock OF the said company IN
fhefr own AID proper names for the period OF
fourteen days previous to any stoskholders'
have an oDportunitv 70 have their stock TINS
registered in the hooks Of the company the
stock transfer books Of the company viii be
closed at close OF business at pm. Thurs
6ay. the 29th day OF September. 1870 snd will
remain closed until the clos. OF business at 8
Pm. on FRIDAY. rhe 18th day OF October. 1910:
and al holders OF stock aforesaid who shall
be such AZ tbe close Of business said 18th
dsy OF September. 1910. will he entitled to vote
a. ths specIsi meeting Of the .tosksoidsrs hereby
The polls will be open from II O'Clock m.
until O'Clock nm.
Respectfr1ly.
BOARD OF DIRECTORS OF THE WASHING
Ton GAS LIGHT COMPANY.
By WILLIAM B. ORMH
Secretary Washington Gas Light Company.