Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-10-13
OFFICE OF THE
WASHINGTON GAS LIGHT COMPANY,


413-f7 10th st. NV.
Washington City. d. c.. September G. 1910.
To the Stockholders of the Washington Gas
Light Company:
o. the stockboideTs Of the Wa Washnstor Gas Iisni
Company is called nv the board Of directors OF
s sS DAM # for s will 1ao Dc he'd on
81 the principal of6re of the company. No. 4l3
io,h street northwest. In the city OF Washing
properly come before said meeting. and especially
I" consider and approve or otherwise act upon
tD Shall the Washington Gas Light Company
continue it's practice hitherto of declaring regu
IFS net earnings at the rate of ten per centur1
ror annnm upon It's authorized capital OF
years ago and does not now adequately repre-
sent the fair value Of the property OF the com
under the provisions of the company's charter,
and Its further practice of declaring extra divi
future distribute among its stockhoidrrs in the
PROPORTIONS to which they are respectively en-
;lsd tss net ANNUAL earnings Of the company
proper expenses of administration and Of the
conduct Of Its business and the sums Necessary
Of Indebtedness together with an amount sum
Gent to cover depreciatlon. in dividends to an
amount experimenting six per centum upon tne
fair value of the property used by the said
company for the benefit Of the public in sup:
plying gas under Its charter. assuming that the
said dividends,
~ Shall the moneys needed annually for ex-
tensions Of the company's mains and other ex-
penses generally classed as ''betterments'' be
shall such moneys hereafter he raised BY .
bond issue issues secured by deed Of trust
ersed TO OF embrace "a such dssd Of trust said
bonds to be sold for rot less than par. and the
proceeds thereof TO be applied exclusively to
q, Shall the company refund its outstandns
fnn In
nunecrs and s:o its outstanains dividend ssstn
INT To d.
Gates OF Indebtedness are now payable at the
oPtion Of the sompsny. by new bond issue
erty Of the company which 1t is legally entitled
to "mt-sce in said deco Of trust. said bonds to
annum. and to be PAYABLE at such time or
times a. the said special meeting Of the stock
The contents Of the said bonds and also Of the
said deed Of trust to be approved by meeting
the said stOckholders' meeting. but in any event
10 contain stimulation waving the statutory
payment Of the said bonds. and expressly stinu
1ating that holders of the said bonds shall rely
e Of ta rSsT se event ss.
said stockholders meeting shall determine that
s ssa he h ns be be PAID bond 0
shsll the issue Of bonds contemplated In this
rronosition be increased. .nd II so to what
termentS REQUIRED IN the near future;
~ = is not thought os n e1pedsnt to refund the
provided. shall the said total Issue Of dividend
certificates OF Indebtedness be paid with interes.
10 the date OF payment by the proceeds Of the
Eale IN open market. for not less than par. OF
81 6on. 001 OF the said bonds. Of NAVY
Of said bonds NAV he required for the purpose !
II y he rot thought expedient to sell the said
G1rket. shall so many Of the stockholders OF the
company at given date shall avail them
selves Of the privilege within limited time Be
entitled 10 subscribe and paw for the said bonds
a; their face value. said nr,vi'ese Of subscription
ard payneht to be proportional to the holdings
~ TIRE respective stockholders? Shall said privf-
ieg~ next herelnbefore referred TO apply also to
sn much OF said new issue or issues Of bonds as
shall be REQUIRED for financing bettermentsf
All subordinate proposittons embraced In and
pertinent 10 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
TIE certificates Of stock Of the said company in
their own aid proper names for the period Of
fourteen DAYS previons TO any stockholders'
have an opportunitv TO have their stock TINS
Registered in the hooks OF the company the
stock transfer books Of the company will be
ricsed at close Of business at nm. on Thurs.
remain closed until the close Of business at
pm on Friday. the 14th day Of October. 1910;
ard all holders Of stock rs aforesaid who shall
be euch at the close of business said 29th
day Of September. 1910. VIII he entitled to vote
~ the special meeting Of the stockholders hereby
called for Friday. the 18th day OF October, 1910
The polls win be open from II O'Clock N.
Respectfnlly
BOARD OF DIRECTORS OF THE WASHING.
TON GAS LIGHT COMPANY.
BY WILLIAM B. oRMB.
Secretary Washington Gas Light Company.