The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-07-25
Spectral $40
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.irginia-C Carolina
Compan,
EXECUTIVE OFT
Riohmond. Va, j
To the Stockholders:

Ii
To the Stockholders: yesterday. IaeS
The company hereby sSos.' ma
stockholders. both comm,aen , -,
ferred. the twenty thous ,e-ya.sn.ss can
shares OF the par value OF n,t,g The mon y
dollars (sl0O) each hereto.,ryi,, tnart II
lied and remaining unlsS i, may. jan
eight per cent. $50 cumiis workinp 4, &
ier?ed stock. Tor cash. at III. and Is gun y
and fifteen dollars Csll5l hes looking {. "A
upon the following terms e cry OF all II N
tons Re so few prnu Ri
Such preferred stock shs boys who LOO VI
tied to the same dividend. UP before IN, e
and privileges from the datotheS' ana IN
as the original preferred std
ICED by the certificate OF incl 80. h. y
cwr,ml,,t,.a .fts.r.S ,oiS her? lie is
pany are paid quarterly theS nd n. nut :,
dend payment having been CO. nnrauss
Is. 1911. the company willE;,h ~" Tnw,
a fund, which. together witty tb,, ,ohoav
dends 10 accrue on said twe6,rtinr with n
sand (20,000) shares of s;ocks
date OF Issue thereof. shall be2
to enable the holders OF thee obit in news
receive, and they shall be written t5ont
amount per share equal TO 4 is going 70
amount OF dividends as mayR NC The d.
per share 20 the holders OF Is regrets for
ing one hundred and eighty D. Billy Han
Gs0.0o0) shares of the preterH never lived.
on the next regular dividend behalf lea que.
date, to-wit: October Is. 1911. ambition for
Every stockholder of record cost VIM
close OF business at r. VI. onye ", 'a''" ~
August (, 1911, shnlI he emit 49,. o. -
subscribe for such number 60 ~ ~
shnrcs OF the snfd twenty t;.u.,m 80 49,,
t20000) of snid preferred stOck,c.ae and Row
per share, ms he may desire, noE~ there ON,
cess of nm amount equal to .0i3+!iea sing no,
approximately I-3 per cent? ge 10 hear
amount of stock OF the companyftbnt same
common and preferred then sta
In his nnme on the hooks of the
pany; that In, right Will nttache Ports
each share of the then outstn1 the man
stock to subscribe Mt the foregu:h In ali
rnte for said preferred stock, hut 70 for the
scrtptions must be for full shnres. rdewatel
This right to subscribe Will ess II as
az the close of business ut 3 p. M!Nha' ar
Friday, August 20, 1911. as mat
No subscription for a fraction Oft Ports
snare will be received. but fractiorue mex
rights may be adjusted by the puer teIl
chase or sale of rights. The compans
can neither buy nor sell rights. 80 \gu
Warrants dated August 4, 1811, spec ri
flying the amount of stock to which
stockholders nre entitled under this
circular Will be Issued and iuniled to
ehch ntockhoIder soon after August
4, i0I1, ns practicable.
ne rights specified In said warrants
Tor full shares or for fractions thereof
may be sold and transferred by assign
ment executed in the form prescribed
and printed thereon.
stockholders who may wish to sub
scribe Tor a portion Of the stock COW
cred by warrant and, dispose Of the
balance. or who may wish to dispose
OF portion to one person and the bal
anee to another should return their
agent. the New york trust Pr,is COMPANY ar,sr
26 Broad Street New York City, n Y,
10 be exchanged for other warrants
specifying the number of warrants de-
sired in exchange and the number OF
shares to he covered by each
Holders Of warrants calling for frac-
tional shares should either purchase
further, fractions in the market to
make up whole shares or sell their
fractions. as no fractional shares will
be issued.
The warrants must he returned to
the cOnpRny's agents for this purpose,
Mcsars. Blair & Coz ut their Office, No
"a Broad Street, New York, NJ ", with ~
the subscription Endorsed thereon, duly
signed. ON or before 8 p. NJ. of Friday,
August rs, 1911, and no subscriptions
can be received In any other form, and
payment in full for the shares 10 sub.
scribed for must accompany such SUBJ
ncriptfOn, md such payment must ba
made by certified check on n New York
hank or trust company, or by u hank
draft on New York, payable to the
order of Messrs. Blair 6 Co., or by
cnHhi otherwise the right to subscribe
VIII he void and the warrants of no
value.
Messrs. Blair & Co. will issue ad in
term receipts for the said payments.
and certificates for the stock will he
delivered as soon after August 25, 1911,
as they ca be prepared.
BY order OF the Board OF Directors
s. T. MORGAN So
President