Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-05-05

Observation-Disclosures Trust Com
pany New York; National shawmut
bank. Boston. -,
PER COMPANY
AZ Broadway,
New York City, \. Y, January 9, ~
To the Stockholders of INSpIRAT1ON
COPPER GoM a.. i,a,i Ard y I'VE oAN
inspirations Consolidated Copper Com.
nany, incorporated under the laws 81
Maine, with an aGthoriZed capltsd OF
81. 600 $50. all common stock divided into
SO. GA shares. par value so each. hereby
offers the stockholders OF Inspiration
Copper Company. Maine corporation,
md Live OAK Development Company, an
Arizona corporation the pi ivilege uh.li
and including January ~. 1872. OF eX-
changing their stock for full paid stock
If Inspiration Consolidated copper COM
pany on the basis OF
Two shares of Inspiration Copper
Company stock for one share OF In
spiration Consolidated Copper Conn
one share of Live Oak Development
COMPANY stock fer two shares OF IN
SEPARATION Consolidated Copper Com
pany stock.
GUARANTY TRUST COMPANY OF
NEW YORK, No. Is Nassau street
New York city. \. Y
KIDpER, PEABODY & CO, NO ll2
Deyonshire Street, Boston, Mass.
are authorized, until and inciudlng jan
uary %. 1912 20 receive certlllcates OF
stock of your Companies offered for eN-
change on the foregoing basis. when such
certificates are endorsed and witnessed
so as to make a good delivery under the
rules of the New York Stock Exchange
or the BostonN Stock Exchange, as the
case may be, and must be accompanied
by written instructions giving name anu
ADDRESS of person to wnom s tectshc cantit-
Gates will be issued as soon as pre-
pared. -, ;,
but the Depository will pay $40 IN cash
for any odd share of Inspiration copper
Company so, deposited
Ali stockholders of Inspiration Con-
solidated Copper Company of record az
the close of business ON February |. lslz'
will be offered the privilege, to ana m
GLIDING March |, 1872, of subscribing TOT
it's S6.0000oo of eonvertiple BONDS az pa pa;
by such stockholders respectively or ~
less amounts, but only In muitlpies Oh
$500 payable in four equal inStaiinenlS %,
March /, 1872. September l 1917. March J.
1918. and September ], 1913. These bonds
will be Ten Year Six per cent. coupon
bonds, convertible into stock OF the Com
Company by lot at $ll0 with accrued IN
terest on any interest day. and VIII pc
i'm denominations of $500 and sl,VVe each.
All the stock required to- effectuate the
offer made by Guaranty Trust Company
of New York and Kidder. Peabody & Co
10 purchase stock of your Companies,
and also said $6,0O0,O00 bond issue, nave
been underwritten at par, by responsive
parties. a., -;
The Company intends proceeding nm
mediatey to have erected a CohcehlI .iI.,
ing Plant of not less than 7,doo tons oailA
capacity to treat the Inspiration anu i
Live Oak ores, and contemplates that not
over 10t0,01o shares will be REQUIRED u
accomplish this and provide Tor Tue tue
above exchange OF shares ana coiiNe sun
The New York law requires payment oil
a stock transfer tax OF two Genus , on
each 800 and fraction thereof, par V a,ith
of the stock Certificates deposited WIFI
Guaranty Trust Company OF New io o,n
must be accompanied by money or inc
tax stamps TO pay this taS ,,,.oo.ors 81
INSPIRATION Consolidated
COPPER COMPANY.
]. w. ALLEN, Secretary.
G f;Illlpil TRUST COMPANY OF
% Nassau street, New York City. n. Y.
KIDDER, PEABODY & co.
liz Deyonshire Street. Boston, Mass
January 6. 1912.
10 tho Stockholders of INSPIRATION
coPPER COMPANY and LIVE OAK
DEVELOPMENT COMPANY:
The undersigned. as agents for under
cash until and including January y W.
shares of Inspiration Copper Company
n Maine corporation. at $40 per. snare.
and shares of Live Oak Developmend
Company, an Arizona corporation, at Sio
per share.
All certificates offered must be en-
doreed and witnessed so as to make
good delivery under the rules of the New
York stock Exchange or the Boston
stock Exchange, as the case may be, ana
must he accompanied by written in-
structions as to whom payment, Is to be
made and where checks are to be sent.
The New York law REQUIRES payment OF
n stock transfer tax of two cents on
each 800 and fraction thereof. par, value
of the stock, Certificates deposited with
Guaranty Trust Company must pc ac-