Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-05-12
INSPIRATION CoNsoLIDATEps cor
PER COMPANY p 50
IL Broad way I ~


New York City, y. Y, January e. 1872.
To the Stockholders of INSpIRaT,oN
COPPER COMPANY and LIVE OAK
DEVELOPMENT COMPANY:
Inspiration Consolidated Copper Com
pany, INCORPORATED under tile laws of
Malhc, With An authorized capital of
so, 600. all common stock divided into
l.51oD0 shares. par value so each 6efebv
offers the stockholders of Inspiration
copper Company, n Maine corporation,
Atizona corporation. the privilege until
and including January 20, lgfo, or ex-
changing their stock for full paid stock
Bany on the basis Of tSQ
Two shares of Inspiration, Copper
Company stock for one share OF In
spiration Consolidated Copper Com
pany stock; and
One share of Live Oak Development
Company stock Tor two silafes OF In
spiratian Consolidated Copper Conn
pany stock.
GUARANTY TRUST COMPANY OF
NEW YORK. No y Nassau street.
New York City. \.
KIppER. pEAnop5Y'' & co. No IFS
beyonshire street Boston, Mass.
are authorized. until and including Ian
uary 20 1872 to receive certificates of
stock OF your Companies offered for ex-
change on the foreeoing basis when such
certificates are endorsed and Witnessed
50 rs TO MAKE a good delivery under The
or the Bnston Stock Exchange. as the
case may be- aud must BE accompanied
by written instructions giving name and
address of person to whom certificate is
to be issued. Temporary stock eentid-
Gates Will be issued as soon as pre-
pared.
No fraction of share win be issued,
but the Depositary will pay $40 in cash
for any odd shsr-~ofg OBSERVATION-DISCLOSURES
Company 50 deposited. -
All stockholders Of Inspiration Con-
Ia tod pf M
the close of business on February i.S19l2,
will be offered the privilege. to and in
Guiding March !, 1872, Of subscribing for
its s6.00a,90e of convertible bonds atApar,
pro rata to the number of shares Held
by such stockholders respectively. or in
less amounts. but only in multiplesEot
$500 payable in four equal instruments on
March !. 1872, September /: ISL, March J.
1913. and September /. 1873. These bonds
Will be Ten Year six per cent coupon
bonds. convertible into stock of the Com
pany at SIS per share. redeemable by the
Company by lot at sll0 with, accrued IN
terest on any interest day; and I'd VIII De
All the stock required to effectuate the
offer made by Guaranty Trust Company
of. New York and Kidder. Peabody Co.
to purchase stock &c Eoo o. moo YOUR Sonapahe v
been underwritten at par, by Responsible
parties.
mediately to have erected a Concentrate
ing Plant of rot less than 1910 tons daaly
capacity to treat the Inspiration an<te
Live Oak ores. and eontempiates that not I
over 100000 shares will be required 70
accomplish this and provide for the
above exchange of shares and conversion
of bonds. s
The New York law requires payment OF
a stock transfer tax of two cents on
each 500 and fraction thereof, par value
of the stock Certificates deposited with
Guaranty Trust Company of New YORK
must be accompanied by money or ING
tax stamps TO pay this tax,
BY order of the Board of Directors OF
INSPIRATION CONSOLIDATED
nCOPPER COMPANY.
W. AIJI,N caerntarv