The Washington times., 1914-03-06
Gas Merger Approved.


The provision authorizing the merge
# the two gas companies contemplate
Ihe purchase of stock of the George
own company by the Washington com
any at sl55 and is as follows:
Inasmuch as the Washington Gas
Light Company, subject to the ap-
proval of Congress, has offered to
purchase $50 shares of the capital
Company now outstanding for SI55
per share. and thereby 20 acquire,
with the $3.50 shares of said stock
now held by the former company,
the whole of the capital stock of the
Georgetown Gas Light Company
With intention of canceling and re-
firing said stock. the said Washing
ton Gas Light Company be. and 1t
hereby is, authorized to purchase
and hold or retire So much of said
stock of said Georgetown Gas
Light Company at said price
as the holders of said stock are
willing to sell, and to condemn and
retire the remainder of said shares
which It NAV be unable to purchase
purchase or condemnation of said
shares, the said Georgetown Gas
Light Company shall thereupon.
without further proceedings. be and
become thereby forthwith dissolved
and merged into said Washington
Gas Light Company: which said tast-
named company shall thereby be
and become invested with gil the
franchises. privileges. assets. and
property of said Georgetown Gas
Light Company, and shall have the
e66A@ power to manufacture make,
,ute. supply. and sell gas for
'-. heat power. and other pur-
and tho hxy.y,rrlutnS thereof
r-H TO construct. erect main
~ "a. pipes. services. fixtures. and
21a-atus, without territorial limi-
eatsoas. throuShout the entire
- = ct of Columbia: Provided, That
4 any one or more of the own
- q said 2.476 shares of stock of
Eho Georgetown Gas Light Company
rC.-ss TO accept the said sum Of
.E- Der share for said stock. the
SAID Washington Gas Light Company
-horized to file suit in equity
lie Supreme court of the Dis
&C. of Columbia against all said
enLrGholders so refusing to accept
FsiG price for said shares. for the
u~gose of obtaining a decree con-
t-.l. ing said shares and said stock
re use of the Washington Gas
'.l--t Company, and full Jurisdiction
e-eby conferred upon said court
e. ar and determine said suit.
Provision for Suit.
81 case any owner or owners of
a.g IS defendant in said suit shall
nonresident Of the District of
-nbia, the said court shall have
. r to proceed in said cause by
.. cation as in proceedings in
and in case any such share
70. rs shall be an infant or non
..-. os, the said court shall have
-gE to appoint guardian ad
-.rs according to the practice in
y to protect the rights of
p shareholders.
u the court obtaining 1urisdic-
81. 4 said par-ees by personal serv-
by pubiications the court shall
j.. ed in summary way, upon the
nee edduced by the parties. to
nine the value Of the shares of
belonging to the defendants to
sIit. and by its decree fix the
thereof per share. Within
days after the said decree is
d, the Washington Gas Light
any shall pay to the said own
said shares the amount fixed
Id decree or pay into court the
1T Fixed by said decree for the
OF any defendants who shall
to accept the same or who
snalI not have appeared in said
cause, and upon such payment the
full title to said shares shall be
vested in the said Washington Gas
Light Company.
) under the estimated revenues of the