New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-11-16

10 per cent. These stocks were carried
and the complexion of the Mccall &C
count did not change, except as TO in
terest charges and dividends on the
Kings County Electric Light and Power
Company. from January 81, 1902. to
May /. 1908.
Increased His Holdings.
"On May /, 1903, or Whereabouts. Me-
Call was entitled 20 subscribe for SO
shares Of the new stock Of the Kings
County Electric Light and Power Com
pany at par. He took advantage Of
this. and +. K. Chapman e. Co. paid
to the Kings County Electric Light and
Power Company s2,950 by check No.
1894 on the National City Bank. Nc
Calls account was charged with this
amount, and his holdings in this stock
were increased from 1l8 shares TO
l47R shares. The certificate number
of the new % shares was No. Al ,557.
He still had the privilege of subscrib'
ing. at par, for 29le more shares.
"On November ., 1913, he availed
himself of the remaining privilege. f.
r. Chapman & CO. paid 20 the Kings
County Electric Light and Power Com
pany $3.50, Check No. 1885 on the
National City Bank. McCall's account
was charged with this amount and his
holdings in this stock were increased
from 14712 shares TO 1T shares. The
certificate number Of the new 29h
shares was No. 1903.
"On October /, 1904, according to
'Poor's Manual the capital stock of
the Kings County Electric Light and
Power Company was increased from
SO, 100000 TO s5,000,000. This gave Nc
Call the right to subscribe. at par, for
fifty-nine additional shares. To ac-
complish this. E. +. Chapman & Co. on
October !, 1904. paid 20 the Kings
County Electric Light and Power COM
pany $1,000. check No. 1896, on the
National City Bank. McCalPs account
was charged with this amount ana his
holdings in this stock were increased
from III shares to 23G shares. The
certificate number Of the new ffty-nine
shares was No. A2041. These were re-
ceived on October II. 1904.
"On October 3, 1901, Mccall sold his
200 shares Of Pacific Mail for s6,762.50
and 200 shares of L. S. Rubber for
S4.325, making a total of Sll,0s7.50. On
the same day he purchased eco shares
Of Northern Securities al l07iz. and
his account was charged with s2l .525.
"On October 81. 1904. the debit bal
ance Of the Mccall account was Sat-
1892, and he was long Of 200 North
ern Securities and 23G Kings County
Electric Light and Power Company. In
other words. he owed +. Z. Chapman
& Co. SAT. 1872. and l.. 2. Chapman
& Co. owed Mccall 200 Northern Sc
curities and 236 Kings County Electric
Light and Power Company. His mar
gin on his account at this time was
l9,233.0S, or about "a per cent.
"The 200 shares Of Northern Sc
curities were sold on June 80. 1905
100 shares at 1854 and 100 shares at
1851, amounting to s33,046. There
fore. Mccall made profit on his trans
action in Northern Securities of SILL
52l.
"This lef, the 236 shares OF Kings
County Electric Light and Power Com
many in the account against which Nc
call owed sl4,377.05.
son March =. 1906. according 20
'Poor's Manual the capital stock f
the Kings County Electric Light and
Power Company was increased from
81 0OO. 900 10 ss.200,00o. which entitled
McCalI. a holder Of 236 shares. 20
subscribe 70 n fraction over l5i
.bere. nj par. T.. X. Chapman e.
Co. paid 20 the Kings County Electric
Light and Power Company. on March
4 1905. sIb, 100, check No. 29,9os on the
National CITY Bank. MeCalls account