davidaulloa/AmericanStories huggingface dataset:
Evening star., 1916-10-24
HANDLING GOLD SUPPLY
TO MEET Foreign DRAIN
A. G. Miller Talks to Bankers Of
Financial Conditions to
Follow War.

By the Associated Press.
INDIANAPOLIS. Ind. October "a
The management OF the gold supply Of
the country to meet the foreign drain
which is expected after the close OF
Miller of Washington, a member Of the
federal reserve board. before the Indi-
ana State Bankers Association, which
opened its annual session here this
morning. He expressed the opinion
that the United States will be able to
meet all demands which will be made
without serious difficulties or disar-
rangement of the system in this coun-
try.
There are many different angles to
the problems of International finance
which may be expected to affect us
after the war" Mr.. Miller said. There
is one in particular. however, which
has riveted the attention Of banking
circles Of late and been regarded by
many as Of such vital concern as to
make 1t q problem of great urgency.
1t is the problem Of devising effective
Source and Process Discussed.
Mr.. Miller said questions which will
arise are: Where is the gold to como
from? and What is the process by
which it will be obtainedf He con-
tinued:
ITO raise the gold-lending power Of
the reserve banks to the point which
would be necessary to enable them to
meet (what is, however. in view OF
present probabilities unlikely. posi-
BILE demands Of $500,000,000 or $780,
ooo 900. approximately $4oo,ooo.ooo would
have to be added to the reserve banks
deposits in order to give them. after set
ting aside the necessary reserve Of IS per
cent, additional free gold to the amount
Of $3.50. .000, 900.
"This amount can be spared from
vault cash now carried by member |
banks without unduly reducing their
holdings of till money. and therefore |
presents the basis for the solution of
the problem.
Evening star., 1916-10-24
Educational Glasses Formed:

Chaplain Smith has announced the
program of educational classes to be
Aeld at the "Y." On Mondays and
Thursdays Herbert Balkan OF the Hos
bitaI Corps will give lessons in arith-
thetic. Mr.. Balkan Is a graduate of
Technical High School In Washington
Ind of Maryland State College Musi-
&an Peich Of the Sd Regiment Band, a
graduate of the University of wiscon-
sin and formerly an Instructor at the
University of South Dakota, is to give
LESSONS in grammar on Tuesdays and
Fridays.
Mark Finley, Jr., Of the sanitary de-
fachment. graduate OF the University
~ Michigan and before entering the
service q teacher at Central High
School. Is to be the instructor in SPELL
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-09
Report of the Condition Of the
No. 1892.
keOkuk National Bank

At Keokuk, in the state of Iowa, at
the close of business on May LIST.
1916:
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-09

the evening was Are we under the
ten commandment law or under
grace?" This question was answered
to the entire satisfaction of all pres
ent. There is only one answer to it,
1t is too simple to have a question
made of it. The sinner or the trans
gressor of Gods law is under the
Law. The law condemns him and by
the law he knows he is a sinner
Therefore he is under the law The
only way we can place ourselves from
under the law is to keep 1t. The
plain illustration Of the laws of the
land was used to show that we go
under the law when We break 1t, bu
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-09
Resources,

Loans and discounts 49,. 1881, sss. u
Overdrafts. unsecured q $3.50
L. S. Bonds deposited to Sc
cure circulation (par VAL
uel .-....... 100000
Securities other than q. S.
bonds -(not including
stocksD owned unpledged 73.558-27
Subscription to
stock of federal
reserve bank s 100000
Less amount IN
maid ~ $4,000 $500. 90
Furniture and fixtures -. 100
Net amount due from fed
eral reserve bank ..--- 16,952.s5
Net amount due from ap-
proved reserve agents
New York, Chicago and
st Louis -.--.-.- liO,lSl-43
Net amount due from banks
and bankers ...-... $4,000
Other checks on banks in
the same city or town as
reporting bank - 3,seo.22
Fractional currency, nickels
and cents -..- 44o.ol
Notes Of other national
banks Io,4po-Vv
Coin ard certificates ...... 7i,74sO5
Legal tender notes ...- 10000
Redemption fund with U. S.
Treasurer and due from
z. s. Treasurer .-...-. 2,250o6
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-09
THE OVERLAND TEST ON Case
LINE.

AS we are the challenged parties,
we feel that we have something TO
say in regard to when and how this
test is to be made. Mr. Owens in his
first statement, said that this Over
land car couId not be run 24.8 miles
and make forty-four steps on one gal
lon of gas OF course I do not intend
to have him tell Us when to stop or
where to run as he said nothing about
this in his challenge. | expected his
wager Just like he made 1t. and that
is the way Il viii be made. have
talked this over with several officials
of the Auto club, and they agree with
me that Mr.. owens said nothing about
the date of test or when the stops
were to be made. I called Mr.. Owens
on his own proposition and will make
the test that way.
G. A MciJONEY
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-09
NOTICE.

To Charles q. Paynter and Sallie A.
Wilson:
You are hereby notified that petit
ton has been fled in the District
Court of the State OF Iowa, In and for
Lee County, at Keokuk, stating that
the said Charles H. PaynteT has not
been heard from for over seven years
and asking that he be declared legally
dead and his estate administered on.
and unless you appear on or before
June 18th, 1916 at 900 O'Clock a. m
of said day said order will be entered
as prayed for in said petition.
o. R. JOHNSTON.
Clerk District Court.
By ALBERT VoLLERs.
Deputy.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-09

so long as we keep 1t we have NO
trouble.
Tonight will be THE Two Laws"
We extend to all hearty welcome.
Come with your questions and they
will be treated with the best of re-
spect
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-09
Better Than None.

Fremont Tribune: Tho Irish rebel
Jon has been squelched, but the Irish
probably believe it was better than nc
fight at ALL
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-09
Duncan-Schell Furniture Co.

From the That the Best That Ndde
of carpets
although the have advanced
ST. Is on Tapestry Brussels, SKIP room size Rugs
Sc. Velvet Administer, ski room size Rugs
Sc 90 on Administer, 9x12 size Rugs
$725 Body Brussels 9x12 size Rugs.
$500 on Hartford Bussorah, 9x12 size Rugs
$500 Hartford Bagdad Wilton, 9x12 room size Rugs
$14.5O on Hartford Saxony 9x12 room size Rugs
All other sizes and carpets and
guarantee against these advances We will
sell goods in stock at low price OF
January l. This many is lower than the
prices) On June will advance
price to this increased cost
all We sell credit at cash prices and charge
on all
lbersF
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-09

Total .......- Sl,Vzo,b5S-o
State Of Iowa, County OF Lee, 50
l.. E. r. Cochraae, cashier OF the
above named bank, do solemnly swear
that the above statement Is true 70
the best of my knowledge and belief.
z. r. COCHRANE-
Cashier.
Subscribed and sworn to before me
this 9th day OF May. 1916.
c. A. vOIERS.
Notary Public.
Correct Attest:
f s. BAKER,
L. a HAMII,L.
E. ROSS BAKER.
Isaau Directors.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-09
FUNERAL koTloE.

will h ~ funeral of Henry Rein
~ s.Ha hsld on Wednesday afternoon
Maj O'Clock from the home ~
Fn.naS and the Plank Road.
4'eAos invited to the services.
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-09
BILLIARDS AND Bowl

FOR SALE-Billiard tables, brand
new, carom and pocket, with complete
outnt, Sl15; second hand tables at re-
uuced prices. Easy payments. Cigar
sore drug. delicategsen and soda
1po SM fixtures. The brunswick
: - es-Collender Co, Davenport, Iowa.
l. y. ssnders. agent, Blackhawk hotel
The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-05-09
MANY ATTENDING
MEETING AT TENT
"Under the Law Was Discussed Last
Evening and Evidence
Was Cited.

Communicated
A goodly number gathered at the
tent last evening The subject Tor
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
All out for Highland Park

As soon as C. & M. passenger
trains begin to traverse the "a
miles from Barbourville to Man
chester, which will be about Dec.
Is, all L. & N. passenger trains
will stop at the new depot at
Heidrick.
The c. and Ms. new depot near
Hi.Land Park is receiving its
finishing touches and will soon
be ready for the new Offices of
this road to be moved into its
second story.
The C. 4 N. is now construct
ing its first shop at Hi-Land Park,
which is 60xl20 IT,. and to be
modern In every way.
The C. 4 N. has purchased
about II acres of land from Enoch
Mays at Hi-Land Park for new
yards, shops, pump station, wat
er tank &c. '
The new brick church house
for all white protestant denomi-
nations. at Inland Park was
opened for first service last Sun
day and Q large crowd was in at
tendance. h b . gsod oommodi.
ous brick ooxeo D.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
Marriage License Issued
Since October 1st.

Pascal Davis to Roxie Wright.
Albert Setser to Nancy l.. Jump.
H. l.. Engle to Eliza Terrill.
j. H. Hargett to Georgia Hardy.
Lee Gray to Julia Gambrel.
Joe Cook to Martha Rice,
Lester Golden to Cordia Logan.
Isaac Hale to Martha Flanery.
G. c.. Warfeld to Pearl Davis.
Calvin Johnson to Verda Enger.
Chester Laws to Nettie Holt.
Chester Ramsey to Celia Elan.
Samuel Benge to Zannia Chest
nut.
Hugh Robinson to Docia league.
Jas. Harris to Annie Barnes.
C. M. Profit to Seelia HENDERSON.
L. T. Wilkes to Aggie Ham.
Hobart Clouse to Agnes Brough-
ton.
Vergie Engle to Jefiie Smith.
David Gibson to Martha Miracle.
Jas. France to Ora Campbell.
A. L. Williams to Ida Smith.
Frank Black to Rachel Martin.
M. A. Trosper to Eliza Engle.
Lewis Sans to Emma Davenport.
j. L. Backer to Minnie Barton.
Daniel NARROW to Sarah Dickey,
Lewis Sears to Axle Tuggle.
Mack Collins to Sudie Allen.
VIM. Huddleston to Ottie Hale.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
Patronize home trade by buy
ing your bread and cakes at the

Patronize home trade by buy
ing your bread and cakes at the
Model -Baksry:5.gs -,
See Allan Tuggle for your
Thanh sgiving flowers; special at
tention given to all ORDERS = Adv.
Capt. T. j. Vermillioh is in
Franklin County where he is
building a new line for the LIN.
The culvert over .:Prichard
Branch is nearly completed and
the grade will soon be completed
from this place to King: I
Allen Tuggle, agent, for Aug
ust Banner, Florist, will attend
to your flower orders for Thanks
giving. See or phone him Ss to
prices. ADV. 4 80 J.
1t will be easy and cheap If you
want to go to Manchester. 1t
will only cost IS cents. Mr..
Heidrick says this Isl. the only
road he can think of: where a
ticket over the entire road costs
less than dollar. :.
A study in economy will bring
out the fact that the ten cent
loaf is the best for the house
wife to buy during these days of
high pripes. 1Oc each wrapped.
Smaller lOaves &c.
Model Bakery, j. Qenzer, Prop.
Any one desiring to rent a nice
8 room residence with all modern
conveniences, such as water,
lights, gas and garage will call
at the Advocate Office. We also
have another house of five rooms,
we'll equipped; garage and good
garden, that we wish to rent.
1t is said that Rev. J. w. Lyon,
pastor of the christian Church,
will esign to go TO other fields.
This we regret very much. Mr..
Lyon is a splendid preacher and
citizen, always ready to answer
the call Of any and all when it
comes to doing something for the
betterment of mankind. His
place will be hard to fill.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
To Supervise Tax List.

Last Monday being County
Court day, Judge Hammons ap-
pointed John H. Logan, of Cfate,
J. E. Sowders, of Artemus, j. H.
Warren, of Flat Lick, w. H.
Broughton. of Hammond, In.
Bryant, of Corbin. and j.. S.
Hignite and Tyre Lawson, of
Barbourville, on the Board of
Supervisors for 1917. We believe
these men are alright and that
the tax books will have an equit-
able adjustment.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
Everything on the Bum.


Last Mndky was County Court
day and it 'looked like all the fel-
lows WHO Fave heretofore had
businesshad finished in all up,
and that the only thing to do now
is to get: ready for the approach
ing winter. The Master Com
missioner had some sales adver-
tised, but continued them until
he could get a better audience.
1t may be: that times will open
up soon, or enough so at least,
until the Commissioner can get
as much as one bid on the prop
erty.put up to bs sold.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
Knox Fiscal Court Met.

Last Tuesday the Knox Fiscal
Court met on call by Judge Ham,
mons with Justices V. ID. Jack
son, Detherage, Fortney, Peace
and Monhollen present. Messrs.
Cobb, McKeehan and Mills were
absent. The only business trans
acted was to arrange to go ahead
with the grade work between the
Yeager place and Lee Coles
place. The work will now be
pushed to completion as fast as
can be done.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
Good Farm For Sale

| have a good farm for sale,
about. 40 acres, fine bunch Of
timber, good orchard, and one
oil we'll, with oil in paying quanti-
ties. Located about 2 II miles
from Barbourville, KY. close to
church and school. For particu-
lars, call or write Mrs. Mary
S. Hamilton, near Fair Ground.
BarbOurville, Ky. 1880 At.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
DO YOU WANT
. A GOOD FARM =?

If you do, I have one of about
48O acres, of good level land in
Laurel County, about three
miles northwest of Corbin, and
within half mile Of the railroad;
in a good community; close to a
school and church. 1t has three
dwelling houses, barns, and an
orchard and other good improve
ment. A splendid home and a
big bargain if taken at once.
Will sub-divide into a small
tracts if desired. Call or write,
F. ID. SAMPSON,
Barbourville, Ky.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
WARNINC-DANCER

All persons are hereby warned,
that any wire, either telephone
or electric light wire, which may
become broken, and fall into the
streets, walks or anywhere with
in the city of Barbourville, is
dangerous. We caution all per-
sons not to touch or come in con-
tact with any such wires. but if
any are found, notify the Bar
bourville Electric Light Heat &
Power Co. at once. -Barbourville
Electric Light Heat & Power Co.
ByA. D. Smith. Gen. Mgr.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
Some Things New
And Entertaining.

The Ladies Aid of the Christian
Church will hold q Ladies' Ex-
change for one day only, Dec. IL,
in Miss Sallie Hoskins' Millinery
Store.
Here you will find all the at.
tractive hand-work useful and
practical articles nothing over
75c, for which this organization
is famous. The usual good
things to eat will be here in
abundance.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
Baker Like Editor.

Why SHOULDN'T the baker ad.
vance the price of."bread? They
are in the same fix as every other
man in. business especially the
printer and newspaper man.
Prices of everything bakers and
printers use have doubled and
they must increase prices for
their output Or go broke.
riThe Model Bakery.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
FOR SALE

A tract of land containing 30
acres, about half of it is leavel
and the other half is timbered
land, located just across the Big
Richland bridge. and is just out
side of the corporate limits of the
city, but is within the Free Grad
ed school district where we have
as good school as is to be found.
| will sell this place cheap for
cash in hand. Call on address,
w. H. MCDONALD. Barbour
vile, Ky.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
Christmas Sale.

Do not forget the Christmas
Sale to be held in. the Parker
building Friday, December 9th,
all day. Everything good to eat
and all sorts of useful household
articles for gifts; can be procur-
ed. Come out and help the
Methodist Ladies Aid make a
success of it. 81,
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01

/ have lost o horse mule about
IL OF. IL years old, black, had on
a leather halter when he left
home, has wqite spot on left side
of his tail, shod all around, about
IA hands high, short and stocky.
A liberal reward will be paid
for his delivery or for informa-
ton as to his whereabouts.
NOAH DUNN
1l-17-3t Fourmile, Ky.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
NOTICE

We are again ready to receive
Hickory logs, cut 9 and IL #.
long, either at our mill in Bar
bourville, or FOB. cars various
railroad stations. Those having
hickory for sale. see us promptly.
T. w. MINTON & SON.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
NOTICE

The N. B. Jones farm at Oan-
non, KY, is for rent. Dwelling
house, store house, shop, barn
and about 40 acres of land to tend,
will rent separate or altogether.
If interested call on or address,
N. B. Jones, Wallsend, Ky.
Mountain advocate. (Barbourville, Ky.) 1904-1935, 1916-12-01
Local Briefs

w. r. Marsee, of Warren, was
here Tuesday.
A. ]. Ferguson, of King, was
here Tuesday.
Mr.. Mat Baker, of Flat Lick,
was here Tuesday.
Judge d. Y. Lyttle, Manches-
ter, was here Wednesday on bus
mess.
Get your order in for Xmas
cakes at the Model Bakery. Csc
to $l.75.
Eugene Smith and A. c. Shell
borne, of Middlesboro, were here
Sunday looking over the oil game.
Mrs. o. C. McClung, who has
been visiting her sister, Mrs.
Louis Lent, returned home Sun
day.
Mr.. and Mrs. Lewis d. Samp-
sOn,>of Chicago, are spending
the week, with Mr.. and Mrs. Jos.
Sampson.
Jonn Dizney. of Baileys Switch,
was here Tuesday, trying to
trade a quart of chestnuts for a
pint of peanuts.
Our old friend, T. M. Richard
son, who moved to Douglas Co.,
Mo-, is here visiting friends. He
will return next week.
Judge Sampson came home to
eat Thanksgiving turkey with
his father and mother, Mr.. and
Mrs. Joseph Sampson.
Misses Love Morris and Arlie
Williams and Mr.. Ben Hemphill
spent Saturday in Warren, the
guests of Miss Mary Westerfeld.
Mrs. Maude Marcum left last
week for Catlettsburg, where
she will spend the winter with
her husbands father and mother.
Judge w. w. Tinsley, Referee
in Bankruptcy, was in Pineville
last week rounding up the bust
ness for some poor unfortunates.
1t is reported that fine baby
girl arrived at the home of Mr..
and Mrs. j. ID. Stansberry's on
November 18th. Moffat County
(Col.) Courier.
H. Seidman, with the National
Optical Co., of Louisville. was
here Monday, Tuesday and We'd
nesday. He will be here each
month after this.
DR.. Albright. who has been in
Indianapolis for several days,
: came home last Wednesday. His
family remained there but will
return in few days.
Mr.. Haley, who was to give q
demonstration of the Cole Hot
Blast and range stoves last Mon
day, did not give the demOnstra-
ton on account of sickness. He
will be here next Monday.
Irwin Gillian and Frank Nc
Donald, from The Middlefork
section, were Monday calling on
the Editor and told him they had
lots of Hog and Hominy" to
bridge them over the next year.
Mrs. ". II, Mcdonald, Mrs.
John Henson and Miss Flora f.
Smith, of this city. and Mrs. II.
C. Mills, of Dewitt, joined the
remainder of their fathers fami-,
" at the home of q. NJ. Smith in
Corbin yesterday TO attend q re-
union Of the family.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-20
CLIFFORD PMcHoT CHALLENGED
Called On 10 Name Lobbyists N
Water Power BilI.

H. behalf OF Senator O'Gorman aid
Senator Wadsworth, who with ~forty-four
other Senators were accused by Clifford
Pinchot OF having gone back on their
constituents" for having voted for the
Shields water power bill. H.. W. Hand.
chairman OF the executive committee OF
the Water Power Development Associa-
ton, has challenged Mr.. Pinchot to
identify the powerful lobby which Mr..
P!nchot says helped to pass the bill and
TO cite a single instance OF improper or
vicious effort 10 influence legislation.
Mr.. Hand says that the progress OF
the bill was watched with extraordinary
care by hundreds OF manufacturers and
no improper moves rave been concealed.
He says that his association does nos
support any particular bill and is anxious
only for legislation which will stimulate
new industries and national prosperity
through the development and use OF
water powers now flowing 10 waste. He
believes the Shields bill Is such a meas
ure, he says. and adds:
We believe that the Endorsement OF
this bill by former Secretary OF Wa
Garrison and by the Senate committee
and the fact that among the Senators
who voted for its passage after four
weeks OF exhaustive debate were repre-
and Progressive parties. while only
twenty-five votes could be mustered
against 1t. Is evidence that the bill gives
full consideration nd protection TO al
public rights and interests"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-20
CONFERENCE ON BILLS.
as You 60 and setting Back
Taxes 20 he studied.

Pay ~ YOU gn htme and moving
Of faN dates in New York Will
come up FOR close study on Tuesday at
a conference betwcen MAYOR Mitchell,
COMPTROLLER picudcrsas'. Tan Commits
s.oner Purdy. senator Martin SAKE and
of the Advisory Council OF
Real Estate Interests. Both measures
by senator Brown have been
attacked on the ground that they Will
only increase the burden or taxpayers.
The pay as YOU go bill imposes man.
Jatory conditions on the city. Manda-
tory legislation has proved IN the past
no benefit TO the city. and officials and
real estate experts poiu. To compulsory
expense "a the chief reason FOR tho high
tax rate.
ASIDE from its mandatory character
real estate men claim the measure is \
good one. hut under present real estate
conditions II Is questionable whether
propcrty Owner. could assume respon-
sib!li,v for obligations incurred by the
predecessors Of the present city admin
iq; ration and simultaneously he tespon-
s!ble for some of the liabilities which
should be borne by posterity.
The Advisory Council opposes the bill
for moving back the tax date. although
4, shows an estimated saving Of interest
on money borrowed between the dates
suggested for collection and the dates
now observed Of 81, 500, 000, hecause II
IL claimed that $4,000. 600 will be lost
hy reason Of advancing the assessment
day from October | TO the middle oi
cup1pna~
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-20
TELLS HOW new ERIE
BONDS CAN Be BOUGHT
President Underwood Explains
$19,627.13O Issue TO Sc
curity Holders.

r. u. Underwood, president OF the Erie
Railroad, has notified holders of Erie
nrst preferred. second preferred and
common stocks and serie. "a general
mortgage 4 oer cent. convertibie bond. Of
the terms under which the RECENTLY an.
thorized series ID sl9.62I13O general
mortgage 4 per cent. convertible bonds
may be purchased The notice reads in
part:
THE Is TO offer 10 the hold.
ers of its stock OF all classes and also
to the holders OF its outstanding series
Is general MORTGAGE 4 per cent. converti-
BILE bonds the right TO subscribe for such
new bonds Clearing interest from April
1. 1870 at IS per cent. of the principal
amount. and accrued interest. as follows.
Each s%tockholder OF record on March
20, 1916, Is to be offered the right to
subscribe for an amount Of such new
bonds equal 20 10 per cent. OF the mar
value Of the stock registered in his name
on that date.
Each holder OF series n bonds at the
time Of the stamping thereof az below
provided Is to be offered the right to
subscribe for an amount OF such new
bonds equal to 1G pa per cent Of the
principal amount of his series u bonds.
such allotment being based on the con.
version right Of such series II bonds.
Subscription rights for new bonds OF
the amount OF 800 and ,nultiples will