Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1917-08-18

and bond dividends OF the pro-
ceeds or value Of such other stock
and bond dividends, with interest
or income thereon. paid TO or
realized by the defendants on the
1854 shares of the common
stock Of the 70. ]. DUPONT de Ne
mours Powder Company. and the
126,62S shares OF the common
stock OF e. /. DUPONT de Nemours
and Company, less such sums Of
money with interest as were
paid by the defendants for the
purchase from n. Coleman du-
Pont OF the 63,314 shares OF the
common stock OF p. !. dupont
de Nemours Powder Company
aud the 1859 shares OF the
preferred stock Of said company.
after crediting on the amounts So
paid by them such amounts as
may have been received by the
defendants from "a sale OF said
preferred stock purchased as
aforesaid from 7. Coleman du-
Pont, or the proceeds thereof,
with interest the exact figures,
together with the proper calcu-
lation Of interest thereon to be
ascertained by an accounting 70
be taken under the direction OF
the court and less any sums for
expenses connected with said pur-
chase which may be allowed by
the Court on such accounting.
by statements filed by the de-
PENDANTS in this cause, II appears
that there was purchased from r.
Coleman DUPONT 63.314 shares Of
the common stock and 1889
shares Of the preferred stock Of
the p. 7. DUPONT de Nemours
Powder Company at the price Of
Sl3,9O3,715,OO.
''Tha interest on the amount
paid for said stocks, az
six per cent. from the time said
stocks were paid for TO May /,
1917. amounts 10 the sum OF 81
S05.165.66. Total Of principal and
interest, as OF May 1, 1917, $i5,-
7OS, SS0.66.
1T further appears that there
has been received by the defen-
dants since the purchase OF the
stocks aforesaid. as a dividend
on the common stock of u. !. du-
Pont de Nemours Powder Com
pany purchased. from 7. Coleman
DUPONT. 126,62S shares OF the
common stock Of e. !. dupont de
Nemours and Company, and GER
tain preferred stock Of the Atlas
Powder Company.
1T further appears, from said
statements, that the defendants
have received since the purchase
of the common and preferred
stock from 7. Coleman dupont
aforesaid, in cash from dividends
upon the 1884 shares Of the COM
mon stock and IA 500 shares Of
preferred stock OF the E. /. du-
Pont de Nemours Powder Com
paly; from dividends upon the
126.62S shares Of common stock
OF b. l. DUPONT de Nemours and
Company; from the sale Of the
preferred stock Of the Atlas Pow
der Company; from sales Of the
IA 099 shares Of preferred stock
OF the p. /. dupont de Nemours
Powder Company, and from the
sale OF certain Anglo-French
bonds received as dividends on
the l26,62S shares OF the common
stock OF e. !. DUPONT de Nemours
and Company, sums in cash, with
interest thereon to May /, 1917,
In the aggregate largely in excess
OF the purchase price paid by the
defendants for the 63.314 shares
of common stock and 1859 shares
OF preferred stock OF e. I. dupont
de Nemours Powder Company.
''rhe question, therefore, upon
which the stockholders OF the
u. I. dupont de Nemours and
Company must pass at the special
meeting OF stockholders now
called, is as follows:
DO the stockholders now desire
TO acquire for the company the
1884 shares Of the common
stock of the d I. dupont de Ne
mours Powder Company formerly
held by T. Coleman dupont with
the right to require the defendants
TO turn over TO the company the
l26,62S shares OF the common
stock Of the b I. DUPONT de Ne
mours and Company. and further
to require the defendants to ac-
count for the cash which they have
received In excess OF the amount
paid by them, with interest. as
the purchase price for the said
1894 shares Of the common stock
and 1889 shares of the preferred
stock Of u. /. DUPONT de Nemours
Powder Company. and further 10
require the defendants TO account
for the Anglo-French bonds re-
ceived by them as dividends and
which have not been converted
into cash.
For the information OF the
stockholders, it is proper to state
that from the statements filed in
this cause by the defendants. il
appears that II the stockholders
desire to exercise the right to ac-
quire said stocks, and to require
the defendants to account for tbs
excess in cash, and the Anglo.
French bonds not converted into
cash, received by them as afore.
said, Il Will not be necessary fol
the company to pay anything t
the defendants for they have beer
repaid in cash more than tn,
amount paid by them, with inter
est, for said stocks purchased
from I. Coleman dupont
Notice is hereby given that tn,
Special Meeting Of the stockhold
ers of the b. /. dupont dc Ne
mours and Company. in pursuance
Of the decree OF the District Cour
Of the United States for the Dis
trict Of Delaware. IN the cause o
Philip f. dupont, ct al VS.. Pierr
S. Dupont ct al. No $40. II
equity, viii be held on tho
day OF -, 1917, at lively
O'Clock noon, at the principal OF