New-York tribune., 1920-04-29
FINANCIAL MEETINGS
- Montgomery street. jersey 90, y J
April &c. lt-N
TO TUE STOCKHOLDERS oF
THE AMERICAN TOBACCO CoMrs>y:


THE AMERICAN TOBACCO COMPANY:
Notice IS hereby given that special
meeting ot stockholders Of Tho American
Tobacco Company Viii be held at tho horne
office of the Company. at No. - Nonfcun
cry street. Jersey city. New Jersey ~ Il
clock y NJ. on Thursday. May 9TH 1920
for tn" purpose OF considering and acting
upon resolution OF the Board Of Drec-
tors of The Company adopted Apfl a.
lN2n which resolution with the preamble
thereof IS as follows;
w 1EREAS IN tho judgment of thi.
Board II * to The interest of this Cnii,naa,
TO cspitaiiz" a substantial amount of ihr
surplus of tho Company that j. ma,
permanently remain invested IN the bus
ness of The Company. 20 accomplish which
purpose tho most convenient method Is hv
the distribution OF a stock dividend amons
It's stock holders out % he ant horiz.d au,.
unissued common stock B Of the Cosipany.
and
"wHEREAs This Company has ont.
standing Sl2.012.72o. at par of scrip. issued
at various times in lieu Of cash dividends
all convertible ON March l. 1921 into SAID
common stock Il. and II IS fair T. tn.
holders Of said scrip and IN the Interest
of the Company that said scrip should be
now converted into said common stock 4.
and the holders thereof permitted 80 shar,
in such stock dividend upon the terms
herein stated.
THEREFORE, BE IT RESOLVED:
J. That the Treasurer and OF her proper
officers OF this Company be and thcy are
hereby authorized 10 offer 10 the holden.
OF said scrip common stock lS of this Com
ratio of 500 par value of said common
stock Il for $40. par value OF said acrip-
interest in cash 10 be paid on SAID scrip 10
June !, ls4p and fractional amounts 10 be
adjusted by cash payments Ia tn. hoders
OF said scrip on the basis OF The par value
thereof. and no fractional shares Of stock
70 be issued. Said offer shall be condi
toned upon its acceptance and the deposit
Of the scrip with the Company for oA-
change not earlier than June /. 1929, nor
later than July /. 1920,
''2. That there be and hereby is do
clared stock dividend on tho common
stock and common stock I of this Com
close OF business on July .. 1890 10 the
holders of said stock as they then appear
on the books Of The COMPANY. OF seventy
five per cent. C5fe) OF the par value
thereof payable in common stock b al par
on August /. 1920:
''S. That on August I. 1870. there be
an amount equal to seventy-five per cont
Ciofe) OF the total par value Of common
stock and common stock b outstanding
July Is, 1920. and certificates of common
stock b equaiing at par said seventy nv.
per cent. t751o), or warrants therefor shall
ON SAID August !. 1920. be distributed pro
they appear on the transfer books at the
close OF #, business on July Is. 1920;
shall be taken as an entirety and are
adopted subject to approval in Their en-
tirety by a majority in interest of the
unless and until SO approved they shall
not take effect. nor shall any right or
rights whatsoever accrue Hereunder 4
special meeting Of the stockholders to
pass upon SAID resolutions is hereby called
TO be held at the Company's Office No rs
Montgomery Street, Jersey city. New Jer-
sey, at eleven o'clock a. NJ. on Thurs
day. the sixth day of May. 1920. and no
tice of said meeting together with a copy
Of these resolutions shall he mailed ty The
Secretary to each stockholder Of he Com.
pany having voting power in accordance
with the bylaws:
.. That upon the approval Of the said
resolutions by the stock holders having vot-
Ing powers IN the manner aforesaid tn.
proper officers Of the Company b and
they are hereby empowered ana directed
TO do all things Necessary to carry the
same into effect"
The Preferred and Common stock trans
fer books VIII not he closed but uader the
bylaws of the Company. each holder OF
Preferred or Common stock may css' ore
vote for each share Of stock 10 which 10
is entitled as recorded on the said trans
fer books held by him for u, least
twenty days before said meeting TO wiz.
from The clos. of business April ls 1920
CHARLES +. NEILEY. Secferary