New-York tribune., 1920-01-17
DIVIDEND NOTICES

At meeting Of the Board of Directors
of this Company held in London today ii was
decided to recommend to the shareholders
al the Annual Meeting fixed to be held JAM
uary 27, 1920, payment on that day Of hnal
dividend of per cent. free Of British in
come tax upon the Ordinary Shares. Net
profits for the year after deduoting all
charges and expenses for management, ct
eetera and providing for income tax and es-
timated excess profits duty for the year are
f3,776, ,507-13-0 as against f3,l40l74-S-l0
for the previous year. After paying hnsl
dividend of 6 per cent. carry forward viii be
IA ,400, ,3ll-l2-11. The Directors have
also decided TO pay on January 27, 1920.
with final dividend for past year. an interim
dividend Of s per cent. fer the year 1919
1920 on the Ordinary Shares of the Com
pany free of British inc me tax.
Proposed resolutions to increase capital
and offer shares read as follows
/. That the capital Of the Company be
by the creation of $500, 900 additional Ordi-
nary Shares of 81 each ranking for dividend
and in all other respects pzri passu with sae
existing Ordinary Shares OF the Company.
2. That out of the said additional shares
and the other unissued Ordinary Shares for
the time being of the company there shall,
on or about the 10Th day of February 1920
be offered to the members Of the register Of
Ordinary Shareholders on the 28h day OF
January, 1920, and the holders Of Share
Warrants to Bearer for Ordinary Shares on
the same date, new shares in the proper
tion of one share for every two existing
Ordinary Shares Ignoring shares which
not complete multples of two and not allow
ing registered shares and share warrants to
bearer to be added together TOR the purpose
OF aeceptanee) held by them at the price Of
- per share, payable to ore Of the bankers
OF the company in London on the acceptance
OF the offer, VIZ: on the 7th day of April,
sSAO, and that such offer be made as TO
holders of registered Ordinary Shares by
notice specifying the number of shares TO
which the member is entitled ard stating
that IT it is not accepted and payment made
on or before the above mentioned date ii
wlII be deemed to be declined, and as TO
holders of share warrants to bearer for
Ordinary Shares by such advertisement a.
the Directors shall deem advisable Such
advertisement shall state that holde-s OF
snare warrants to bearer for Ordinary Shares
must IN the hrst instance and on or before
the 9th day of April. 1920, deposit with one
OF the bankers in London, and the appro-
pirate coupon (to be indicated by the d,rco-
tors) as evidence Of ownership, provided al.
ways that the dates in all or anv Of the be-
tore mentioned cases may be extended to
later date in the absolute discretion of the
Directors. Upon such deposit beng made
the company shall be deemed to mike to IA.
deposltors an offer of the number Of share.
20 which be is entitled, and the advertisement
shall require the depositor in every case to
forthwith sign form of acceptance for such
shares. which will be supplied for the pur-
pose and to pay the sum OF Il in respect Of
each share accepted. If in any case . shsre-
holder shall not signify his acceptance and
make payment of the said sum within the
tune spceihed, or such extended time a. NAV
be hxed by the Directors as aforesaid. the
otter will be deemed to be declined and the
Directors may dispose Of all share. not .e-
eepsed and paid for within the prescribed
time In response to such offers in such man
ner as they may consider cxpeaens in the
interests OF the company. The said share,
shall rank For dividend a. from the 9Th day
OF April. 1920, or the date Of issue Of the
particular shares. whichever shau be later.
BRlTlSH-AMERICAN
TOBACCO COMPANY. LIMITED