New-York tribune., 1920-04-22
FINANCIAL MEETINGS
20 montgomery Street. Jersey City. =
TO THE STOCKHOLDERS on
THE AMERICAN TORSCsO rOHp.~.

TIE AMERICAN TOBACCO COMPANys|
NOTICE Is hereby given that special
meeting of stockholders OF The Amertcsy
Tobacco Company viii be held at the homs
office of the Company. at No. IS yiontr,,r
cry street. Jersey City. New Ier.s>y =, Il
O'Clock A. NJ, on Thursday. May eih ie,S
for the purpose Of considering and ac,;rs
upon a resolution OF the Board OF p,r.s
tors of the Company adopted Arril "a
1920. which resolution with the preamMt
thereof Is follows.
w HEREAS In tho iudCnen, of ,..
Board il is to the interest Of this comnsns
TO capitalize subst aniial amount Of ~
surplus of the Company 80 that It n,ss
permanently remain invested in the hn,l
ness of the Company. to accomplish vh,cs
purpose the most conNenien. method ia b,
the distribution of a stock dividend a,nons
its stockholders out OF tho authorized All
unissued common stock b of the Company,
and s's
"WHEREAS This Company Ia. nut.
standing Sl2.o7e.52o. at par of scrip. issus1
at various times in lieu OF cash dividen6s
all convertible on March l. 1921 into s,1
common stock B ard II is fair 10 I'M
holders of said scrip and in the inte,.s,
OF the Company that said scrip should hs
now converted into said common stock q
and the holders thereof permitted tn shall
IN such stock dividend upon the ferms
herein stated
THEREFORE,. BE IT RESOLVED.
u. That the Treasurer and other pronss
officers Of this Company he and they -
or SAID scrip common stock y Of this Com.
pany in exchange Tor said strip at fhs
ratio Of 500 par value oi said common
stock Il for S1Io. par Va Iur Of enid srrn~
interest in cash 10 be paid on said scrn "A
June l. 1920. and fractional amounts 10 he
adjusted by cash payments To the hodsrs
OF said SCRIP ON the basis OF The par valus
thereof. and no fractional shares of s,ens
to be- issued. said offer shall b. cona.
toned upon its acceptance and the deposs
OF the scrip with the Company FOR eI.
change not earlier than June l. 1920, not
later than July ]. 1920:
2 That there be and hereby is A.
clared a stock dividend on the common
stock and common stock y of this Cens
pany as the SAID stock shall EXIT at ths
close Of business On july Is. 1920 10 ,ss
holders of said stock az they then appts,
on the books of the Company. Of seventy.
five per cent G5F) of the par vain,
thereof payable in common stock B at pas
on August l, 1920:
That on August !. 1920 there n
transferred from surplus TO ca piial accour,
an amount equal to seventy five Der cen.
t'5'e) of the total par value Of commoa
stock and common stock fS outstanding
July l5 1920. and certificates cf common
stock ' equaiing at par said SEVENTH -fv4
per cent t75fo). or warrants therefor shall
oV said August !. 1920. be distributed pp
rata among the holders Of record of SAID
common stock and common stock 3 q
theN appear on the transfer books at the
close of business OH July Is. 1879:
= lhai the foregoing resolutions
Shall be tak"n as an entirety and are
adopted subject to approval ia their en-.
'irety by a majority in interest of the
stockholdcrs having voting power, and
unless and until approved they shall
nor take effect. nor shall any right %
rig his Whatsoever accrue thereunder.
special meeting of the stockholders 10
pass upon said resolutions il hereby called
70 be held ~ The Com pany's Office. No Is
Montgomery Street, jersey city New Jer.
sey, at eleven O'Clock y NJ on Thurs.
DAY, the sixth day OF May 1920 and no.
tice of SAID meeting together with copy
OF these resolutions shall be- mailed by tho
/ Secretary to each OclSholder OF ne Com.
pany having voting power in accordanc(
with the bylaws
.. That upon the approval Of the sad
resolutions by the stockholders having yct.
i ing powers in the manner Aforesaid the
Z proper officers of the Company BE- and
they are hereby empowered and directed
! TO do all things necessary To carry The
same into effect"
Tre Preferred and Common stock trans.
Yer books win not be closed but. under ne
bylaws OF the Company. each hoder Il
Preferred or Common stock may cast ons
1 vote for each share Of stock to which Ia
/ is entitled AS recorded en- The said trans.
I fer books as hnid by him for at ea&
I twenty days before said meeting TO wit:
/ from the clos" Of business April is 1ssa
CHARLES T.. \EIi.EY. Secretary,