Norwich bulletin., 1922-11-22
DANTESON

~GAA NASAAAO<~AN
 SSOGShSadera o6 the Connecticut Mills o@1pA1Y pocefVod on Tuesday a com Mw1c1Gfon &naOuncfng a special meet aRg D be held in Boston on Monday Of MsuG UOek to pz1z upon a number ct AayoRtMnt matters pertaining to the cor nRSt1Gaas anaAz.
 Tbs meeting wm be called upon to oSAAAsR and act upon the matter of Sst1s1It14Ag Vh&t action shah be taken h uSs ee1trOveFsy between the CoBrec- tioaE MHls ompm4, R. J. Caldwell C@p~my, nne-, and R. ]. Caldwell, Mir. CllRWsGi batng one of the officials of the nEfn comp@ny as Weu az tts selling rep Eosent1t3ve through tho R. J. Caldwell company.
 It is proposed thEt the min company stai1 issue to R J. Caldwell company in srchl1sge for and renewal of the promissory notes of the mills company aGregating $fT5, ,073.54 in principal HzBOUnt given to the R. J. Caldwell caGn- pAAy in payment of commissions and which were due August 21 of this year. nOtss for a similar amount maturing k1RH 1. 1924, or earlier under certain conditions. interest on these notes to be St the rate of per cent per annum, WJSbA QHArtN4J.
 D ls GAsO proposed tf1AE on noasanE eE lks ob1fEati0n to indemnify Robert ], CsAAWeIl for payment by him of notes of tho Salt River Valley Cotton com pny endorsed by him jointly with Robert S. Mclaughlin up to one-haH of s23S, ,O0O-of Wfflehnotes MT Caldwell al- ready has paid $93,000, that the Con- begtieut Mills company agree to pay ES Caldwell the sum of $1o,o00 in cash and to hsS0e to him it's subordinHted n0tnU on the sum of $1I1-217.1S, said eash payment and notes to be in full Eze1sfact3on and discharge of any and An nab1fty of the company on account Of fs obligation to indemnify R. J CaAaveH for payment of notes of thu SSlt River Valley Cotton company.
 1t S further proposed that MT. Cald. Uen will cause to be conveyed to the Connecticut Mills company by deed ant free from all encnmberances excepting an existing mortgage of $4,O0o, proper. ty in Taunton and Danielson now own d by Mir. Caldwell or his wife, Jear Holmes Caldwell and upon whicl houses were erected.
 Another proposal is that a new agea ey agreement be executed between tht Connecticut Mills company and the R !. Caldwell company, this agreement tt supercede all prior selling agreement between the parties, the new agreemer to provide for a selling commission O 2 1-3 per cent. and the agreement to ex tend, to April 1, 1924.
 The meeting also will be asked t consider a plan for increasing the au thurized capital stock of the mills com pany by the sum of $153,700 and of es tabllshing such increase as second ore tered stock as the same character a that now outstanding.
 The announcement for the forthcom ing meeting sets forth that inasmuch a more than four quarterly dividends ol the first preferred stock of the mill com pzny have accumulated and have no been declared the voting power of Gas \ common stock is suspended and hold srs of first preferred stock are aIon entitled to vote upon the business t come before the meeting.
 The reasonable success of the com panys operations during the past fe1
 months is shown by the balance shee as oG October 2, 1922. The surplus ac count has increased since the last an nual report submitted January 7 192: from S153.091.93 to S1153,732 10, an ir crease of over a million dollars sine the first of the year and is due in par to the excess of the price obtained fo