The New York herald., 1922-07-06
ArIAs POWDER coMrANY.
Fifteen Year 7kT Convertible Gold Bonc
NOTICE OF REDEMPTION.

| t1Iteen year IL2To COnVertlDle N1Olu IooHus'
NOTICE OF REDEMPTION.
NOTICE is HEREBY GIVEN. as provided
| In Article II of the Indenture dated as OK
pany to The New York Trust Company.
Trustee. covering the issue Of 1000 600. FL. Ell
teen Year 7hso Convertible Gold Bonds. that a.
the Atlas Powder Company has elected 20
exercise the right conferred on 1t by SAID
Indenture and will pay off and redeem on
Tfsssn Fnsssa Year T TX g conVsrtbe ns V Cold Bonds
! which may be outstanding on said date, at
1863 Of the principal amount thereof togetnes
with accrued interest to August /. 1922. and
such bonds shall cease to draw interest after
such date.
Holders of the said bonds are hereby mott.
| fled to present said bonds for payment ana
ofiI cipsi office o. Of a' The New York Trust Com
RanS BonSash hras'es os cisy County and
State Of New York. Bonds surrendered for
redemption should have attached all coupons
registered as to principal must be endorsed
In blank or be accompanied by proper instru-
ments Of assignment and transfer IN blank:
Signatures must be witnessed and guaranteed
either by New York Banking Institution.
one with New York correspondent. or
member of the New York Stock Exchange.
or acknowledged before Notary Public.
CONVERSION PRIVILEGE.
Pursuant and subject to the provisions OF
Articie9v of, said Indenture the holders or
| 7ises Convertible Gold Bonds may convert the
same at their principal amount into shares
| pany OF the par value of 500 each at the
price of $125 per share for the Common
stock. Such conversion may be made any
time UP to and including August /, 1922, the
redemption date, provided that the respective
holders or registered owners of the bonds to
tHe prnoipni office q the Trustee in the
Borough of Manhattan. City Of New York
written notice of election to convert such
bond or bonds and of the serial number or
numbers thereof at least five days prior to
the date. specified In such notice for such
conversion, and at the time Of giving such
, notice shall have surrendered to the Trus.
tee at its principal office in the Borough OF
Manhattan, City of New York. the bond or
bonds to be converted. as stated In said
pons any bond or bonds registered as to
principal to be transferred to bearer prior
to such surrender thereof. The rights OF
conversion shall expire at the close of busi-
ness on such redemption date above mem
Toned TO Wit August J.. 1922, but said re-
qurement OF a five days notice shall not SO
operate as to shorten the time within which
the holder registered owner of bonds may
exercise said conversion privileges, which
respect Of the bonds mentioned in any such
notice. when said notice shall have been given
and said bonds and coupons shall have been
will be made of accrued interest on the
bonds to conversion date and certificates for
carrying ali dividends thereafter declared and
| paid on Common Stock
No fractional shares Of stock shall be de-
| 1VeTeQ upon any buCn COnVoTSlOu OIL DoHu5s
| but the Corporation covenants and agrees
| to deliver. or cause to be delivered. scrip In
lieu Of any such fractional shares which the
| holders of bonds exercising such right OF
| conversion would otherwise be entitled to re-
| ceive
Bonds presented on July 27th to the date
| fixed for redemption will be converted OF
| August list and interest will be allowed on
| the bonds to that date.
BY Leland Lyon, Treasurer.
| Dated Wilmington, Delaware. July !. 1922.