Evening star., 1938-01-12
SPECIAL NOTICES.
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a. "a tlaaition ldm,,ss Jsy Cooke has contributed
ssaipitt.i taa Of said said partnership on DeeemSer Ser
ss''ooo-Sl,y f1'st FL q ssihith.m ;si School DIS.
sooooo-fI'y SIX. Gt 1ofs! Chester School D'sr,e.
500 'ooo-iiiy filyy. is.sP 2, sPhil.dsDhi. General
s35,ooo-city Of Pittsburgh School p,.
s''ooo-Cty Of Erie; Psnna Mil Creek
Improvement Series A. 4has.
s"5'ooo--Sounty Of Erie; ,Penna. Road.
.o-ooo 4i.s. ia44; A''"' ~
Ss'oo1fGssy Sfovsmsnt G,t' .}ss il isSs General I'm
that none Of the other special partners
nave nav oh.r e9n,rbntsd or agreed to eontrbus
any any, additional limited capital centri-
ship sh Vas Vas flled in the once Of the Clerk Of
ttoe Ds'rst ths Goprt Of the United STATE:
the time OF the fling OF said certifcats
sums OF money specified herein TO have
been contributed by each o! the special
were aetuslly and in sood iAith paid n
cash to said partnership on Dr. cember al,
io3I and that the securities stated herein
said partnership were actually and in rood
| faith delivered and contributed TO said
psartnsrship .s on December 81. 1887; that
| at the close OF business on December Al :,
a13 1a3': and shall continue fo- the term Of
| let"; provided hcwever. that the partner =
ship may be terminated at any time not
maov 's in Of # the the
partners, such election to be made by the
general "ertners SO electing by written
| sl or the other partners at least niryet Y
days prior to the date fixed in such notice
Vim @ efe epn snd xneh Drovded safa
that If partner shall have Withdrawn
during any calendar year by .resson of
partners having ma iority in interest who
are constituted the Executive Committee
q such BY a notice pslfp deVer.d 4 to on al fn
| the partners at sny time before the end
81 such year; that until termination Of
have any right to withdraw any Of his
| limited ,captai contribution. except as Of
the1 END Of ANY any sale calendar year and then
| prior to October ] st in such year OF his
s, desire ,,. to make such xithdr,val; and sx-
Shin nnsty s days Sc ss S,n provided ofd.
other times may be made with the written
consent OF the said Executive Committee
ot the partnership II as a result thereof
OF the partnership; and provided further
f, that II at any time the total amount Of
| ing any capital added after the date Of
this , Gertihcate': shal! have been reduced
he 10 es Of sn hs
contributions, both general and limited.
then each special partner shall be so
and any special partner shall be entitled
| TO withdraw AZ or any part OF his limited
sapts the n within ninety DAY,
| such reduction: that until its termina ton,
the partnership shall have no right except
psrtner, to to return m to s'G any partner. IN without
| his consent any portion Of his capital
snd Of sn Hd ses sna then
only il the partnership shall have given him
| written notice OF its intention TO make
| October lst that the share Of the profits
or other compensation by way, Of income
reason ] Of his ss Contribution 's IS as follows:
The t., Limited Limited ,S Gapita contrbptons @ ,itIa N IN
sas n ans m M ,Re onE sash fonfT,o..Gn Of
quarterly darins any Continuance of the
the partnership whether or not earned a.
| an expense Of the business; that in ad-
he rse 1a = s9a ssesf pTr snnDm pns
! such additional sum or less such sum in
any year, as may be necessary; so that
i graph for any year. when added to the
| aggregate amount o: the coupons and inter-
|
$500 0oo0 90; that upon AIRY proceeds Of
sale OF any OF said securities which shall
! ship in accordance with the provisions
hereinafter stated within thirty days after
sSs cooke sfa interest," m at the rate Of % Per Per snnu
! for the periods during which such proceeds
shall remain uninvested, but only after
or all. as the case may be. of the additional
payment at the rate Of st3s1.bo per
return, upon aii OF his additional limited
capital contribution shall not exceed g.;
pae fn foresons aDp psymsns " Of ineres to "a!
| Cooke upon his additional limited capital
| contribution, other than COUPONS and inter
/ est received by him upon said securities.
shall be charsed to and be paid by the
partnership. whether or not earned. as an
| above stated, the limited capital contri-
| buttons shall not otherwise share IN prof1ts
snS the nor ss
or or impaired by any losses or other chaIa.s
| unless and until all general capital shall
| have been exhausted:
| That no special partner shall have any
tor tori in " his c place as as Special partner. but
each special partner shall have the riEht
to sssisn all or any portion Of his interest
persons AS he desires without such assisnee
| becomins + partner; substituted special.
dltional general or special partners may
lie admitted from time to time to member
ship IN said partnsrship upon the con-
| Special and general: that no right is siven
to one or more Of the special partners 70
ss 70 contributions nor as 70 compensation
by wav OF income: that the right OF the
to conau. he on
ersI partner is as follows,
The Withdrawal Of partner a. result
| OF death. retirement. or insanity. or other
| wise shall not Of itsef terminate and dis,
fovs Ssvs xhdfsvn shf darns any csiend.r sesr
the fe partnership at the end Of such year By
any time before the end Of such. year:
| II the partnership is terminated by the
IN Of the er
have ihe Iisht 70 continue the business
1hs no no sna receive e
Snd than exesps sssa h. Fs'Ss1 ys9 his
special partner. shall be entitled TO- the
return Of the securities eontrioutsd by
i said securities Or any Of them are
purchased With said proceeds. shall con:
tinue to constitute the additional limited
capital contribution OF Jay Cooke to the
he tie proceeds Of the sale Of any Of said
| securities In bonds OF the United States
| or OF any State or municipality OF the
United States approved by Jay Cooke: upon
the terminstio Of the partnership or the
withdrawal from the partnership by gay
| Cooke. there shall be returned to him
! in repayment OF his additional limited cap
| ital contribution such part or all OF the
| securities orignally contributed by him
as aforesaid. as may then be on hand, and
| the proceeds Of the sale OF any securities
constituting his additional limited capital
| contribution not then reinvested and any
new securities then on hand which have
| been purchased with the proceeds OF such
| securities sold in accordance with the pro-
| visions OF this paragraph: II the partner
| ship reinvests the proceeds. or any part
thereof. OF the sale Of any securities con:
stitutine part of the additional limited
| capital contribution of Jay Cooke in secur-
tiles not authorized by. or not in accord
| ance with. the provisions Of this parS-
| graph. he may ut his option. upon the
| termination OF the partnership or his
Withdrawn ,therefrom. either accept the
| Unauthorized securities or require the
partnership to pay to him an amount eoual
| to the amount Of the proceeds ORIGINALLY
| invested in such unauthorized securities:
| and in such latter event. such unauthorized
securities shall become general assets OF
! the partnership.
/ p