Life — March 21, 1901 — page 21: what you’re looking at

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LIFE 5. The authorized Issue of capital stock of the United States Steel Corporation presently provided for In sald contract 1s $850,000,000, of which one-half Is to be seven Per Cent. Cumulative Preferred Stock and one-haif Is to be Common Stock. The Company will also issue tts Five Per Cent, Gold Bonds to an aggregate amount rot exceeding $304,000.00. In case less than all of the bonds and stock of the Carnegie Company or less than all of the stocks of the other Compantes above referred to shall be acquired, the amounts of bonds and stocks to be issued will be reduced as provided in sald contract. The forms of the new Honds and of the indenture securing the same, and of the certificates for the new Preferred and Common Shares, and the entire Plan of Organization and Management of the United States Steel Corporation, shali be determined by J. P. Morgan & Co. Every depositoy shall accept in full payment and exchange for hie deposited stock, the shares of the capital stock of the United Btates Bteel Corporation. to be delivered at the rates above specified. In respect of the ted, and no depositor or holder of any receipt issued hereunder shall have any Interest In tho disposition of any other of the shares of stock, stot tne Honds of the United States Stecl Corporation, by it to be issued and delivered to, or, for account of the Syndicate or of any proceeds thereof. All. shares Of the United States Bteel Corporation deliverable to or for account of the Syndicate, which shall not be required for the acquisition of the stock of the Carnegle Com- pany or for delivery to depositors under the terms of this circular, are to be retained by and to belong to the Syndicate. 6. Tho respective depositaries may make all such rules as shall be approved by the undersigned, governing the transfer and registration of receipts for de- posited shares, and for the closing of the transfer bocks for such receipts for any purpose. The undersigned shall not be responsible for any default of any depositary. 7, Fach deposit hereunder shall be Irrevocable, and shall operate as a separato and Independent agreement, and as a transfer of the Interest of the depositors to the undersigned on the terms hereof, & Deposits must be made wish the following depositaries respectively: or with Common Stock Old Colony Trust’ 'Co National Tube Preferred UKidder, Peabody & “Common I American Steel & Wire I Standard Trust Co., Guaranty Trust Co, Central Trust Co. Federal Steel Preferred Stock with Sues ‘Trust Co, N. Natlonal Steel Preferred’ s “Common Stock American Tin Plate Preferred Stock " te Gomimon Stock ‘Mercantile Trust Co., > Amerisan ses Steel Beni frock Farmers Loan & Trust Co, N. ¥. American Steel Hoop Preferred Stock {+ Ny. y, Gecurity & Trust Co, N. ¥. Deposits must be made on or before the 20TH DAY OF MARCH, 1901. After nd on such terms as the undersigned may prescribe, ‘The undersigned reserve the right In thelr discretion to TERMINATE THE PRIVILAGE OF DEPOSIT hereunder at an carller date upon two di given by publication at least once in two daily newspapers In New York City. It 18 proper to state that J. P. Morgan & Co, are to recelve no compensation for thelr services as Syndicate Managers beyond @ share in any sum which ultl- mately may be realized by the Syndicate. that date no deposit will be recelved except In the discretion of the undersigned, notice to be J. P. MORGAN 6 CO., Syndicate Managers. ‘Federal Steel Co. panies, to cause to be delivered to them, in payment | TIN PLATE COMPA and exchange for thelr shares, the preferred and com- | to cause to be delive es mon stocks 0 Inited Staten Steel Corporation, upon | change. for thelr sha Dest sirt New York, March 2, 1901. | {he terms and conditions stated In such CIRCULAR | mocks of the. United The undersigned shareholders of they FEDERAL | NOTICE, and have decided to accept the shares of the | the terms and See eae eMC Meats, ROE sete Gee | arrangement will result” in decreased expenses, | We believe’ that the consummation of the proposed ee ee eat Gy witch ceare Se tng | 1% lower and more stable cost of manufacture, and, | arrangement. will result in decreased expenses, acting In Behalf of a syndicate in which some of the | without advance of prices of manufactured products, In | in lower and more stable cost of manufacture, and, Ree STAB COMPANY, kod Sf eortata cther | Jarer net earnings applicable to dividends, without advance of prices of manufactured products, 10 eee ee eee eae ed to there ty ange | Stockholders desiring to accept of the shares of tho | larker net earnings applicable to dividends ment and exchange for thelr shares, the preferred and | United States Bteel Corporation in exchanke for thelr | | Aw it ts most Important that the transaction should Common stocks of the United Blates Steel Corporation, | Present securities, must depoalt thelr Certificates with | be comple You will please depoatt upon the terms and conditions stated in auch circular | the MORTON TRUST COMPANY. NEW YOIUC, or | your stoct MERCANTILE TRUST NY and of certain other companies ed to them, In payment and ex- s. the preferred and common Scates Steel Corporation, upon ditions stated In such circular no- Lice, and have decided to accept the shares of the 1e totive, and have decided to accept the shares of tho | Messrs. KIDDER, PEAHODY & COMPANY OF Bos COMPANY, PY) ROADWAY, NEW YORK, who We belleve that the consummation of the proposed Be C Converse, SOE OO, seine WM. MH. & J. i. MOORE. arrangement , will result’ in decreased expenses, Francis Le. Potts, John Eaton,” iar ‘a cr “4 Wililam H. Latshaw, William P. Hamilton, . 7 fitmeet aa vanes: of rteee ot menurerures prodactay tc Jonna hind Te Be baie American Steel Hoop Co. OE ra ” one is Arthur F, Lu! Vilitam *, He He erie Garmoel Spencer A. 8. Matheson, William It. Schiller, Sari New York, March 2, 1901, Sion aie SG. Cuyler. Robert Bacon, Steele, ar Sir: J. Vierpont Morgan, C. C. Cuyler. Wm. Nelson Cromwell, . Tobey, ‘The holders of the AMERICAN uhall Field, Flower. John D, Culbertson, JON. Vanes STE! "ANY have carefully considered QO. Milts, s_MacVeagh. Dantel_ O"Da: the ‘circu Messrs. J. Morgan & Co., ae James ‘sim Anted March 2 iio, wherein Messrs. Jb Morgan & N tha net i KE. H. Gary. Co., acting In behalf of a syndicate, Inctuding th Feteral Bicel Company Stock, Preferred ana Common, | American Steel and Wire Co. | Strii “nor COMPANY" tnd of certain ou fem, to cause to be delivered to them, IPANY, NO. 222 HROADWAY, NEW YORK, or New York, March 2, 1901. | nd'exchange for thelr shares, the preferred and. com= OLD "COLONY TRUST COMPANY, BOSTON, mon stocks of the United States Bteel Corporation, upan the terma und ¢ shareholders of the AMERICAN ditions stated In auch chreular notice —_— STEEL & WIIE COMPANY have cred | and have decided to accept the shuren of the United = ne “circular no jensre. J. . 2. | Blates Stecl Corporation, National Steel Co. dated March 2 1on1 wherein Meaara, J." Morgan & | "We"yetteve that the consummation af the proposed no Co., acting in bebalt of a syndicate in which some of | arrangement. Will result. In decreased expenses, New York, March 2, 1901, the’ undersigned are Included, offer to thy yiders | in lower and more stable cost of manufacture, and, ‘ Dear Sir: of the AMERICAN STEEL & WIRE ¢ and | without advance of prices of manufactured products, 1 ne The “nderstgned shareholders of the NATIONAL | of certain other companies, to cause to b se erp etary Berean etree ie ELC > lully considered. the clr- | to them, In payment and exchange for thi Feary ean ay ate Pure AT PTR eTT re peer gan & Co,, dated March ond common stocks of the be completed without. delay, you WIll_please depoalt ii T, Morgan & Co., acting tom: upon the ‘terms and. conditions. stated your steck promptly with the NEW YORK SECURITY , including. the undersigned, rcular motte, and have decided to accept. t AND TRUST COMPANY, NO. 44 WALL STRE ou ra’ of the NATIONAL STEEL United States Steel Corporation: NEW YORK, who Will Issue thelr tranaterable rec MPANY and of certain other companies that the consummation of the proposed | Dereror, Wet He te ie MOORE to be delivered to. them. In payment. and arrangement “will result. In decreased expenne ot thelr shares, the preferred and common In'tower and tore nable cost of manufacture. and. 9 ‘alte States. Steel Corporation, upon thy without advance of prices of manufactured products, 18 ot and have larger net earnings applicable to dividends. American Sheet Steel Co. nt cided to accept the shares of the United States Steel WwW. Gates, P. A. B. Widener, be Corporation. Wm. Edentorn, HE. Pier ae New York, March 2, 1901. We believe that the consummation of the proposed Alfred Chttord, John’ Lamb Dear Sir: - 1 arrangement. ‘Will result. in decreased. expenses, Wm. P. Palmsr, Thos. F. Ryan, ‘The undersigned shareholders of tne AMERICAN me in lower and more stable cost of manufacture, and, James Hopkins, Randal Morean, SHEET BTEEL, COMPANY havo. carefully considered im Nithout advance of prices of manufactured products, In L.'D. Ward, John A. Drake The circular notice of Messrs. J.P, Morgan & Co., larger net earnings ‘applicable. to dividends ‘Thos. Dolan, BT Ehisholm, dated March 2, 1001, wherein Messrs ‘More An it Is most Important. that. the transaction should Chas, Douglass, 3. J. "Mitchell, Co. acting In behalé of a syndicate, Including the une 1 be ‘completed without delay, you Will please deposit P.M. Drake. z | deri offer to, the shareholders of the AMERIC Your stock promptly with: the CENTRAL. TRCBE | American Steel & Wire Company PREFERRED | SHEET 8TEEL COMPANY and of certain other com- COMPANY, f! WALL STREE W YORK, | Stock should be deposited with the BTA COMPANY, SDAR RUST | panies, to cause to be delivered to the in payment Who wilt té © thelr transf able receipt 40 WALL STRDET, NEW YORK, | and exchange for thelr shares. the prererfed and com: ’ F e. | The COMMON. STOCK should be deposited with the | mon stocks of the United States Steel Corporation, Se OR Ss See GUARANTY, TRUST COMPANY, 60 CEDAR STREET, | Upon the terns and conditions stated In such circular EW YORK. | notice, and have decided to accept the shares af the cd United States Steel Corporation. y Ye believe. that the consummatton of the proposed M National Tube Co. American Tin Plate Co awvekoaiaves inate thence in ot, the) orspon h New York, March 24, 1901 . in lower and more stable cost of manufacture, and, in Dear Sir: = New York, March % 101. without advance of prices! of Foanu tecture products, in “The undersigned shareholders of the - 19 | Dear SI larker net earnings applicable to dividends. me RXOTICE of Messra. J.P. Morgan & Co. dated Mack | TIN PLATE COMPANY have carefully cons:tered the | be completed without delay, you will, pleaso, Gepost i BM, lool, Wherein Mesare, SOP Matgan @ Gon acting | clreular notice of Messrs. J.P. Morgan fcc, dated | your stock promptly with ‘THE FARMERS’ 14 at ‘behalf of a ryndicate In which wome of the under- | March 2, 1001, wherein Messrs. J. Morgan & Co, | AND TRUST COMPANY, NO, 22 WILLIAM 8TRE! Signed are included, offer to the shareholders of the | acting In behalf of syndicate, inclodinw the under: | New York, who will issue thelr transferable rece tional Tube Company and of certain other Com- | signed, offer to the sharcholders of the AMERICAN | therefor. ‘WM. H. & J. H, MOO! comicbooks.com