Show HEINZE BREWERY MERGER I Said to hi bo ht nc ni We Drink 1 UI en I In lit i l New w York Yori April Apri 1 The Th The fr first step atop toward oward a n Now New York brewery Iner merger merger bach r back of or which It Is I rumored I Is F. F Augustus was was was taken nt at fl a meeting of the stockholder of ot the tho Control Central company hold hell I yesterday In the offices of or the company n at river Sixty eighth street tnt and Ih the lat East i I It I was ivas voted to In Instruct truet the three three- toes tors of If the Central Knowing Brewing ln company 1 to proceed with the nl negotiations fo foI for COl fora I In a now nw holding company compan The capital capita stock of I the Central Brewing ln comi com corn i pany Dany J Is Is- Isto to tn ii he hl turned over er to tIme the holdI holding hold hold- I Ing n company l on nn the tiit tt basis basl of a n pro pro- I that for each pah pharn haro of or stock pa par value 10 1 00 double the value thereof therEof I should b he be given In iii time Die new boIling I company company for Tor o each tach share shai e of Centra ln Brewing company stock the shares i ii in ini i i Ow 1113 new to be divided equal equally I ly hy between common and preferred 1 I lu It ii was al also o guaranteed that th time the pre ui-c- IP i erred forred ld stock In 10 11 the tt holding ln company compan would pay fi S r per cent I The rite rh promoters of th time the proposed merger mer nier- ger er have havo organized under antler the no nan in mum of ot the Breweries Bl Bond Booth anti and Surety company but bm th the titI title til of the holding company has not nol yet been made pub pub- pul- pul lc lie TI Tim The capitalization of o the lime hold hold- I n company while not no definitely dp elded Ideel upon ulon will wi bo ho not Ip less than that 11 10 1 0 antI and T runty Y be 10 hp I |