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Show $4,300,000 The Amalgamated Sugar Company ! 4 8 Per Cent Cumulative Sinking Fund First Prefen-ed Stock Par Value, $100 Per Share Authorized, $5,000,000 Outstanding, $5,000,0 Dividends payable quarterly, February 1, May 1, August 1, November 1 Redeemable In vhole or in part at tie option of the Company on any dividend date at $120 dt ,v, and accrued dividends upon sixty days' notice 1 5ni't Tlie following information is summarized from a letter of Mr. David C. Ectk-s T President of the company: ' !!! CAPITALIZATION1. (after giving effect to the new financing.) Authorized. Outstandi- 8 per cent Cumulative Sinking Fund First Preferred Stock . .4o,000,000 $5 000 000' Common Stock 2o,000,000 62li$ HISTORY AND PROPERTIES The 'company is one of the important beet sugar producers of the United States a.j through some of its constituent companies, has successfully operated for twenty years. "J owns and operates eight factories in Utah and Idaho, with an aggregate daily capacity 5400 tons of beets or 1,188,000 pounds of sugar. 0l PURPOSE OF ISSUE - - .. The proceeds of this issue of preferred stock'; together with $1,000,000 additions! Bl mou stock, which has been recently sold at par, has been used to retire all of the bonds to provide for the retirement of the previously issued preferred stock of the company, Uj .'. to add to its working capital. PRODUCTION. The company 's production of susrar has increased from 81,727,500 pounds in lojj , 112,326,700 pound's in 1919. EARNINGS Annual net income of the company, after payment of all taxes, including Federal tsii for the last five years ended February 23, 1919, available for dividends, averaged $l,4$5i)l : and for the last three years .averaged $1,603,003. Dividend requirements of the $5ftio$ i Preferred Stock are $400,000 per annum.' '' ' ; ASSETS Afler giving effect to the new financing, net current assets of the company as of Feb. ' rnary 28. 1919, were $5,020,000, and total net assets were $13,366,000, against which this ; $5,000,000 of Preferred Stock would be a first charge. SINKING FUND I j An annual cumulative sinking fund is to be provided, sufficient in amount to reta j at $120 per share, 2 per cent of the amount of Preferred Stock then outstanding. j PREFERRED STOCK PROVISIONS ! No mortgage, except purchase money mortgages to the extent of 75 per cent of tie - 1 cost of new property acquired, may be placed upon an' of the property of the conpary -I without the consent of 75 per cent in amount of -the Preferred Stock then outstanding, to;. ! without similar consent, may any other indebtedness be created, except customary borrot. I ings of not exceeding one year in maturity, made in the ordinary course of the cotcpsjt'i business. ! No additional stock equal or prior to this issue may be issued without the consent 75 per cent in amount of the Preferred Stock then outstanding, and then only if the jfff. ;. I age net earnings of the company, applicable to dividends, for the three preceding fki! years, equal three times the amount required to pay dividends on the Preferred Stock & 'j i outstanding, including that to be issued. .l The company agrees to maintain at all times net current assets equal to at least 60 rs : j cent of the amount of then outstanding Preferred Stock. t "We are advised that application will be made to list this stock upon the New Tcs j Stock ExehaDge. ! PRICE, 102 AND ACCRUED DIVIDEND, ! YIELDING OVER 7 3-4 PER CENT. ! HAYDEN, STONE & CO., MONTGOMERY & CO., : j NEW YORK AND BOSTON. NEW Y0T 7ELPHIA I CHICAGO. ' The statements herein contained are not guaranteed, but have been, obtained fwl sources which we believe to be reliable. I ' j " " J. E. Sebrf e, S. ff. b i SECREE IE i j Mining and Industrial fc- i and Eandi, I Liberty Bondi Bolt j "WiSAtci 40ia I S33 M;iin St Salt lake Cf m iaiiiwwmu"m-iiJiaiw m umiMWwumi iara m ihuk. I Amaigaiuated Sugar Company J 8 CUMULATIVE PREFERRED STOCK I! B Antioipntins; a heavy oversubsi'ription, Are purchased H outricht from tlse syndicate R substantial block of this ' 8 slock, llenee, thonsrh subscription books closed Wednesday, Wednes-day, vo are in a position to confirm all subscriptions made to date. Moreover, until the supply of stock available for th purpose is exhausted, ve shall continue, to receive snb-8 snb-8 smptions at tlie issue price 102H per share, plus accrued ac-crued dividends since August 1. Balance of Payment for All Subscriptions 1 Made to Date Is Now Due at Our Office !j This stock, which offers the exceptionally high return gj of 7.S per cent with excellent security, is naturally sell- ! Si inc: rapidly, so that we rre immediate action for all ! who wish to purchase at the present price. i Palmer Bond & Mortgage Co. jj Suite 412 Walker Bank Bldg. Wasatch 5SS3. jjg Subscriptions may also be filed with the follow- jS lowing for transmission to us: M BOISE Wyman Realty & Brokerage Co. I I HELENA Taylor-Tipling Co. ' ij POCATELLO W. H. Jackson, Jr. 1 3 OGDEN Utah National Bank of Ogden. II PROVO W. H. Ray. H WILL BUY""" At Top Pricw S00 rtah-l.tstic S00 Air.l. S-Pr, cnncW-SO cnncW-SO ?t Cok Snjsf. SO Con. Wnjea S';i 30 lion's Sivit.C P5-"'1- All isrocs Liberty bot Edward L. Burton So. Vain. LUKE COLLECTS LUICE COLLECT. I FOR SALE 1 5000 Shares Gustaveson Oil Stock 1 at 6 Cents ; j Address D-39, Ij S Tribune. B ('aaaaaaaaaaaaaaaaaaaaaaaa Side Swav :: ! aa Is nl'solutoly rlinilnn(-.l t-y tho stci-nnv (TT.ir cf l.fo Trsllor. They (rn,k n'..so,iti-ly. i.nw i,n ami k-( Una -,rks. H Is into: cat- InK for 111) imp who niljcht nso trallorn. ! 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