Show OHIO COPPER MAY MAYI I BE ll fiNANCE BY UNITED CO What hat appears to be bt a f ne new pan fan for financing Ohio Oho Copper r. r the Stewart Mining Min Mm- other properties ing company and l prop through th the of the time holding company com corn panIc pany the United Copper com company n has Just developed Shareholders of or the United Cop Copper r company AI me amo In receipt of oC a 8 circular I from fro ron the Hie United Copper Se Securities company signed by Calvin Calvi O. O Geer president In which Is Announced e the formation of the tho securities company f with Ith capital of 6 per r rent cent cu- cu preferred stock and end common stork for or the purpose or of gh giving ly tn ing holders of or United Copp Copper r common and stocks opportunity to co coOperate cooperate co- co preferred c- c operate In efforts that that are being made I Io to assert th their I rights gl S end protect their i ft property o a and that h of subsidiary Ii companies compa rites nies of or United d Copper I Security company will also issue lesui 2 2 I wi year ten 6 per cent collateral trust trus not notes nOte the te scheme being belag to set get Iet Copper shareholders to take tak j not notes s sIn I In exchange for their present securities United Cop Copper r shareholders are ar made the I follow following ins proposition 1 Preferred stock stock- Fifteen dollars I per er share shale in Securities company notes which shall lall provide pro l that stock lieU hel as asI I collateral security shall not be b sold helow he lie low 3 25 per share shar th the to re receive receive reo re- tel c one half of oC any ny ay excess over 15 p per r share sharI for United Copper preferred pre b the Se Se- Se stork stock that may be realized by company pan from an any sale sal saIl or yit- yit stockholders may mar take 10 per share sharn har In ra rash carh h in tim addition to 15 6 in notes by bJ waiving all al claim caim on stol stock k deposited 2 2 Common stock stock- Three Thre dollars per share shar In Iii 11 notes which shall hal provide that Collateral mav m not be he sold for less leas th than n 10 per share shar the tho l to receive one-half one on 81 any excess S over 3 per pr pel share realized f flom m sale of collateral or 50 per share in Securities company preferred preferred preferred pre pre- In addition adion to 3 In notes the stockholder waiving all claim on United Copper common stock deposited Holders of notes Issued to preferred and arid common shareholders of United Copper re given the right to elect elet four of seven seyen re directors of Security company Deposits are at called caled for with wih Columbia Trust company of ot New York on or tr De- De tore fora January 12 1912 Preferred stock tock of oC Securities company is offered at par to all al depositing United Copper shareholders pt with Ith a a bonus of or 50 per cent in common stock President Geer says sars Funds realized are to be used for the purpose of ot primarily marily placing tho the companies of United Copper company compan vi via vis the Stewart Mining company New e York lork and amid Pittsburg Coal company and Ohio CoPper Copper Copper Cop CoP- per company In funds to develop to the best advantage and assist In reorganization tion ton of La France Fance Copper company and generally L as directors director may advise This company the company the the S 'S Securities company com coin pany wl trill be placed In position polton where it itcan itcan I can readily realy obtain large financial assistance assist assist- ance anco such as Is needed needer to pl place A the subsIdIary subsidiary sub sub- companies of United Confer compan com com- pans pan in good condition to produce the profits they are capable 0 of producing if I properly financed and anti information of great groat value will wi become available to all al depositors and will wi be used for their I benefit as aswell well neil cl a as this company's or but oth otherwise r lse wilt will wi be lost to all aU |