Salt Lake Telegram | 1902-06-20 | Page 2 | Whisky Trust to Scale Its Capital

WHISKY TRUST TO SCALE ITS ITS' CAPITAL Will Reduce Its Stock to Less Less' Than Half alf the Present Present Pres- Pres ent ant Issue NEW YORK It June 20 It It is planned to put th the Distilling company of ot r America Amer Arner- ica lea through a 8 process of tion If It plans now formulated formulated- are a success s there will bo be a large reduction in securities of or the company The present capitalization of the Distilling Dis DIs- tilling company of America consists of or of preferred stock and 46 of common stock All of this it is proposed shall be retired and nd scaled down in a new issue of of stock amounting amounting amount amount- ing to Plans are also arranged for the re rr- rp- rp funding of the tho present bonded Indebtedness edress edness of or the company Th The total bond proposed is