Show A BIG BO HOND J ISSUE l Chalmers Company to Market ct Many hlll Millions of Paper luller Shareholders of or the Chalmers company to the lime earnings of oC which ho tho branch house In this c city t Is 19 contributing con- con so so freely and which latter latler promises to close the time year on un n a now note record cord I are aro to meet Jul July to consider con con- ider sider a resolution h by iry the hoal board d of dl- dl rectors which proposes to issue bonds in n the tho sum mini of The stockholders will also be al asked to lo o approve the conditional contract contraeL entered Into between the company and Hammill Co acting aeling on behalf of or a n syndicate which includes es of lt r ma may include several ral directors of or he the company compan for the purchase of portion of of or the which shall not bo be taken talen by time the stockholders holders The rhe stockholders willbo will willlie willo lie bo o given tho the prior right to subscribe for or this issue at al 80 and ancl accrued In- In terest t. t The rhe of they tho propos propos- od d authorized amount of or if of bonds will he be retained In the tho teas treas treasury ur ury of tho the company and I Issued at such times thanes as ns they may be lIc hel hereafter here here- after needed The sale of or this of or hoods at SO 80 will yield the tho corporation less whatever bankers bankers' commissions sin may he be paid Of this amount about n will ili be he used to reimburse the lime company compon for expenditures made malIc In connection with the Ute construction of oC I the he new plant at West Vest Allis AIMs nod and the rest of or tho the pro pro- eells from Crom the lie bond sale will be lie used for tor or working capital carIlla The Cie new plant at it West lIls Allis Is nearly completed and find portions I of or it are now noes in use e. It Is expected that tho he plant will ho bo entire entire- entirely ly Iy finished and ready for rOl operations l In Au August The rime company has outstanding outstanding out ont stan standing con common mon stock preferred stock and heretofore heretofore here horo- has had hind no nn bonded bondell Indebtedness Indebted indebted- ness ne Of Ot the material now going Into the thc plants al at Garfield line Iho Chalmers Allis-Chalmers company Is supplying a very large tonna tonnage e. e |