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stays repaired- iisgood as new. ‘

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design patented and registered.

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1i;f-V111 Sie-el Corporation Limited' _

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- *_-__-.fi -if-.;". ;`-~2:_,---_- i‘_f>._,-r, 1910 Due lst November, 1915- _

/`/1'.-.=.-_'_ ..1" .-1.-.11/' _-"_-_'_-.1-.rl ff/1_1-11/1/e at flie C/nmziizuz Ymnk of Commerce, fora/Ito, -'-

/.1//. .'_-,‘ 1-171- /:.1/f11‘. 1

` '/'/'.‘1- [11-[111-1'/111/' of 1*/ru D1-/Je/itur-1-.1 may /fu registeref/_ _

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/fy //_'11: I-`f.-1.-‘.1/1-11.’ of r'/ze Daz///'/11011 Siva/ Corj>orat1'on zlnder 1/ure of ()1--lol`»-1‘r 115'!/1

. _ _

11:- plnc-1-rl nn th-A assets nf tht- Dnmlnhm Steel Cor|\1xrutlun. 1

il. Sr-curlty-$l9.77(i.{i()0 (HH 8-l()";') Common Star-k sn' Dnmlnlnn

li-us: nn1lStcnl Cnrnpany und $1!-,(i~|-8,20() (97 ti-l0'fI) (lnn1||\1»u fitor-It nl' 1511- llnmlnlnn Crml Company, ugigfregfntlngf $154-.4-L’.4»,5QO out of in tutnl of

1§1'i.'},(lt)(),()l)() an-tlinlly outstnndln¢.

-11. P1-esvnt niarkct prlcc-s for these stocks tndlcatc nu equity behind 1

thls lssm- nl' Debt-ntures of npprnxlmntt-ly $2l»000,000. or l~1l1 HIDE!

1111- umnuut nt' the Debentures now Issued.

5. N1-I r-urnlndi nppltcuhle tn tltvtdenrls on the Common Stock' lu-ld

l>_\.- the lhzmtnlnn' Steel Corporation for tho yu-nr 1909 uflr-r dedur ttngf dr-11|-L-1-lution und pnyment ol' l"lxml Clmrgfcs und [ull l'rc-tr-rr-od Dis-|de.\\|s were S2.-}-I-ti,81"$~l', nr an amount more than sultttfeltt tn rc.-tlre the

prciicxlt tssu_e ul Ds-,lu-ntures.

6. Net enrnlnris for 1909 suftlch-nt tn pnythe annual Int:-rc-st clmrde

of $75,000 on thc Debentures outstnndlmi thirty times over. _

S1//1je1/ to 111/1, ti-1 ojfwl/11211/wr-e D1'/ferr/lifes at 5 "? /11 11r1/1-1/131/1’1:'L'_5_I I0

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Uommon SECURITIES G>R1>oRA'1-lon _ 1

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