Postby dognose » Tue Dec 21, 2021 6:55 am
The Gorham Mfg. Co., issued notices the past week, signed by Alfred K. Potter, treasurer, announcing that it will redeem on Feb. 1, 1920, the following bonds to the aggregate of $750,000 which is a portion of the 3,000,000 first mortgage 7 per cent serial gold bonds which the corporation issued on Feb. 1, 1918. These bonds for which the call for redemption is issued are as follows: Bonds No. M-751 to M-1000 maturing Aug. 1, 1920; Bonds No. M-1001 to M-1250, maturing Feb. 1, 1921, and Bonds No. M-1251 to 1500, maturing Aug. 1, 1921. The bonds thus called for are redeemed at this time under the provision of the trust mortgage which provided for their redemption previous to the maturing date at the option of the corporation. Interest on the bonds ceases on the day of call, the last day of January, 1920, as February 1, 1920, falls on Sunday. Payment of the bonds will be made to the amount of 102 per cent of the principal, with interest to the first day of Feb., 1920. It is understood that nearly two-thirds of these bonds are held locally.
Source: The Jewelers' Circular - 31st December 1919
Trev.