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We desire our customers to become partners with' us in this enterprise which they know and patronize, believ
ing that such partnership will establish and maintain a closer relationship between our customers and our com- ,
pany. For this reason our company is, for the first time, offering to the people in the territory it serves the
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Garo
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Preferred as to Assets and Dividends Over Common Stock
Price $100 and Accrued Dividends Per Share
" ' J
TAX EXEMPT in the State of NORTH CAROLINA and Dividends FREE
from FEDERAL NORMAL INCOME TAX
This Stock is Offered on Two Plans CASH or PARTIAL PAYMENT
On the Caah Basis you may buy as many shares as you desire, or as we may have to offer. On Partial Payments you may buy any number of
shares up to 25, paying $5 per share down and $5 per share each month until the purchase price of f 100 per share is paid; to the final pay
ment is to be added the accrued dividend from the last preceding dividend tiate.
Should partial payment purchasers, at any time, or for any reason, desire to withdraw before completing their purchase, money paid in can
be withdrawn in full with interest at 6 per cent per annum upon 10 days' notice to the Company at any time prior to date of final payment.
On the other hand, you can pay for your stock in full at any time and secure stock certificate.
This Company Has Regularly Paid 7 Per Annum on its Preferred
Stock lfo Quarterly
DIVIDEND DATES
January 1st
April 1st
July 1st
October 1st
Progress and Future Development in this Territory
Today this Company serves 28 communities. The entire territory has shown a substantial growth in the last few years, both industrially and
commercially, which Is evidenced by the greatly increased production of our mills and manufacturing plants. With the rapidly increasing
uses of this Company's service for industrial, commercial and household purposes, the soundness of the position occupied by this oublic utility
is amply assured. '
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i
Proceeds from Sale of Preferred Stock are Used for Developments and Extensions to the Property of
Carolina' Power
L
mkt Co
This Stock May Be Purchased-
through any of our employees or at any of our
offices. The information coupon, letter or post
card will bring you full information without
obligation.
INFORMATION COUPON
(Without Obligation)
CAROLINA POWER & LIGHT CO.
I shall be interested in receiving further particulars concerning your 7 per cent
Cumulative Preferred Stock, including easy payment plan. - x
Name Address
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