Document evej2jknxoGw2gKe0mrk1aody

FILE NAME: Asbestos Corp Ltd (ACL) DATE: 1979 DOC#: AC LO14 DOCUMENT DESCRIPTION: Financial Statements IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA EMILIO E. CARDAMONE and ANTONETTE CARDAMONE, his wife v. BELL ASBESTOS MINES, LTD., ET AL JOHN MC FADDEN and ELISABETH MC FADDEN, his wife v. BELL ASBESTOS MINES, LTD., ET AL VICTORIA AMENTO, Administratrix of the Estate of JOSEPH AMENTO, DECEASED v. BELL ASBESTOS MINES, LTD., ET AL ANTHONY G IRADI and LUCY G IRADI, his wife v. BELL ASBESTOS MINES, LTD., ET AL LOUIS GRABOWSKI and HELEN GRABOWSKI, his wife v. BELL ASBESTOS MINES, LTD., ET AL NO. 78-1117 NO. 78-1041 NO. 78-2023 NO. 78-1987 NO. 78-3046 REQUEST FOR ADMISSIONS Plaintiffs request defendant Asbestos Corporation, Ltd. within the time frame set out in the Federal Rules of Civil Procedure, the following admissions for the purpose of this action only and subject to all pertinent objections to admissibility which may be interposed at trial: 1. That the attached financial statements accurately repre sent the financial condition and/or ^arnings^ of defendan^sompany as of the dates on said J statements. HAMBURG^jftiSfril^'iWLLJN MAXWELL owa^rRubn; Esquire Attorney for Plaintiffs Asbestos Corporation Ltd. (C oa tio ta d by Ganatal Dynamic* C oip ) CAPITALIZATION (O p *. 31 7 ) to n ti t e n u o ta r - s ? .* ? .* (. . ci S l.M T .0 3 c u n I. m ici 1 17.S M .000 ..*. Su. * 5 f >nb de Ju ly IO. tu g o STOCK*'0 $ 3 0 p u ......... Common no p u .. Aulh SA* 300,000 3.600.000 O u til Sha Won , 7.637.007 POSSIBLE LPPHO PHiAltO N O f CO S PROPER I l l s - Oct 71. 1677. Go*t ol Ouubuc intended lo II quee c o n tro l o l Co m itially tliru p u r.h * m U im eral D yna m ic* C o rp s S4 d<k, aharahotd.ng and utiaequunily th iu a cqu isition o l all other hare .u n u ia l Dynamic dirt not wish lo ta ll its invaalmnnl n C o . but a a i willing lo nugolialu the m attui with h Govt which m thcatad that it would a .p io ix ia t in* aasutu o l C o . but only if it war unable lo agotiala Iha puichaau e l Gana.al Dynamic aharu .oid.no Subanqoanlly. G a n ,.| D yna m ic. r |.c l d n o .c r by th a G ovt to buy C o '* m ta.aat a t 1? p , Juubac natio n a l A ...m b ly , u n.blm g iha G o .l to .p ro p im l. Iha nala o l Co , ma.aly by am .m g lira On t h . a . m . day. C o * l. d an action .n the VI .I!**.1,hI n o r.. * Court o l Ouabac to p ra v .n l .prop.,anon on unconstitutional. and cyuaatad that t h . Supanor C o w l ita ua an mlarlocu *, mtunction p ra .a n lin g .proprianon, pandmg fin .i atarm iM lion o l tha action Supanor Court declined J g ia n t Itua m iunctiun on th e ground th a t th a ra ng e 1 prem atura July ?s. I7y. an appeal . . . * | , ,, ,0 6c e C ourt " an attampt to over .in Iha Superior C o w l a daciaion Oac 13 i7g I . Court ol Appaal granted C o ', ra q u a .t'lo r lailoculory miunclion. on tha baia that ,aua. ol scnmuialion and conatitulionaliiy w a r. y . t ,0 ba utermmed Haarmga on Co' mam aclion to p rav.n l .proprianon bagan m A p r . tg p o . at th a Supanor ju rl ol Ouabac. w hich upheld tha conatitulionaliiy Ouabac a a ip ro p tiat.o n law. May 77, tggo Co paalud Ihia d ecisio n. and in A u g . 1060 ` thia p e a l waa s till pending ' CORPORATE 0 ACKGA0 UN0 Company produca aabaalo *bta. whtch i t mmd. mJled. gradod and aoid lo manulactw* m * c o mm ercial a la to Ce a w n * m tee or hae mmaral n g h u lo alenarne acraaga in th Thailord Black la k s a ia a a l as ts rn O u . anNi m ma* aad muta opu ia le d locady Co alao owna a mina m Unga* arua o l northare Q u a , Co hip Ibi apra lo a *mhmg and and w aiahou* in Nordanhgm, W el Getmany PROVEN RESERVES a l Oac 31. I67g. w ar* a lim a la d al 77d.t3l.OOD Iona o l or EMPLOYEES Oac 31. I7. 7.331 SUBSIOlARIES- whoNy ow nadAnchor Holding l l d Aabaaloa Corp GmbH Minore* t ld INCO H ^ OH ATEO m Canada O ct 6 75 and acquuad anls and underiaking o l concerna and r utiam properi y al Thailord M utai. P Q CHAHIMAN S W fia t. VICE CHRM, G E Mac Donald. PRES S C H IE f EdEC OFFICER M E Tarn hexrau. EKEC V P, M P Caiaon. V P. SECV 4 GENCOiiNSEL J M Rouaannu. V P. W B R Caiian. fl C Julien. J Gaudry. G A McCammon DIME C l ORS P E Augar. M P Careon C. E Mai.Dnnnf<l. F II Kearn, VI G Sullivan. R A Dugia G W Finkn M E Taacharaau. M J O Brian O F IIC E Sun l i t e B lrty . 1155 M atcaltu S i. M onlienl Qua H30 7 *6 (Tal 51 661 8 7 0 l| BOND DESCRIPTIONS " S E DEUS . SERIES A, Du July 15, t 8 0 Authoniad UaluMad ad Outstanding iDac 1 1 . l( 7 t l 170.000 000 Stl.M6.000 Huid In, SE I.H7.000 Ruinad e.000.000 Additional D e b t or alhar landed obtigetione may nut be iasuad. aacapt lor itfu n d in g Sai A Oaba . iinlea consolidated net tangible assata aia at least 3 tim es all funded o blig atio n , lo ba outalanding. and 1 o nsnliduted net eemmge tor 17 out o l 16 montha naal pin ca d m g r 1 laa a l 3 l.m es annual mtarast lequirsm ants on alt landed obligation- alt ag dekned DATED July 1$. 1070 INTEREST PAYABLE Jan 6 July 15 PRINCIPAL 6 INTEREST PAVA8LE at Canadian la n d , at any branch m Canada at Royal Bank ol Canada TRUSTEE REGISTRAR- M ontreal Trual Co DENOMINATIONS- C oupon. S 1.000. SS.OOO. $75.000. and $100 000. principal regtileraM e, laky regtalerad. $1.000 and muNiptak lharaol SINKING F UNO 1aquiree te lee m e n t a t 100 S ml each July I* , lo 166. o l $1.000.000 Debt REDEEMABLE OTHERWISE on 30 doy' nollco al 103 /. th ru July tS. I 7 a . premium daclm m g * o l 1% e ach year llw July IS . IM O . and 100 alter SECURITY- A d ire ct unaaewad ebhgeuon Neither Co nor any eubeiditry may morlgaga a s s a il le a c a p l putchaaa money obligation and cerlam parm iiiad iianai without aacwm g D e b t equally and alably lharawrth 1*17 145344 17.3*1 1.071 la * 76 1*7 I5I3M *413* II. 7M 30.433 ? 770 7.41 ?M 1*7 1*73 I0M 7S M .709 $.$3$ 11.107 05 MO 731 on 1*77 *6331 7*1 1.370 0a PI $3370 3133 I0 t! ? 17 170 B$M $3.583 4 .1 $.41$ ? J* M m | (th o a Cm 0) 1073. c ro is or S O M . 1976. cr343 a t |0 1| . IS IS . C ld .d lS or $7 33 Sh ama aia aa tapariad by Ce Anwual R ep o rt- Cortad 31 Thou Can 0 Ml M M ............ C ott pi O pw m com * Othe* com . lo t i mcom* . . 0#p# A dpl income te i in itfc ii ip eel Mel income O ooiltiufi Bel eli fh eern# Inc Acci.. Yro ' toro I7 I7 M iM ia d 35.843 1.473 37.00$ 0 306 $.314 3.764 17.M 3 6.606 10 653 6 7? End One IB fB 14? OAF HAM A l AM *411 9 )0 II.M B 3. 195 * MS IS AS! a .ao * 4? SS m Conaol. 0*1. Shoal, Aaaala -- Cash L oquiv ......... Racaivabla*. noi Invanlotiaa .......... Prepayment . . Tot c w t assai b at proporti Olh d ttr deveimi a ip a n d a ............... Other a a a a tt............. Total a a a a ta ....... Oac. J l: Thaw. 070 177 30 073 77.040 4.477 10.033 130 107 7 *3 5 3 too 371.000 Can. | 1076 i.ia t 46.676 63.611 ? 7J? 116.560 171.776 70.057 971 6 314 Bank dabt ...... Accia pay $ accrd hab . Cwr dabt mol ... Oua to aau c o t Incorna and olh la a o a ........................ Tot ewr. nebe.... Lang I arm d e b t......... Dalr me taaea (Corn alk n g ......... Rat e a rn ............ T oial h a b a ........... N el w hg c a p ...... Equity cam ah *0ee S dap! She 7.H37.007 10.000 7.173 3.M 7 70 > .< N aa. id 74.487 3.744 33.317 I7 3 .0 M 771.658 70.708 M $ *$ 07.448 14 70B 36.07/ 1016 770 M3 df.d 13.$$ I . 4P 1 33.317 113.143 3M .3J4 00.738 SSI 7 M .1J STOCK OATA CONTROL Sap 10. I9 6 0 . Ganaral Oynamtca Corp 1Caaadal. wholly owned by Ganaral Dynanuca C oip . ow nad t.SSO.OIOCom aha (54 $<*,( STOCKHOLDERS- Oac 3 t. 197. 7.097. TRANSFER AGENT S REGISTRAR- Royal Trual I '. t t . M ih iIiiim I. I i i ii u il n and C algary U S ILO 1979 197? tv /s I9 M M enn Com . M ontrael $ Toronto 9 3Svo 1978 1 9 * * 19/A 7? O V i 1974 7? 14V. 19 72 3 6 ". 24 v 19*0 Price Dae 31. 1976. ??v* SE 5 33 70-. 79 33 35v* 2lv> tin I5v. 73 I l f CERT DIVIDENDS Com im p a r Can $ 1960 110 June 30| I 70 1979 78 7 0 1977 197? 1 60 1978 1 75 1975 73 Nil 0 5 1971 70 1 0 0 Caah dividend have haea paid on Com each ynar ami 1936, eace p t m 1973 75 DIVIDEND RESTRICTIONS-- Under tarma o l dnbaniura agraomanl. 835.38,36 ol ralainnd am mgs a l Dac 31. 1979. waa noi available lor caah 4ivda on Com CAftMMGA AMD tIN A M C t A AUtNTOflS Pite W *t fh n u t A Co . Monlrl <;<i n s c x 1979 1970 EARNS V C Dec 31 Nat tac Saint Tu I7I.7M S 314 147 051 3 395 thou Can $ Rat *Sh lac lama I7M J $2? 15.151 5 51