OFFER TO PURCHASE FOR CASH ANY AND ALL OUTSTANDING SHARES OF COMMON STOCK AND ANY AND ALL OUTSTANDING SHARES OF CUMULATIVE VOTING CONVERTIBLE PREFERRED STOCK, SERIES B OF OLD STONE CORPORATION AT $1.00 NET PER COMMON SHARE AND $4.00 NET PER CUMULATIVE...Manticore Properties LLC • November 14th, 1997 • Savings institution, federally chartered
OFFER TO PURCHASE FOR CASH ANY AND ALL OUTSTANDING SHARES OF COMMON STOCK AND ANY AND ALL OUTSTANDING SHARES OF CUMULATIVE VOTING CONVERTIBLE PREFERRED STOCK, SERIES B OF OLD STONE CORPORATION AT $1.00 NET PER COMMON SHARE AND $4.00 NET PER CUMULATIVE...Offer to Purchase • November 14th, 1997 • Manticore Properties LLC • Savings institution, federally chartered
November 14, 1997 Manticore Properties, LLC 110 East 42nd Street, 18th Floor New York, NY 10017 Re: Old Stone Corporation (the "Corporation") Dear Sir or Madam: Each of Gotham Partners, L.P., a New York limited partnership, and Gotham Partners II,...Manticore Properties LLC • December 8th, 1997 • Savings institution, federally chartered
Each of Gotham Partners, L.P., a New York limited partnership, and Gotham Partners II, L.P., a New York limited partnership (together, the "Funds") hereby commit to contribute, as a capital contribution, up to Fifteen Million Dollars ($15,000,000) (the "Capital Contribution") to Manticore Properties, LLC ("Subsidiary") on the terms detailed herein. The Capital Contribution shall be used to pay for the shares accepted by Subsidiary and all costs and expenses incurred by Subsidiary in connection with its offer to purchase any and all outstanding shares of common stock, par value $1.00 per share, and any of all of the outstanding shares of Cumulative Voting Convertible Preferred Stock, Series B, par value $1.00 per share, of the Corporation, as further detailed in the Offer to Purchase, dated November 14, 1997 (the "Offer to Purchase"). The Funds shall deliver the Capital Contribution to Subsidiary by confirmed wire transfer to the account designated by Subsidiary on the Expiration Date (
OFFER TO PURCHASE FOR CASH ANY AND ALL OUTSTANDING SHARES OF COMMON STOCK AND ANY AND ALL OUTSTANDING SHARES OF CUMULATIVE VOTING CONVERTIBLE PREFERRED STOCK, SERIES B OF OLD STONE CORPORATION AT $1.00 NET PER COMMON SHARE AND $4.00 NET PER CUMULATIVE...Manticore Properties LLC • November 14th, 1997 • Savings institution, federally chartered
