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SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant [ X ] Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only (as permitted by Rule
14a-6(e)(2))
[ ] Definitive Proxy Statement
[ X ] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
Consolidated Edison Company of New York, Inc.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[ X ] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(4)and 0-11.
1) Title of each class of securities to which transaction applies:
2) Aggregate number of securities to which transaction applies:
3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the
filing fee is calculated and state how it was determined):
4) Proposed maximum aggregate value of transaction:
5) Total fee paid:
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange
Act Rule 0- 11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration
statement number, or the Form or Schedule and the date of its filing.
1) Amount Previously Paid:
2) Form, Schedule or Registration Statement No.:
3) Filing Party:
4) Date Filed:
The following will appear on the Company's website (www.coned.com) starting
today:
A VOTE FOR THE COMPANY'S FUTURE
The Company has mailed proxy materials to its stockholders of record as of
October 28, 1997 announcing a special stockholders' meeting to be held on
December 12, 1997. The meeting has been called to consider the proposal to form
a holding company structure for the Company, in which Con Edison will become a
subsidiary of the holding company to be named Consolidated Edison, Inc. The
proxy materials also provide our stockholders with the opportunity to consider
and vote on a proposal to amend Con Edison's Certificate of Incorporation
regarding the authorized number of Trustees of Con Edison.
We strongly recommend that our stockholders vote for this exciting
initiative. The holding company is important for the future growth of the
Company. It will give the Company the financial and regulatory flexibility to
participate successfully in those segments of the energy business in which we
have been operating for many years but which are now becoming competitive and to
provide new competitive services to customers, while maintaining the strength of
our core regulated electric, gas and steam utility business. Holding company
structures have been adopted successfully in recent years by many other large
utilities in the United States.
Every vote is important. The holding company proposal requires the
affirmative vote of two-thirds of the Common and $5 Cumulative Preferred shares
outstanding. Failing to vote or voting to abstain will have the same effect as
voting against the holding company proposal. Therefore, if you are a stockholder
and haven't sent in your proxy card, please sign, date and send it in without
delay. If you own stock though a brokerage firm your broker cannot vote your
stock unless the broker receives your specific instructions. Therefore please
sign and return the proxy card that you received from your broker.
If you own stock, either directly or through a broker and haven't received
your proxy materials, if you've misplaced the proxy card, or if you have any
questions, please do not hesitate to call our special toll-free number at
1-800-566-9061 to reach a representative of Morrow & Company, which is assisting
us with administering the proxy vote.