EX-3
from SC 13D
1 page
Exhibit (3) Power of Attorney Know All Men by These Presents, That Alan B. Slifka and Company, Limited, Whose Signature Appears Below, Constitutes and Appoints James H. Schropp as Attorney-In-Fact and Agent for the Undersigned Solely for the Purpose of Executing Reports Required Under Sections 13 and 16 of the Securities and Exchange Act of 1934, and Filing the Same, With Exhibits Thereto, and Other Documents in Connection Therewith, With the Securities and Exchange Commission, Thereby Ratifying and Confirming All That Said Attorney-In-Fact May Do or Cause to Be Done by Virtue Hereof. Alan B. Slifka and Company, Limited By: /S/ James Pasquarelli Name: James Pasquarelli Its: Treasurer Page 15 of 16 Pages
12/34/56
EX-3
from SC 13D
1 page
January 30, 1996 Communications Cable, Inc. 1378 Charleston Drive P.O. Box 1757 Sanford, Nc 27331 Attention: James R. Fore Gentlemen: Pentair Hereby Gives the Company Notice That It Intends to Exercise in Full the Stock Option Granted to It by CCI Under the Stock Option Agreement Dated January 22, 1996. Pentair Proposes That the Closing of the Purchase of the 300,000 Shares Take Place at the Offices of Cci's Counsel in Raleigh, N.C. on Friday, February 2, 1996 at 10:00 A.M. or at Any Other Mutually Convenient Time. We Calculate the Purchase Price of the Option Shares to Be $4,050,000. Pentair Intends to Pay the Purchase Price by Wire Transfer and Would Request CCI to Advise US by Wednesday, January 31, 1996 of the Appropriate Wire Transfer Instructions. Sincerely, Pentair, Inc. G.C. Kitch Executive Vice President General Industrial Group Mmo CC: L. Bruce McDaniel, Esq. Gerald R. Roach, Esq. Louis L. Ainsworth, Esq. William B. Gwyn, Jr., Esq
12/34/56