Reprinted by Blavatsky Study Center
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"The nebulae exist; yet the nebular theory is wrong. A nebula exists in a state of entire elemental dissociation. It is gaseous and - something else besides, which can hardly be connected with gases, as known to physical science; and it is self -luminous. But that is all... we may, we maintain, define our position with regard to modern nebular theory and its evident incorrectness, by simply pointing out facts diametrically opposed to it in its present form." (Secret Doctrine I, pp. 588, 591) 
"Therefore, do they (the Adepts) say that the great men of science of the West knowing nothing or next to nothing either about cometary matter, cetrifugal and centripetal forces, the nature of the nebulae, or the physical constitution of the Sun, stars, or even the moon, are imprudent to speak so confidently as they do about the 'central mass of the sun' whirling out into space planets, comets, and what not. Our humble opinion being wanted we maintain: that it evolutes out but the life principle, the soul of these bodies, giving and receiving it back in our little solar system, as the 'Universal Life-giver,' the ONE LIFE gives and receives it in the Infinite and Eternity..." (Blavatsky Collected Writings V, p. 154) 
"Q. Is it to be supposed that the Milky Way is composed of matter in a state of differentiation other than that with which we are acquainted?
"A. I thoroughly believe so. It is the store-house of the materials from which the stars, planets and other celestial bodies are produced. Matter in this state does not exist on earth;  but that which is already differentiated and found on earth is also found on other planets and vice-versa. But, as I understand, before reaching the planets from its condition in the Milky Way, matter has first to pass through many stages of differentiation. The matter, for instance, within the Solar System is in an entirely different state from that which is outside or beyond the system.
"Q. Is there a difference between the Nebulae and the Milky Way?
"A. The same, I should say, that there is between a highway road and the stones and mud upon that road. There must be, of course, a difference between the matter of the Milky Way and that of the various Nebulae, and these again must differ among themselves. But in all your scientific calculations and measurements it is necessary to consider that the light by which the objects are seen is a reflected light, and the optical illusion caused by the atmosphere of the earth renders it impossible that calculations of distances, etc., should be absolutely correct, in addition to the fact that it entirely alters observations of the matter of which the celestial bodies are composed, as it is liable to impose upon us a constitution similar to that of the earth. This is, at any rate, what the MASTERS teach us." (Transactions of the Blavatsky Lodge, pp. 113-14)
"Eventually there comes a point at which He sends through it a kind of electrical shock, which precipitates it into a lower condition of matter, so that instead of being a mere aggregation of atoms it becomes definitely a combination of them, usually a mass of glowing hydrogen.
"Here we have the nebular stage, through which various systems in our universe are at this moment passing ... As our nebula revolved around its axis it gradually cooled, contracted and flattened down, so that eventually it became rather a huge revolving disc than a sphere. Presently fissures appeared in this disc and it broke into rings, presenting somewhat the appearance of the planet Saturn and its surroundings, but on a gigantic scale. At a chosen point in each of these rings a subsidary vortex was set up, and gradually much of the matter of the ring was gathered into this. The concussion of the fragments generated an amount of heat which reduced them to a gas condition and thus formed a huge glowing ball, which gradually, as it cooled, condensed into a planet." (C. W. Leadbeater, The Inner Life II, pp. 269-270)
"Let us consider first the great nebula in Orion ... It is a chaotic mass of matter, in an intensely heated condition, millions and millions of miles in diameter ... The probable change, its next step, we can construct in imagination as we look at the nebula in Canes Venatici. The nebula now has taken on a spiral motion. It revolves, and its matter tends to aggregate round a nucleus. In course of time, the spherical mass will flatten; as it contracts, ring after ring of matter will break off from the cooling nucleus. As millions of years pass, these rings of matter too will break; each will aggregate round some nucleus, and instead of a ring we shall have a planet, retaining the original motion of the nebula, and revolving now round a central sun. Or it may be that, without breaking into rings, the nebula will throw off, as it whirls, outlying parts of itself, which then condense and become the planets; but in either process, the original chaotic nebula will have become an orderly solar system, with a central sun and planets circling round it like the solar system in which we live." (C. Jinarajadasa, First Principles of Theosophy, pp. 5-6)