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MEMORANDUM RES-ORGANIZATION PLAN U.S. Radium Corp. October 13, 1936. At this time, the plan shapes up about as follows: 1. Pay $50.00 por share on each of the 4000 shares Preferred now outstanding. 2. Issue 1/2 share New $5.00 dividend non-cumulative Preferred for each share present Preferred. 3. In lieu of accumulated dividends on present Preferred, issue 1/2 share Common for each ahare Proferred. 4. Reduce present outstanding Common - by giving 1/5 share New Common for each of the now outstending shares. 5. Stock picture then would be as follows: a. 2000 shares $5.00 dividend non-cumulative Preforred - callable or liquidation provision at $100.00 por share. b. 5000 shares Common - at nominal or no par value. 6. There are three suggestions regarding divident participation: a. After a $5.00 dividend on Preferred, all other earnings to go to Common. b. After a $6.00 dividend on Preferred, all other earnings to Common. Ca After a $5.00 dividend on Preferred, the Common and Preferred to share and share alike. 7. A reduction in personnel more in line with the prospective volune and profits. 8. Estimated earnings and savings for dividend purposest- a. Personnel Savinga $8000.00 b. Rent from plant, etc. 2000.00 e. Dividends from Teksler 6000.00* d. Radium Operations, OVer savings, under &. 5000.00** $21000.00 * Weksler profits to Radium, based on maintaining or increasing present volume of sales, at present margins of gross profit. *** Radium profits based on present volume and under present highly com-

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    "ocrText": "MEMORANDUM RES-ORGANIZATION PLAN\nU.S. Radium Corp.\nOctober 13, 1936.\nAt this time, the plan shapes up about as follows:\n1. Pay $50.00 por share on each of the 4000 shares\nPreferred now outstanding.\n2.\nIssue 1/2 share New $5.00 dividend non-cumulative\nPreferred for each share present Preferred.\n3.\nIn lieu of accumulated dividends on present Preferred,\nissue 1/2 share Common for each ahare Proferred.\n4. Reduce present outstanding Common - by giving 1/5 share\nNew Common for each of the now outstending shares.\n5. Stock picture then would be as follows:\na. 2000 shares $5.00 dividend non-cumulative Preforred -\ncallable or liquidation provision at $100.00 por share.\nb. 5000 shares Common - at nominal or no par value.\n6. There are three suggestions regarding divident participation:\na. After a $5.00 dividend on Preferred, all other earnings\nto go to Common.\nb. After a $6.00 dividend on Preferred, all other earnings\nto Common.\nCa After a $5.00 dividend on Preferred, the Common and\nPreferred to share and share alike.\n7.\nA reduction in personnel more in line with the prospective\nvolune and profits.\n8.\nEstimated earnings and savings for dividend purposest-\na. Personnel Savinga\n$8000.00\nb. Rent from plant, etc.\n2000.00\ne. Dividends from Teksler\n6000.00*\nd. Radium Operations, OVer savings,\nunder &.\n5000.00**\n$21000.00\n*\nWeksler profits to Radium, based on maintaining or increasing present\nvolume of sales, at present margins of gross profit.\n*** Radium profits based on present volume and under present highly com-"
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