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The directors of United States Radium Corporation are desirous of declaring a dividend on all outstanding shares of the new $7 Cumulative First Preferred Stock which have been issued in exchange for the old preferred stock. The amended Certificate of Incorporation of the Corporation provides that all shares of this class of stock issued on or prior to July 1, 1929, shall carry cumulative dividends from January 1, 1929, but as a part of the general plan for the readjustment of the capital structure of the Corporation, it is proposed to make the first semi-annual dividend payable to all preferred stockholders who shall have exchanged their old shares for the new first preferred certificates on or prior to August 15, 1929. The following resolution is suggested: RESOLVED, that a dividend of $3.50 per share on the outstanding $7 Cumulative First Preferred Stock of this Corporation be and the same hereby is declared, said dividend to be payable to the stockholders of the Cor- poration who shall have exchanged their shares of presently outstanding preferred stock for shares of $7 Cumulative First Preferred Stock on or prior to August 15, 1929, in accordance with the plan for the readjustment of the capital structure of the Corporation duly adopted by the stockholders at a meeting held June 4, 1929, and adjourned to June 10, 1929. And the Treas- urer of the Corporation is hereby authorized to make payment of such dividend at any time after July 1, 1929, and on or prior to August 15, 1929, as such stock shall be exchanged in accordance with the plan.

Page data

Page
2
Source index
0
Type
document
Media ID
fafc993cf377f7a5
Size
unknown

Document data

ID
75730845
Core
doc
Type
document
DTO data 
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    "collections": [
        "Safety Light Collection",
        "Records Related to Radium Dial Painters"
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Context sent to Scholar

Document identity 
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Document source metadata 
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    "contentType": "document",
    "title": "Other, no date",
    "citationUrl": "https://catalog.archives.gov/id/75730845",
    "collections": [
        "Safety Light Collection",
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Document source extras 
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Page context 
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    "seq": 2,
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    "type": "document",
    "url": "https://s3.amazonaws.com/NARAprodstorage/lz/electronic-records/SLC/Radium/SLC_0003731.pdf",
    "mediaId": "fafc993cf377f7a5",
    "ocrText": "The directors of United States Radium Corporation\nare desirous of declaring a dividend on all outstanding shares\nof the new $7 Cumulative First Preferred Stock which have been\nissued in exchange for the old preferred stock. The amended\nCertificate of Incorporation of the Corporation provides that\nall shares of this class of stock issued on or prior to July 1,\n1929, shall carry cumulative dividends from January 1, 1929, but\nas a part of the general plan for the readjustment of the\ncapital structure of the Corporation, it is proposed to make\nthe first semi-annual dividend payable to all preferred\nstockholders who shall have exchanged their old shares for\nthe new first preferred certificates on or prior to August 15,\n1929. The following resolution is suggested:\nRESOLVED, that a dividend of $3.50 per\nshare on the outstanding $7 Cumulative First\nPreferred Stock of this Corporation be and\nthe same hereby is declared, said dividend\nto be payable to the stockholders of the Cor-\nporation who shall have exchanged their shares\nof presently outstanding preferred stock for\nshares of $7 Cumulative First Preferred Stock\non or prior to August 15, 1929, in accordance\nwith the plan for the readjustment of the capital\nstructure of the Corporation duly adopted by\nthe stockholders at a meeting held June 4, 1929,\nand adjourned to June 10, 1929. And the Treas-\nurer of the Corporation is hereby authorized to\nmake payment of such dividend at any time after\nJuly 1, 1929, and on or prior to August 15, 1929,\nas such stock shall be exchanged in accordance\nwith the plan."
}