Dripduwn #$1$

Compmy issues. $2,600$ shores at is provulue

Apail $1$ Issued $500$ mure shures of commun stouk at $$108,000$

Aevil $12$ Dedwed cash dividends af $$1\mathrm{.}70$ per shuro

Apr $13$ Pild $$1\mathrm{.}70$ cash dividend

Apr $14$ Issue trensiry stuk of $2600$ shwes for $$2$ per

Dat is Delure ensh divided of $$2$ par atstanding

cush

$108,000$

common stak

$105,500$

Paid$-$In unitw $-$ vummmn stouk

$2,$ suo

Cush dividands

Dividends Pugable

Dividards Payoble

lash

Trensury Stock

cush

Cuash Dividends

Dividends Paynble