| 1901-1911 | 
            
             20,000 shares Common. 
            5,000 shares Preferred.
             
   
             | 
          
          
            | 1911 | 
            (3/7/11) 50,000 shares Common
(Employee participation). 
            5,000 shares Preferred.
             
   | 
          
          
            | 1915 | 
            The Company offered to buy all
outstanding Preferred at $140.00 a share. All was turned in except 19
shares. 
   | 
          
          
            | 1916 | 
            Victor had 121 stockholders of
whom 9 were Directors or Officers, 37 were other employees, 75 were not
connected with the company. The 112 stockholders who were not Officers
or Directors held 21% of the company’s common stock. 
   | 
          
          
            | 1922 | 
            
             (600% Stock dividend). 
            350,000 shares Common. 
            19 shares Preferred. 
   
             | 
          
          
            | 1926 | 
            Eldridge R. Johnson gave
Speyer & Co. and J & W Seligman & Co. option to
buy his holdings and the holdings of anyone else who wished to
participate at $115.00. The option was exercised 1/6/27. 
   | 
          
          
            | 1927 | 
            
             On 1/17/27, the stockholders
approved a recapitalization which was increased to $49,730,000 as
follows: 
            
              69 shares Preferred par
$100.00. 
              207667 shares 7% Cum. Prior
Preference Preferred—$ 100.00. 
              121,139 shares 6% Cum.
Convertible Preferred—no par.  
              571,086 shares
Common—no par.  
             
            Under this plan each holder of
10 shares of Common received 6 shares of 7% 3.5 shares of 6% and 16.5
shares of Common. 
   
             | 
          
          
            | 1929 | 
            
             RCA acquired the Victor
Talking Machine Co. on 33/15/29 after the acceptance of the following
plan by Victor stockholders. 
            
              For each share of Victor
Common RCA offered: 
              
                1 share of RCA Common. 
                1 share of RCA Class B
Preferred. 
                $5.00 in cash 
   
               
             
             |