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
|