Word: paidâ
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Dates: during 1925-1925
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...both its preferred and common stock, profit and loss surplus was brought up to $19,847,242. Last year, however, net before dividends was only $1,320,026, or only $6.60 on each preferred share. Thus, when the 7% dividends on both preferred and common issues were paid???$2,800,000 in all,?a deficit of $1,479,974 remained, which brought the concern's profit and loss surplus down...