GE Increases Capital Stock By 11.7 Million
General Electric announces a capital stock increase of 11,674,500 dollars through the issue of 116,745 shares at par 100 dollars each. The move raises total capital from 48,325,500 to 60,000,000 dollars.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Dec 06, 1905
Page
12
General Electric announces a capital stock increase of 11,674,500 dollars through the issue of 116,745 shares at par 100 dollars each. The move raises total capital from 48,325,500 to 60,000,000 dollars.
Reports detail the burial of Susan Geary in Roxbury with secret arrangements and no priest present. Separate hunger cases include Edward S. Edmund found near death in a Cambridge stable, 16 year old John McDonald sheltered by the State Board, and Timothy Sexton found in a vacant Brighton house, all hospitalized with exposure and starvation.
Frank Gallagher of 39 Bickford Street Roxbury slipped into a giant flywheel at John F Fleming Electrical Works Washing ton Street Brookline. He suffered fractured leg bones and internal injuries but was saved by coworkers who shut off power. At Massachusetts General Hospital doctors hope for recovery though leg loss is possible.
In view of upcoming rail rate legislation and the abolition of rebates, the Pennsylvania railroad decides to discontinue all forms of free transportation effective December 31. The move aligns with actions to curb concessions and ensure uniform charges across routes.
A noon crash on the Elevated line near North station involved a southbound four car train and a four car spare on the Causeway Street siding. No injuries reported as officials probe how the spare train started. power was cut and service rerouted while tracks were cleared.
Federal Judge Wadill refused a rehearing in Smith and McCoy vs Louise. He held that when vessels are supplied in the home port, the bill for these supplies constitutes a lien on the vessel to be enforced under state law.
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