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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Dec 22, 1955
Page
3
New York reports the Ford stock registration reveals large figures as a sign of the company wealth. The piece notes the imagination of Americans being struck by Ford's wealth built from small capital and the Ford Foundation's rapid rise.
Brunel Carus, an automotive worker in St. Catharines Ontario, on strike for three months, welcomed triplets born today. His wife delivered three babies, making the family five children, a Christmas surprise he called the best present.
The Ford family will gain a larger equity and future dividends while enabling stock sales for inheritance tax reasons. The Ford Foundation will receive 640 to 750 million dollars to invest mainly in government securities first, then other investments. Investors show willingness to buy amid a tightening money market. A new tax source for individuals buying Ford stock and the rising Ford family income is anticipated. The public sale aims at widespread ownership to share product interest and prevent a single group from controlling the company. The listing price tops at 73 dollars with a low likely around 60.
A garbled OCR fragment lists numerous individuals with ages and addresses across several states. Names include Wilbur Green, Mar Wallace Davidson, Joseph Parker, Carolyn Heidenreich, Edward Mcfivaln Jr, Ruth Austin, Betty Blanch, Thomas, Edward Bilis, Vioteh Mae Clark, Donald Wood Gabaay, Gwenett Shahan, Jeanne Garretson, Rudolph Jarrell, Gene Hern, Dorothy Pauley, Kenneth Boggess, Janet Pratt, Charles Davis, Ertrude Sergent, Donald Meadows, Dorothea Withrow, Charles Christian, Akers, and Donny Akers. The fragment intermixes city and street references such as South Lawrence, Valparaiso Indiana, Charleston, Nitro, Leewood, Dunbar, Cameron, and others, with varied ages mostly in the teens and twenties. The context appears to be a partially readable roster or directory-like listing, not a coherent event.
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