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Florida Telephone seeks 8% preferred stock for Ocala acquisition
Florida Telephone Corporation offers 8 percent cumulative preferred stock with $105 redemption after July 1 1930. Dividends payable quarterly on Jan 1 Apr 1 Jul 1 and Oct 1. Transfer agents named Seaboard National Bank of New York and American Exchange Pacific National Bank. The issue finances acquisition of Ocala Telephone Company and extensions in 34 central and northern Florida communities. Net assets exceed $200 per preferred share.
MENTIONED IN THIS ARTICLE
Florida Telephone Corporation
Seaboard National Bank OF the City OF New York
American Exchange-Pacific National Bank
Ocala Telephone Company
Ocala
Florida
Georgia Line
Osceola County
Lake
Orange
Osceola
Citrus Belt
Fee
Southern Bell Telephone Company
Failyy Company
Ocala Telepho