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Newspaper
Shafter Press
Location
Shafter, California, United States of America
Date
Feb 22, 1949
Page
7
The fragment presents a series of monetary figures including 11 000 20 000 230 000 583 60 3 523 24 272 90 39 632 68 135 282 75. It reads like a financial snippet or balance sheet draft with no clear context or accompanying entities.
A special meeting of Bank of America shareholders is called for 2 p.m. March 7 at 300 Montgomery Street San Francisco. The agenda is to vote on increasing capital stock by a common stock dividend one new share for every five owned. Notices have been sent to shareholders of record and proxies are urged.
Shareholders need not attend in person as the board proposes a capital increase for the bank from 106,646,375 to 127,975,650 by transferring 21,329,275 from undivided profits. Total funds at year end 1948 reach 284,184,798 with Merced County housing about 60,000 people and 35 physicians.
Early February reports from the State Livestock and Range Reporting Service note grazing conditions on California ranges as very bad. Mount McKinley in Alaska stands 20 300 feet above sea level as North America’s highest mountain.
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