New Britain Herald Newspaper, December 28, 1927, Page 5

NEW BRITAIN DAILY HERALD, WEDNESDAY, DECEMBER 28, 1927. THE BOARD OF DIRECTORS of The FIDELITY INDUSTRIAL BANK Voted on December 27, 1927 to recommend to the present stockholders at a special meeting to be held on January 10, 1928 to increase the CAPITAL STOCK from $100,000 to $200, 000 SURPLUS from $ 25,000t0 $ 50,000 and allow the present undivided profit account stand as is at $10,000. A dividend of $1.50 per share was declared payable to stockholders on February 15, 1928. An extra dividend of $1 per share was declared payable to stockholders on Aprl 1, “THE FIDELITY INDUSTRIAL BANK Obtained charter from the state banking department on July 9, 1925. Complied with all state banking department requirements and commenced business on March 9, 1926. ’ All stockholders who invested their money in the Capital Stock from' July 9, 1925 to March 9, 1926, received interest at the rate of 69 per annum during the organization period. One share of The Fidelity Industrial Bank stock purchased July 9, 1925---Price $125. biteyber: peidl on Miatcly 0, 1906 - xem sttt ot s $4.37 Dividend No. | November 15, 1926 -.-iioiiiiiiiiiiiin, 1.50 Dividend No. 2 February 15, 1926 --oovooiviiiiinnnil, 1.50 Extra --- Dividend No. 3 Apnl 1, 1927 oo, 1.00 Dividend No. 4 May 15, 1927 «ccovovveveroinianninnnnans. 150 Dividend No. 5 August 15, 1927 iovvovvovovromiminnan.. 150 Dividend No. 6 November ‘15, 1927 .- oo, 1.50 Total cash retum in interest and dividends to stockholders to November 15, 1927 . .......... $12.87 Market bid price of Fidelity Industrial Bank Stock December 28, 1927, $25.00 higher than onginal selling price. This is guaranteed if stockholder desires to sell ++-vvvvvvoiiiiiiiiin, $150.00 Market price Of Right (When issued) .......................................................................... $ 25_00 (This price will vary from day to day depending upon supply and demand) e T e e s s 12.87 Value»of stOCl( p]us dividends ................................................ e e $ l 87.87 Original cost of share ..... D e E T DO s T e e N $ I 25.00 Profit since Ju]y 9’ ]925 (50@0) ......................................... WATCH THIS FINANCIAL INSTITUTION GROW If You Are Interested to Buy or Sell Fidelity Industrial Bank Stock Communicate With EDWIN D. HYDE Dealer in Bank Stocks Telephone 4800 136 West Main Street New Britain, Conn.