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Adams Moving and Storage, a family-owned corporation, declared a property dividend of 1,700 shares of GE common stock that Adams had purchased in February for
Adams Moving and Storage, a family-owned corporation, declared a property dividend of 1,700 shares of GE common stock that Adams had purchased in February for $74,800 as an investment. GEs shares had a market value of $42 per share on the declaration date. Record adjustment of stock to fair value
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