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Preferred Stock Cumulative and participating, $50 par, 6%, authorized 2,500 shares and issued 1,500 shares which were sold at $60 per share on January 1,

Preferred Stock Cumulative and participating, $50 par, 6%, authorized 2,500 shares and issued 1,500 shares which were sold at $60 per share on January 1, Year 2.

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