[Hamilton Manufacturing Company meeting minutes, 1941-1947]
h!ZnAS, ll accumulated Cividends on the First Pre- ferred stock of the corporation have been paid to Cste, and cuarterly dividends have been paid on the First Preferred and Class A Preferential Participating stocks of the corporation to December 31, 1943, and WHEREAS, a quarterly dividend of 1-/4% on the First Preferred $100 par value stock and a quarterly divi- dend of 25$ per share on the Class A Preferential Participating $10 par value stock would renuire approximately $16,717.50, leaving a balance of undistributed earnings for the year 1944, and also a balance in the earned surplus account, now therefore BE IT RESOLVEDthat this corporation pay a divi- dend of 1-3/4%, payable in cash, on the outstanding $100 per value First Preferred stock of the cor- poration, this cash dividend being paid on March 31, 1944, from earnings of the year 1944, to all holders of record at the close of business on March 24, 1944, said dividend covering the period from January 1, 1944 to March 31, 1914. RSOLVED FURTHER, that the corporvtion pay a divi- dend of 251 er share, payable in cash on the out- standing Class A Preferential Participating stock of the corporation, said cash dividend being paid on March 31, 1944, from earnings of the year 1944, to all holders of record at the close of business on March 24, 1944, said dividend covering the period from January 1, 1944 to March 71, 1944. RESOLVED FURTFER, that the treasurer be and he hereby is authorized and directed to pay or cause to be paid said 1-3/4o on the First Preferred stock and said 25 per share on the Class A Preferential Participating stock of the corporation on March 31, 1944, to the holders of record as of March 24, 19Q4." Adopted. There being no furtner business to come before this meeting of the Board of Directors, the same was on motion duly adjourned sine die.
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