hdesousa Posted March 6, 2015 Report Share Posted March 6, 2015 When Akro was incorporated on October 1, 1914, total authorized capital stock of $6000 was divided into 60 shares of $100 each. Only 40 shares were issued, on Oct 31 1914 to: John M. Rowley - 9 shares George T. Rankin Jr. - 10 shares G.C. Marsh - 10 shares H.C. Hill -10 shares E.E. McGalliard -1 share Here are those 5 certificates: All were all cancelled (red script) July 30, 1917 and reissued to the same stock holders, except for certificate #4, which belonged to Horace Hill. Since Mr. Hill died March 31, 1916, his certificate had been reissued to Gilbert Marsh on July 6, 1916 (certificate #6) Certificate #6 was cancelled October 24, 1916 and reissued to George A. Pflueger as Certificate #7 Certificates #8 to #100 were never issued. Link to comment Share on other sites More sharing options...
wvrons Posted March 6, 2015 Report Share Posted March 6, 2015 Very nice !!!! Those would look nice with these. Link to comment Share on other sites More sharing options...
wvrons Posted March 6, 2015 Report Share Posted March 6, 2015 Link to comment Share on other sites More sharing options...
hdesousa Posted March 6, 2015 Author Report Share Posted March 6, 2015 Yes indeed! Link to comment Share on other sites More sharing options...
ann Posted March 6, 2015 Report Share Posted March 6, 2015 So Hill was able to keep his stock even after his "little indiscretion" was made public? Interesting . . . Link to comment Share on other sites More sharing options...
hdesousa Posted March 6, 2015 Author Report Share Posted March 6, 2015 So Hill was able to keep his stock even after his "little indiscretion" was made public? Interesting . . . According to AMMM, Hill, Gilbert and Marsh went into business in 1910 as the Akro Agate Company. It must have been public knowledge that Hill's partners knew, right from the beginning, of his "indiscretions" as you put it. Would not have made them look any better had they reclaimed his Akro stock. The company kept minutes of their meetings. In the last page of the book of stock certificates, is a notation signed by Pflueger that a sample certificate was removed and added to the minute book. Wouldn't those minutes be priceless! Link to comment Share on other sites More sharing options...
ann Posted March 6, 2015 Report Share Posted March 6, 2015 Would not have made them look any better had they reclaimed his Akro stock. You're right! Must have been bad enough as it was. I would LOVE to see those minutes! Do you suppose they still exist somewhere? Link to comment Share on other sites More sharing options...
hdesousa Posted March 7, 2015 Author Report Share Posted March 7, 2015 You're right! Must have been bad enough as it was. I would LOVE to see those minutes! Do you suppose they still exist somewhere? Corporate offices remained in Akron until Akro closed in 1951.http://www.americantoymarbles.com/glossary.htm Don't know where the paperwork went, but I bet someone still alive would know. The stock certificates I have are from Joe Borque, who had befriended Clinton Israel, an ex Akro employee and founder of Master Glass Co.. New stock certificates had been issued in 1917. They're probably with the minutes. Link to comment Share on other sites More sharing options...
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