Name/Title
Certificate, StockEntry/Object ID
2021.28.10.3Scope and Content
This is a stock certificate for Yuba Consolidated Industries, Inc. It is for 15 shares and was issued 04/09/1958 to John L. Hayes. It is numbered CB 6334
from SEC News Digest 06/10/1965:
SUPPLEMENTAL REPORT FILED ON YUBA CONSOLIDATED REORGANIZATION. The SEC announced today the filing of
a Supplemental Advisory Report (CR-234) on the Joint Plan of Reorganization submitted by the trustee and
unsecured creditors for Yuba Consolidated Industries, Inc., in the reorganization proceeding under Chapter X
of the Bankruptcy Act pending in the Federal court at San Francisco. Pursuant to certain SEC suggestions
made in its Advisory Report filed on May 3, 1965, the plan has been amended to provide that the common stock
of the reorganized campany will have no par value and that, commencing January I, 1971, the reorganized company at its option may redeem the preferred stock at $10.50 per share plus accumulated dividends. The plan
continues to provide that the 5% dividend on the preferred stock is to be cumulative only if earned; however, the Commission again urges three years after consummation of the plan such dividends should be made
cumulative whether earned or not and that the 2% participating dividend should then be discontinued.Collection
Yuba Manufacturing Collection
