User:Robertg9/Klareco Textile
Appearance
![]() | This is not a Wikipedia article: It is an individual user's work-in-progress page, and may be incomplete and/or unreliable. For guidance on developing this draft, see Wikipedia:So you made a userspace draft. Find sources: Google (books · news · scholar · free images · WP refs) · FENS · JSTOR · TWL |
Klareco Textile was a fabrics firm located at 295 Madison Avenue (Manhattan). Its initial capitalization was one hundred shares of common stock. Incorporated on December 31, 1931,[1] its capitalization was increased from one hundred to one thousand five hundred shares, approximately three weeks later. Five hundred of these shares were preferred stock, selling for $100 apiece. One thousand shares were no par.[2] Klareco Textile was a part of the Silk Centre which opened in Manhattan (New York) in 1924.[3]
References
[edit]- ^ New Incorporations, New York Times, January 1, 1932, pg. 55.
- ^ Corporate Changes, New York Times, January 22, 1932, pg. 36.
- ^ A $1,000,000 Sale, New York Times, April 23, 1924, pg. 36.