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Anniversary Reminder

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  • Crosley@yahoogroups.com
    Reminder from: Crosley Yahoo! Group http://groups.yahoo.com/group/Crosley/cal 1952: Stockholders of Crosley Motors, Inc. to discuss recapitalization plan.
    Message 1 of 556 , Dec 2, 2010
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      Reminder from: Crosley Yahoo! Group
       
      Title: 1952: Stockholders of Crosley Motors, Inc. to discuss recapitalization plan.
       
      Date: Friday December 3, 2010
      Time: All Day
      Repeats: This event repeats every year.
      Location: Cincinnati, Ohio.
      Street: Crosley Car Owners Club (CCOC)
      City State Zip: 4526 29th Avenue, Kenosha WI 53140-3044
      Phone: (262) 652-3034
      Notes: The Cincinnati Stock Exchange announces that a special meeting of Crosley Motors stockholders has been set for December 12, 1952, at which a proposed financial revamping plan will be acted upon. The concept calls for increasing the value of Crosley common stock from $6 to $10 a share and the exchange of one share of new $10 par stock for each twenty shares of old stock, plus an issue of new common stock of which 28,462 shares would be outstanding after the exchange of new stock. A new class of 2,716 convertible preferred stock would be issued with a par value of $1,000 per share. Crosley Motors, Inc. secretary Frank W. Knowlton of Akron, Ohio outlines a proposal to refund a debt of about $3,054,510 to Powel Crosley, Jr., money he loaned Crosley Motors out of his personal estate to attempt to keep the Company afloat in its final years.
       
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    • Crosley@yahoogroups.com
      Reminder from: Crosley Yahoo! Group http://groups.yahoo.com/group/Crosley/cal 1948: Powel Crosley III dies at 36. Monday June 4, 2012 All Day (This event
      Message 556 of 556 , Jun 3, 2012
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        Reminder from: Crosley Yahoo! Group
         
        Title: 1948: Powel Crosley III dies at 36.
         
        Date: Monday June 4, 2012
        Time: All Day
        Repeats: This event repeats every year.
        Location: Miami, Florida.
        Street: CROSLEY CAR OWNERS CLUB - 4526 29th Avenue
        City State Zip: Kenosha, Wisconsin 53140-3044
        Notes: Powel Crosley III, the son of Powel Crosley Jr. and Gwendolyn Bakewell Crosley, dies of a sudden heart attack at his Miami home. He had been the general manager for the Crosley Marine Research Laboratory in suburban Coral Gables, Florida. He is survived by his widow and three sons, all of Miami.
         
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