Tuesday, March 3, 2015

1953


11/30/1953: Trust Securities valued at $711,140
"Not publicly offered in recent years" (since 1944?)
NAV per participation, 11/30/53 : $  (432 Units)

NAV per participation, B (11/30/53) : $ 16.971 (5,886 Units) Distribution, B (1953): $ 0.88896


Lexington Corporate Leaders Trust Fund was created 11/18/35 as Corporate Leaders Trust Fund Certificates, Series B.  Series A scheduled to terminate 11/30/1975.


Maintenance fee of  .08333% per month of market value of Trust Fund.


$0.30 distribution fee; no J&D distributions under $1.00; fee waived for all reinvested distributions.

Termination fee $10.; convertibility fee $10.
Issuance fee $75 (any number of certificates) deductible from initial payment(s)

Annual fee $3.60; Accounts over $1,000 on 12/1 of any year not charged annual fee.

Service fee (front load) on par value of participation (certificates issued)

Trustee must purchase stock in units of 30.

U.S. Steel
DuPont
General Electric
Allied Chemical
International Harvester
Union Carbide & Carbon
American Tobacco, B
Westinghouse Electric
Sears, Roebuck
American Radiator
American Can
Borden
Woolworth
Eastman Kodak
Proctor &Gamble
National Biscuit
Otis Elevator

American Telegraph and Telephone

Consolidated Edison (NY)
North American Co.
United Gas Improvement
Columbia Gas & Electric
Pacific Gas & Electric Co.

Standard Oil (NJ)

Socony-Vacum Corp.
Standard Oil (CA)

Pennsylvania R.R.

New York Central
Atchison
Union Pacific

No comments:

Post a Comment