Tuesday, March 3, 2015

1954


11/30/1954: Trust Securities valued at $870,769
"A Certificates not publicly offered in recent years".  (11/30/54: 409 Unit Shares)
NAV per participation, 11/30/54 : $ 

Distribution, B (1954): $ 1.82409


Lexington Corporate Leaders Trust Fund was created 11/18/35 as Corporate Leaders Trust Fund Certificates, Series A scheduled to terminate 11/30/1975. Series B launched in 1944 with different fee structure.


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)5%

Trustee must purchase stock in units of 29.

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

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