CAPITALIZATION & OTHER FINANCIAL NOTES: 1890–1927

Wurlitzer continued to expand over the years, through its own internal growth and the purchase/investment into other allied businesses. As this occurred, they increased their authorized capitalization and sold more stock. At the time of its original organization in 1890, Wurlitzer started with just $200,000 for this purpose (issued as common stock). Then in July of 1905, capital was increased to $500,000, which consisted of 2,500 shares of $100 common and 2,500 shares of $100 preferred...