OCR Text |
Show Nine Hundred Per Cent Dividend, New York Tho directors of tho State bank of this city on Friday declared de-clared n dividend of 900 per cent, payable pay-able In cash, nn the bank's capitalisation capitalisa-tion of fl00,000. Tho directors also declared the tisunl semi annual dividend divi-dend of 10 per cent. Tho large surplus sur-plus the bank amassed became tin-Weldy. tin-Weldy. bocniiso of Its small capitalization, capitali-zation, and In ordor to obrlnto this the directors decided to distribute tho surplus sur-plus In tho form of n dividend. |