[CBQ] Who owned Q stock?

[Randal O'Toole <rot@ti.org>]

Hi,

Everyone knows that after 1901 the GN and NP each owned about half of 
the CB&Q. However, they didn't own 50 percent each; they owned 48.4 
percent each.

I've always wondered who owned the other 3.2 percent and why they 
refused to sell at the generous terms offered ($200 a share for stock 
that had been selling for $140 a share). Recently, I acquired a list 
of assets owned by James J. Hill at his death in 1916. It included 
5,177 shares of CB&Q stock.

How many shares were outstanding at the time? What percentage of the 
total is 5,177? Why did Hill keep 5,177 shares in his own portfolio 
instead of selling them to the GN and NP?

I hope someone on this list can satisfy my curiosity about these questions.

Best,

Randal
-- 
Post Office Box 76
Camp Sherman, Oregon 97730
541-595-1460
541-588-0518 cell
http://ti.org/antiplanner


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