Automotive News Briefs Date: 11 November 1928 Topics: Jordan |
Jordan Motor Car to Add Stock.
The New York Times
The Jordan Motor Car Company will increase the common stock from 200,000 no-par shares to 300,000 shares. Application has been made to the New York Stock Exchange for listing of the additional stock. The additional 100,000 shares will be offered to stockholders at a later date and funds received will be used for working capital. Stock not subscribed for will be underwritten.