should still have some collectible value.

The stock is divided into 500 shares, 50 shares, 10 shares, 1 share four stocks coupons back a total of 12 coupons is king stock dividend and transfer of records, stock dividends provisions. Wang Yanping taken 10 shares of stock subject coupons Wang Yanping
Newspaper reporter Wang Yanping
 
"I never thought, when liberated,http://www.badel.org, my family or a billionaire too!" Yesterday, Mr. Wu is offering investors Hangzhou old father in 1954 to buy a picture of the stock, and reporters joked. However, after several years of change, Mr. Wu heard these stocks is unlikely to be honored,http://www.tsuyamaoa.com, he wondered how many of these stocks have collectible value.
 
Over 2000 stock market capitalization of over 120 million yuan
 
Mr. Wu's parents just died soon after. According to Mr. Wu, his father had been a famous doctor. Some time ago, he was in the order parents relics discovered from the bottom of these stocks. Reporters counted, of which 4 500 shares of stock, 50 shares of stock 4, 10 shares of stock 3, and 1 share of stock a total 12, 2231 shares, kept a very tidy and intact. Different numbers of shares of different colors, according to the size of the shares into yellow, green, red and blue.
 
Just above the face value of the printed "public-private enterprises in Zhejiang Company's shares," the words. Address for the Hangzhou Zhongshan Road No. 477, "which run" includes native processing and distribution,Louboutin Sandales, the establishment of mining business, investment, accept the purchasing consignment and other matters entrusted. The total company capital of over 14 billion yuan, the total number of shares of 250,750 shares, per share amounts 56,000 yuan. History column Green, chairman,http://mt.fresheye.com/ft_form.cgi,Louboutin Botte, vice chairman Weng Yi An Jindong chapter. Registration date stock of January 1,http://www.sa.sakura.ne.jp/~dh/bbs3/lightbbs.cgi, 1954.
 
Shareholders registered in the name of the stock on the Prime contact record, shareholders account for the number 2305. Look at the opposite side of the stock, in the transfer table column reads: July 8, 1954 transfer. According to 56,000 yuan per share, the stock market capitalization of more than 120 million yuan it!
 
Access to historical data, 10,000 yuan old currency in 1954 when only about S $ 1 later. Nevertheless, it converted into the new currency, the market capitalization of these stocks still reached 12,493.6 yuan, Wu family seems quite good family property.
 
Dividend for 12 consecutive years to recover most of the investment
 
"It was pretty stock standard." Mr. Wu said, pointing to the back of the interest payment record. Carefully review the interest payment record, the company from 1953 to 1956, the Department of interest payments per year, the first half of Year 1956, third quarter,http://www.extremejaps.com, fourth quarter interest three times, beginning in 1957, is a quarterly interest payment, and the last interest payment in 1966 in the third quarter. At the beginning, the annual interest rate of 6%. And since 1956, "according to the central provisions of the fixed rate of 5% per annum calculated." If you do not calculate compound interest, until 1966, it had more than 120 million yuan of investment has recovered most of the principal.
 
Most reporters are interested in the way the company dividends: In addition to corporate earnings to pay income tax every year, to make up for losses and depreciation, the first mention of 20% as a reserve, and then dividends. Among them, the shareholders through dividends and directors and supervisors and assistant manager of remuneration to 60%, employee welfare funds and incentives 15%, improving safety and health equipment fund 15%. The remaining 10% of the intended use by the Board and submitted to the shareholders through processing. If an annual loss, and other surplus to cover losses paid after more than a replacement situation.
 
"It seems that when the company attaches great importance to the return to shareholders, the safety of workers, health is also more emphasis." Now some of the listed companies in contrast, Wu laments.
 
The company is now history has a certain value to the collection of old stock
 
After a reporter making inquiries, that "enterprises in Zhejiang Co., Ltd." Hangzhou-based predecessor native Group. It is understood,Louboutin Soirée, Zhejiang Co., Ltd., founded in 1954, has been following the evolution of collective enterprises, national enterprises identity. 2001 corporate restructuring for the limited liability company, in 2008 and completed the group's formation.
 
"The last century, when the late fifties, after the socialist transformation, the original public-private partnership into a collective enterprise, then later became a national enterprise (SOE). Companies originally dividend every year, then the Cultural Revolution began, dividends will stop. "The staff of the company surnamed Wang told reporters," There are few people also took time before the stock,https://fis.encs.concordia.ca/helpdesk-cgi/quota.cgi, consult us these shares have no value. "
 
Hangzhou, a stock collection of fan told reporters that China's stock, the first time there in the Qing Dynasty, and the number of shares issued by the Republic of China a lot of time, at least there are thousands. As after the founding of the shares issued relatively few touches.
 
The collection of fans that similar stock collections with stamps,Louboutin Talon Compensé, rare. "If the Soviet revolution period of the Qing Dynasty or shares issued, it worthless. Republican time shares, because the quantity, generally as long as a few hundred dollars can buy." In addition,Louboutin Plates-forme, the company's outstanding shares of visibility, the stock is Complete There is no dividend or transfer based on records,http://books.boatdesign.net/bookstore/books.cgi, are a measure of the stock value of the collection. From the Wu family's stock situation, although the company's reputation is not high,http://www.comtown.jp, and it has not issued market, but the type more, a complete record of dividend and transfer, etc., should still have some collectible value.