Transfer Agent: National City Bank, New York.
Registrar: The Farmers’ Loan & Trust Co., New York. :
Stock Provisions: First Pfd. stock has preference as to assets
and dividends and in voluntary liquidation is entitled to
$102.50 per share and $100 per share, if involuntary, plus
accumulated unpaid dividends.
Second Pfd. stock is entitled to dividends at rate of $6 a
share per annum, cumulative. from Feb. 1, 1930, and in
liquidation or upon redemption to $100 per share and ac-
cumulated unpaid dividends, subject to the prior rights of
the First Pfd. stock.
Dividends: On First Pfd. stock initial dividend of $1.25 a share
was paid May 1, 1929, covering period from date of issue to
date of payment. Regular quarterly dividends of $1.50 per
share were paid Aug. 1, 1929, and are being maintained. No
dividends have been declared or paid on Second Pfd. stock
to May 1, 1930.
Kent Garage Investing Company
(Common Stock)
Incorporated: October, 1928, in Delaware to acquire the assets
and business of a company of the same name organized in
New York in 1926. Company owns and/or operates a chain
of automatic garages. The company has garages in opera-
tion, under construction or to be started in the near future,
through the following partly or wholly owned subsidiaries.
Kent Automatic Parking Garage, Inc.
Kent Newark Garage, Inc.
Kent Columbus Circle Garage, Inc.
Kent Tth Avenue Garage, Inc.
Kent 42nd Street Garage.
The company owns all of the stock of Kent Engineers,
Inc., which handles the architectural, engineering, and con-
struction work for the Kent Garage Companies, Kent Engi~-
neers Inc, also manufacturers and installs Kent Electric
Parking Equipment for their own and other garages.
The company also owns a number of valuable patents,
and pending patent applications, in the United States and
foreign countries on Kent Automatic Garages and Kent
Electric Parking.
Funded Debt: None.
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