August 21, 1933 - 21 passenger specials - each with 16 cars - operated over the CASO
3.2 beer legal April 7, 1933 https://en.wikipedia.org/wiki/Cullen%E2%80%93Harrison_Act
Ah-ha! Well thats solves that question! Thanks once again to the amazing Wanswheel
Miningman Roosevelt glided through St Thomas early yesterday morning on the CASO.
Wonder if the family held onto the 35 shares...they went up substantially at the end and declared a monster divided in 1976...cannot seem to find that exact amount but it was substantial
Excerpt from NY Times, March 31, 1976
Stock prices fell again yesterday as trading continued at its slowest pace since this year’s opening session.
The Dow Jones Industrial average, down by 9½ points in early afternoon trading, finished at 992.13 with a loss of 5.27 points.
The market’s feature was Canada Southern Railway, a seldom traded stock, which rose 40 points to close at 81, thanks to the declaration on Monday of an extraordinary dividend of $60 a share. The dividend is payable April 23 to stockholders of record on April 9.
This marked one of the largest single day’s gain for a common stock—one virtually as little known on Wall Street as it is to the investing public—and also constituted one of the biggest one-day advances in modern market history.
Canada Southern is a solvent leased line of the bankrupt Penn Central, which owns nearly 72 percent of its outstanding shares. Canada Southern, whose stock last traded on February 26, has less than 500 shareowners. Yesterday’s volume came to 2,233 shares for the stock that trades in 10-share lots.
The Consolidated Rail Corporation, which is succeeding to most of the transportation assets of the Penn Central, lost a court bid last week to enjoin Canada Southern from paying the dividend, which will come out of the latter road’s retained earnings.
https://news.google.com/newspapers?nid=1368&dat=19760331&id=XadRAAAAIBAJ&sjid=4BEEAAAAIBAJ&pg=5868,5332837&hl=en
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