Re: Railroad Men's Club


Dennis Storzek
 

On Sun, May 2, 2021 at 08:51 AM, Mike Settle wrote:
It was an expensive share of stock, too. 100 dollars in 1925 is equivalent to just a little over 1500 dollars today.
The thought occurs to me that this organization may have owned lodging in some major terminals, and the payment was for pre-paid lodging. Incorporation is governed by state laws; I seem to recall some states allowed Not-for-profits to sell shares.

Dennis Storzek

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