Notes, May 10, 1926

Fisher Body of General Motors.

Seven years ago General Motors made an exceptionally profitable investment by buying 1,441,920 (60%) of Fisher Body Corp.'s shares for $32,151,825. This has already earned $23,130,800 in dividends and $25,217,000 in Fisher Body equity. Not only such profits but also the desire to have completely in its train a manufacturer the merits of whose products have gained almost unprecedented fame, have made the motor makers covetous of the remaining 40% of Fisher stock. But the chief minority holders refused all propositions until...

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