Though earnings of the family-owned Ford Motor Co. have always been and still are a mystery, some facts about its dividends and ownership came out last week. In a report to Detroit's Probate Court, Clara Ford, widow of Henry the First, reported that the company paid out two dividends amounting to $4.50 a share for the year ending last July 1.
Mrs. Clara Ford is executrix of the estate, which holds 95,321 shares (55.2% of the voting stock) for her grandchildren, who will eventually divide it. On these holdings, the estate got $428,944....
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