Business: First Million

The American Telephone & Telegraph Co. this week became the first corporation in the world to have a million stockholders. The millionth: Brady Denton, 33, a Buick salesman in Saginaw, Mich., who, with his wife as joint owner, bought seven shares of A.T. & T. at $155 a share, will get $63 in dividends every year.

...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!