1 Information not available. Not applicable. common. Paid in: $51,000. Not fixed by statute; minimum stock par must be $25. Not fixed by statute. Authorized: $100,000 in 1,000 shares of $100-par com mon. Paid in: $28,000. 120 55 55 53 53 (9) 3 Statute authorizes private persons to form one or more development credit corporations. Statute itself creates a single development credit corporation for the entire State. Source: Small Business Administration, revised. 14 352 14 352 Limits loans to $36,000. NORTHEASTERN DEVELOPMENT CREDIT CORPORATIONS REPORT, 6 MONTHS ENDING JUNE 30, 1959 Institutional members. Northeastern development credit corporations report, 6 months ending June 30, 1959-Continued Stockholders. Institutional members. National banks and trust companies.. Loans approved. Loans cancelled. Northeastern development credit corporations report, 6 months ending June 30, 1959-Continued Source: Northeastern Conference of Development Credit Corporations; William S. Coffin, manager, Development Credit Corp. of Maine, Augusta: Gardner Tilton, manager, New Hampshire Business Development Corp., Concord; Roland Q. Seward, president, Vermont Development Credit Corp., Rutland; Francis P. Brennan, executive vice president, Massachusetts Business Development Corp., Boston, conference chairman; Harvey J. Sarles, president, Business Development Co. of Rhode Island, Providence; Peter M. Moffitt, manager, The Connecticut Development Credit Corp., Meriden; David J. Duggan, executive vice president and assistant secretary, New York Business Development Corp., Albany; Melvin D. Peach, executive assistant, The New England Council, 1032 Statler Building, Boston, conference secretary. |