Earl Wrote:
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>
> Along the same, but more successful lines, one can
> buy stock in the Strasburg RR on occasion (when
> shares come available). I don't think they've
> ever paid a dividend either. All the profit goes
> back into the property.
Actually, SRC pays a dividend of 1% or so every year. I guess it's written into the bylaws. They also made page 1 of the Wall Street Joural circa1970 for having a 100 to 1 stock split. The few originals still above ground of 1958 stock holders when I started impressed me as a bunch of crotchety old skin flints, but I they did a good job setting up the company.