Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

General Realty & Utilities Corp. Deal - Lehman Brothers Collection

General Realty & Utilities Corp.

Company DealGeneral Realty & Utilities Corporation: organization and stock issue
Transaction TypeCommon Stock / Preferred Stock
Deal DescriptionGeneral Realty & Utilities Corporation issued shares of preferred stock and common stock in this transaction. The proceeds were used to provide capitalization for the company. The company's initial activities included the acquisition of unimproved property for future improvement or for resale; the construction of large buildings for investment or for sale; the purchase of improved income- producing property for investment; and the financing of real estate operations of all kinds, particularly of construction. Its real estate activities were initially centered in New York City.
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