Annual meeting 1969/shareholders of

by hoser 6 Replies latest jw friends

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  hoser

  In the 1971 yearbook it talks about a member getting expelled as a shareholder of the watchtower society.

  "

  The report of the Secretary and Treasurer, Grant Suiter, showed that on October 1, 1969, there were 471 members and that during the course of the year there was a drop in membership of thirteen persons, twelve by death and one by expulsion, thus leaving the membership at 458 as of October 1, 1970. "

  I wonder who?

  after 1972 they stopped publishing the number of member/ shareholders of the pennsylvania corporation. The # of shareholders was 450 in 1971.

  my question is after a shareholder of the WTBS died what happened to their membership/ share??
• 

  steve2

  Interesting topic. Your question will provoke a range of guesses. I suspect the Watchtower shareholders would have had shares in 'theory'only as a legal requirement of any legally incorporated body rather than as actual bonds. I wonder too if Ray Franz ever wrote about this? I'll stay tuned to see what answers you get.
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  Aussie Oz

  well, at those losses surely by now there are no shareholders left at all...

  oz
• 

  hoser

  bump for new members
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  LoisLane looking for Superman

  Hoser , This is the only "knowledge" I can add.

  I know of one shareholder alive and kicking, not of the anointed but he was a Gilead graduate and Branch Overseer, for many years.

  Just Lois
• 

  hoser

  so how did he become a shareholder?
• 

  LoisLane looking for Superman

  Hi Hoser, There are only so many up for "grabs".

  He was in a high administrative job. A "high" boot licker, if you will. Or a good drone. Whichever title you choose to use.

  Just Lois