Towson Corp., had 5,000 shares of $100 par, 3% cumulativepreferred stock as of January 1, 2018.No additional shares of preferred stock were issued… Towson Corp., had 5,000 shares of $100 par, 3% cumulative preferred stock as of January 1, 2018. No additional shares of preferred stock were issued during fiscal years 2018 & 2019. Dividends were paid to common shareholders in 2017 but no...
