The New York Times, April 23, 1899

posted Jun 8, 2017, 7:08 AM by John Doe

THE ELECTROLYTIC COMPANY.; Shareholders Obtain a Dividend from Cash Returned by Jernegan.

BOSTON, April 22. -- The committee in charge of the affairs of the Electrolytic Marine Salts Company, of which the Rev. Prescott F. Jernegan was President, and which was thrown into difficulties by Mr. Jernegan's unexpected departure several months ago, has announced to the share-holders whom it represents a dividend of 20 per cent., payable May 1.