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COMMON STOCK
12 Months Ended
Dec. 31, 2012
CommonStockAbstract  
COMMON STOCK
Note 4 – COMMON STOCK

The following table summarizes the changes in common stock issued and outstanding:

         
Shares of
       
   
Shares
   
Treasury
   
Shares
 
   
Issued
   
Stock
   
Outstanding
 
January 1, 2011, $.50 par value stock, 400,000 shares authorized
    184,735       23,456       161,279  
Purchase of stock
    —       259       (259 )
                         
December 31, 2011, $.50 par value stock, 400,000 shares authorized
    184,735       23,715       161,020  
Purchase of stock
    —       232       (232 )
                         
December 31, 2012, $.50 par value stock, 200,000 shares authorized
    184,735       23,947       160,788  

In June 2012, the Company amended its Certificate of Incorporation to change its shares authorized from 400,000 shares to 200,000 shares.