Note 3 - Dividends Payable

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Dividends Payable [Text Block]

Note

3

–

DIVIDENDS PAYABLE

Dividends payable includes amounts that are due to stockholders whom the Company has been unable to locate, stockholders’ heirs pending ownership transfer documents, or uncashed dividend checks of other stockholders. Funds required to satisfy dividends payable are held in custody of the Company’s transfer agent and are included in Other Assets on the Company’s balance sheet.