Two years later, in 1930, the Williams group prevailed by less than 4,000 shares.

Executive stock options raise that total by more than one million shares.

In 1930, the Williams group prevailed by less than 4,000 shares.

The family has cut its holdings by about 15 million shares but still owns over half the company.

At the meeting, members were encouraged to buy into the club by purchasing shares.

Its short position fell by nearly 9 million shares, to 6.7 million.

Banks and other financial institutions could raise capital almost at will during much of the 1980's by selling shares.

When people form a company, they decide whether to limit the members' liability by shares.

The company used the proceeds to reduce its outstanding stock by 50 percent, or seven million shares.

"Volume exceeded the previous record by 500 million shares," he said.