Payments were made on this date as indicated in the following subscription register:
| Subscriber | No. Shares | Amount | Form of Payment |
| C. Dunn | 100 | $10,000.00 | Cash |
| E. Ferris | 200 | 20,000.00 | Cash |
| G. Hall | 400 | 40,000.00 | Cash $10,000, and Hall's note with interest at 6%, due in one year, the balance. |
April 12. Expenses of $1,200 incidental to the organization of the corporation were paid in cash.
April 15. The corporation purchased J. King’s entire plant valued at $170,000 and assumed his liabilities amounting to $70,000, giving in full payment 1,200 shares of stock at par.
April 20. S. Samson subscribed for 50 shares of stock and paid an instalment of $30 per share in cash.
April 22. To provide working capital, each of the following stockholders donated 1/10 of his shares of stock: Dunn, Ferris, Hall, and King.
April 25. Cash was received for 100 shares of donated stock sold at 85.
April 27. Samson gave his note due in six months for the balance due on his stock subscription.
April 28. The directors authorized an issue of $50,000 in bonds, with interest at 5%, to mature in 20 years.
April 30. Bonds having a par value of $30,000 were sold for $28,000 in cash.