Franklin Company had 100 shares of common stock issued and outstanding at December 31 , 0017. "Authorized shares" refers to the number of shares the corporation is allowed to issue under its certificate or articles of incorporation.Based on the number of outstanding shares of Common Stock as of. Cost basis is used to determine capital gains and losses for tax purposes when mutual fund shares are sold or exchanged. So, the total purchase price is the sum of the cost of the shares and the commission. Refer to "Qualified Investors" in the prospectus for more information. To purchase Class Z shares, complete Section 8. As of October 31, 2019, the Registrant had 13,982,356 shares of Common Stock outstanding. The Distribution Rate calculation includes income and return of capital and includes a prorated special distribution in the month it is paid. Enroll in a physical fitness or cultural arts class or take a daily walk on the trails at Norman J. Levy Park and Preserve in Merrick.