[Apostle Heber J. Grant Diary] Heber J. Grant & Co at the time of the division on party lines, had $49,000 of Herald stock which cost them par and they subsequently paid a 20% assessment on the same, and as this stock is now entirely wiped out of existence, our little firm, not counting interest on our money, has had $59,000 of experience because of the division on party lines, and by counting interest the amount would aggregate very nearly if not fully $80,000.
[Source: Diary Excerpts of Heber J. Grant, http://amzn.to/newmormonstudies]
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