Merger into Mobil Corp.
Per share of Marcor common 0.16 shares of
Mobil Corp and $30 Mobil Corp debenture 8 1/2s
due 6-15-2001
Per share of Marcor convertible preffered 0.32
shares Mobil Corp and $60 Mobil Corp debenture
8 1/2s due6/16/2001
Taxability: Taxable, resulting in gain or loss,
computed by comparing market value of
debenture and common stock plus amount of
cash received in lieu of fractions with basis of
common or preferred surrendered.
Merger into Mobil Corp.
Shareholders of each share
of Superior Oil received
$20 cash and $25 Mobil
Corp debentures in this
taxable transaction.