Website: N/A
Stock Symbol: NASDAQ: MAYS
Market Value: N/A (in millions)
J.W. Mays, Inc. (the “Company” or “Registrant”) with executive offices at 9 Bond
Street, Brooklyn, New York 11201, operates a number of commercial real estate
properties, which are described in Item 2 “Properties”. The Company’s business
was founded in 1924 and incorporated under the laws of the State of New York on
July 6, 1927.
The Company discontinued its department store business which operated under the
name of “MAYS”, in the year ended July 31, 1989, and has continued the leasing
of real estate. The Company has no foreign operations.
The Company employs approximately 29 employees and has a contract, expiring
November 30, 2007, with a union covering rates of pay, hours of employment and
other conditions of employment for approximately 24% of its employees. The
Company intends to renew the union contract on a timely basis. The Company
considers that its labor relations with its employees and union are good.