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Continental Illinois Corp. directors voted to pay a dividend of $1.68 million, or 93.75 cents a share, on the 1.79 million shares of the
corporation`s adjustable-rate preferred stock on June 30 to shareholders of record June 10. The bank holding company will pay the Federal Deposit Insurance Corp. $6.58 million on a series of preferred stock acquired by the FDIC in the 1984 rescue of Continental Bank.
