Estate of Joseph Cidulka, Deceased, James S. Bozik, Administrator - Page 12

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          deluxe posters.  Paint structures vary in size and shape, and               
          generally have a fixed-term contract for the advertising space.             
          The advertisement is permanently painted on the sign face.  Paint           
          structures may be standard or nonstandard in size.  National                
          advertisers typically avoid nonstandard signs.  Paint structures            
          have less turnover than other structures since their message                
          generally involves advertising of a certain location.  This                 
          results in less vacancy and higher gross sales volumes.  Paint              
          structures require less maintenance because of the lower turnover           
          rate.  Poster and rotary bulletin units are utilized by                     
          advertisers for shorter periods of time and have higher                     
          maintenance cost than paints.  SOAI was primarily a paint                   
          operation on the valuation date, January 25, 1982.                          
               Posters are standardized advertising copy printed on posting           
          paper and pasted on the face of the sign structure.  A poster               
          copy size is standard throughout the industry at 12 feet 3 inches           
          high by 24 feet 6 inches long.  Industry-wide posters have the              
          highest vacancy of any billboards throughout the United States.             
               Deluxe posters, also known as junior posters or 8-sheet                
          poster panels, are small standardized advertising copy printed on           
          posting paper and pasted on the face of the sign structure.  A              
          deluxe poster measures approximately 6 feet in height by 12 feet            
          in length.                                                                  
               Rotary bulletins have consistent face sizes on varying types           
          of structures.  The advertising copy is rotated between various             




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Last modified: May 25, 2011