The Trust ProblemMcClure, Phillips & Company, 1901 - 341 pages |
From inside the book
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Page viii
... issued for cash Promoter defined Stock issued for property ...... Stock issued for services ... 77 78 78 79 tions . Advantages of preferred stock .. The bondholders pay the costs of building ; the stockholders reap surplus profits ...
... issued for cash Promoter defined Stock issued for property ...... Stock issued for services ... 77 78 78 79 tions . Advantages of preferred stock .. The bondholders pay the costs of building ; the stockholders reap surplus profits ...
Page xvii
... issued only for actual value , and 267 not put on market till after one business year ... 267 Places of business named not to be changed without consent of State .... Accounts to be open to public officials . 268 268 PAGE Nature of ...
... issued only for actual value , and 267 not put on market till after one business year ... 267 Places of business named not to be changed without consent of State .... Accounts to be open to public officials . 268 268 PAGE Nature of ...
Page xviii
... .. Without license no corporation permitted to do busi- ness outside its own State ... A Congressional act requiring a license issued by 306 306 License to be granted only on conditions that will- Prevent xviii Contents.
... .. Without license no corporation permitted to do busi- ness outside its own State ... A Congressional act requiring a license issued by 306 306 License to be granted only on conditions that will- Prevent xviii Contents.
Page 77
... issuance of watered stock . To see fully the common practices in connection with such work , we may profitably sketch hastily in review the more usual processes and forms of organization of corporations . A certificate of stock is ...
... issuance of watered stock . To see fully the common practices in connection with such work , we may profitably sketch hastily in review the more usual processes and forms of organization of corporations . A certificate of stock is ...
Page 78
... issued only for cash , there is little likelihood of injustice being done , or of either the inves- tors in the stocks or those who are doing busi- ness with the company being deceived with ... issued for cash Stock issued for property.
... issued only for cash , there is little likelihood of injustice being done , or of either the inves- tors in the stocks or those who are doing busi- ness with the company being deceived with ... issued for cash Stock issued for property.
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Common terms and phrases
actual cash value advantage American Steel amount auditors Austria balance-sheet bination bonds capital stock cash cent certificate of incorporation chart common stock competitive rates competitors considerable consumers corporation laws cost course directors Distilling dividends earning effect employers establishment evil fact favors Federal Steel fixed freight furnish hand holders increase independent individual industrial combinations Industrial Commission interest J. P. Morgan labor large profits legislation less lessened loss manufacturers margin ment monopolistic power monopoly natural monopolies nature organization output paid pany par value perhaps plants poration practically preferred stock probably promoter provisions railroads raw material readily refineries regarding registered agent registered office rivals savings secure seems sell shareholders siderable speculative Standard Oil Company Steel and Wire stock is issued stockholders sumers tariff tin plate tion trade true United voting Trust wages Wire Company
Popular passages
Page 292 - ... to be purchased or acquired, which is to be paid for wholly or partly out of the proceeds of the issue offered for subscription by the prospectus, or the purchase or acquisition of which...
Page 286 - ... who shall make it, or who shall assent thereto, shall be jointly and severally liable to the extent of such loan and interest, for all the debts of the company contracted before the re-payment of the sum so loaned.
Page 282 - If any certificate or report made, or public notice given by the officers of any such company in pursuance of the provisions of this act, shall be false in any material representation, all the officers who shall have signed the same, knowing it to be false, shall be jointly and severally liable for all the debts of the company contracted while they are stockholders or officers thereof.
Page 291 - ... have been issued, or agreed to be issued, as fully or partly paid up otherwise than in cash, and in the latter case the extent to which they are so paid up, and in either case the consideration for which those shares or debentures have been issued or are proposed or intended to be issued...
Page 278 - ... shall be entitled to one vote in person or by proxy for each share of the capital stock held by him, but no proxy shall be voted on after...
Page 286 - Where the whole capital of a Corporation shall not have been paid in, and the capital paid shall be insufficient to satisfy the claims of its creditors, each stockholder shall be bound to pay, on each share held by him, the sum necessary to complete the amount of such share, as fixed by the Charter of the Company, or such proportion of that sum as shall be required to satisfy the debts of the Company.
Page 271 - ... shall, in addition to the other penalties prescribed by law, be liable to a fine of one hundred dollars, to be sued for and recovered by the mayor or board making the appointment, in a court of record, for the use and benefit of the treasury of such city.
Page 261 - The larger corporations — the so-called trusts — should be required to publish annually a properly audited report, showing in reasonable detail their assets and liabilities, with profit or loss ; such report and audit under oath to be subject to Government inspection.
Page 275 - ... extend its corporate existence, create one or more classes of preferred stock, and make such other amendment, change or alteration as may be desired, in manner following...
Page 302 - None of the provisions of this Act shall be construed to repeal any of the provisions of the "War Prohibition Act...