Trade Promotion Series, Issue 147U.S. Government Printing Office, 1933 - United States |
From inside the book
Results 1-5 of 35
Page 14
... receiving what he originally sub- scribed , the holder of a share simply receives his proportion of such assets . The rights of the various classes of shareholders ( discussed below ) are determined by the articles or memorandum . A ...
... receiving what he originally sub- scribed , the holder of a share simply receives his proportion of such assets . The rights of the various classes of shareholders ( discussed below ) are determined by the articles or memorandum . A ...
Page 15
... received , the allotment may be set aside within 1 month of the statutory meeting , or , if there is no statutory meeting , within 1 month after allotment , and any director who has knowledge of the fact is liable to compensate the ...
... received , the allotment may be set aside within 1 month of the statutory meeting , or , if there is no statutory meeting , within 1 month after allotment , and any director who has knowledge of the fact is liable to compensate the ...
Page 16
... received their dividends . Preference . - Preference shares , divided into cumulative or non- cumulative , entitle the holder to a fixed dividend before any dividend is paid on the ordinary shares . Generally the rate of this dividend ...
... received their dividends . Preference . - Preference shares , divided into cumulative or non- cumulative , entitle the holder to a fixed dividend before any dividend is paid on the ordinary shares . Generally the rate of this dividend ...
Page 22
... received may be had from any shareholder knowing these facts . Such a shareholder may not sue the directors.s As an example of typical regulations governing the declaration of dividends , table A ( appendix I ) should be consulted . 58 ...
... received may be had from any shareholder knowing these facts . Such a shareholder may not sue the directors.s As an example of typical regulations governing the declaration of dividends , table A ( appendix I ) should be consulted . 58 ...
Page 23
... received satisfaction.62 61 The uncalled capital of a company may be changed if the memo- randum or articles permit this . Money borrowed by a company may be secured in one of several ways : ( 1 ) a legal mortgage of some specific asset ...
... received satisfaction.62 61 The uncalled capital of a company may be changed if the memo- randum or articles permit this . Money borrowed by a company may be secured in one of several ways : ( 1 ) a legal mortgage of some specific asset ...
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Common terms and phrases
ad valorem agent allotment allowance amount annual payments annual value annuities apply appointed articles of association assets auditors authorized Britain certificate chargeable charged commissioners Companies Act COMPANY LAW company's computed contract contract notes contributories corporation court creditors debentures debt deed directors dividends dominion duty payable England entitled exceed exceeding exemption extraordinary resolution Finance Act floating charge foreign holders Income Tax Act Inland Revenue interest issued lands liability limited liquidator marketable security meeting memorandum ment months mortgage nominal nonresident notice number of shares pany percent person plant and machinery private company profits purpose rate of tax received registered Registrar of Companies relief remuneration rent resident respect rule share capital shareholders special resolution stamp duty standard rate statutory subscribe surtax taxpayer thereof tion total income trade transfer trustees ultra vires United Kingdom vote
Popular passages
Page 141 - All acts done by any meeting of the directors, or of a committee of directors, or by any person acting as a director, shall, notwithstanding that it be afterwards discovered that there was some defect in the appointment of any such...
Page 141 - The directors may, before recommending any dividend, set aside out of the profits of the company such sums as they think proper as a reserve or reserves...
Page 6 - ... to carry on some business which under existing circumstances may conveniently or advantageously be combined with the business of the company...
Page 141 - Subject to the rights of persons, if any, entitled to shares with special rights as to dividends, all dividends shall be declared and paid according to the amounts paid on the shares...
Page 134 - I AB of in consideration of the sum of paid to me by CD of do hereby transfer to the said CD, his executors, administrators, and assigns, a certain mortgage...
Page 140 - Any casual vacancy occurring in the board of directors may be filled up by the directors, but any person so chosen shall retain his office so long only as the vacating director would have retained the same if no vacancy had occurred.
Page 140 - The directors to retire in every year shall be those who have been longest in office since their last election, but as between persons who became directors on the same day those to retire shall, unless they otherwise agree among themselves, be determined by lot.
Page 134 - ... shares) standing registered in the name of a single person for all moneys presently payable by him or his estate to the company; but the directors may at any time declare any share to be wholly or in part exempt from the provisions of this regulation. The company's lien, if any, on a share shall extend to all dividends payable thereon.
Page 134 - The proceeds of the sale shall be received by the company and applied in payment of such part of the amount in respect of which the lien exists as is presently payable, and the residue shall (subject to a like lien for sums not presently payable as existed upon the shares prior to the sale) be paid to the person entitled to the shares at the date of the sale. Calls on shares.
Page 139 - The business of the Company shall be managed by the directors, who may pay all expenses incurred in...