Modern Business Corporations, Including the Organization and Management of Private Corporations, with Financial Principles and Practices, and Summaries of Decisions of the Courts Elucidating the Law of Private Business Corporations, and Explanations of the Acts of Promoters, Directors, Officers and Stockholders of CorporationsBobbs-Merrill Company, 1906 - 11 pages |
Contents
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Common terms and phrases
amount annual appointed assets auditor authorized bank board of directors bookkeeper broker by-laws capital stock cash cent charter common stock company's consolidation contract cost creditors cumulative voting debts dends dividends dollars earnings elected executive finance committee franchise fund held hereby holders incorporation indorsed interest J. P. Morgan Jersey Keithsburg liabilities lien loans manufacturing ment mortgage notice number of shares organized paid pany par value payable payment person poration powers preferred stock president profits proxy purchase purpose quorum railroad Railway receive represented secretary SECTION securities sell shareholders shares of stock sold special meeting statement statute stock certificate stock exchange stockholders stocks and bonds subscribed subscription surplus syndicate thereof tion transaction transfer agent transfer books treasurer treasury stock Trust Company underwriter usually vote York York Stock Exchange
Popular passages
Page 224 - ... the Board of Directors in the management of the business and affairs of the corporation...
Page 209 - In the event of any liquidation or dissolution or winding up (whether voluntary or involuntary) of the corporation, the holders of the preferred stock shall be entitled to be paid in full, both the par amount of their shares and the unpaid dividends, if any, accrued thereon, before any amount shall be paid to the holders of the common stock...
Page 212 - The board of directors from time to time shall determine whether and to what extent, and at what times and places, and under what conditions and regulations, the accounts and books of the corporation, or any of them, shall be open to the inspection of the stockholders, and no stockholder shall have any right to inspect any account or book or document of the corporation, except as conferred by statute or authorized by the board of directors, or by a resolution of the stockholders.
Page 210 - ... may elect a successor to hold office for the unexpired portion of the term of the director whose place shall be vacant, and until the election of a successor.
Page 211 - Any officer elected or appointed by the board of directors may be removed at any time by the affirmative vote of a majority of the whole board of directors.
Page 239 - Boston has caused its corporate seal to be hereto affixed and th'ese presents to be signed by , its Superintendent of Lamps.
Page 225 - The vice president shall perform such other duties as from time to time may be assigned to him by the president or by the board of directors.
Page 239 - Treasurer of a transfer to bearer shall restore transferability by delivery; said bonds shall continue, subject to successive registrations and transfers to bearer, as aforesaid, at the option of each holder.
Page 212 - ... of any surplus or net profits over and above the capital stock paid in; and in its discretion the board of directors may use and apply any such surplus or accumulated profits in purchasing or acquiring its bonds or other obligations, or shares of...
Page 233 - DOLLARS in gold coin of the United States of the present standard of weight and fineness...