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"I have just seen the Baron de Thaller." He had said so much the day before about having nothing more to do with it, that Maxence could not repress a gesture of surprise. "Oh! it isn't alone that I saw him," added M. Chapelain, "but together with at least a hundred stockholders of the Mutual Credit." "They are going to do something, then?" "No: they only came near doing something.

The decision of the stockholders is unanimously for enlargement of the capital stock. The quicker we get that property to its maximum output the more we make, you see. There's a fine vein of quartz to develop, expensive machinery to install. It's no more than fair that these outsiders who are clamoring to get aboard should pay their share of the expense of organization and promotion.

Do by me as you would do for yourself, and I shall be satisfied.... In regard to any honorable propositions made in the Board be conciliatory and compromising, but any scheme to oppress the smaller stockholders for the benefit of the larger resist to the death.

Sam was a growing force in the company. He sat on the board of directors, the recognised practical head of the business among its stockholders and employees; he had stopped the company's march toward a second place in its industry and had faced it about.

Perkfeld agreed to this, but, most unexpectedly, some opposition developed among the members of the express firm. It appeared that one of the stockholders wanted the place of express rider for a relative of his. There were several others who wanted the place, and there was quite a scramble for it. But Jack really had the most logical claim to it, and, as Mr.

It can and should require for itself and for the use of all persons interested in the corporation, the fullest and most detailed information, consistent with practical business methods, as to the details of its organization, the powers and restrictions imposed upon its stockholders and as to the property against which stock is to be or has been issued.

The prospects for profit and loot were so unprecedentedly great that capitalists now blithely and eagerly darted forward. One has only to examine the list of stockholders of the Credit Mobilier Company in 1867 to verify this fact. No. 77 and No. 78, Reports of U. S. Senate Committees, 1872-73. Morton, Bliss & Co. held 18,500 shares; Pullman, 8,400 shares, etc.

The men who owned the industrial plants and managed the large banks and projected the ambitious railway and canal systems, the stockholders and the officers, the factors and storekeepers, were drawn from the same sturdy New England and Middle States stock, the small farmers and little merchants who had composed the democracy which had fought the Revolution.

All contributions by corporations to any political committee or for any political purpose should be forbidden by law; directors should not be permitted to use stockholders' money for such purposes; and, moreover, a prohibition of this kind would be, as far as it went, an effective method of stopping the evils aimed at in corrupt practices acts.

If, owing to the use of it, the directors are encouraged to finance themselves badly, that is to say, to pay out of new capital for improvements and extensions which a more prudent policy would have financed out of earnings, just because they find that these issues carrying a small bonus makes them popular with the stockholders, then the system is being abused.